First Watch Restaurant Group Inc (FWRG) — Defensive Interval Ratio
First Watch Restaurant Group Inc (FWRG) has a Defensive Interval Ratio of 8 days as of September 2025. Defensive assets of $3.65 Million (cash $-, short-term investments $-, receivables $3.65 Million) cover 8 days of daily cash needs of $484.29K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
First Watch Restaurant Group Inc Defensive Interval Ratio (2018–2024)
This chart shows how First Watch Restaurant Group Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 8 days, meaning defensive assets of $3.65 Million can fund 8 days of operations without new revenue. For the complete balance sheet picture, see First Watch Restaurant Group Inc assets under control.
Annual Defensive Interval Ratio for First Watch Restaurant Group Inc (2018–2024)
The table below presents the year-by-year Defensive Interval Ratio for First Watch Restaurant Group Inc from 2018 to 2024, covering 7 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See FWRG working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 19 days | $7.24 Million | $379.38K/day | $- | $- | ▲ +2 days |
| 2023 | 18 days | $5.53 Million | $315.27K/day | $- | $- | ▼ -5 days |
| 2022 | 23 days | $6.16 Million | $273.92K/day | $- | $- | ▲ +6 days |
| 2021 | 17 days | $4.45 Million | $264.45K/day | $- | $- | ▼ -2 days |
| 2020 | 19 days | $3.92 Million | $209.68K/day | $- | $- | ▼ -10 days |
| 2019 | 29 days | $5.74 Million | $200.05K/day | $- | $- | ▲ +10 days |
| 2018 | 19 days | $1.91 Million | $101.11K/day | $- | $- | — |