First Retained Earnings vs Accounts Payable Analysis
| FWRG Stock | USD 18.88 0.39 2.02% |
First Watch financial indicator trend analysis is much more than just examining First Watch Restaurant latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Watch Restaurant is a good investment. Please check the relationship between First Watch Retained Earnings and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Watch Restaurant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Retained Earnings vs Accounts Payable
Retained Earnings vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Watch Restaurant Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between First Watch's Retained Earnings and Accounts Payable is -0.53. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of First Watch Restaurant, assuming nothing else is changed. The correlation between historical values of First Watch's Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of First Watch Restaurant are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., First Watch's Retained Earnings and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.53 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Accounts Payable
An accounting item on the balance sheet that represents First Watch obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of First Watch Restaurant are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from First Watch's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Watch Restaurant current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Watch Restaurant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At this time, First Watch's Enterprise Value Over EBITDA is most likely to decrease significantly in the upcoming years. The First Watch's current Enterprise Value Multiple is estimated to increase to 23.57, while Issuance Of Capital Stock is projected to decrease to 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 127.5M | 139.5M | 190.1M | 118.4M | Total Revenue | 601.2M | 730.2M | 891.6M | 614.4M |
First Watch fundamental ratios Correlations
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First Watch Account Relationship Matchups
High Positive Relationship
High Negative Relationship
First Watch fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 982.1M | 1.0B | 1.0B | 1.1B | 1.3B | 1.1B | |
| Other Current Liab | 30.4M | 24.3M | 37.1M | 40.6M | 57.3M | 40.5M | |
| Total Current Liabilities | 73.0M | 76.5M | 96.5M | 100.0M | 115.1M | 91.3M | |
| Total Stockholder Equity | 329.8M | 320.9M | 504.4M | 523.1M | 561.3M | 479.2M | |
| Other Liab | 33.2M | 15.9M | 15.7M | 20.6M | 18.5M | 23.2M | |
| Net Tangible Assets | (160.0M) | (168.0M) | 16.2M | 34.8M | 40.0M | 42.0M | |
| Property Plant And Equipment Net | 466.8M | 468.3M | 489.7M | 547.5M | 683.1M | 509.7M | |
| Net Debt | 565.3M | 599.1M | 422.1M | 457.7M | 557.3M | 474.0M | |
| Retained Earnings | (53.3M) | (102.9M) | (105.0M) | (98.1M) | (72.7M) | (76.4M) | |
| Accounts Payable | 5.1M | 4.2M | 11.1M | 7.6M | 6.3M | 7.3M | |
| Cash | 11.1M | 38.8M | 51.9M | 49.7M | 49.6M | 39.9M | |
| Non Current Assets Total | 957.8M | 958.5M | 979.2M | 1.0B | 1.2B | 1.1B | |
| Non Currrent Assets Other | 1.2M | 1.3M | 1.3M | (15.9M) | 1.7M | 1.8M | |
| Other Assets | 1.2M | 1.3M | 1.3M | 1.3M | 1.5M | 1.4M | |
| Cash And Short Term Investments | 11.1M | 38.8M | 51.9M | 49.7M | 49.6M | 39.9M | |
| Net Receivables | 5.7M | 3.9M | 4.5M | 6.2M | 5.5M | 5.1M | |
| Non Current Liabilities Total | 579.3M | 610.1M | 446.0M | 481.3M | 590.7M | 530.9M | |
| Inventory | 2.7M | 2.9M | 4.0M | 5.0M | 5.4M | 4.1M | |
| Other Current Assets | 253K | 621K | 1.4M | 373K | 2.4M | 1.9M | |
| Other Stockholder Equity | 382.6M | 423.3M | 608.9M | 620.7M | 634.1M | 559.5M | |
| Total Liab | 652.3M | 686.6M | 542.5M | 581.3M | 705.8M | 634.0M | |
| Total Current Assets | 24.2M | 49.0M | 67.7M | 67.3M | 71.2M | 56.6M | |
| Intangible Assets | 144.6M | 143.7M | 143M | 143.2M | 151.2M | 120.5M | |
| Property Plant Equipment | 466.8M | 468.3M | 489.7M | 547.5M | 629.6M | 461.4M |
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Additional Information and Resources on Investing in First Stock
When determining whether First Watch Restaurant is a strong investment it is important to analyze First Watch's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Watch's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Watch Restaurant. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Watch. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Watch listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Earnings Share 0.38 | Revenue Per Share 15.448 | Quarterly Revenue Growth 0.147 | Return On Assets 0.0226 |
The market value of First Watch Restaurant is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Watch's value that differs from its market value or its book value, called intrinsic value, which is First Watch's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Watch's market value can be influenced by many factors that don't directly affect First Watch's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Watch's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Watch is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Watch's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.