FWRG (First Watch Restaurant Group) Interest Expense : $-13 Mil (TTM As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is First Watch Restaurant Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Watch Restaurant Group's interest expense for the three months ended in Dec. 2024 was $ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-13 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. First Watch Restaurant Group's Operating Income for the three months ended in Dec. 2024 was $ 5 Mil. First Watch Restaurant Group's Interest Expense for the three months ended in Dec. 2024 was $ -3 Mil. First Watch Restaurant Group's Interest Coverage for the quarter that ended in Dec. 2024 was 1.50. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

First Watch Restaurant Group Interest Expense Historical Data

The historical data trend for First Watch Restaurant Group's Interest Expense 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 Interest Expense Chart

First Watch Restaurant Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-22.82

-20.10

-5.23

-8.06

-12.64

First Watch Restaurant Group Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial														-2.27	-2.60	-3.38	-3.44	-3.22

First Watch Restaurant Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13 Mil.

First Watch Restaurant Group (NAS:FWRG) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

First Watch Restaurant Group's Interest Expense for the three months ended in Dec. 2024 was $-3 Mil. Its Operating Income for the three months ended in Dec. 2024 was $5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $745 Mil.

First Watch Restaurant Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	4.818	/	-3.219
	=	1.50

The higher the ratio, the stronger the company's financial strength is.

First Watch Restaurant Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » First Watch Restaurant Group Inc (NAS:FWRG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

8725 Pendery Place, Suite 201, Bradenton, FL, USA, 34201

Website

https://investors.firstwatch.com

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

Matthew Eisenacher	officer: Chief Brand Officer	8725 PENDERY PLACE, STE. 201, BRADENTON FL 34201
Hope H Melville Iii	officer: CFO and Treasurer	AFC ENTERPRISES INC, SIX CONCOURSE PKWY STE 1700, ATLANTA GA 30328-5352
Jay Anthony Wolszczak	officer: General Counsel and Secretary	C/O FIRST WATCH RESTAURANT GROUP, INC., 8725 PENDERY PLACE, SUITE 201, BRADENTON FL 34201
Christopher Anthony Tomasso	director, officer: President and CEO	C/O FIRST WATCH RESTAURANT GROUP, INC., 8725 PENDERY PLACE, SUITE 201, BRADENTON FL 34201
Eric Richard Hartman	officer: Chief Development Officer	C/O FIRST WATCH RESTAURANT GROUP, INC., 8725 PENDERY PLACE, SUITE 201, BRADENTON FL 34201
Laura Anne Sorensen	officer: Chief People Officer	C/O FIRST WATCH RESTAURANT GROUP, INC., 8725 PENDERY PLACE, SUITE 201, BRADENTON FL 34201
John Daniel Jones	officer: Chief Operations Officer	C/O FIRST WATCH RESTAURANT GROUP, INC., 8725 PENDERY PLACE, SUITE 201, BRADENTON FL 34201
Advent International Gpe Viii-i Limited Partnership	10 percent owner	800 BOYLSTON STREET, SUITE 3300, BOSTON MA 02199
Advent International Corp/ma	10 percent owner	800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent Partners Gpe Viii Limited Partnership	10 percent owner	C/O ADVENT INTERNATIONAL CORPORATION, 800 BOYLSON STREET, SUITE 3300, BOSTON MA 02199
William A Kussell	director	C/O ADVENT INTERNATIONAL CORPORATION, 75 STATE STREET 29TH FLOOR, BOSTON MA 02109
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
Irene Chang Britt	director	CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
Advent International Gp, Llc	10 percent owner	800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199