BurgerFi International, Inc. (BFICQ) - Net Assets
Based on the latest financial reports, BurgerFi International, Inc. (BFICQ) has net assets worth $52.09 Million USD as of March 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($252.61 Million) and total liabilities ($200.51 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore BurgerFi International, Inc. (BFICQ) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $52.09 Million |
| % of Total Assets | 20.62% |
| Annual Growth Rate | -39.56% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.61 |
BurgerFi International, Inc. - Net Assets Trend (2020–2023)
This chart illustrates how BurgerFi International, Inc.'s net assets have evolved over time, based on quarterly financial data. Check BurgerFi International, Inc. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for BurgerFi International, Inc. (2020–2023)
The table below shows the annual net assets of BurgerFi International, Inc. from 2020 to 2023. For live valuation and market cap data, see BurgerFi International, Inc. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $57.25 Million | -27.48% |
| 2022-12-31 | $78.95 Million | -54.44% |
| 2021-12-31 | $173.28 Million | -33.12% |
| 2020-12-31 | $259.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BurgerFi International, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 25563400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $315.11 Million | 550.41% |
| Total Equity | $57.25 Million | 100.00% |
BurgerFi International, Inc. Competitors by Market Cap
The table below lists competitors of BurgerFi International, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TTW PCL
STU:F1P
|
$2.76K |
|
creditshelf Aktiengesellschaft
F:CSQ
|
$2.79K |
|
TTW Public Company Limited
F:F1P
|
$2.88K |
|
Weiss Korea Opportunity Fund
LSE:WKOF
|
$2.97K |
|
Ordinary Fully Paid Deferred Settlement
AU:IMUDA
|
$2.62K |
|
CI Com SA
SW:CIE
|
$2.59K |
|
Conn's, Inc.
NASDAQ:CONNQ
|
$2.49K |
|
FlexShopper Inc
NASDAQ:FPAY
|
$2.46K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BurgerFi International, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 78,947,000 to 57,250,000, a change of -21,697,000 (-27.5%).
- Net loss of 30,708,000 reduced equity.
- New share issuances of 3,436,000 increased equity.
- Other factors increased equity by 5,575,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-30.71 Million | -53.64% |
| Share Issuances | $3.44 Million | +6.0% |
| Other Changes | $5.58 Million | +9.74% |
| Total Change | $- | -27.48% |
Book Value vs Market Value Analysis
This analysis compares BurgerFi International, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $14.77 | $0.00 | x |
| 2021-12-31 | $8.13 | $0.00 | x |
| 2022-12-31 | $3.55 | $0.00 | x |
| 2023-12-31 | $2.13 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BurgerFi International, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -53.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.05%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 4.51x
- Recent ROE (-53.64%) is above the historical average (-63.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.24% | 1.90% | 0.11x | 1.12x | $-25.29 Million |
| 2021 | -70.12% | -176.42% | 0.22x | 1.83x | $-138.82 Million |
| 2022 | -131.01% | -57.87% | 0.65x | 3.51x | $-111.33 Million |
| 2023 | -53.64% | -18.05% | 0.66x | 4.51x | $-36.43 Million |
Industry Comparison
This section compares BurgerFi International, Inc.'s net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $178,181,283
- Average return on equity (ROE) among peers: 4.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BurgerFi International, Inc. (BFICQ) | $52.09 Million | 0.24% | 3.85x | $2.74K |
| Arcos Dorados Holdings Inc (ARCO) | $198.02 Million | -75.47% | 10.58x | $1.07 Billion |
| Ark Restaurants Corp (ARKR) | $29.10 Million | 15.81% | 0.48x | $20.37 Million |
| Flanigans Enterprises Inc (BDL) | $1.90 Million | 31.58% | 2.11x | $56.74 Million |
| Biglari Holdings Inc (BH) | $324.93 Million | 10.64% | 1.07x | $777.94 Million |
| Biglari Holdings Inc (BH-A) | $167.05 Million | 13.82% | 1.37x | $419.09 Million |
| BJs Restaurants Inc (BJRI) | $290.29 Million | 15.58% | 3.25x | $1.09 Billion |
| Bloomin Brands Inc (BLMN) | $273.91 Million | 37.20% | 11.12x | $664.79 Million |
| Black Rock Coffee Bar, Inc. Class A Common Stock (BRCB) | $104.71 Million | -0.06% | 2.21x | $139.15 Million |
| Dutch Bros Inc (BROS) | $213.73 Million | -5.93% | 1.59x | $8.93 Billion |
About BurgerFi International, Inc.
BurgerFi International, Inc., together with its subsidiaries, owns and franchises fast-casual and premium-casual dining restaurants under BurgerFi and Anthony's brand name in the United States. It operates through BurgerFi and Anthony's segments. The company's restaurants offer burgers, hot dogs, crispy chicken, frozen custard, hand-cut fries, shakes, beer, wine; and pizza, coal fired chicken win… Read more