Shake Accounts Payable vs Common Stock Shares Outstanding Analysis

SHAK Stock  USD 102.77  0.69  0.68%   
Shake Shack financial indicator trend analysis is much more than just breaking down Shake Shack prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shake Shack is a good investment. Please check the relationship between Shake Shack Accounts Payable and its Common Stock Shares Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shake Shack. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Shake Stock please use our How to buy in Shake Stock guide.

Accounts Payable vs Common Stock Shares Outstanding

Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shake Shack Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shake Shack's Accounts Payable and Common Stock Shares Outstanding is 0.95. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Shake Shack, assuming nothing else is changed. The correlation between historical values of Shake Shack's Accounts Payable and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Shake Shack are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., Shake Shack's Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Shake Shack obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Shake Shack are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Shake Shack's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shake Shack current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shake Shack. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Shake Stock please use our How to buy in Shake Stock guide.At this time, Shake Shack's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 15.7 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.23.
 2021 2022 2023 2024 (projected)
Gross Profit306.5M381.5M88.1M83.7M
Total Revenue739.9M900.5M1.1B1.1B

Shake Shack fundamental ratios Correlations

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0.810.570.660.880.670.040.530.790.540.830.750.990.540.820.910.730.640.40.80.730.610.650.720.550.68
0.910.980.990.870.670.230.980.880.890.910.910.740.920.880.850.980.980.560.890.990.990.930.940.970.9
0.190.190.350.120.040.230.270.320.190.190.320.050.180.240.270.190.230.220.160.210.220.180.230.250.2
0.850.990.970.770.530.980.270.80.880.840.860.620.920.820.750.950.960.550.810.960.980.90.860.990.83
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0.970.830.880.950.820.880.240.820.930.790.970.930.880.790.960.90.860.580.960.90.860.860.840.830.89
0.950.760.850.970.910.850.270.750.950.720.960.920.940.720.960.870.810.540.950.870.80.810.870.760.85
0.930.960.970.890.730.980.190.950.880.920.920.910.80.940.90.870.970.60.91.00.980.960.910.970.87
0.870.970.980.830.640.980.230.960.840.90.860.850.70.930.860.810.970.50.850.980.990.940.910.970.86
0.630.510.510.60.40.560.220.550.540.670.590.560.480.560.580.540.60.50.610.590.530.650.410.60.55
0.980.830.870.980.80.890.160.810.970.830.980.940.870.830.960.950.90.850.610.90.850.880.90.840.9
0.930.970.980.890.730.990.210.960.880.920.920.910.80.940.90.871.00.980.590.90.980.960.920.970.87
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0.890.90.910.850.650.930.180.90.830.980.860.840.720.970.860.810.960.940.650.880.960.940.850.950.8
0.880.880.930.890.720.940.230.860.930.80.890.870.770.840.840.870.910.910.410.90.920.90.850.870.9
0.870.990.960.790.550.970.250.990.820.940.850.870.640.960.830.760.970.970.60.840.970.990.950.870.83
0.860.840.890.880.680.90.20.830.890.740.870.840.740.760.890.850.870.860.550.90.870.850.80.90.83
Click cells to compare fundamentals

Shake Shack Account Relationship Matchups

Shake Shack fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets968.3M1.1B1.5B1.5B1.6B811.5M
Other Current Liab51.0M45.9M60.0M82.8M90.2M94.7M
Total Current Liabilities99.4M109.7M121.5M147.7M164.1M172.3M
Total Stockholder Equity322.0M407.3M435.6M395.1M443.1M269.6M
Other Liab238.3M253.8M252.5M251.7M289.4M199.0M
Property Plant And Equipment Net589.3M642.9M736.7M834.5M929.6M976.1M
Current Deferred Revenue2.3M2.6M3.3M2.3M2.6M2.5M
Net Debt303.3M238.1M383.8M483.5M534.8M561.6M
Accounts Payable14.3M23.5M19.9M20.4M22.3M13.3M
Cash37.1M146.9M302.4M230.5M224.7M235.9M
Non Current Assets Total880.6M942.2M1.0B1.2B1.3B648.6M
Non Currrent Assets Other11.5M12.3M12.6M15.8M15.9M8.8M
Other Assets289.9M297.9M309.8M314.5M361.7M218.1M
Cash And Short Term Investments37.1M183.8M302.4M311.2M293.2M307.9M
Net Receivables10.0M9.5M13.7M13.9M16.8M8.9M
Common Stock Shares Outstanding32.3M37.1M39.1M39.2M43.9M27.3M
Liabilities And Stockholders Equity968.3M1.1B1.5B1.5B1.6B811.5M
Non Current Liabilities Total546.9M601.2M900.5M927.4M972.7M1.0B
Inventory2.2M2.9M3.9M4.2M5.4M5.7M
Other Current Assets38.4M7.1M89.8M14.7M19.0M16.6M
Other Stockholder Equity267.6M395.1M432.0M415.6M426.6M242.6M
Total Liab646.3M710.9M1.0B1.1B1.1B1.2B
Property Plant And Equipment Gross589.3M642.9M959.4M1.1B1.3B1.4B
Total Current Assets87.7M203.2M409.7M344.0M334.4M351.2M
Accumulated Other Comprehensive Income(85.4M)2K3K1K(3K)(3.2K)
Property Plant Equipment314.9M642.9M389.4M467.0M537.1M563.9M
Short Long Term Debt Total340.4M385.0M686.2M714.1M759.5M797.4M
Net Tangible Assets298.8M405.9M409.5M395.1M454.4M265.1M
Retained Earnings54.4M12.2M3.6M(20.5M)16.4M11.0M
Short Term Investments36.5M36.9M80M80.7M68.6M53.9M
Short Term Debt31.9M37.7M38.2M42.2M49.0M34.9M
Noncontrolling Interest In Consolidated Entity47.4M23.2M26.1M24.6M22.2M25.8M
Retained Earnings Total Equity30.4M54.4M3.6M(20.5M)(18.5M)(17.6M)

Currently Active Assets on Macroaxis

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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shake Shack. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Shake Stock please use our How to buy in Shake Stock guide.
Note that the Shake Shack information on this page should be used as a complementary analysis to other Shake Shack's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Shake Shack's price analysis, check to measure Shake Shack's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shake Shack is operating at the current time. Most of Shake Shack's value examination focuses on studying past and present price action to predict the probability of Shake Shack's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shake Shack's price. Additionally, you may evaluate how the addition of Shake Shack to your portfolios can decrease your overall portfolio volatility.
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Is Shake Shack's industry 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
0.824
Earnings Share
0.57
Revenue Per Share
28.5
Quarterly Revenue Growth
0.147
Return On Assets
0.0057
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.