GTIM (Good Times Restaurants) Debt-to-Equity: 1.15 (As of Mar. 2026) — 20% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GTIM Good Times Restaurants Inc GTIM
56 GF Score
Price $1.38
GF Value $2.67
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Good Times Restaurants Debt-to-Equity?

Good Times Restaurants GTIM -2.13% 56 Debt-to-Equity is 1.15 as of Mar. 2026, which is 20% below its 10-year median of 1.44. GuruFocus rates GTIM with a GF Score™ of 56/100 and a GF Value™ of $2.67 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 318 Restaurants companies, Good Times Restaurants ranks worse than 61.32% on this metric.

Good Times Restaurants's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $6.3 Mil. Good Times Restaurants's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $32.0 Mil. Good Times Restaurants's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $33.4 Mil. Good Times Restaurants's debt to equity for the quarter that ended in Mar. 2026 was 1.15.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Good Times Restaurants's Debt-to-Equity or its related term are showing as below:

GTIM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 1.44   Max: 6.74
Current: 1.15

During the past 13 years, the highest Debt-to-Equity Ratio of Good Times Restaurants was 6.74. The lowest was 0.00. And the median was 1.44.

GTIM's Debt-to-Equity is ranked worse than
61.32% of 318 companies
in the Restaurants industry
Industry Median: 0.905 vs GTIM: 1.15

Good Times Restaurants  (NAS:GTIM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Good Times Restaurants Debt-to-Equity Related Terms


Good Times Restaurants Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Good Times Restaurants's Debt-to-Equity 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.

Good Times Restaurants Debt-to-Equity Chart

Good Times Restaurants Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 1.93 1.50 1.37 1.27

Good Times Restaurants Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 1.43 1.31 1.27 1.20 1.15

GTIM vs NROM, MHGU, PETZ: Debt-to-Equity Comparison

For the Restaurants subindustry, Good Times Restaurants's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Good Times Restaurants Debt-to-Equity vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Good Times Restaurants's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Good Times Restaurants's Debt-to-Equity falls into.


GTIM
56GF Score
Good Times Restaurants Inc GTIM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Good Times Restaurants Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Good Times Restaurants's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Good Times Restaurants's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.15 mean?
Good Times Restaurants (GTIM) has a Debt-to-Equity of 1.15 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Good Times Restaurants and its competitors. This is 20% below median its historical median of 1.44. According to the industry distribution chart, Good Times Restaurants ranks #195 out of 318 companies in the Restaurants industry, placing it in the top 61.3%.
Is Good Times Restaurants' Debt-to-Equity too high?
Good Times Restaurants' current Debt-to-Equity of 1.15 is 20% below median its 10-year median of 1.44. The Restaurants industry median Debt-to-Equity is 0.91. Good Times Restaurants' value of 1.15 is 27.1% above this industry median. Based on the distribution chart, Good Times Restaurants ranks #195 out of 318 companies in the Restaurants industry, which is below the industry midpoint. Overall, Good Times Restaurants has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Good Times Restaurants' Debt-to-Equity compare to NROM and MHGU?
According to the Restaurants industry distribution chart, Good Times Restaurants ranks #195 out of 318 companies for Debt-to-Equity. This places Good Times Restaurants in the lower half of its industry. The industry median Debt-to-Equity is 0.91. Good Times Restaurants' value of 1.15 is 27.1% above this benchmark. While the company's 10-year median is 1.44 vs. the industry median of 0.91, Good Times Restaurants has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Restaurants company?
The median Debt-to-Equity among Restaurants companies is 0.91, based on 318 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Good Times Restaurants's current Debt-to-Equity of 1.15 is 27.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Good Times Restaurants and its competitors. For the Restaurants industry, the median Debt-to-Equity is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Times Restaurants's current Debt-to-Equity is 1.15, which is 20% below median its own 10-year median of 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Times Restaurants stock overvalued right now?
Based on GuruFocus' analysis, Good Times Restaurants (GTIM) is currently considered Possible Value Trap. The stock's GF Value™ is $2.67, compared to a current price of $1.38 — trading 48.3% below its estimated fair value. The current Debt-to-Equity is 1.15, which is 20% below median its 10-year median of 1.44 and 27.1% above the Restaurants industry median of 0.91. Good Times Restaurants' overall GF Score™ is 56/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Good Times Restaurants (GTIM), the current Debt-to-Equity is 1.15 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Good Times Restaurants (GTIM) Overvalued in 2026?

Based on GuruFocus' analysis, Good Times Restaurants stock appears to be undervalued. The current stock price of $1.38 is trading 48.3% below its estimated GF Value™ of $2.67. GuruFocus considers Good Times Restaurants to be Possible Value Trap.

Key valuation signals for GTIM:

  • Debt-to-Equity: 1.15 (20% below median its 10-year median of 1.44)
  • GF Value™: $2.67 vs. price of $1.38 (48.3% below fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 27.1% above the Restaurants median (#195 of 318)

No single metric tells the full story. See the GTIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Good Times Restaurants Business Description

Address 651 Corporate Circle, No. 200, Golden, CO, USA, 80401
Good Times Restaurants Inc is engaged in developing, owning, operating, and franchising hamburger-oriented drive-through restaurants. It operates through two segments: Good Times Burgers and Frozen Custard restaurants, which operate in the quick-service drive-through dining industry; and Bad Daddy's Burger Bar restaurants, which operate in the full-service upscale casual dining industry. The company generates maximum revenue from the Bad Daddy's Burger Bar restaurants segment. Its menu categories include burgers, chicken, frozen custard; slides and drinks.
56GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.38
Price
$2.67
GF Value