Good Times Restaurants Balance Sheet Health
Financial Health criteria checks 4/6
Good Times Restaurants has a total shareholder equity of $32.1M and total debt of $1.3M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are $90.1M and $58.0M respectively. Good Times Restaurants's EBIT is $2.0M making its interest coverage ratio 20.6. It has cash and short-term investments of $3.5M.
Key information
3.9%
Debt to equity ratio
US$1.25m
Debt
| Interest coverage ratio | 20.6x |
| Cash | US$3.52m |
| Equity | US$32.08m |
| Total liabilities | US$58.04m |
| Total assets | US$90.12m |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Good Times Restaurants Inc.'s (NASDAQ:GTIM) Low P/S
Feb 23
Good 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 ($7.0M) do not cover its short term liabilities ($15.5M).
Long Term Liabilities: GTIM's short term assets ($7.0M) do not cover its long term liabilities ($42.6M).
Debt to Equity History and Analysis
Debt Level: GTIM has more cash than its total debt.
Reducing Debt: GTIM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: GTIM's debt is well covered by operating cash flow (629.4%).
Interest Coverage: GTIM's interest payments on its debt are well covered by EBIT (20.6x coverage).