The Cheesecake Factory has become a very well restaurant that has a variety of foods. The successfulness of the restaurant is wonderful. This is an insight to The Cheesecake Factory’s financial statements.
Table of Contents
Introduction pg 1
Ratio Analysis pg 1
Ratio Analysis for 3 restaurants pg 2
Vertical Analysis pg3
Vertical/Common Size Analysis pg3
Major Elements of Cash Flow pg4
Cash Flow Comparison for 3 restaurants pg4
Comparison of Net Income pg 4
Comparison of Net Cash Flow from Operating Activities pg 5
Comparison of Net Cash Flow from Investing Activities pg 5
Comparison of Net Cash Flow from Financing Activities pg 5
Comparison of Net Change in Cash pg 6
Comparison of Free Cash Flow pg 6
Horizontal Analysis pg 6
Horizontal Analysis for 3 restaurants pg 7
Reference pg 8
The Cheesecake Factory was started by Evelyn Overton. Evelyn was always baking cheesecakes and lead to the opening of her first cheesecake shop in Detroit. Over the years the Cheesecake factory has become so popular that its expansion is continuous. There are currently 150 Cheesecake locations in the United States. However, the expansion does not stop there; there are also many Cheesecake Factory locations outside the United States. Cheesecake Factory currently has 31 million common shares of stock outstanding with a market value that varies around $27-$34 per share. Being that the Cheesecake Factory’s success is very outstanding, sales have gone up by a significant amount. The restaurant’s annual net income has also gone up, the profit margin is in good shape, and has a great turnout for those who are shareholders of the company.
References: BF Chang. (2010). Retrieved Dec. 3, 2011, from http://phx.corporate-ir.net/phoenix.zhtml?c=62237&p=irol-sec California Pizza Kitchen. (2010). Retrieved Dec. 3, 2011, from http://www.faqs.org/sec-filings/100319/CALIFORNIA-PIZZA-KITCHEN-INC_10-K/ The Cheesecake Factory. (2010). Retrieved Dec. 2, 2011, from http://investors.thecheesecakefactory.com/phoenix.zhtml?c=109258&p=irol-reportsAnnual