First Watch Restaurant Group Inc (FWRG) — Financial Flexibility Index
First Watch Restaurant Group Inc (FWRG) has a Financial Flexibility Index of 0.08x as of September 2025. Free cash flow of $90.76 Million (operating CF $47.88 Million minus capex $42.88 Million) represents 0% of total liabilities ($1.11 Billion). Check First Watch Restaurant Group Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
First Watch Restaurant Group Inc Financial Flexibility Index (2018–2024)
Historical Financial Flexibility Index trend for First Watch Restaurant Group Inc across 7 annual periods. See working capital to net assets of First Watch Restaurant Group Inc to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for First Watch Restaurant Group Inc (2018–2024)
Year-by-year free cash flow to debt coverage for First Watch Restaurant Group Inc. For the full company profile including market capitalisation, see First Watch Restaurant Group Inc (FWRG) market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.27x | $243.62 Million | $115.67 Million | $918.97 Million | ▲ +3.9% |
| 2023 | 0.26x | $180.03 Million | $95.34 Million | $705.76 Million | ▲ +17.4% |
| 2022 | 0.22x | $126.27 Million | $62.94 Million | $581.31 Million | ▲ +19.4% |
| 2021 | 0.18x | $98.65 Million | $62.97 Million | $542.49 Million | ▲ +1350.3% |
| 2020 | 0.01x | $8.61 Million | $-18.36 Million | $686.65 Million | ▼ -89.9% |
| 2019 | 0.12x | $80.63 Million | $21.46 Million | $652.28 Million | ▼ -47.7% |
| 2018 | 0.24x | $68.50 Million | $30.77 Million | $289.84 Million | — |