Shake Shack Balance Sheet
NYSE: SHAKConsumer DiscretionaryRestaurantsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Shake Shack financial position
At the end of fiscal 2025, Shake Shack reported total assets of $1.90 billion, up 11.7% from a year earlier against total liabilities of $1.34 billion. Shareholders' equity stood at $525.3 million, or 27.7% of assets. The company held $360.1 million in cash and equivalents against $247.7 million of debt, a net cash position of $112.4 million.
The current ratio (current assets divided by current liabilities) was 1.76, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.47.
Summary generated from market data by MetaCap's automated system. Methodology
Shake Shack balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-25 | FY 20232023-12-27 | FY 20222022-12-28 | FY 20212021-12-29 | FY 20202020-12-30 | FY 20192019-12-25 | FY 20182018-12-26 | FY 20172017-12-27 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 360.12M | 320.71M | 224.65M | 230.52M | 302.41M | 146.87M | 37.10M | 24.75M | 21.51M |
| Short-Term Investments | — | 0 | 68.56M | 80.71M | 80.00M | 36.89M | 36.51M | 62.11M | 63.04M |
| Receivables | 32.96M | 19.69M | 16.85M | 13.88M | 13.66M | 9.46M | 9.97M | 10.52M | 5.64M |
| Inventory | 7.18M | 6.01M | 5.40M | 4.18M | 3.85M | 2.89M | 2.22M | 1.75M | 1.26M |
| Total Current Assets | 430.35M | 368.22M | 334.43M | 343.99M | 409.68M | 203.19M | 87.67M | 101.12M | 93.20M |
| Property, Plant & Equipment | 625.85M | 551.60M | 531.00M | 467.03M | 389.39M | 336.54M | 314.86M | 261.85M | 187.09M |
| Total Assets | 1.90B | 1.70B | 1.61B | 1.51B | 1.47B | 1.15B | 968.27M | 610.53M | 470.61M |
| Accounts Payable | 24.75M | 23.61M | 22.27M | 20.41M | 19.95M | 23.49M | 14.30M | 12.47M | 8.21M |
| Total Current Liabilities | 244.92M | 187.31M | 164.07M | 147.72M | 121.50M | 109.70M | 99.39M | 59.95M | 34.02M |
| Long-Term Debt | 247.73M | 246.68M | 245.64M | 244.59M | 243.54M | 0 | 0 | — | — |
| Total Liabilities | 1.34B | 1.20B | 1.14B | 1.08B | 1.02B | 710.86M | 646.28M | 337.08M | 246.13M |
| Shareholders' Equity | 525.33M | 470.02M | 443.42M | 412.20M | 409.54M | 407.32M | 298.82M | 226.07M | 169.49M |
| Retained Earnings | 72.71M | 26.98M | 16.78M | -3.49M | 17.74M | 12.21M | 54.37M | 30.40M | 16.40M |
| Total Debt | 247.73M | 246.68M | 245.64M | 244.59M | 243.54M | 0 | 0 | — | — |
| Net Cash (Debt) | 112.39M | 74.03M | 47.58M | 66.64M | 138.86M | 183.76M | 73.61M | 86.86M | 84.54M |
This table shows 9 annual periods of Shake Shack's balance sheet, from FY 2025 back to FY 2017, across 15 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow SHAK's reporting calendar. What is a balance sheet?