First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. The company was founded in 1983 and is based in Bradenton, Florida.
First Watch Restaurant Group Inc (FWRG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2025: 0.034x
Based on the latest financial reports, First Watch Restaurant Group Inc (FWRG) has a cash flow conversion efficiency ratio of 0.034x as of March 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($20.14 Million) by net assets ($596.29 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
First Watch Restaurant Group Inc - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how First Watch Restaurant Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
First Watch Restaurant Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of First Watch Restaurant Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
NXAGF
PINK:NXAGF
|
N/A |
|
Biotage AB (publ)
OTCGREY:BITGF
|
0.011x |
|
Electricity Generating Public Company Limited
BK:EGCO
|
0.008x |
|
Ivanhoe Electric Inc.
NYSE MKT:IE
|
-0.109x |
|
freee K.K
PINK:FREKF
|
-0.024x |
|
Centuria Capital Group
PINK:CNECF
|
0.068x |
|
Shenzhen Das Intellitech Co Ltd
SHE:002421
|
-0.036x |
|
Accel Entertainment Inc
NYSE:ACEL
|
0.052x |
Annual Cash Flow Conversion Efficiency for First Watch Restaurant Group Inc (2018–2024)
The table below shows the annual cash flow conversion efficiency of First Watch Restaurant Group Inc from 2018 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $595.39 Million | $115.67 Million | 0.194x | +14.38% |
| 2023-12-31 | $561.28 Million | $95.34 Million | 0.170x | +41.19% |
| 2022-12-31 | $523.13 Million | $62.94 Million | 0.120x | -3.63% |
| 2021-12-31 | $504.43 Million | $62.97 Million | 0.125x | +318.12% |
| 2020-12-31 | $320.87 Million | $-18.36 Million | -0.057x | -187.93% |
| 2019-12-31 | $329.80 Million | $21.46 Million | 0.065x | -20.76% |
| 2018-12-31 | $374.67 Million | $30.77 Million | 0.082x | -- |