Good Times Restaurants Balance Sheet Health
Financial Health criteria checks 4/6
Good Times Restaurants has a total shareholder equity of $33.1M and total debt of $872.0K, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are $87.1M and $54.0M respectively. Good Times Restaurants's EBIT is $1.7M making its interest coverage ratio 14. It has cash and short-term investments of $3.9M.
Key information
2.6%
Debt to equity ratio
US$872.00k
Debt
| Interest coverage ratio | 14x |
| Cash | US$3.85m |
| Equity | US$33.09m |
| Total liabilities | US$54.03m |
| Total assets | US$87.12m |
Recent financial health updates
No updates
Recent updates
Improved Revenues Required Before Good Times Restaurants Inc. (NASDAQ:GTIM) Shares Find Their Feet
Sep 28
We Think You Can Look Beyond Good Times Restaurants' (NASDAQ:GTIM) Lackluster Earnings
Aug 09Why Investors Shouldn't Be Surprised By Good Times Restaurants Inc.'s (NASDAQ:GTIM) Low P/S
Feb 23Good Times Restaurants' (NASDAQ:GTIM) Profits May Not Reveal Underlying Issues
Dec 22We Like These Underlying Return On Capital Trends At Good Times Restaurants (NASDAQ:GTIM)
Aug 09Good Times Restaurants (NASDAQ:GTIM) Is Experiencing Growth In Returns On Capital
Nov 17Let The Good Times Restaurants Roll
Oct 11Good Times Restaurants: The Bullish Thesis Remains Compelling
Sep 26Good Times Restaurants GAAP EPS of $0.04, revenue of $36.5M
Aug 11With EPS Growth And More, Good Times Restaurants (NASDAQ:GTIM) Makes An Interesting Case
Jul 23Returns On Capital Are Showing Encouraging Signs At Good Times Restaurants (NASDAQ:GTIM)
Jun 14Good Times Restaurants: Is There Light At The End Of The Tunnel?
May 16Good Times Restaurants Inc. (NASDAQ:GTIM) Not Doing Enough For Some Investors As Its Shares Slump 26%
May 14Good Times Restaurants: The Recent Pullback Provides A Good Entry Point
Apr 08Estimating The Fair Value Of Good Times Restaurants Inc. (NASDAQ:GTIM)
Jan 07Good Times Restaurants: A Speculative Food Service Play Under 3x EBITDA
Jan 06Good Times Restaurants Offers A Good Risk-Reward Situation
Oct 29Good Times Restaurants (NASDAQ:GTIM) Is Doing The Right Things To Multiply Its Share Price
Jun 09Good Times Restaurants' (NASDAQ:GTIM) Solid Earnings Have Been Accounted For Conservatively
May 14Good Times Restaurants: Strong Positive Momentum But Wait For A Pullback Before Considering A Buy
May 06Good Times Restaurants reports Q1 results
Feb 04Good Times Restaurants FQ1 same-store sales
Jan 12Can Good Times Restaurants (NASDAQ:GTIM) Continue To Grow Its Returns On Capital?
Jan 06
Good Times Restaurants reports Q4 results
Dec 15Financial Position Analysis
Short Term Liabilities: GTIM's short term assets ($6.6M) do not cover its short term liabilities ($15.7M).
Long Term Liabilities: GTIM's short term assets ($6.6M) do not cover its long term liabilities ($38.3M).
Debt to Equity History and Analysis
Debt Level: GTIM has more cash than its total debt.
Reducing Debt: GTIM's debt to equity ratio has reduced from 44.4% to 2.6% over the past 5 years.
Debt Coverage: GTIM's debt is well covered by operating cash flow (588.3%).
Interest Coverage: GTIM's interest payments on its debt are well covered by EBIT (14x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 08:18 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/24 |
| Annual Earnings | 2024/09/24 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Good Times Restaurants Inc. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeremy Hamblin | Colliers Securities |
| Alex Fuhrman | Craig-Hallum Capital Group LLC |
| Stephen Anderson | Maxim Group |