First Net Debt from 2010 to 2026

FWRG Stock  USD 16.16  0.03  0.19%   
First Watch's Net Debt is increasing over the last several years with slightly volatile swings. Net Debt is predicted to flatten to about 558.9 M. Net Debt is the total debt of First Watch Restaurant minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2020-03-31
Previous Quarter
939.6 M
Current Value
962.2 M
Quarterly Volatility
241.1 M
 
Covid
 
Interest Hikes
Check First Watch financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Watch's main balance sheet or income statement drivers, such as Depreciation And Amortization of 39.4 M, Interest Expense of 10.2 M or Selling General Administrative of 80.4 M, as well as many indicators such as Price To Sales Ratio of 2.26, Dividend Yield of 0.0 or PTB Ratio of 2.77. First financial statements analysis is a perfect complement when working with First Watch Valuation or Volatility modules.
  
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Check out the analysis of First Watch Correlation against competitors.
The Net Debt trend for First Watch Restaurant offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether First Watch is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest First Watch's Net Debt Growth Pattern

Below is the plot of the Net Debt of First Watch Restaurant over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. First Watch's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Watch's overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

First Net Debt Regression Statistics

Arithmetic Mean378,712,647
Geometric Mean312,831,366
Coefficient Of Variation63.93
Mean Deviation211,715,627
Median178,759,000
Standard Deviation242,109,668
Sample Variance58617.1T
Range713.9M
R-Value0.85
Mean Square Error17558.5T
R-Squared0.72
Significance0.000017
Slope40,659,282
Total Sum of Squares937873.5T

First Net Debt History

2026558.9 M
2025892.7 M
2024776.2 M
2023557.3 M
2022457.7 M
2021422.1 M
2020599.1 M

Other Fundumenentals of First Watch Restaurant

First Watch Net Debt component correlations

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About First Watch Financial Statements

First Watch stakeholders use historical fundamental indicators, such as First Watch's Net Debt, to determine how well the company is positioned to perform in the future. Although First Watch investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Watch's assets and liabilities are reflected in the revenues and expenses on First Watch's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Watch Restaurant. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt892.7 M558.9 M
Net Debt To EBITDA 5.88  6.17 

Currently Active Assets on Macroaxis

When determining whether First Watch Restaurant is a strong investment it is important to analyze First Watch's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Watch's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out the analysis of First Watch Correlation against competitors.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Can Hotels, Restaurants & Leisure industry sustain growth momentum? Does First have expansion opportunities? Factors like these will boost the valuation of First Watch. Market participants price First higher when confident in its future expansion prospects. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating First Watch demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
0.634
Earnings Share
0.08
Revenue Per Share
19.216
Quarterly Revenue Growth
0.256
Return On Assets
0.0115
Understanding First Watch Restaurant requires distinguishing between market price and book value, where the latter reflects First's accounting equity. The concept of intrinsic value—what First Watch's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push First Watch's price substantially above or below its fundamental value.
Please note, there is a significant difference between First Watch's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Watch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, First Watch's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.