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FWRG (First Watch Restaurant Group) Total Assets : $1,485.0 Mil (As of Sep. 2024)


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What is First Watch Restaurant Group Total Assets?

First Watch Restaurant Group's Total Assets for the quarter that ended in Sep. 2024 was $1,485.0 Mil.

During the past 12 months, First Watch Restaurant Group's average Total Assets Growth Rate was 23.00% per year. During the past 3 years, the average Total Assets Growth Rate was 7.90% per year.

During the past 5 years, First Watch Restaurant Group's highest 3-Year average Total Assets Growth Rate was 7.90%. The lowest was 2.80%. And the median was 5.35%.

Total Assets is connected with ROA %. First Watch Restaurant Group's annualized ROA % for the quarter that ended in Sep. 2024 was 0.58%. Total Assets is also linked to Revenue through Asset Turnover. First Watch Restaurant Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.17.


First Watch Restaurant Group Total Assets Historical Data

The historical data trend for First Watch Restaurant Group's Total 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.

First Watch Restaurant Group Total Assets Chart

First Watch Restaurant Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
982.08 1,007.51 1,046.92 1,104.45 1,267.05

First Watch Restaurant Group Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total 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 1,205.85 1,267.05 1,279.26 1,436.65 1,484.96

First Watch Restaurant Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

First Watch Restaurant Group's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=561.284+705.761
=1,267.0

First Watch Restaurant Group's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=589.131+895.826
=1,485.0

* 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) Total Assets Explanation

Total Assets is connected with ROA %.

First Watch Restaurant Group's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=8.448/( (1436.654+1484.957)/ 2 )
=8.448/1460.8055
=0.58 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

First Watch Restaurant Group's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=251.609/( (1436.654+1484.957)/ 2 )
=251.609/1460.8055
=0.17

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

First Watch Restaurant Group Total Assets Related Terms

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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
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
Advent International Gpe Viii-i Limited Partnership 10 percent owner 800 BOYLSTON STREET, SUITE 3300, BOSTON MA 02199
William A Kussell director C/O ADVENT INTERNATIONAL CORPORATION, 75 STATE STREET 29TH FLOOR, BOSTON MA 02109
Jay Anthony Wolszczak officer: General Counsel and Secretary 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
John Daniel Jones officer: Chief Operations 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
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
Eric Richard Hartman officer: Chief Development Officer 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
Hope H Melville Iii officer: CFO and Treasurer AFC ENTERPRISES INC, SIX CONCOURSE PKWY STE 1700, ATLANTA GA 30328-5352
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