Shake Shack (MEX:SHAK) Total Assets : MXN32,990 Mil (As of Sep. 2024)

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What is Shake Shack Total Assets?

Shake Shack's Total Assets for the quarter that ended in Sep. 2024 was MXN32,990 Mil.

Warning Sign:

If a company builds assets at 17.3% a year, faster than its revenue growth rate of 9.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Shake Shack's average Total Assets Growth Rate was 6.60% per year. During the past 3 years, the average Total Assets Growth Rate was 10.90% per year. During the past 5 years, the average Total Assets Growth Rate was 17.30% per year. During the past 10 years, the average Total Assets Growth Rate was 36.30% per year.

During the past 12 years, Shake Shack's highest 3-Year average Total Assets Growth Rate was 122.60%. The lowest was 10.30%. And the median was 27.10%.

Total Assets is connected with ROA %. Shake Shack's annualized ROA % for the quarter that ended in Sep. 2024 was -2.54%. Total Assets is also linked to Revenue through Asset Turnover. Shake Shack's Asset Turnover for the quarter that ended in Sep. 2024 was 0.20.

Shake Shack Total Assets Historical Data

The historical data trend for Shake Shack'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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Shake Shack Total Assets Chart

Shake Shack Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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18,261.53

22,783.26

29,900.59

29,476.98

27,258.22

Shake Shack Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															27,258.07	27,258.22	26,866.55	30,443.58	32,989.50

Shake Shack 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.

Shake Shack's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	7967.203	+	19291.012
	=	27,258

Shake Shack's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	9432.737	+	23556.766
	=	32,990

Shake Shack (MEX:SHAK) Total Assets Explanation

Total Assets is connected with ROA %.

Shake Shack's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-804.232	/	( (30443.578	+	32989.503)	/ 2 )
	=	-804.232	/	31716.5405
	=	-2.54 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) 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.

Shake Shack's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	6240.329	/	( (30443.578	+	32989.503)	/ 2 )
=	6240.329	/	31716.5405
=	0.20

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.

Shake Shack Total Assets Related Terms

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Shake Shack Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Shake Shack Inc (MEX:SHAK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SHAK:USA 0L5R:UK 9SH:Germany

Address

225 Varick Street, Suite 301, New York, NY, USA, 10014

Website

https://www.shakeshack.com

Shake Shack Inc is a roadside burger stand. It is serving a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water.