Shake Shack (SHAK) Short-term Investments (2015 - 2024)
Shake Shack's (SHAK) quarterly Short-term Investments came in at $2.6 million in Q2 2024, down 97.19% year-on-year from $91.5 million in Q2 2023, and down 89.52% on a QoQ basis from $24.6 million in Q1 2024.
Shake Shack (SHAK) Short-term Investments (2015 - 2024) Analysis & Trends
Shake Shack (SHAK) has 10 years of Short-term Investments data on file, last reported at $2.6 million in Q2 2024.
- On a quarterly basis, Short-term Investments fell 97.19% year-over-year to $2.6 million in Q2 2024; TTM through Jun 2024 was $2.6 million, a 97.19% decrease from a year earlier, with the FY2023 full-year figure at $68.6 million, down 15.05% from the prior year.
- Short-term Investments for Q2 2024 stood at $2.6 million, down from $24.6 million in the prior quarter.
- Over the last five years, Short-term Investments for SHAK reached as high as $95.0 million in Q3 2023 and fell as low as $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.
- Across the five-year window, Short-term Investments soared 375.88% in 2021 and plunged 97.19% in 2024, its largest moves.
- Year by year, Short-term Investments stood at $36.9 million in 2020, then surged by 116.88% to $80.0 million in 2021, then increased by 0.88% to $80.7 million in 2022, then fell by 15.05% to $68.6 million in 2023, then slumped by 96.25% to $2.6 million in 2024.
- Per Business Quant data, the three most recent Short-term Investments figures were $2.6 million in Q2 2024, $24.6 million in Q1 2024, and $68.6 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn |
| 10 | Shake Shack | 2.26 Bn | 1.97 Bn | 309.23 Mn |
Historic Data
Download 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 |