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
BurgerFi International, Inc. (BFICQ) - Total Assets
Latest total assets as of March 2024: $252.61 Million USD
Based on the latest financial reports, BurgerFi International, Inc. (BFICQ) holds total assets worth $252.61 Million USD as of March 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
BurgerFi International, Inc. - Total Assets Trend (2020–2023)
This chart illustrates how BurgerFi International, Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
BurgerFi International, Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
BurgerFi International, Inc.'s total assets of $252.61 Million consist of 4.8% current assets and 95.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.9% |
| Accounts Receivable | $1.37 Million | 0.5% |
| Inventory | $1.19 Million | 0.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $150.86 Million | 58.4% |
| Goodwill | $31.62 Million | 12.2% |
Asset Composition Trend (2020–2023)
This chart illustrates how BurgerFi International, Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: BurgerFi International, Inc.'s current assets represent 4.8% of total assets in 2023, a decrease from 15.1% in 2020.
- Cash Position: Cash and equivalents constituted 2.9% of total assets in 2023, down from 12.9% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 70.0% of total assets, a decrease from 81.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 58.4% of total assets.
BurgerFi International, Inc. Competitors by Total Assets
Key competitors of BurgerFi International, Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mr. Onion
TWO:2740
|
Taiwan | NT$124.93 Million |
|
Loungers PLC
LSE:LGRS
|
UK | GBX409.83 Million |
|
Young & Co.'s Brewery P.L.C.
PINK:YCSBF
|
USA | $1.31 Billion |
|
KINGZA International CO.,Ltd.
TWO:2751
|
Taiwan | NT$1.25 Billion |
|
Tofu Restaurant Co Ltd
TWO:2752
|
Taiwan | NT$2.27 Billion |
|
XiAn Catering Co Ltd
SHE:000721
|
China | CN¥1.26 Billion |
|
China Quanjude Group Co Ltd
SHE:002186
|
China | CN¥1.54 Billion |
|
Cloud Live Technology Group Co Ltd
SHE:002306
|
China | CN¥759.24 Million |
BurgerFi International, Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - BurgerFi International, Inc. generates 0.66x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - BurgerFi International, Inc. is currently not profitable relative to its asset base.
BurgerFi International, Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.12 | 0.46 | 0.46 |
| Quick Ratio | 0.10 | 0.42 | 0.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-72.64 Million | $ -19.68 Million | $ -19.68 Million |
BurgerFi International, Inc. - Advanced Valuation Insights
This section examines the relationship between BurgerFi International, Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.00 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -6.6% |
| Total Assets | $258.48 Million |
| Market Capitalization | $1.57K USD |
Valuation Analysis
Below Book Valuation: The market values BurgerFi International, Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: BurgerFi International, Inc.'s assets decreased by 6.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for BurgerFi International, Inc. (2020–2023)
The table below shows the annual total assets of BurgerFi International, Inc. from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $258.48 Million | -6.61% |
| 2022-12-31 | $276.78 Million | -12.89% |
| 2021-12-31 | $317.72 Million | +9.89% |
| 2020-12-31 | $289.12 Million | -- |