CAKEThe Cheesecake Factory Incorporated

$115.34

Is it safe?

Can CAKE take a bad year?

The Cheesecake Factory Incorporated carries $368M of net debt at 1.16× EBITDA: a load its earnings can carry.

$368M

Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
1.16×

Net debt / EBITDA · 1.59× a year ago · the load is coming down

Altman Z-score
2.66

Altman Z-score · grey zone, between 1.8 and 3

Debt / equity
1.08×

Debt / equity

Details
Total debtQ2 2026
$563M
Cash and short-term investments
$195M
Net debt
$368M
EBITDA, trailing twelve months
$317M
Operating profit, trailing twelve months
$204M
Debt / equity
1.08×
Total debt / EBITDA
1.77×
Annualised volatilitytwo years of daily moves
38%
Worst drawdown on file
−76%
Below its 52-week high
−1.7%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.