Cheesecake Factory's Total Assets for the quarter that ended in Mar. 2023 was $2,742 Mil.
Warning Sign:
If a company builds assets at 17.1% a year, faster than its revenue growth rate of 5.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Cheesecake Factory's average Total Assets Growth Rate was 2.20% per year.
During the past 3 years, the average Total Assets Growth Rate was -1.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 17.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.30% per year.
During the past 13 years, Cheesecake Factory's highest 3-Year average Total Assets Growth Rate was 46.40%. The lowest was -5.00%. And the median was 20.30%.
Total Assets is connected with ROA %. Cheesecake Factory's annualizedROA % for the quarter that ended in Mar. 2023 was 4.07%. Total Assets is also linked to Revenue through Asset Turnover. Cheesecake Factory's Asset Turnover for the quarter that ended in Mar. 2023 was 0.31.
Cheesecake Factory Total Assets Historical Data
The historical data trend for Cheesecake Factory's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Cheesecake Factory Annual Data
Trend
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Total Assets
1,314.13
2,840.59
2,747.05
2,798.13
2,775.22
Cheesecake Factory Quarterly Data
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Total Assets
2,753.74
2,772.43
2,734.07
2,775.22
2,742.49
Cheesecake Factory Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Cheesecake Factory's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cheesecake Factory (NAS:CAKE) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Cheesecake Factory's Asset Turnover for the quarter that ended in Mar. 2023 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Cheesecake Factory Total Assets Related Terms
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Cheesecake Factory (NAS:CAKE) Business Description
Cheesecake Factory owns and operates restaurants in the United States and Canada under brands that include The Cheesecake Factory, North Italia, and a collection within the Fox Restaurants Concepts subsidiary. The company's international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, other FRC, and Flower Child. Most of the company's revenue comes from The Cheesecake Factory restaurants segment.
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