CAVA GROUP, INC.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $39.1m $332.4m $366.1m $282.9m
Prepaid Expense and Other Assets, Current $6.2m $5.0m $7.4m $10.0m
Cash and cash equivalents $39.1m $332.4m $366.1m $282.9m
Trade accounts receivable, net $2.8m $3.7m $4.8m $6.3m
Other accounts receivable $4.9m $8.2m $8.2m $12.7m
Prepaid expenses and other $6.2m $5.0m $7.4m $10.0m
Accounts Receivable $2.8m $3.7m $4.8m $6.3m
Allowance For Doubtful Accounts Receivable ($100k) ($100k) ($100k)
Cash Cash Equivalents And Short Term Investments $39.1m $332.4m $366.1m $393.0m
Gross Accounts Receivable $3.8m $4.9m $6.4m
Other Current Assets $6.2m $5.0m $7.4m $10.0m
Other Receivables $4.9m $8.2m $8.2m $12.7m
Other Short Term Investments $0 $110.1m
Prepaid Assets $4.4m $6.2m
Inventory, Net $5.1m $5.6m $7.6m $9.0m
Assets, Current $58.1m $354.9m $394.2m $431.1m
Total current assets $58.1m $354.9m $394.2m $431.1m
Property, Plant and Equipment, Net $243.0m $330.7m $372.9m $457.5m
Goodwill $1.9m $1.9m $1.9m $1.9m
Intangible Assets, Net (Excluding Goodwill) $1.4m $1.4m $1.4m $1.8m
Intangible assets, net $1.4m $1.4m $1.4m $1.8m
Goodwill And Other Intangible Assets $3.3m $3.3m $3.3m $3.7m
Other Intangible Assets $1.4m $1.4m $1.4m $1.8m
Operating Lease, Right-of-Use Asset $273.9m $289.5m $321.8m $389.4m
Other Assets, Noncurrent $5.5m $5.4m $5.9m $12.9m
Other long-term assets $5.5m $5.4m $5.9m $12.9m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $2.8m $3.7m $4.8m $6.3m
Investments at fair value (amortized cost of $109,951) $0 $110.1m
Operating lease assets $273.9m $289.5m $321.8m $389.4m
Deferred income taxes $28k $79k $0 $65.4m
Operating lease liabilities, current $29.5m $32.6m $37.2m $48.5m
Operating lease liabilities $285.2m $303.6m $341.5m $417.7m
Accumulated Depreciation ($113.4m) ($142.0m) ($194.8m) ($253.2m)
Buildings And Improvements $0 $0 $24.0m $24.0m
Capital Lease Obligations $314.7m $336.2m $378.7m $466.2m
Construction In Progress $36.3m $58.5m $27.7m $42.2m
Current Accrued Expenses $38.1m $55.4m $65.8m $72.1m
Current Capital Lease Obligation $29.5m $32.6m $37.2m $48.5m
Current Debt And Capital Lease Obligation $29.5m $32.6m $37.2m $48.5m
Gross PPE $630.3m $762.2m $889.6m $1.1b
Invested Capital ($448.5m) $570.8m $695.6m $779.7m
Land And Improvements $600k $600k $600k $600k
Leases $206.8m $268.2m $332.3m $425.6m
Long Term Capital Lease Obligation $285.2m $303.6m $341.5m $417.7m
Machinery Furniture Equipment $54.2m $66.1m $75.1m $86.2m
Net PPE $516.9m $620.2m $694.7m $846.9m
Net Tangible Assets ($451.8m) $567.5m $692.3m $775.9m
Non Current Deferred Assets $0 $71.5m $65.4m
Non Current Deferred Liabilities $25.0m $28k $79k $0
Non Current Deferred Taxes Assets $0 $71.5m $65.4m
Ordinary Shares Number $111.4m $113.7m $115.1m $116.1m
Other Non Current Assets $5.5m $5.4m $5.9m $12.9m
Other Non Current Liabilities $868k $538k $225k
Other Properties $332.3m $368.7m $429.8m $521.4m
Preferred Securities Outside Stock Equity $662.3m $662.3m $0
Properties $0 $0 $0 $0
Share Issued $111.4m $114.8m $116.5m $117.6m
Tangible Book Value ($451.8m) $567.5m $692.3m $775.9m
Treasury Shares Number $1.1m $1.4m $1.4m
Working Capital ($26.2m) $245.9m $261.5m $268.4m
Accrued Liabilities, Current $40.5m $59.2m $69.8m $76.6m
Total stockholders’ equity ($448.5m) $570.8m $695.6m $779.7m
Total Capitalization ($448.5m) $570.8m $695.6m $779.7m
Total Debt $314.7m $336.2m $378.7m $466.2m
Total Non Current Assets $525.7m $628.8m $775.5m $929.0m
Total Tax Payable $2.3m $3.8m $4.0m $4.5m
Assets $583.9m $983.8m $1.2b $1.4b
Total assets $583.9m $983.8m $1.2b $1.4b
LIABILITIES AND EQUITY
Total liabilities and stockholders’ equity $583.9m $983.8m $1.2b $1.4b
Current liabilities:
Operating Lease, Liability, Current $29.5m $32.6m $37.2m $48.5m
Accounts Payable, Current $14.3m $17.2m $25.6m $37.5m
Operating Lease, Liability, Noncurrent $285.2m $303.6m $341.5m $417.7m
Accrued expenses and other $40.5m $59.2m $69.8m $76.6m
Payables And Accrued Expenses $54.8m $76.5m $95.4m $114.1m
Liabilities, Current $84.3m $109.0m $132.6m $162.7m
Total current liabilities $84.3m $109.0m $132.6m $162.7m
Deferred Income Tax Liabilities, Net $28k $79k $0
Other Liabilities, Noncurrent $538k $225k $0
Long Term Debt And Capital Lease Obligation $285.2m $303.6m $341.5m $417.7m
Non Current Deferred Taxes Liabilities $23k $28k $79k $0
Deferred Tax Liabilities, Net $28k $79k
Liabilities $370.1m $413.0m $474.1m $580.4m
Total liabilities $370.1m $413.0m $474.1m $580.4m
Stockholders’ equity:
Additional Paid in Capital $19.1m $1.0b $1.0b $1.1b
Retained Earnings (Accumulated Deficit) ($460.9m) ($447.7m) ($317.3m) ($253.6m)
Accumulated Other Comprehensive Income (Loss), Net of Tax $118k
Treasury Stock, Common, Value $6.6m $9.7m $34.4m $34.4m
Common stock, par value $0.0001 per share; 2,500,000 authorized; 116,127 and 115,093 issued and outstanding, respectively $0.00
Treasury stock, at cost; 1,431 shares ($6.6m) ($9.7m) ($34.4m) ($34.4m)
Accumulated deficit ($460.9m) ($447.7m) ($317.3m) ($253.6m)
Accumulated other comprehensive income $0 $118k
Capital Stock $0 $11k $12k $12k
Gains Losses Not Affecting Retained Earnings $0 $118k
Treasury Stock $6.6m $9.7m $34.4m $34.4m
Stockholders' Equity Attributable to Parent ($448.5m) $570.8m $695.6m $779.7m
Total Equity Gross Minority Interest ($448.5m) $570.8m $695.6m $779.7m
Total Non Current Liabilities Net Minority Interest $948.1m $303.9m $341.5m $417.7m
Liabilities and Equity $583.9m $983.8m $1.2b $1.4b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.