FAT Brands Inc
FAT Brands Inc., a multi-brand restaurant franchising company, acquires, develops, markets, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts in the United States, Canada, and internationally. It owns restaurant brands, including Round Table Pizza, Marble Slab Creamery, Great American Cookies, Hot Dog on a Stick, Pretzelmaker, Fazoli's, Fatburge… Read more
FAT Brands Inc (FATBW) - Net Assets
Latest net assets as of June 2025: $-543.20 Million USD
Based on the latest financial reports, FAT Brands Inc (FATBW) has net assets worth $-543.20 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.25 Billion) and total liabilities ($1.79 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-543.20 Million |
| % of Total Assets | -43.53% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 374.93 |
FAT Brands Inc - Net Assets Trend (2015–2024)
This chart illustrates how FAT Brands Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for FAT Brands Inc (2015–2024)
The table below shows the annual net assets of FAT Brands Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-455.71 Million | -78.11% |
| 2023-12-31 | $-255.86 Million | -60.74% |
| 2022-12-31 | $-159.18 Million | -635.06% |
| 2021-12-31 | $-21.66 Million | +48.30% |
| 2020-12-31 | $-41.88 Million | -878.78% |
| 2019-12-31 | $5.38 Million | -6.29% |
| 2018-12-31 | $5.74 Million | +185.66% |
| 2017-12-31 | $2.01 Million | -74.33% |
| 2016-12-31 | $7.83 Million | +30.87% |
| 2015-12-31 | $5.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FAT Brands 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 18586.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | % |
| Other Components | $2.91 Million | % |
| Total Equity | $-455.71 Million | 100.00% |
FAT Brands Inc Competitors by Market Cap
The table below lists competitors of FAT Brands Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hotel Fitra International Tbk PT
JK:FITT
|
$16.15 Million |
|
Higgstec
TWO:5220
|
$16.16 Million |
|
IokCompany Co. Ltd
KQ:078860
|
$16.16 Million |
|
Black Dragon Gold Corp
AU:BDG
|
$16.17 Million |
|
Baird Medical Investment Holdings Limited
NASDAQ:BDMD
|
$16.14 Million |
|
NSE S.A. EO 155
F:7YM
|
$16.12 Million |
|
Yuan Jen Enterprises Co Ltd
TW:1725
|
$16.12 Million |
|
Australian Vintage Ltd
PINK:AUVGF
|
$16.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FAT Brands Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -255,863,000 to -455,712,000, a change of -199,849,000.
- Net loss of 189,847,000 reduced equity.
- Dividend payments of 17,328,000 reduced retained earnings.
- New share issuances of 4,996,000 increased equity.
- Other comprehensive income increased equity by 31,191,000.
- Other factors decreased equity by 28,861,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-189.85 Million | -41.66% |
| Dividends Paid | $17.33 Million | -3.8% |
| Share Issuances | $5.00 Million | +1.1% |
| Other Comprehensive Income | $31.19 Million | +6.84% |
| Other Changes | $-28.86 Million | -6.33% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares FAT Brands 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.53 | $2.95 | x |
| 2016-12-31 | $0.70 | $2.95 | x |
| 2017-12-31 | $0.20 | $2.95 | x |
| 2018-12-31 | $0.48 | $2.95 | x |
| 2019-12-31 | $0.45 | $2.95 | x |
| 2020-12-31 | $-3.52 | $2.95 | x |
| 2021-12-31 | $2.92 | $2.95 | x |
| 2022-12-31 | $-9.66 | $2.95 | x |
| 2023-12-31 | $-15.41 | $2.95 | x |
| 2024-12-31 | $-26.74 | $2.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FAT Brands 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -32.03%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-6.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 44.48% | 35.32% | 0.50x | 2.54x | $2.06 Million |
| 2016 | 45.31% | 41.93% | 0.60x | 1.81x | $2.76 Million |
| 2017 | -30.56% | -28.26% | 0.07x | 15.75x | $-814.90K |
| 2018 | -31.33% | -9.79% | 0.32x | 10.10x | $-2.37 Million |
| 2019 | -18.93% | -4.52% | 0.27x | 15.35x | $-1.56 Million |
| 2020 | 0.00% | -82.02% | 0.15x | 0.00x | $-10.67 Million |
| 2021 | -73.79% | -26.57% | 0.09x | 29.67x | $-35.86 Million |
| 2022 | 0.00% | -30.99% | 0.34x | 0.00x | $-110.27 Million |
| 2023 | 0.00% | -18.76% | 0.35x | 0.00x | $-64.52 Million |
| 2024 | 0.00% | -32.03% | 0.46x | 0.00x | $-144.28 Million |
Industry Comparison
This section compares FAT Brands Inc's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $1,100,683,888
- Average return on equity (ROE) among peers: -9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FAT Brands Inc (FATBW) | $-543.20 Million | 44.48% | N/A | $16.14 Million |
| Alsea S.A.B. de C.V (ALSSF) | $9.60 Billion | 31.08% | 7.07x | $902.51 Million |
| Arcos Dorados Holdings Inc (ARCO) | $695.30 Million | 7.75% | 2.14x | $952.86 Million |
| AmRest Holdings SE (ARHOF) | $264.70 Million | -68.76% | 6.99x | $477.90 Million |
| Ark Restaurants Corp (ARKR) | $7.80 Million | -3.85% | 0.72x | $10.36 Million |
| Big Buck Brewery & Steakhouse Inc (BBUCQ) | $5.62 Million | -39.20% | 3.43x | $1.94 |
| Flanigans Enterprises Inc (BDL) | $7.67 Million | 17.79% | 0.46x | $18.25 Million |
| Bagger Dave's Burger Tavern Inc (BDVB) | $2.41 Million | -143.08% | 1.53x | $654.12K |
| BurgerFi International, Inc. (BFICQ) | $78.95 Million | -131.01% | 2.51x | $1.57K |
| Biglari Holdings Inc (BH-A) | $1.80 Million | 233.33% | 36.28x | $310.04 Million |
| BJs Restaurants Inc (BJRI) | $345.51 Million | 1.18% | 2.51x | $663.68 Million |