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Fiesta Restaurant Group (Fiesta Restaurant Group) Other Current Assets : $10.4 Mil (As of Jun. 2023)


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What is Fiesta Restaurant Group Other Current Assets?

Fiesta Restaurant Group's other current assets for the quarter that ended in Jun. 2023 was $10.4 Mil.

Fiesta Restaurant Group's quarterly other current assets increased from Dec. 2022 ($9.4 Mil) to Mar. 2023 ($11.6 Mil) but then declined from Mar. 2023 ($11.6 Mil) to Jun. 2023 ($10.4Mil).

Fiesta Restaurant Group's annual other current assets declined from Dec. 2020 ($17.8 Mil) to Dec. 2021 ($9.7 Mil) declined from Dec. 2021 ($9.7 Mil) to Dec. 2022 ($9.4 Mil).


Fiesta Restaurant Group Other Current Assets Historical Data

The historical data trend for Fiesta Restaurant Group's Other Current Assets 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.

Fiesta Restaurant Group Other Current Assets Chart

Fiesta Restaurant Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.94 10.72 17.82 9.65 9.42

Fiesta Restaurant Group Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Other Current Assets 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.55 9.36 9.42 11.57 10.36

Fiesta Restaurant Group Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.


Fiesta Restaurant Group Other Current Assets Related Terms

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Fiesta Restaurant Group (Fiesta Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
14800 Landmark Boulevard, Suite 500, Dallas, TX, USA, 75254
Fiesta Restaurant Group Inc owns two fast-casual restaurant brands: Pollo Tropical, which offers Caribbean-inspired food; and Taco Cabana, which offers Mexican food. Collectively, the company owns and operates more than 300 restaurants in the southern United States. Roughly three-quarters of all Pollo Tropical restaurants are located in Florida. Taco Cabana restaurants are located almost exclusively in Texas. The company also franchises restaurants in Central and South America, which account for a very small portion of total company revenue.
Executives
Nirmal K Tripathy director THE TJX COMPANIES, INC., 770 COCHITUATE ROAD, FRAMINGHAM MA 01701
Tyler Yoesting officer: Vice President and Acting CFO C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Ulyses Camacho officer: See Remarks C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Eladio Romeo officer: See Remarks C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Patricia Lopez-calleja officer: SVP, Guest Engagement C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Andrew Rechtschaffen director C/O OBREM CAPITAL MANAGEMENT, LLC, 733 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Cheri Kinder officer: VP, Corporate Controller 14800 LANDMARK BOULEVARD, SUITE 500, ADDISON TX 75254
Louis Dipietro officer: SVP, GC and Secretary 35 PARK STREET, NORFOLK MA 02056
Anthony Dinkins officer: SVP of Human Resources 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Hope Diaz officer: See Remarks C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254
Dirk A Montgomery officer: SVP, CFO and Treasurer C/O HEALTH INSURANCE INNOVATIONS, INC., 15438 N. FLORIDA AVE., SUITE 201, TAMPA FL 33613
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Richard C. Stockinger officer: CEO and President C/O BENIHANA INC., 8685 N.W. 53RD TERRACE, MIAMI FL 33166
Sherrill Kaplan director C/O FIESTA RESTAURANT GROUP, INC., 14800 LANDMARK BOULEVARD, SUITE 500, DALLAS TX 75254
Joseph Brink officer: VP, Chief Procurement Officer 14800 LANDMARK BLVD., SUITE 500, DALLAS TX 75254