Shake Total Stockholder Equity vs Accounts Payable Analysis
SHAK Stock | USD 122.45 3.18 2.67% |
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 Total Stockholder Equity and its Accounts Payable 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.
Total Stockholder Equity vs Accounts Payable
Total Stockholder Equity vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shake Shack Total Stockholder Equity account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shake Shack's Total Stockholder Equity and Accounts Payable is 0.96. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Accounts Payable 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 Total Stockholder Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Shake Shack are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Stockholder Equity i.e., Shake Shack's Total Stockholder Equity and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Accounts Payable
An accounting item on the balance sheet that represents Shake Shack obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Shake Shack are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 Profit | 306.5M | 381.5M | 88.1M | 83.7M | Total Revenue | 739.9M | 900.5M | 1.1B | 1.1B |
Shake Shack fundamental ratios Correlations
Click cells to compare fundamentals
Shake Shack Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Shake Shack fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 968.3M | 1.1B | 1.5B | 1.5B | 1.6B | 811.5M | |
Other Current Liab | 51.0M | 41.6M | 55.4M | 74.9M | 80.7M | 84.7M | |
Total Current Liabilities | 99.4M | 109.7M | 121.5M | 147.7M | 164.1M | 172.3M | |
Total Stockholder Equity | 322.0M | 407.3M | 435.6M | 395.1M | 443.4M | 269.6M | |
Other Liab | 238.3M | 253.8M | 252.5M | 251.7M | 289.4M | 199.0M | |
Property Plant And Equipment Net | 589.3M | 642.9M | 736.7M | 834.5M | 929.3M | 975.8M | |
Current Deferred Revenue | 2.3M | 2.6M | 3.3M | 2.3M | 2.6M | 2.5M | |
Net Debt | 303.3M | 238.1M | 383.8M | 483.5M | 546.7M | 574.0M | |
Accounts Payable | 14.3M | 23.5M | 19.9M | 20.4M | 22.3M | 13.3M | |
Cash | 37.1M | 146.9M | 302.4M | 230.5M | 224.7M | 235.9M | |
Non Current Assets Total | 880.6M | 942.2M | 1.0B | 1.2B | 1.3B | 648.6M | |
Non Currrent Assets Other | 11.5M | 12.3M | 12.6M | 15.8M | 14.0M | 8.5M | |
Other Assets | 289.9M | 297.9M | 309.8M | 314.5M | 361.7M | 218.1M | |
Cash And Short Term Investments | 37.1M | 183.8M | 302.4M | 311.2M | 293.2M | 307.9M | |
Net Receivables | 10.0M | 9.5M | 13.7M | 12.2M | 14.0M | 8.4M | |
Common Stock Shares Outstanding | 32.3M | 37.1M | 39.1M | 39.2M | 43.9M | 27.3M | |
Liabilities And Stockholders Equity | 968.3M | 1.1B | 1.5B | 1.5B | 1.6B | 811.5M | |
Non Current Liabilities Total | 546.9M | 601.2M | 900.5M | 927.4M | 972.4M | 1.0B | |
Inventory | 2.2M | 2.9M | 3.9M | 4.2M | 5.4M | 5.7M | |
Other Current Assets | 38.4M | 7.1M | 9.8M | 16.4M | 21.8M | 22.9M | |
Other Stockholder Equity | 267.6M | 395.1M | 405.9M | 415.6M | 426.6M | 240.2M | |
Total Liab | 646.3M | 710.9M | 1.0B | 1.1B | 1.1B | 1.2B | |
Property Plant And Equipment Gross | 589.3M | 642.9M | 959.4M | 1.1B | 1.3B | 1.4B | |
Total Current Assets | 87.7M | 203.2M | 409.7M | 344.0M | 334.4M | 351.2M | |
Accumulated Other Comprehensive Income | (85.4M) | 2K | 3K | 1K | (3K) | (3.2K) | |
Property Plant Equipment | 314.9M | 642.9M | 389.4M | 467.0M | 537.1M | 563.9M | |
Short Long Term Debt Total | 340.4M | 385.0M | 686.2M | 714.1M | 771.3M | 809.9M | |
Net Tangible Assets | 298.8M | 405.9M | 409.5M | 395.1M | 454.4M | 265.1M | |
Retained Earnings | 54.4M | 12.2M | 3.6M | (20.5M) | 16.8M | 11.1M | |
Short Term Investments | 36.5M | 36.9M | 80M | 80.7M | 68.6M | 53.9M | |
Short Term Debt | 31.9M | 37.7M | 38.2M | 44.8M | 52.4M | 35.5M | |
Noncontrolling Interest In Consolidated Entity | 47.4M | 23.2M | 26.1M | 24.6M | 22.2M | 25.8M | |
Retained Earnings Total Equity | 30.4M | 54.4M | 3.6M | (20.5M) | (18.5M) | (17.6M) |
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Try AI Portfolio ArchitectCheck 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.