GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Waitr Holdings Inc (OTCPK:ASAPQ) » Definitions » Free Cash Flow
中文

Waitr Holdings (Waitr Holdings) Free Cash Flow

: $-14.20 Mil (TTM As of Sep. 2023)
View and export this data going back to 2016. Start your Free Trial

Waitr Holdings's total free cash flow for the months ended in Sep. 2023 was $-0.30 Mil. Its total free cash flow for the trailing twelve months (TTM) ended in Sep. 2023 was $-14.20 Mil.

Waitr Holdings's Free Cash Flow per Share for the months ended in Sep. 2023 was $-0.02. Its free cash flow per share for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.19.

During the past 3 years, the average Free Cash Flow per Share Growth Rate was 42.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Free Cash Flow Growth Rate using Free Cash Flow per Share data.

During the past 9 years, Waitr Holdings's highest 3-Year average Free Cash Flow per Share Growth Rate was 53.70% per year. The lowest was -19.80% per year. And the median was 42.40% per year.


Waitr Holdings Free Cash Flow Historical Data

The historical data trend for Waitr Holdings's Free Cash Flow 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.

Waitr Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Free Cash Flow
Take a 7-Day Free Trial Premium Member Only Premium Member Only -19.59 -76.92 32.91 -14.87 -36.47

Waitr Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Free Cash Flow Take 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 -10.05 -8.18 -4.82 -0.90 -0.30

Waitr Holdings Free Cash Flow Calculation

Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company.

Waitr Holdings's Free Cash Flow for the fiscal year that ended in Dec. 2022 is calculated as

Free Cash Flow (A: Dec. 2022 )=Cash Flow from Operations+Capital Expenditure
=-28.716+-7.749
=-36.47

Waitr Holdings's Free Cash Flow for the quarter that ended in Sep. 2023 is calculated as

Free Cash Flow (Q: Sep. 2023 )=Cash Flow from Operations+Capital Expenditure
=-0.295+0
=-0.30

Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-14.20 Mil.

* 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.


Waitr Holdings  (OTCPK:ASAPQ) Free Cash Flow Explanation

Free Cash Flow is very close to Warren Buffett's definition of Owner's Earnings, except that in Warren Buffett's Owner's Earnings, the spending for Property, Plant, and Equipment is only for maintenance (replacement), while in the Free Cash Flow calculation, the cost of new Property, Plant, and Equipment due to business expansion is also deducted. There, Free Cash Flow is more conservative than Owner's Earnings.

In Don Yacktman's calculation of forward rate of return, he uses Free Cash Flow for the calculation. Yacktman explained the forward rate of return concept in detail in his interview with GuruFocus. Yacktman defines forward rate of return as the normalized free cash flow yield plus real growth plus inflation.

This is what Yacktman said in his March 2012 interview - when the S&P 500 was at 1400:

If the business is stable, this calculation is fairly straightforward. For instance, on the S&P 500 we would normalize earnings. We would then calculate what percentage of those earnings are not reinvested in the underlying businesses and are therefore free. Historically, for the S&P 500, this has been just under 50% of earnings. Currently, we expect the S&P to earn about 70 on a normalized basis, a number which is far below reported earnings due to our adjusting for record high profit margins. $70 X ½ / 1400 gives you a normalized free cash flow yield of approximately 2.5%.

The historical real growth rate of the S&P 500 (companies) is about 1.5%. Assuming an inflation rate of 2.5%, the forward rate of return on an investment in the S&P 500 is about 6.5% today (2.5% free cash flow yield plus 1.5% real growth plus 2.5% inflation).

For the growth part of the Forward Rate of Return calculation, GuruFocus uses the 5-year average growth rate of EBITDA per share as the growth rate, and the growth rate is always capped at 20%. For the Free Cash Flow we use per share data averaged over seven years. The reason we use seven years is because research shows that seven years is the length of the typical business cycle.

Therefore, as of Sep23, Waitr Holdings's Forward Rate of Return (Yacktman) % is

Forward Rate of Return (Yacktman) % (Sep23)=Normalized Free Cash Flow/Price+5-Year EBITDA Growth Rate
=0/0.135+0
=0.00 %

* 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.


Be Aware

Free Cash Flow within a report period can be affected by management's decisions of capital spending. Therefore, it is important to look at long term when it comes to Free Cash Flow.


Waitr Holdings Free Cash Flow Related Terms

Thank you for viewing the detailed overview of Waitr Holdings's Free Cash Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Waitr Holdings (Waitr Holdings) Business Description

Traded in Other Exchanges
Address
214 Jefferson Street, Suite 200, Lafayette, LA, USA, 70501
Waitr Holdings Inc operates an online ordering technology platform that provides delivery, carryout, and dine-in options, connecting restaurants, merchants, drivers, and diners in certain cities in the United States. It partners with independent local restaurants and regional and national chains in small and mid-size markets. Its platform uses the deliver anything ASAP model making it easy for consumers to order food, alcohol, convenience, grocery, flowers, auto parts, and more, and includes proprietary in-stadium mobile ordering technology. It has two reportable segments Delivery Services Segment and Third-Party Payment Processing Referral Services Segment, and the majority of the revenue comes from the Delivery Services Segment.
Executives
Jonathan Green director C/O LANDCADIA HOLDINGS, INC., 1510 WEST LOOP SOUTH, HOUSTON TX 77027
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Buford H Ortale director 104 WRAUDMONT BOULEVARD, SUITE 240, NASHVILLE TN 37205
Lcg Holdings Llc 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Luxor Wavefront, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lugard Road Capital Gp, Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 28TH FLOOR, NEW YORK NY 10036
Jdaniel Schmidt director 214 JEFFERSON ST, SUITE 200, LAFAYETTE LA 70501
Timothy Alan Newton officer: Chief Technology Officer 214 JEFFERSON STREET SUITE 200, LAFAYETTE LA 70501
Matthew Coy officer: Chief Information Officer 214 JEFFERSON ST, SUITE 200, LAFAYETTE LA 70501
Armen Yeghyazarians officer: Chief Accounting Officer 214 JEFFERSON ST., SUITE 200, LAFAYETTE LA 70501
Steven L Scheinthal director 1510 W LOOP S, STE 800, HOUSTON TX 77027
Thomas C. Pritchard officer: General Counsel 3 RIVERWAY, STE. 1800, HOUSTON TX 77056
David Cronin officer: Chief Engagement Officer 214 JEFFERSON STREET, SUITE 200, LAFAYETTE NY 70501

Waitr Holdings (Waitr Holdings) Headlines