Shake Fixed Asset Turnover from 2010 to 2024

SHAK Stock  USD 133.73  1.38  1.04%   
Shake Shack Fixed Asset Turnover yearly trend continues to be quite stable with very little volatility. Fixed Asset Turnover may rise above 1.74 this year. From the period between 2010 and 2024, Shake Shack, Fixed Asset Turnover regression line of its data series had standard deviation of  0.44 and standard deviation of  0.44. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.69029148
Current Value
1.74
Quarterly Volatility
0.44271965
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shake Shack financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shake Shack's main balance sheet or income statement drivers, such as Depreciation And Amortization of 97.7 M, Interest Expense of 1 M or Selling General Administrative of 92.2 M, as well as many indicators such as Price To Sales Ratio of 2.36, Dividend Yield of 0.0403 or PTB Ratio of 42.96. Shake financial statements analysis is a perfect complement when working with Shake Shack Valuation or Volatility modules.
  
Check out the analysis of Shake Shack Correlation against competitors.
For more information on how to buy Shake Stock please use our How to buy in Shake Stock guide.

Latest Shake Shack's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Shake Shack over the last few years. It is Shake Shack's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shake Shack's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Very volatile
   Fixed Asset Turnover   
       Timeline  

Shake Fixed Asset Turnover Regression Statistics

Arithmetic Mean1.35
Geometric Mean1.30
Coefficient Of Variation32.71
Mean Deviation0.37
Median1.17
Standard Deviation0.44
Sample Variance0.20
Range1.2658
R-Value(0.06)
Mean Square Error0.21
R-Squared0
Significance0.84
Slope(0.01)
Total Sum of Squares2.74

Shake Fixed Asset Turnover History

2024 1.74
2019 1.17
2014 1.69
2013 2.17
2012 2.27

About Shake Shack Financial Statements

Shake Shack investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how Shake Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.69  1.74 

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When determining whether Shake Shack is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shake Shack Stock. Highlighted below are key reports to facilitate an investment decision about Shake Shack Stock:
Check out the analysis of Shake Shack Correlation against competitors.
For more information on how to buy Shake Stock please use our How to buy in Shake Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shake Shack. If investors know Shake will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shake Shack listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.397
Earnings Share
0.2
Revenue Per Share
30.494
Quarterly Revenue Growth
0.147
Return On Assets
0.0102
The market value of Shake Shack is measured differently than its book value, which is the value of Shake that is recorded on the company's balance sheet. Investors also form their own opinion of Shake Shack's value that differs from its market value or its book value, called intrinsic value, which is Shake Shack's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shake Shack's market value can be influenced by many factors that don't directly affect Shake Shack's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shake Shack's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shake Shack is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shake Shack's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.