Shake Shack Files 2024 10-K: Financials Revealed
Ticker: SHAK · Form: 10-K · Filed: Feb 21, 2025 · CIK: 1620533
| Field | Detail |
|---|---|
| Company | Shake Shack Inc. (SHAK) |
| Form Type | 10-K |
| Filed Date | Feb 21, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, 10-K, assets, liabilities
TL;DR
Shake Shack's 2024 10-K is in: Assets ~$2.46B, Liabilities ~$2.83B. Check financials.
AI Summary
Shake Shack Inc. filed its 2024 10-K on February 21, 2025, reporting its fiscal year ended December 25, 2024. The filing details the company's financial performance and operational status. Key financial figures include total assets of approximately $2.46 billion and total liabilities of around $2.83 billion for the fiscal year 2024.
Why It Matters
This 10-K filing provides investors and the public with a comprehensive overview of Shake Shack's financial health and operational performance for the fiscal year 2024, crucial for understanding the company's current standing and future prospects.
Risk Assessment
Risk Level: medium — The filing indicates a higher level of liabilities compared to assets, which could suggest financial leverage or operational costs that warrant closer examination.
Key Numbers
- $2.46B — Total Assets (Represents the company's total assets as of the end of fiscal year 2024.)
- $2.83B — Total Liabilities (Represents the company's total liabilities as of the end of fiscal year 2024.)
- 10,000,000 — Common Stock Shares Outstanding (Indicates the number of common stock shares outstanding.)
- 200,000,000 — Common Stock Par Value (Indicates the par value of common stock.)
Key Players & Entities
- Shake Shack Inc. (company) — Filer of the 10-K report
- 2024-12-25 (date) — Fiscal year end date
- 2025-02-21 (date) — Filing date of the 10-K
- $2.46 billion (dollar_amount) — Total assets for fiscal year 2024
- $2.83 billion (dollar_amount) — Total liabilities for fiscal year 2024
FAQ
What were Shake Shack's total revenues for the fiscal year ended December 25, 2024?
The provided snippet does not contain specific revenue figures for the fiscal year ended December 25, 2024. It focuses on asset and liability figures.
What is the company's net income or loss for the fiscal year 2024?
The provided snippet does not include information on net income or loss for the fiscal year 2024.
How has Shake Shack's total liabilities changed from the previous fiscal year?
The filing shows total liabilities of $2,834,513 for 2024 and $2,869,513 for the prior period (likely 2023), indicating a slight decrease.
What are the main components of Shake Shack's 'Other Liabilities'?
The filing references 'OtherLiabilitiesCurrent' and 'OtherLiabilitiesNoncurrent' from FASB, but the specific breakdown of these liabilities is not detailed in the provided snippet.
What is the significance of the 'renewal_option' tag in the filing?
The 'renewal_option' tag likely refers to terms within leases or contracts that allow Shake Shack to extend their duration, which is a common aspect of real estate and operational agreements for restaurant chains.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 21, 2025 regarding Shake Shack Inc. (SHAK).