First Watch Restaurant Group Balance Sheet Health
Financial Health criteria checks 4/6
First Watch Restaurant Group has a total shareholder equity of $585.8M and total debt of $194.8M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are $1.4B and $850.9M respectively. First Watch Restaurant Group's EBIT is $46.8M making its interest coverage ratio 4.6. It has cash and short-term investments of $45.1M.
Key information
33.2%
Debt to equity ratio
US$194.76m
Debt
| Interest coverage ratio | 4.6x |
| Cash | US$45.10m |
| Equity | US$585.78m |
| Total liabilities | US$850.87m |
| Total assets | US$1.44b |
Recent financial health updates
Recent updates
Why We're Not Concerned About First Watch Restaurant Group, Inc.'s (NASDAQ:FWRG) Share Price
Sep 04
Is It Too Late To Consider Buying First Watch Restaurant Group, Inc. (NASDAQ:FWRG)?
Aug 09First Watch Restaurant: The Price For Maintaining Pricing
Jul 03First Watch Restaurant Group (NASDAQ:FWRG) Shareholders Will Want The ROCE Trajectory To Continue
Jul 02First Watch Restaurant Group's (NASDAQ:FWRG) Earnings May Just Be The Starting Point
May 21These 4 Measures Indicate That First Watch Restaurant Group (NASDAQ:FWRG) Is Using Debt Reasonably Well
May 10First Watch Restaurant: Traffic Slowdown Doesn't Disturb The Growth Story
May 09First Watch Restaurant Group, Inc.'s (NASDAQ:FWRG) Share Price Matching Investor Opinion
Apr 25Is There Now An Opportunity In First Watch Restaurant Group, Inc. (NASDAQ:FWRG)?
Apr 02The Return Trends At First Watch Restaurant Group (NASDAQ:FWRG) Look Promising
Feb 28First Watch: Great Restaurant Concept, But An Equal Valuation
Feb 21We Ran A Stock Scan For Earnings Growth And First Watch Restaurant Group (NASDAQ:FWRG) Passed With Ease
Jan 23Investors Holding Back On First Watch Restaurant Group, Inc. (NASDAQ:FWRG)
Dec 23When Should You Buy First Watch Restaurant Group, Inc. (NASDAQ:FWRG)?
Dec 03Here's Why We Think First Watch Restaurant Group (NASDAQ:FWRG) Is Well Worth Watching
Oct 13The Return Trends At First Watch Restaurant Group (NASDAQ:FWRG) Look Promising
Aug 24Returns On Capital Are Showing Encouraging Signs At First Watch Restaurant Group (NASDAQ:FWRG)
Apr 08First Watch: Ride On The Secular Tailwind Of Demand For Daypart Meals
Oct 19First Watch: A Solid Buy-The-Dip Candidate
Oct 12First Watch Restaurant slides 8% afterhours on secondary stock offering
Sep 12First Watch Restaurant Group: Rapid Growth On Cards As Sales Momentum Persists
Aug 31First Watch: Another Phenomenal Quarter
Aug 10First Watch Restaurant Group: Undervalued Rare Asset With Significant Growth Potential
Jul 20First Watch: Another Solid Quarter For This Small-Cap Growth Story
Jun 02The Strong Earnings Posted By First Watch Restaurant Group (NASDAQ:FWRG) Are A Good Indication Of The Strength Of The Business
May 18First Watch Restaurant Group: Waiting For Profitability
Apr 07A Look At The Intrinsic Value Of First Watch Restaurant Group, Inc. (NASDAQ:FWRG)
Jan 08First Watch: Phenomenal Growth, But At A Price
Dec 26First Watch Restaurant Group Stock: Watching, Not Investing
Oct 10Financial Position Analysis
Short Term Liabilities: FWRG's short term assets ($67.4M) do not cover its short term liabilities ($118.8M).
Long Term Liabilities: FWRG's short term assets ($67.4M) do not cover its long term liabilities ($732.0M).
Debt to Equity History and Analysis
Debt Level: FWRG's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: FWRG's debt to equity ratio has reduced from 66.7% to 33.2% over the past 5 years.
Debt Coverage: FWRG's debt is well covered by operating cash flow (49.6%).
Interest Coverage: FWRG's interest payments on its debt are well covered by EBIT (4.6x coverage).