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. Explore FWRG cash generation efficiency to assess how effectively this company generates cash.
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. Check how resilient are First Watch Restaurant Group Inc's assets to evaluate the company's liquid asset resilience ratio.
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 |
|---|---|---|
|
Jianmin Pharmaceutical Group Co Ltd
SHG:600976
|
China | CN¥1.92 Billion |
|
Jilin Yatai Group Co Ltd
SHG:600881
|
China | CN¥40.25 Billion |
|
Frontera Energy Corp
TO:FEC
|
Canada | CA$1.20 Billion |
|
Zhejiang Tongli Transmission Technology Co. Ltd. A
SHE:301255
|
China | CN¥511.87 Million |
|
Norva24 Group AB
ST:NORVA
|
Sweden | Skr2.77 Billion |
|
Bravura Solutions Ltd
AU:BVS
|
Australia | AU$94.57 Million |
|
Annil Co Ltd
SHE:002875
|
China | CN¥433.86 Million |
|
Beijing SPC Environment Protection Tech Co Ltd
SHE:002573
|
China | CN¥16.85 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. For the full company profile including market capitalisation, see FWRG stock market capitalisation.
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.