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First Watch Restaurant Group (First Watch Restaurant Group) Equity-to-Asset : 0.44 (As of Dec. 2023)


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What is First Watch Restaurant Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First Watch Restaurant Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $561.3 Mil. First Watch Restaurant Group's Total Assets for the quarter that ended in Dec. 2023 was $1,267.0 Mil. Therefore, First Watch Restaurant Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.44.

The historical rank and industry rank for First Watch Restaurant Group's Equity-to-Asset or its related term are showing as below:

FWRG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.44   Max: 0.48
Current: 0.44

During the past 5 years, the highest Equity to Asset Ratio of First Watch Restaurant Group was 0.48. The lowest was 0.32. And the median was 0.44.

FWRG's Equity-to-Asset is ranked better than
63.71% of 350 companies
in the Restaurants industry
Industry Median: 0.37 vs FWRG: 0.44

First Watch Restaurant Group Equity-to-Asset Historical Data

The historical data trend for First Watch Restaurant Group's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Watch Restaurant Group Equity-to-Asset Chart

First Watch Restaurant Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.34 0.32 0.48 0.47 0.44

First Watch Restaurant Group Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.48 0.47 0.46 0.44

Competitive Comparison of First Watch Restaurant Group's Equity-to-Asset

For the Restaurants subindustry, First Watch Restaurant Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Watch Restaurant Group's Equity-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, First Watch Restaurant Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where First Watch Restaurant Group's Equity-to-Asset falls into.



First Watch Restaurant Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

First Watch Restaurant Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=561.284/1267.045
=0.44

First Watch Restaurant Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=561.284/1267.045
=0.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Watch Restaurant Group  (NAS:FWRG) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


First Watch Restaurant Group Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of First Watch Restaurant Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


First Watch Restaurant Group (First Watch Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
8725 Pendery Place, Suite 201, Bradenton, FL, USA, 34201
First Watch Restaurant Group Inc is a daytime restaurant concept serving made-to-order breakfast, brunch, and lunch using fresh ingredients. It generates revenues from Restaurant sales and Franchise revenues.
Executives
William A Kussell director C/O ADVENT INTERNATIONAL CORPORATION, 75 STATE STREET 29TH FLOOR, BOSTON MA 02109
Christopher Anthony Tomasso director, officer: President and CEO C/O FIRST WATCH RESTAURANT GROUP, INC., 8725 PENDERY PLACE, SUITE 201, BRADENTON FL 34201
Matthew Eisenacher officer: Chief Brand Officer 8725 PENDERY PLACE, STE. 201, BRADENTON FL 34201
Irene Chang Britt director CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
Advent International Corp/ma 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
David Paresky director ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Tricia Glynn director C/O ADVENT INERNATIONAL CORPORATION, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Advent International Gp, Llc 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Michael James White director C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Advent Partners Gpe Vii-b Cayman Limited Partnership 10 percent owner C/O ADVENT INTERNATIONAL CORPORATION, 75 STATE STREET, BOSTON MA 02109
Stephanie Lilak director C/O DUNKIN' BRANDS, INC., 130 ROYALL STREET, CANTON MA 02021
Hope H Melville Iii officer: CFO and Treasurer AFC ENTERPRISES INC, SIX CONCOURSE PKWY STE 1700, ATLANTA GA 30328-5352
Middleton Calum Alasdair Johnstone officer: Chief Strategy Officer C/O FIRST WATCH RESTAURANT GROUP, INC., 8725 PENDERY PLACE, SUITE 201, BRADENTON FL 34201
Gpe Viii Gp Limited Partnership 10 percent owner C/O ADVENT INTERNATIONAL CORP., 75 STATE STREET, BOSTON MA 02109
Gpe Viii Gp S.a.r.l. 10 percent owner CO ADVENT INTERNATIONAL, 800 BOYLSTON STREET, BOSTON MA 02199