First Watch Restaurant Group Inc (FWRG) - Total Liabilities
Based on the latest financial reports, First Watch Restaurant Group Inc (FWRG) has total liabilities worth $1.11 Billion USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Check FWRG asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
First Watch Restaurant Group Inc - Total Liabilities Trend (2018–2024)
This chart illustrates how First Watch Restaurant Group Inc's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see FWRG total assets.
First Watch Restaurant Group Inc Competitors by Total Liabilities
The table below lists competitors of First Watch Restaurant Group Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Cyient DLM Limited
NSE:CYIENTDLM
|
India | Rs6.94 Billion |
|
Lingyuan Iron & Steel Co Ltd
SHG:600231
|
China | CN¥11.73 Billion |
|
Jinxi Axle Co Ltd
SHG:600495
|
China | CN¥760.99 Million |
|
SUPER HI INTERNATIONAL HOLDING LTD. American Depositary Shares
NASDAQ:HDL
|
USA | $354.24 Million |
|
Shanghai Golden Union Commercial Management Co Ltd
SHG:603682
|
China | CN¥3.88 Billion |
|
LiJiang YuLong Tourism Co Ltd
SHE:002033
|
China | CN¥337.82 Million |
|
TSRC Corp
TW:2103
|
Taiwan | NT$22.70 Billion |
|
Guilin Layn Natural Ingredients Corp
SHE:002166
|
China | CN¥1.85 Billion |
Liability Composition Analysis (2018–2024)
This chart breaks down First Watch Restaurant Group Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See First Watch Restaurant Group Inc balance sheet quality to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.25 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.83 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.65 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how First Watch Restaurant Group Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for First Watch Restaurant Group Inc (2018–2024)
The table below shows the annual total liabilities of First Watch Restaurant Group Inc from 2018 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $918.97 Million | +30.21% |
| 2023-12-31 | $705.76 Million | +21.41% |
| 2022-12-31 | $581.31 Million | +7.16% |
| 2021-12-31 | $542.49 Million | -20.99% |
| 2020-12-31 | $686.65 Million | +5.27% |
| 2019-12-31 | $652.28 Million | +125.05% |
| 2018-12-31 | $289.84 Million | -- |
About First Watch Restaurant Group Inc
First Watch Restaurant Group, Inc., through its subsidiaries, operates and franchises restaurants under the First Watch trade name in the United States. The company was formerly known as AI Fresh Super Holdco, Inc. and changed its name to First Watch Restaurant Group, Inc. in December 2019. The company was founded in 1983 and is based in Bradenton, Florida.