First Total Current Assets from 2010 to 2024

FWRG Stock  USD 17.98  0.52  2.98%   
First Watch's Total Current Assets are increasing over the last several years with slightly volatile swings. Total Current Assets are predicted to flatten to about 56.6 M. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2010-12-31
Previous Quarter
71.2 M
Current Value
56.6 M
Quarterly Volatility
17.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 42.8 M, Interest Expense of 10.2 M or Selling General Administrative of 73 M, as well as many indicators such as Price To Sales Ratio of 2.53, Dividend Yield of 0.0 or PTB Ratio of 3.0. First financial statements analysis is a perfect complement when working with First Watch Valuation or Volatility modules.
  
Check out the analysis of First Watch Correlation against competitors.

Latest First Watch's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of First Watch Restaurant over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. First Watch's Total Current Assets 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

First Total Current Assets Regression Statistics

Arithmetic Mean40,071,553
Geometric Mean37,210,156
Coefficient Of Variation42.68
Mean Deviation14,864,871
Median29,443,000
Standard Deviation17,100,857
Sample Variance292.4T
Range46.9M
R-Value0.78
Mean Square Error125T
R-Squared0.60
Significance0.0007
Slope2,969,372
Total Sum of Squares4094.2T

First Total Current Assets History

202456.6 M
202371.2 M
202267.3 M
202167.7 M
202049 M
201924.2 M

About First Watch Financial Statements

First Watch stakeholders use historical fundamental indicators, such as First Watch's Total Current Assets, 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
Total Current Assets71.2 M56.6 M

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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Watch. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Watch listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.67)
Earnings Share
0.33
Revenue Per Share
16.574
Quarterly Revenue Growth
0.148
Return On Assets
0.0212
The market value of First Watch Restaurant is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Watch's value that differs from its market value or its book value, called intrinsic value, which is First Watch's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Watch's market value can be influenced by many factors that don't directly affect First Watch's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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. However, First Watch's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.