Good Times Restaurants Inc (GTIM) - Net Assets
Based on the latest financial reports, Good Times Restaurants Inc (GTIM) has net assets worth $34.02 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($82.51 Million) and total liabilities ($48.49 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. Check GTIM financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $34.02 Million |
| % of Total Assets | 41.23% |
| Annual Growth Rate | 10.32% |
| 5-Year Change | 9.53% |
| 10-Year Change | -10.55% |
| Growth Volatility | 64.36 |
Good Times Restaurants Inc - Net Assets Trend (1991–2025)
This chart illustrates how Good Times Restaurants Inc's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Good Times Restaurants Inc for the complete picture of this company's asset base.
Annual Net Assets for Good Times Restaurants Inc (1991–2025)
The table below shows the annual net assets of Good Times Restaurants Inc from 1991 to 2025. For live valuation and market cap data, see Good Times Restaurants Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $33.81 Million | +2.19% |
| 2024-09-30 | $33.09 Million | +0.28% |
| 2023-09-30 | $32.99 Million | +18.73% |
| 2022-09-30 | $27.79 Million | -9.98% |
| 2021-09-30 | $30.87 Million | +106.03% |
| 2020-09-30 | $14.98 Million | -48.19% |
| 2019-09-30 | $28.92 Million | -22.30% |
| 2018-09-30 | $37.22 Million | -0.17% |
| 2017-09-30 | $37.28 Million | -1.36% |
| 2016-09-30 | $37.80 Million | -1.20% |
| 2015-09-30 | $38.26 Million | +187.19% |
| 2014-09-30 | $13.32 Million | +81.96% |
| 2013-09-30 | $7.32 Million | +124.57% |
| 2012-09-30 | $3.26 Million | +29.37% |
| 2011-09-30 | $2.52 Million | +48.76% |
| 2010-09-30 | $1.69 Million | -61.31% |
| 2009-09-30 | $4.38 Million | -26.95% |
| 2008-09-30 | $5.99 Million | -15.40% |
| 2007-09-30 | $7.08 Million | +3.01% |
| 2006-09-30 | $6.88 Million | +3.90% |
| 2005-09-30 | $6.62 Million | +64.82% |
| 2004-09-30 | $4.02 Million | -14.48% |
| 2003-09-30 | $4.70 Million | -7.38% |
| 2002-09-30 | $5.07 Million | +4.64% |
| 2001-09-30 | $4.84 Million | -3.83% |
| 2000-09-30 | $5.04 Million | -6.70% |
| 1999-09-30 | $5.40 Million | +28.57% |
| 1998-09-30 | $4.20 Million | -6.67% |
| 1997-09-30 | $4.50 Million | -4.26% |
| 1996-09-30 | $4.70 Million | -29.85% |
| 1995-09-30 | $6.70 Million | -22.09% |
| 1994-09-30 | $8.60 Million | +196.55% |
| 1993-09-30 | $2.90 Million | -14.71% |
| 1992-09-30 | $3.40 Million | +183.33% |
| 1991-09-30 | $1.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Good Times Restaurants 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 1479800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.00K | 0.04% |
| Other Components | $49.64 Million | 150.17% |
| Total Equity | $33.06 Million | 100.00% |
Good Times Restaurants Inc Competitors by Market Cap
The table below lists competitors of Good Times Restaurants Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rail Vision Ltd. Ordinary Share
NASDAQ:RVSN
|
$12.67 Million |
|
Société Hôtelière et Immobilière de Nice S.A
PA:MLHIN
|
$12.67 Million |
|
WISDOM ED.INTL.HLD.HD-01
F:5Q4
|
$12.68 Million |
|
Park Ha Biological Technology Co., Ltd.
NASDAQ:BYAH
|
$12.69 Million |
|
Chitose Internasional Tbk
JK:CINT
|
$12.66 Million |
|
Nukkleus Inc
NASDAQ:NUKK
|
$12.65 Million |
|
Rajshree Polypack Limited
NSE:RPPL
|
$12.65 Million |
|
Lodestar Minerals Ltd
AU:LSR
|
$12.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Good Times Restaurants Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,371,000 to 33,058,000, a change of 687,000 (2.1%).
- Net income of 1,024,000 contributed positively to equity growth.
- Share repurchases of 391,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.02 Million | +3.1% |
| Share Repurchases | $391.00K | -1.18% |
| Other Changes | $54.00K | +0.16% |
| Total Change | $- | 2.12% |
Book Value vs Market Value Analysis
This analysis compares Good Times Restaurants 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: 0.41x
- 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.
- The price-to-book ratio has increased from 0.29x to 0.41x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-09-30 | $4.40 | $1.28 | x |
| 1992-09-30 | $14.73 | $1.28 | x |
| 1993-09-30 | $13.65 | $1.28 | x |
| 1994-09-30 | $21.00 | $1.28 | x |
| 1995-09-30 | $10.91 | $1.28 | x |
| 1996-09-30 | $6.75 | $1.28 | x |
| 1997-09-30 | $6.60 | $1.28 | x |
| 1998-09-30 | $7.02 | $1.28 | x |
| 1999-09-30 | $5.39 | $1.28 | x |
| 2000-09-30 | $5.17 | $1.28 | x |
| 2001-09-30 | $5.06 | $1.28 | x |
| 2002-09-30 | $5.25 | $1.28 | x |
| 2003-09-30 | $5.19 | $1.28 | x |
| 2004-09-30 | $4.35 | $1.28 | x |
| 2005-09-30 | $7.49 | $1.28 | x |
| 2006-09-30 | $5.97 | $1.28 | x |
| 2007-09-30 | $4.78 | $1.28 | x |
| 2008-09-30 | $4.17 | $1.28 | x |
| 2009-09-30 | $3.04 | $1.28 | x |
| 2010-09-30 | $1.09 | $1.28 | x |
| 2011-09-30 | $0.94 | $1.28 | x |
| 2012-09-30 | $1.12 | $1.28 | x |
| 2013-09-30 | $2.39 | $1.28 | x |
| 2014-09-30 | $2.17 | $1.28 | x |
| 2015-09-30 | $3.64 | $1.28 | x |
| 2016-09-30 | $2.94 | $1.28 | x |
| 2017-09-30 | $2.81 | $1.28 | x |
| 2018-09-30 | $2.73 | $1.28 | x |
| 2019-09-30 | $2.31 | $1.28 | x |
| 2020-09-30 | $1.09 | $1.28 | x |
| 2021-09-30 | $2.32 | $1.28 | x |
| 2022-09-30 | $2.12 | $1.28 | x |
| 2023-09-30 | $2.75 | $1.28 | x |
| 2024-09-30 | $2.90 | $1.28 | x |
| 2025-09-30 | $3.09 | $1.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Good Times Restaurants 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): 3.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.72%
- • Asset Turnover: 1.69x
- • Equity Multiplier: 2.54x
- Recent ROE (3.10%) is above the historical average (-19.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | -37.50% | -15.00% | 1.11x | 2.25x | $-380.00K |
| 1992 | -16.67% | -4.35% | 1.83x | 2.10x | $-800.00K |
| 1993 | -23.08% | -4.29% | 2.26x | 2.38x | $-860.00K |
| 1994 | -2.86% | -1.33% | 1.17x | 1.83x | $-900.00K |
| 1995 | -42.00% | -12.00% | 1.88x | 1.86x | $-2.60 Million |
| 1996 | -66.67% | -15.63% | 1.78x | 2.40x | $-2.30 Million |
| 1997 | -37.93% | -9.24% | 1.65x | 2.48x | $-1.39 Million |
| 1998 | -7.41% | -1.53% | 1.98x | 2.44x | $-470.00K |
| 1999 | -6.68% | -1.85% | 1.74x | 2.07x | $-684.00K |
| 2000 | -7.14% | -1.85% | 1.70x | 2.27x | $-657.60K |
| 2001 | -2.15% | -0.49% | 1.80x | 2.45x | $-458.40K |
| 2002 | 6.10% | 1.41% | 1.95x | 2.21x | $-158.60K |
| 2003 | -5.92% | -1.50% | 2.04x | 1.93x | $-624.20K |
| 2004 | -19.87% | -4.21% | 2.19x | 2.15x | $-999.60K |
| 2005 | -6.97% | -2.46% | 1.80x | 1.57x | $-1.02 Million |
| 2006 | 0.28% | 0.08% | 1.96x | 1.76x | $-591.20K |
| 2007 | 0.46% | 0.12% | 2.16x | 1.82x | $-604.30K |
| 2008 | -19.89% | -4.16% | 2.17x | 2.20x | $-1.62 Million |
| 2009 | -41.67% | -7.28% | 2.21x | 2.60x | $-2.04 Million |
| 2010 | -206.48% | -14.05% | 2.51x | 5.86x | $-3.07 Million |
| 2011 | -43.95% | -4.92% | 2.94x | 3.04x | $-1.24 Million |
| 2012 | -25.42% | -3.94% | 2.79x | 2.31x | $-1.08 Million |
| 2013 | -9.70% | -3.00% | 2.32x | 1.39x | $-1.39 Million |
| 2014 | -5.18% | -2.49% | 1.64x | 1.27x | $-2.02 Million |
| 2015 | -2.07% | -1.80% | 0.91x | 1.26x | $-4.62 Million |
| 2016 | -3.66% | -2.05% | 1.37x | 1.30x | $-4.93 Million |
| 2017 | -6.52% | -2.85% | 1.43x | 1.60x | $-5.71 Million |
| 2018 | -3.04% | -1.04% | 1.63x | 1.79x | $-4.43 Million |
| 2019 | -17.76% | -4.64% | 1.85x | 2.07x | $-8.03 Million |
| 2020 | -101.65% | -12.67% | 1.10x | 7.28x | $-15.29 Million |
| 2021 | 56.43% | 13.54% | 1.32x | 3.15x | $13.81 Million |
| 2022 | -9.97% | -1.91% | 1.60x | 3.26x | $-5.29 Million |
| 2023 | 34.04% | 8.02% | 1.52x | 2.80x | $7.83 Million |
| 2024 | 4.98% | 1.13% | 1.63x | 2.69x | $-1.62 Million |
| 2025 | 3.10% | 0.72% | 1.69x | 2.54x | $-2.28 Million |
Industry Comparison
This section compares Good Times Restaurants Inc's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $227,934,900
- Average return on equity (ROE) among peers: 15.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Good Times Restaurants Inc (GTIM) | $34.02 Million | -37.50% | 1.43x | $12.67 Million |
| Arcos Dorados Holdings Inc (ARCO) | $549.20 Million | 19.30% | 2.25x | $1.15 Billion |
| Ark Restaurants Corp (ARKR) | $24.83 Million | 13.37% | 0.76x | $24.27 Million |
| Flanigans Enterprises Inc (BDL) | $23.52 Million | 7.14% | 0.59x | $58.55 Million |
| BurgerFi International, Inc. (BFICQ) | $78.95 Million | -131.01% | 2.51x | $2.74K |
| Biglari Holdings Inc (BH) | $19.70 Million | 36.55% | 3.08x | $604.53 Million |
| Biglari Holdings Inc (BH-A) | $401.21 Million | 5.38% | 0.93x | $326.35 Million |
| BJs Restaurants Inc (BJRI) | $129.90 Million | 6.43% | 0.26x | $714.98 Million |
| Bloomin Brands Inc (BLMN) | $49.47 Million | 202.63% | 51.01x | $485.45 Million |
| Black Rock Coffee Bar, Inc. Class A Common Stock (BRCB) | $104.71 Million | -15.70% | 2.21x | $211.14 Million |
| Dutch Bros Inc (BROS) | $897.87 Million | 8.89% | 2.35x | $7.24 Billion |
About Good Times Restaurants Inc
Good Times Restaurants Inc., through its subsidiaries, engages in the restaurant business in the United States. It owns, operates, and franchises Good Times Burgers & Frozen Custard, a quick-service drive-through dining restaurant; and owns, operates, franchises, and licenses Bad Daddy's Burger Bar, a full-service upscale casual dining restaurant. Good Times Restaurants Inc. was incorporated in 1… Read more