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Cava Group (Cava Group) Debt-to-Asset : 0.34 (As of Dec. 2023)


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What is Cava Group Debt-to-Asset?

Cava Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $32.6 Mil. Cava Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $303.6 Mil. Cava Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $983.8 Mil. Cava Group's debt to asset for the quarter that ended in Dec. 2023 was 0.34.

Cava Group Debt-to-Asset Historical Data

The historical data trend for Cava Group's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cava Group Debt-to-Asset Chart

Cava Group Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Asset
0.04 0.54 0.34

Cava Group Quarterly Data
Sep21 Dec21 Apr22 Sep22 Dec22 Apr23 Sep23 Dec23
Debt-to-Asset Get a 7-Day Free Trial 0.52 0.54 0.53 0.35 0.34

Competitive Comparison of Cava Group's Debt-to-Asset

For the Restaurants subindustry, Cava Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cava Group's Debt-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Cava Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Cava Group's Debt-to-Asset falls into.


Cava Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Cava Group's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(32.583 + 303.615) / 983.757
=0.34

Cava Group's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(32.583 + 303.615) / 983.757
=0.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cava Group  (NYSE:CAVA) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Cava Group Debt-to-Asset Related Terms

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Cava Group (Cava Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Cava Group Inc (NYSE:CAVA) » Definitions » Debt-to-Asset
Comparable Companies
WEN SHAK PZZA BLMN ARCO BROS CAKE EAT CBRL WING MCD SBUX CMG LSE:CPG YUM TSX:QSP.UN TSX:QSR YUMC DRI HKSE:06862
Traded in Other Exchanges
N/A
Address
14 Ridge Square NW, Suite 500,, Washington, DC, USA, 20016
Website
https://www.cava.com
Cava Group Inc owns and operates a chain of restaurants. It is the category-defining Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying flavors at scale. The company's operations are conducted as two reportable segments: CAVA and Zoes Kitchen.
Executives
Philippe Amouyal director C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Jennifer Somers officer: Chief Operations Officer C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Kenneth Robert Bertram officer: CLO & Secretary 3404 CHOCO CHASE, MECHNICSBURG NY 17055
Tricia K. Tolivar officer: Chief Financial Officer C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Todd Klein director C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Theodoros Xenohristos director C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Swan Hospitality 4 Llc 10 percent owner 108 LOUDOUN STREET SW, LEESBURG VA 20175
Act Iii Holdings Llc 10 percent owner 23 PRESCOTT STREET, BROOKLINE MA 02446
Adam David Phillips officer: Chief Accounting Officer C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Benjamin Felt director C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
David Bosserman director C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Brett Schulman director, 10 percent owner, officer: CEO and President C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Cava Act Iii Trust, Llc 10 percent owner 23 PRESCOTT STREET, BROOKLINE MA 02446
Cava Act Iii, Llc 10 percent owner 23 PRESCOTT STREET, BROOKLINE MA 02446
Todd D Klein director 1717 RHODE ISLAND AVENUE, N.W., 10TH FLOOR, WASHINGTON DC 20036