The Cheesecake Factory (CAKE) — Tangible Net Worth Ratio
The Cheesecake Factory (CAKE) has a Tangible Net Worth Ratio of 42.3% as of December 2025. This metric is calculated by deducting intangible assets ($251.81 Million) from net assets ($436.43 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See The Cheesecake Factory (CAKE) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
The Cheesecake Factory Tangible Net Worth Ratio (1992–2025)
This chart shows how The Cheesecake Factory's Tangible Net Worth Ratio has changed across 67 annual periods from 1992 to 2025. As of December 2025, the ratio stands at 42.3%, reflecting net assets of $436.43 Million with intangible assets of $251.81 Million USD. See The Cheesecake Factory (CAKE) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for The Cheesecake Factory (1992–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for The Cheesecake Factory from 1992 to 2025, covering 67 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of The Cheesecake Factory.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 42.3% | $436.43 Million | $251.81 Million | $3.26 Billion | ▼ -0.9 pp |
| 2025 | 43.2% | $443.45 Million | $251.79 Million | $3.04 Billion | ▼ -0.3 pp |
| 2024 | 43.5% | $443.45 Million | $250.34 Million | $3.04 Billion | ▲ +22.2 pp |
| 2024 | 21.3% | $318.06 Million | $250.28 Million | $2.84 Billion | ▲ +0.0 pp |
| 2023 | 21.3% | $318.06 Million | $250.28 Million | $2.84 Billion | ▲ +7.0 pp |
| 2023 | 14.4% | $292.00 Million | $250.07 Million | $2.78 Billion | ▲ +0.0 pp |
| 2022 | 14.4% | $292.00 Million | $250.07 Million | $2.78 Billion | ▼ -9.8 pp |
| 2022 | 24.2% | $330.17 Million | $250.25 Million | $2.80 Billion | ▲ +0.0 pp |
| 2021 | 24.2% | $330.17 Million | $250.25 Million | $2.80 Billion | ▼ -26.1 pp |
| 2021 | 50.3% | $506.94 Million | $251.71 Million | $2.75 Billion | ▲ +0.0 pp |
| 2020 | 50.3% | $506.94 Million | $251.71 Million | $2.75 Billion | ▲ +13.1 pp |
| 2020 | 37.2% | $571.74 Million | $358.85 Million | $2.84 Billion | ▲ +0.0 pp |
| 2019 | 37.2% | $571.74 Million | $358.85 Million | $2.84 Billion | ▼ -58.2 pp |
| 2019 | 95.4% | $571.06 Million | $26.21 Million | $1.31 Billion | ▲ +0.0 pp |
| 2018 | 95.4% | $571.06 Million | $26.21 Million | $1.31 Billion | ▼ -0.7 pp |
| 2018 | 96.1% | $613.53 Million | $24.07 Million | $1.33 Billion | ▲ +0.0 pp |
| 2017 | 96.1% | $613.53 Million | $24.07 Million | $1.33 Billion | ▼ -0.1 pp |
| 2017 | 96.2% | $603.21 Million | $23.05 Million | $1.29 Billion | ▲ +0.0 pp |
| 2016 | 96.2% | $603.21 Million | $23.05 Million | $1.29 Billion | ▼ -0.1 pp |
| 2016 | 96.3% | $588.54 Million | $21.97 Million | $1.23 Billion | ▲ +0.0 pp |
| 2015 | 96.3% | $588.54 Million | $21.97 Million | $1.23 Billion | ▲ +0.0 pp |
| 2015 | 96.3% | $556.51 Million | $20.78 Million | $1.18 Billion | ▲ +0.0 pp |
| 2014 | 96.3% | $556.51 Million | $20.78 Million | $1.18 Billion | ▼ -0.5 pp |
| 2014 | 96.8% | $577.35 Million | $18.65 Million | $1.12 Billion | ▲ +0.0 pp |
| 2013 | 96.8% | $577.35 Million | $18.65 Million | $1.12 Billion | ▼ -0.2 pp |
| 2013 | 96.9% | $579.73 Million | $17.83 Million | $1.09 Billion | ▲ +0.0 pp |
| 2012 | 96.9% | $579.73 Million | $17.83 Million | $1.09 Billion | ▼ -0.4 pp |
| 2012 | 97.3% | $542.75 Million | $14.67 Million | $1.02 Billion | ▲ +0.0 pp |
| 2011 | 97.3% | $542.75 Million | $14.67 Million | $1.02 Billion | ▼ -1.9 pp |
| 2011 | 99.2% | $592.34 Million | $4.50 Million | $1.03 Billion | ▲ +7.2 pp |
| 2010 | 92.0% | $592.34 Million | $47.32 Million | $1.03 Billion | ▼ -7.1 pp |
| 2010 | 99.2% | $516.11 Million | $4.34 Million | $1.05 Billion | ▲ +0.0 pp |
| 2009 | 99.2% | $516.11 Million | $4.34 Million | $1.05 Billion | ▲ +0.1 pp |
| 2009 | 99.1% | $452.57 Million | $4.18 Million | $1.14 Billion | ▲ +0.0 pp |
| 2008 | 99.1% | $452.57 Million | $4.18 Million | $1.14 Billion | ▼ -0.3 pp |
| 2008 | 99.4% | $562.93 Million | $3.49 Million | $1.15 Billion | ▲ +0.0 pp |
| 2007 | 99.4% | $562.93 Million | $3.49 Million | $1.15 Billion | ▼ -0.2 pp |
| 2007 | 99.6% | $711.54 Million | $3.12 Million | $1.04 Billion | ▲ +0.0 pp |
| 2006 | 99.6% | $711.54 Million | $3.12 Million | $1.04 Billion | ▼ 0.0 pp |
| 2006 | 99.6% | $647.70 Million | $2.73 Million | $925.92 Million | ▲ +0.0 pp |
| 2005 | 99.6% | $647.70 Million | $2.73 Million | $925.92 Million | ▲ +0.0 pp |
| 2005 | 99.6% | $542.85 Million | $2.33 Million | $758.72 Million | ▲ +0.0 pp |
| 2004 | 99.6% | $542.85 Million | $2.33 Million | $758.72 Million | ▲ +0.0 pp |
| 2004 | 99.6% | $457.90 Million | $2.05 Million | $584.81 Million | ▲ +0.0 pp |
| 2003 | 99.6% | $457.90 Million | $2.05 Million | $584.81 Million | ▲ +0.1 pp |
| 2003 | 99.5% | $379.56 Million | $1.94 Million | $463.84 Million | ▲ +0.0 pp |
| 2002 | 99.5% | $379.56 Million | $1.94 Million | $463.84 Million | ▲ +0.2 pp |
| 2002 | 99.3% | $289.47 Million | $1.97 Million | $356.93 Million | ▲ +0.0 pp |
| 2001 | 99.3% | $289.47 Million | $1.97 Million | $356.93 Million | ▲ +0.1 pp |
| 2001 | 99.2% | $240.84 Million | $1.91 Million | $288.39 Million | ▲ +0.0 pp |
| 2000 | 99.2% | $240.84 Million | $1.91 Million | $288.39 Million | ▲ +0.2 pp |
| 2000 | 99.0% | $185.60 Million | $1.80 Million | $221.80 Million | ▲ +0.0 pp |
| 1999 | 99.0% | $185.60 Million | $1.80 Million | $221.80 Million | ▲ +0.0 pp |
| 1999 | 99.0% | $160.29 Million | $1.61 Million | $185.42 Million | ▲ +0.0 pp |
| 1998 | 99.0% | $160.29 Million | $1.61 Million | $185.42 Million | ▼ -0.2 pp |
| 1998 | 99.2% | $152.54 Million | $1.26 Million | $179.94 Million | ▲ +0.0 pp |
| 1997 | 99.2% | $152.54 Million | $1.26 Million | $179.94 Million | ▼ -0.8 pp |
| 1997 | 100.0% | $83.51 Million | $0.00 | $108.16 Million | ▲ +5.8 pp |
| 1996 | 94.2% | $83.51 Million | $4.88 Million | $108.16 Million | ▼ -5.8 pp |
| 1996 | 100.0% | $76.20 Million | $0.00 | $91.80 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $76.20 Million | $0.00 | $91.80 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $64.30 Million | $0.00 | $73.20 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $64.30 Million | $0.00 | $73.20 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $28.50 Million | $0.00 | $34.10 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $28.50 Million | $0.00 | $34.10 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $23.10 Million | $0.00 | $27.50 Million | ▲ +0.0 pp |
| 1992 | 100.0% | $23.10 Million | $0.00 | $27.50 Million | — |