CAKE (Cheesecake Factory) Interest Expense : $-8 Mil (TTM As of Sep. 2024)

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What is Cheesecake Factory Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cheesecake Factory's interest expense for the three months ended in Sep. 2024 was $ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-8 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Cheesecake Factory's Operating Income for the three months ended in Sep. 2024 was $ 38 Mil. Cheesecake Factory's Interest Expense for the three months ended in Sep. 2024 was $ -2 Mil. Cheesecake Factory's Interest Coverage for the quarter that ended in Sep. 2024 was 20.51. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Cheesecake Factory Interest Expense Historical Data

The historical data trend for Cheesecake Factory's Interest Expense 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 Interest Expense Chart

Cheesecake Factory Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-2.50

-8.60

-10.70

-6.04

-8.55

Cheesecake Factory Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-2.03	-2.48	-1.76	-2.35	-1.87

Cheesecake Factory Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8 Mil.

Cheesecake Factory (NAS:CAKE) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Cheesecake Factory's Interest Expense for the three months ended in Sep. 2024 was $-2 Mil. Its Operating Income for the three months ended in Sep. 2024 was $38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $1,749 Mil.

Cheesecake Factory's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	38.253	/	-1.865
	=	20.51

The higher the ratio, the stronger the company's financial strength is.

Cheesecake Factory Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Cheesecake Factory Inc (NAS:CAKE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CAKE:Mexico 0A5B:UK CF2:Germany CF2:Germany

Address

26901 Malibu Hills Road, Calabasas Hills, CA, USA, 91301

Website

https://www.thecheesecakefactory.com

Cheesecake Factory Inc 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. Majority of the company's revenue comes from The Cheesecake Factory restaurants segment.

Executives

David Overton	director, officer: Chairman and C.E.O.
Keith Carango	officer: President (Subsidiary)	26901 MALIBU HILLS ROAD, CALABASAS HILLS CA 91301
Ashley W Hanscom	officer: PRINCIPAL ACCOUNTING OFFICER	26901 MALIBU HILLS ROAD, CALABASAS HILLS CA 91301
Adam S. Gordon	director	26901 MALIBU HILLS ROAD, CALABASAS CA 91301
Edie A Ames	director	C/O MORTONS RESTATURANT GROUP, INC., 325 LASALLE STREET, SUITE 500, CHICAGO IL 60610
David Bruce Pittaway	director	150 E 58TH ST, STE 3700, NEW YORK NY 10155
Khanh Collins	director	22825 QUEENSBRIDGE DRIVE, ASHBURN VA 20148
Matthew Eliot Clark	officer: VP, Strategic Planning	26901 MALIBU HILLS ROAD, CALABASAS HILLS CA 91301
David M Gordon	officer: President	C/O THE CHEESECAKE FACTORY INCORPORATED, 26901 MALIBU HILLS DRIVE, CALABASAS HILLS CA 91301
Cheryl Slomann	officer: Principal Accounting Officer	6450 VIA REAL, CURPINTERIA CA 93013
Paul D. Ginsberg	director	C/O ROARK CAPITAL, 1180 PEACHTREE STREET NE, SUITE 2500, ATLANTA GA 30309
Rc Cake Holdings Llc	10 percent owner	1180 PEACHTREE STREET NE, SUITE 2500, ATLANTA GA 30309
Janice L. Meyer	director	26901 MALIBU HILLS ROAD, CALABASAS CA 91301
Laurence B Mindel	director	IL FORNAIO AMERICA CORP, 770 TAMAPAIS DR STE 400, CORTE MADERA CA 94925
Alexander L Cappello	director	C/O THE CHEESECAKE FACTORY INC, 26901 MALIBU HILLS ROAD, CALABASAS HILLS CA 91301