Ark Restaurants Balance Sheet Health
Financial Health criteria checks 4/6
Ark Restaurants has a total shareholder equity of $52.3M and total debt of $6.7M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are $173.6M and $121.3M respectively. Ark Restaurants's EBIT is $4.6M making its interest coverage ratio 6.8. It has cash and short-term investments of $12.1M.
Key information
12.7%
Debt to equity ratio
US$6.66m
Debt
| Interest coverage ratio | 6.8x |
| Cash | US$12.12m |
| Equity | US$52.28m |
| Total liabilities | US$121.27m |
| Total assets | US$173.55m |
Recent financial health updates
Is Ark Restaurants (NASDAQ:ARKR) A Risky Investment?
Sep 24
We Think Ark Restaurants (NASDAQ:ARKR) Can Stay On Top Of Its Debt
Jun 03Is Ark Restaurants (NASDAQ:ARKR) Using Debt Sensibly?
Jan 17
Recent updates
Ark Restaurants (NASDAQ:ARKR) Will Pay A Larger Dividend Than Last Year At $0.1875
May 15We Think Some Shareholders May Hesitate To Increase Ark Restaurants Corp.'s (NASDAQ:ARKR) CEO Compensation
Mar 08Is Ark Restaurants (NASDAQ:ARKR) A Risky Investment?
Sep 24Ark Restaurants: Strong +100% EPS Quarter, 7.8x P/E
Sep 15Ark Restaurants (NASDAQ:ARKR) Is Reinvesting At Lower Rates Of Return
Sep 02We Think Ark Restaurants (NASDAQ:ARKR) Can Stay On Top Of Its Debt
Jun 03Shareholders May Not Be So Generous With Ark Restaurants Corp.'s (NASDAQ:ARKR) CEO Compensation And Here's Why
Mar 09Ark Restaurants: Strong Quarter, 11.0x P/E Suggests Further 45% Recovery Play Upside
Feb 22There Are Reasons To Feel Uneasy About Ark Restaurants' (NASDAQ:ARKR) Returns On Capital
Feb 17Ark Restaurants: Strong Quarter, 9.8x P/E Suggests Further 56% Recovery Play Upside
Dec 23Ark Restaurants Corp.'s (NASDAQ:ARKR) CEO Might Not Expect Shareholders To Be So Generous This Year
Mar 10How Much Is Ark Restaurants' (NASDAQ:ARKR) CEO Getting Paid?
Feb 23Is Ark Restaurants (NASDAQ:ARKR) Using Debt Sensibly?
Jan 17Ark Restaurants: Pure Unlock And Recovery Play Trading At 11% FCF Yield With 51% Upside
Dec 24Ark Restaurants reports FQ4 results
Dec 21Ark Restaurants'(NASDAQ:ARKR) Share Price Is Down 39% Over The Past Three Years.
Nov 25Financial Position Analysis
Short Term Liabilities: ARKR's short term assets ($21.4M) do not cover its short term liabilities ($26.5M).
Long Term Liabilities: ARKR's short term assets ($21.4M) do not cover its long term liabilities ($94.8M).
Debt to Equity History and Analysis
Debt Level: ARKR has more cash than its total debt.
Reducing Debt: ARKR's debt to equity ratio has reduced from 48.6% to 12.7% over the past 5 years.
Debt Coverage: ARKR's debt is well covered by operating cash flow (147.9%).
Interest Coverage: ARKR's interest payments on its debt are well covered by EBIT (6.8x coverage).