Shake Property Plant And Equipment Net vs Non Current Assets Total Analysis

SHAK Stock  USD 122.29  0.16  0.13%   
Shake Shack financial indicator trend analysis is much more than just breaking down Shake Shack prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shake Shack is a good investment. Please check the relationship between Shake Shack Property Plant And Equipment Net and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shake Shack. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Shake Stock please use our How to buy in Shake Stock guide.

Property Plant And Equipment Net vs Non Current Assets Total

Property Plant And Equipment Net vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shake Shack Property Plant And Equipment Net account and Non Current Assets Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shake Shack's Property Plant And Equipment Net and Non Current Assets Total is 0.91. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Shake Shack, assuming nothing else is changed. The correlation between historical values of Shake Shack's Property Plant And Equipment Net and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Shake Shack are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant And Equipment Net i.e., Shake Shack's Property Plant And Equipment Net and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Shake Shack's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shake Shack current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shake Shack. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Shake Stock please use our How to buy in Shake Stock guide.At this time, Shake Shack's Tax Provision is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 61.85 this year, although Enterprise Value will most likely fall to about 557.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit306.5M381.5M88.1M83.7M
Total Revenue739.9M900.5M1.1B1.1B

Shake Shack fundamental ratios Correlations

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0.910.980.990.870.670.230.980.880.890.910.90.740.920.870.850.980.980.760.90.990.990.93-0.640.940.98
0.190.190.350.120.040.230.270.320.190.190.290.050.180.250.270.190.230.150.150.210.220.18-0.310.230.25
0.840.990.970.760.530.980.270.790.880.840.850.620.910.790.750.950.970.770.810.960.980.9-0.50.860.99
0.960.810.880.960.790.880.320.790.790.960.960.850.80.940.950.880.840.590.980.880.830.83-0.750.930.82
0.850.870.870.780.540.890.190.880.790.80.810.620.990.770.720.920.90.480.820.920.910.98-0.50.80.94
1.00.860.890.980.830.910.190.840.960.80.970.90.810.960.960.920.860.70.980.920.870.86-0.750.890.86
0.970.870.90.930.760.90.290.850.960.810.970.840.820.910.920.90.840.710.950.910.860.84-0.730.880.86
0.890.670.730.930.990.740.050.620.850.620.90.840.620.890.940.80.70.590.870.80.690.72-0.890.770.66
0.850.910.90.770.540.920.180.910.80.990.810.820.620.770.720.940.930.510.820.940.950.97-0.50.840.96
0.960.80.870.960.850.870.250.790.940.770.960.910.890.770.970.890.840.630.960.890.830.85-0.780.840.82
0.950.770.850.970.910.850.270.750.950.720.960.920.940.720.970.870.810.620.950.870.80.81-0.870.870.77
0.930.960.970.890.730.980.190.950.880.920.920.90.80.940.890.870.970.720.91.00.980.96-0.690.910.97
0.870.970.980.830.640.980.230.970.840.90.860.840.70.930.840.810.970.690.850.980.990.94-0.610.910.98
0.650.790.740.620.510.760.150.770.590.480.70.710.590.510.630.620.720.690.60.720.720.53-0.50.630.7
0.980.830.870.980.810.90.150.810.980.820.980.950.870.820.960.950.90.850.60.90.850.87-0.710.910.84
0.930.970.980.890.730.990.210.960.880.920.920.910.80.940.890.871.00.980.720.90.980.96-0.690.920.98
0.870.990.980.820.610.990.220.980.830.910.870.860.690.950.830.80.980.990.720.850.980.94-0.580.90.99
0.890.90.910.850.650.930.180.90.830.980.860.840.720.970.850.810.960.940.530.870.960.94-0.610.850.95
-0.72-0.53-0.67-0.8-0.92-0.64-0.31-0.5-0.75-0.5-0.75-0.73-0.89-0.5-0.78-0.87-0.69-0.61-0.5-0.71-0.69-0.58-0.61-0.69-0.53
0.880.880.930.890.720.940.230.860.930.80.890.880.770.840.840.870.910.910.630.910.920.90.85-0.690.87
0.880.980.970.80.560.980.250.990.820.940.860.860.660.960.820.770.970.980.70.840.980.990.95-0.530.87
Click cells to compare fundamentals

Shake Shack Account Relationship Matchups

Shake Shack fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets968.3M1.1B1.5B1.5B1.6B811.5M
Other Current Liab51.0M41.6M55.4M74.9M80.7M84.7M
Total Current Liabilities99.4M109.7M121.5M147.7M164.1M172.3M
Total Stockholder Equity322.0M407.3M435.6M395.1M443.4M269.6M
Other Liab238.3M253.8M252.5M251.7M289.4M199.0M
Property Plant And Equipment Net589.3M642.9M736.7M834.5M929.3M975.8M
Current Deferred Revenue2.3M2.6M3.3M2.3M2.6M2.5M
Net Debt303.3M238.1M383.8M483.5M546.7M574.0M
Accounts Payable14.3M23.5M19.9M20.4M22.3M13.3M
Cash37.1M146.9M302.4M230.5M224.7M235.9M
Non Current Assets Total880.6M942.2M1.0B1.2B1.3B648.6M
Non Currrent Assets Other11.5M12.3M12.6M15.8M14.0M8.5M
Other Assets289.9M297.9M309.8M314.5M361.7M218.1M
Cash And Short Term Investments37.1M183.8M302.4M311.2M293.2M307.9M
Net Receivables10.0M9.5M13.7M12.2M14.0M8.4M
Common Stock Shares Outstanding32.3M37.1M39.1M39.2M43.9M27.3M
Liabilities And Stockholders Equity968.3M1.1B1.5B1.5B1.6B811.5M
Non Current Liabilities Total546.9M601.2M900.5M927.4M972.4M1.0B
Inventory2.2M2.9M3.9M4.2M5.4M5.7M
Other Current Assets38.4M7.1M9.8M16.4M21.8M22.9M
Other Stockholder Equity267.6M395.1M405.9M415.6M426.6M240.2M
Total Liab646.3M710.9M1.0B1.1B1.1B1.2B
Property Plant And Equipment Gross589.3M642.9M959.4M1.1B1.3B1.4B
Total Current Assets87.7M203.2M409.7M344.0M334.4M351.2M
Accumulated Other Comprehensive Income(85.4M)2K3K1K(3K)(3.2K)
Property Plant Equipment314.9M642.9M389.4M467.0M537.1M563.9M
Short Long Term Debt Total340.4M385.0M686.2M714.1M771.3M809.9M
Net Tangible Assets298.8M405.9M409.5M395.1M454.4M265.1M
Retained Earnings54.4M12.2M3.6M(20.5M)16.8M11.1M
Short Term Investments36.5M36.9M80M80.7M68.6M53.9M
Short Term Debt31.9M37.7M38.2M44.8M52.4M35.5M
Noncontrolling Interest In Consolidated Entity47.4M23.2M26.1M24.6M22.2M25.8M
Retained Earnings Total Equity30.4M54.4M3.6M(20.5M)(18.5M)(17.6M)

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When determining whether Shake Shack is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shake Shack Stock. Highlighted below are key reports to facilitate an investment decision about Shake Shack Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shake Shack. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Shake Stock please use our How to buy in Shake Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shake Shack. If investors know Shake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shake Shack listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.397
Earnings Share
0.2
Revenue Per Share
30.494
Quarterly Revenue Growth
0.147
Return On Assets
0.0102
The market value of Shake Shack is measured differently than its book value, which is the value of Shake that is recorded on the company's balance sheet. Investors also form their own opinion of Shake Shack's value that differs from its market value or its book value, called intrinsic value, which is Shake Shack's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shake Shack's market value can be influenced by many factors that don't directly affect Shake Shack's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shake Shack's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shake Shack is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shake Shack's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.