First Watch Restaurant Group, Inc. financial data

Symbol
FWRG on Nasdaq
Industry
Retail-Eating Places
Location
8725 Pendery Place, Suite 201, Bradenton, Florida
State of incorporation
Delaware
Fiscal year end
December 29
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 63.1 % -12.7%
Quick Ratio 4.6 % -1.08%
Debt-to-equity 120 % +9.12%
Return On Equity 8.21 % +126%
Return On Assets 3.74 % +116%
Operating Margin 4.14 % +30.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 59.9 M shares +0.92%
Common Stock, Shares, Outstanding 60.4 M shares +1.84%
Entity Public Float 390 M USD +139%
Common Stock, Value, Issued 604 K USD +1.86%
Weighted Average Number of Shares Outstanding, Basic 60 M shares +1.3%
Weighted Average Number of Shares Outstanding, Diluted 62.5 M shares +3.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 923 M USD +20.1%
General and Administrative Expense 108 M USD +22.7%
Costs and Expenses 884 M USD +18.9%
Operating Income (Loss) 38.2 M USD +56.1%
Nonoperating Income (Expense) 2.7 M USD +118%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 32.2 M USD +64.2%
Income Tax Expense (Benefit) 8.93 M USD +12.1%
Net Income (Loss) Attributable to Parent 46 M USD +142%
Earnings Per Share, Basic 0.39 USD/shares +95%
Earnings Per Share, Diluted 0.38 USD/shares +111%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 43.2 M USD -20.5%
Accounts Receivable, after Allowance for Credit Loss, Current 4.13 M USD +7.89%
Inventory, Net 5.2 M USD +18%
Other Assets, Current 1.01 M USD +72.1%
Assets, Current 63.4 M USD -9.58%
Operating Lease, Right-of-Use Asset 423 M USD +18.9%
Intangible Assets, Net (Excluding Goodwill) 151 M USD +5.62%
Goodwill 361 M USD +4.57%
Other Assets, Noncurrent 4.22 M USD +235%
Assets 1.28 B USD +14.7%
Accounts Payable, Current 5.68 M USD +8.77%
Employee-related Liabilities, Current 20.6 M USD +81.5%
Accrued Liabilities, Current 32.5 M USD +30.5%
Contract with Customer, Liability, Current 3.34 M USD +3.6%
Liabilities, Current 106 M USD +16.2%
Long-term Debt and Lease Obligation 123 M USD +31.4%
Deferred Income Tax Liabilities, Net 27.9 M USD +30.4%
Operating Lease, Liability, Noncurrent 444 M USD +19.9%
Other Liabilities, Noncurrent 3.01 M USD -8.76%
Liabilities 705 M USD +21.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax 262 K USD
Retained Earnings (Accumulated Deficit) -65.5 M USD +26.2%
Stockholders' Equity Attributable to Parent 574 M USD +7.46%
Liabilities and Equity 1.28 B USD +14.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 25 M USD +18.2%
Net Cash Provided by (Used in) Financing Activities 562 K USD
Net Cash Provided by (Used in) Investing Activities -32 M USD -122%
Common Stock, Shares Authorized 300 M shares 0%
Common Stock, Shares, Issued 60.4 M shares +1.84%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -6.46 M USD -236%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 43.5 M USD -20.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.77 M USD +67.3%
Deferred Tax Assets, Valuation Allowance 48.1 M USD +15.2%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability 486 M USD +18.1%
Depreciation 39.7 M USD +19.2%
Payments to Acquire Property, Plant, and Equipment 28.6 M USD +96.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 47.1 M USD +147%
Lessee, Operating Lease, Liability, to be Paid 846 M USD +13.4%
Operating Lease, Liability, Current 41.3 M USD +2.08%
Lessee, Operating Lease, Liability, to be Paid, Year Two 61.4 M USD +20.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 60.6 M USD +24.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) 2.26 M USD -46.6%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 360 M USD +7.59%
Lessee, Operating Lease, Liability, to be Paid, Year Three 60.8 M USD +20%
Deferred Tax Assets, Operating Loss Carryforwards 23 M USD -25.1%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 8.9 M USD +95%
Current Income Tax Expense (Benefit) 2.38 M USD +136%
Preferred Stock, Shares Authorized 10 M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 60.3 M USD +20.6%
Operating Lease, Payments 14.1 M USD +43.9%
Additional Paid in Capital 639 M USD +2.63%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 2.16 M USD +114%
Current Federal Tax Expense (Benefit) 217 K USD
Amortization of Intangible Assets 1.5 M USD +50%
Deferred Tax Assets, Net of Valuation Allowance 158 M USD +12.1%
Share-based Payment Arrangement, Expense 8 M USD -16.7%
Interest Expense 8.76 M USD +42.8%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%