First Watch Restaurant Group, Inc. (FWRG)

FWRG Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 29, 2024	Dec 31, 2023	Dec 25, 2022	Dec 26, 2021	Dec 27, 2020
Cash & Equivalents	33.31	49.63	49.67	51.86	38.85
Cash & Short-Term Investments	33.31	49.63	49.67	51.86	38.85
Cash Growth	-32.88%	-0.08%	-4.23%	33.51%	249.30%
Accounts Receivable	4.12	4.53	3.62	3.4	3.36
Other Receivables	3.12	1	2.55	1.05	0.55
Receivables	7.24	5.53	6.16	4.45	3.92
Inventory	6.12	5.38	5.03	4.02	2.92
Prepaid Expenses	7.01	7.49	5.8	5.68	2.49
Restricted Cash	-	0.33	0.25	0.25	0.25
Other Current Assets	2.2	2.82	0.37	1.43	0.62
Total Current Assets	55.88	71.19	67.29	67.7	49.04
Property, Plant & Equipment	889.07	683.08	547.49	489.69	468.3
Goodwill	398.57	359.88	345.22	345.22	345.22
Other Intangible Assets	167.6	151.19	143.15	143	143.66
Other Long-Term Assets	3.25	1.7	1.3	1.31	1.29
Total Assets	1,514	1,267	1,104	1,047	1,008
Accounts Payable	6.96	6.32	7.59	11.06	4.22
Accrued Expenses	43.02	42.24	32.91	32.01	19.8
Short-Term Debt	-	-	1.38	2.35	-
Current Portion of Long-Term Debt	8.75	5	5.63	2.5	2.95
Current Portion of Leases	56.29	40.91	39.57	38.87	40.76
Current Unearned Revenue	5.62	5.5	5.19	4.65	4.27
Other Current Liabilities	17.83	15.1	7.72	5.07	4.54
Total Current Liabilities	138.47	115.07	99.98	96.52	76.53
Long-Term Debt	183.81	116.27	90.82	98.42	284.75
Long-Term Leases	560.81	444.79	369.96	331.83	309.46
Long-Term Unearned Revenue	1.69	1.79	2.47	2.29	2.03
Long-Term Deferred Tax Liabilities	32.22	25.33	17.17	12.49	10.31
Other Long-Term Liabilities	1.97	2.51	0.91	0.94	3.57
Total Liabilities	918.97	705.76	581.31	542.49	686.65
Common Stock	0.61	0.6	0.59	0.59	0.45
Additional Paid-In Capital	649.05	634.1	620.68	608.88	423.35
Retained Earnings	-53.82	-72.75	-98.13	-105.04	-102.93
Comprehensive Income & Other	-0.44	-0.67	-	-	-
Total Common Equity	595.39	561.28	523.14	504.43	320.86
Shareholders' Equity	595.39	561.28	523.14	504.43	320.87
Total Liabilities & Equity	1,514	1,267	1,104	1,047	1,008
Total Debt	809.66	606.97	507.35	473.97	637.9
Net Cash (Debt)	-776.34	-557.33	-457.68	-422.11	-599.06
Net Cash Per Share	-12.45	-9.11	-7.61	-8.75	-13.31
Filing Date Shares Outstanding	60.7	59.91	59.26	59.05	45.01
Total Common Shares Outstanding	60.7	59.89	59.21	59.05	45.01
Working Capital	-82.6	-43.88	-32.69	-28.83	-27.49
Book Value Per Share	9.81	9.37	8.84	8.54	7.13
Tangible Book Value	29.23	50.22	34.77	16.21	-168.02
Tangible Book Value Per Share	0.48	0.84	0.59	0.27	-3.73
Land	1.19	1.19	1.19	1.19	1.19
Buildings	1.35	1.35	1.35	1.35	1.35
Machinery	223.6	180.43	145.85	119.19	105.98
Construction In Progress	34.78	17.47	10.48	8.64	7.09
Leasehold Improvements	324.39	240.98	178.89	146.58	128.25

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q