Shake Shack (SHAK) Short-term Investments (2015 - 2024)
Shake Shack (SHAK) reported Short-term Investments of $2.57 million for Q2 2024, down 97.2% from $91.54 million a year earlier and down 89.5% from the prior quarter.
Shake Shack (SHAK) Short-term Investments (2015 - 2024) Analysis & Trends
At the end of FY2023, Shake Shack posted Short-term Investments of $68.56 million, down 15.0% from FY2022.
- Short-term Investments has a five-year compound annual growth rate of 2.0% (FY2018 to FY2023).
- By year, Short-term Investments came in at $80.71 million in FY2022 (+0.9%), $80 million in FY2021 (+116.9%), $36.89 million in FY2020 (+1.0%) and $36.51 million in FY2019 (-41.2%).
- The Q2 2024 figure ranks as the lowest quarterly Short-term Investments since Q4 2015.
- Year over year, Short-term Investments gained in three of the last six quarters, with an average decline of 13.0%.
- The high point for year-over-year Short-term Investments in five years was Q2 2021 (growth of 375.9%); the low point was Q2 2024 (a decline of 97.2%).
- Per Business Quant data, the three quarters before Q2 2024 came in at $24.57 million (Q1 2024), $68.56 million (Q4 2023) and $94.96 million (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - |
| 10 | Shake Shack | 2.84 Bn | 1.50 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2024 | 2.57 Mn |
| Mar 27, 2024 | 24.57 Mn |
| Dec 27, 2023 | 68.56 Mn |
| Sep 27, 2023 | 94.96 Mn |
| Jun 28, 2023 | 91.54 Mn |
| Dec 28, 2022 | 80.71 Mn |
| Sep 28, 2022 | 80.02 Mn |
| Jun 29, 2022 | 79.63 Mn |
| Mar 30, 2022 | 79.68 Mn |
| Dec 29, 2021 | 80.00 Mn |
| Sep 29, 2021 | 80.08 Mn |
| Jun 30, 2021 | 80.11 Mn |
| Mar 31, 2021 | 40.91 Mn |
| Dec 30, 2020 | 36.89 Mn |
| Sep 23, 2020 | 16.88 Mn |
| Jun 24, 2020 | 16.83 Mn |
| Mar 25, 2020 | 16.42 Mn |
| Dec 25, 2019 | 36.51 Mn |
| Sep 25, 2019 | 36.34 Mn |
| Jun 26, 2019 | 36.08 Mn |
Shake Shack Short-term Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=short-term-investments&ticker=SHAK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-investments", "ticker": "SHAK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=short-term-investments&ticker=SHAK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();