Shake Shack (SHAK) Short-term Investments (2015 - 2024)
Shake Shack (SHAK) posted quarterly Short-term Investments of $2.6 million for Q2 2024, down 97.19% year-over-year from $91.5 million in Q2 2023, and down 89.52% quarter-over-quarter from $24.6 million in Q1 2024.
Analysis
Shake Shack (SHAK) Short-term Investments (2015 - 2024) Analysis & Trends
Shake Shack (SHAK) has reported Short-term Investments for 10 consecutive years, with $2.6 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Short-term Investments fell 97.19% year-over-year to $2.6 million; the TTM figure through Jun 2024 stood at $2.6 million (down 97.19% YoY), while the FY2023 annual figure was $68.6 million, down 15.05% from the prior year.
- Short-term Investments eased to $2.6 million in Q2 2024 per SHAK's latest filing, from $24.6 million in the prior quarter.
- Across five years, Short-term Investments topped out at $95.0 million in Q3 2023 and bottomed at $2.6 million in Q2 2024.
- Historically, Short-term Investments has averaged $57.1 million across 5 years, with a median of $79.6 million in 2022.
- Annual changes were most pronounced in 2021 — Short-term Investments surged 375.88% — and 2024, when it slumped 97.19%.
- Shake Shack's Short-term Investments stood at $36.9 million in 2020, then soared by 116.88% to $80.0 million in 2021, then climbed by 0.88% to $80.7 million in 2022, then dropped by 15.05% to $68.6 million in 2023, then slumped by 96.25% to $2.6 million in 2024.
- Business Quant data shows SHAK's Short-term Investments at $2.6 million in Q2 2024, $24.6 million in Q1 2024, and $68.6 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Mcdonalds | 181.46 Bn | 180.64 Bn | 6.42 Bn |
| 2 | Starbucks | 119.15 Bn | 115.53 Bn | 6.49 Bn |
| 3 | Chipotle Mexican Grill | 47.22 Bn | 46.55 Bn | 2.35 Bn |
| 4 | Yum Brands | 41.34 Bn | 40.66 Bn | 1.47 Bn |
| 5 | Restaurant Brands International | 27.92 Bn | 26.86 Bn | 1.89 Bn |
| 6 | Darden Restaurants | 25.01 Bn | 24.79 Bn | 3.68 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn |
| 8 | Yum China Holdings | 15.19 Bn | 13.80 Bn | 2.22 Bn |
| 9 | Texas Roadhouse | 12.42 Bn | 12.22 Bn | 1.44 Bn |
| 10 | Shake Shack | 2.79 Bn | 2.48 Bn | 354.50 Mn |
Historic Data
Download Data
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 |