First Watch Restaurant Group, Inc. Liquidation Value

FWRG Other

Cash & Equivalents

$21.25M
As of 2025-12-28
Current Price: N/A

Key Metrics

Cash Liquidation Value

Cash minus Total Obligations
Cash: $21.25M
Total Obligations: -$1.74B
$-1.72B
Per share: $-28.30
Period: 2025-12-28

Liquid Liquidation Value

Cash + AR minus Total Obligations
Cash: $21.25M
AR: $6.86M
Total Obligations: -$1.74B
$-1.71B
Per share: $-28.19
Period: 2025-12-28

Operating Liquidation Value

Cash + AR + Inventory minus Total Obligations
Cash: $21.25M
AR: $6.86M
Inventory: $7.17M
Total Obligations: -$1.74B
$-1.70B
Per share: $-28.07
Period: 2025-12-28

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Liquidation Ladder

MetricTotalPer Share
Cash Liquidation Value$-1.72B$-28.30
Liquid Liquidation Value$-1.71B$-28.19
Operating Liquidation Value$-1.70B$-28.07

Key Components (as of 2025-12-28)

Cash & Equivalents$21.25M
Accounts Receivable$6.86M
Inventory$7.17M
Current Liabilities$167.50M
Long-term Debt$832.38M
Op. Lease Liability$726.29M
Finance Lease$12.91M
Shares Outstanding60.7M

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Historical

PeriodCashARInventoryAPCurr LiabLT DebtOp LeaseFin Lease
2025-12-28$21.25M$6.86M$7.17M$8.70M$167.50M$832.38M$726.29M$12.91M
2025-09-28$20.71M$5.51M$6.49M$7.23M$176.77M$528.22M$718.24M$12.92M
2025-06-29$19.18M$5.48M$6.77M$7.51M$158.33M$523.65M$696.95M$7.42M
2025-03-30$18.61M$5.96M$6.20M$7.69M$141.85M$403.63M$635.41M$4.46M
2024-12-29$33.31M$7.24M$6.12M$6.96M$138.47M$590.34M$611.28M$2.77M
2024-09-29$51.13M$4.93M$5.33M$6.87M$134.01M$394.96M$581.41M$827,000
2024-06-30$45.10M$4.03M$5.67M$7.18M$118.83M$397.44M$549.88M$912,000
2024-03-31$43.24M$4.13M$5.20M$5.68M$106.48M$251.48M$485.70M$940,000

Comments

SEC Filings

PeriodFormFiledLink
2025-12-28 10-K 2026-02-24 View
2025-09-28 10-Q 2025-11-04 View
2025-06-29 10-Q 2025-08-05 View
2025-03-30 10-Q 2025-05-06 View
2024-12-29 10-K 2025-03-11 View
2024-09-29 10-Q 2024-11-07 View
2024-06-30 10-Q 2024-08-06 View
2024-03-31 10-Q 2024-05-07 View

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