First Other Current Assets from 2010 to 2024

FWRG Stock  USD 17.91  0.09  0.51%   
First Watch's Other Current Assets are decreasing over the last several years with slightly volatile swings. Other Current Assets are predicted to flatten to about 1.9 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2010-12-31
Previous Quarter
2.4 M
Current Value
1.9 M
Quarterly Volatility
4.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Watch financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Watch's main balance sheet or income statement drivers, such as Depreciation And Amortization of 35.7 M, Interest Expense of 10.2 M or Selling General Administrative of 73 M, as well as many indicators such as Price To Sales Ratio of 2.53, Dividend Yield of 0.0 or PTB Ratio of 3.0. First financial statements analysis is a perfect complement when working with First Watch Valuation or Volatility modules.
  
Check out the analysis of First Watch Correlation against competitors.

Latest First Watch's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of First Watch Restaurant over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. First Watch's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Watch's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

First Other Current Assets Regression Statistics

Arithmetic Mean5,931,733
Geometric Mean3,527,462
Coefficient Of Variation68.62
Mean Deviation3,821,120
Median9,116,000
Standard Deviation4,070,173
Sample Variance16.6T
Range8.9M
R-Value(0.82)
Mean Square Error5.9T
R-Squared0.67
Significance0.0002
Slope(745,586)
Total Sum of Squares231.9T

First Other Current Assets History

20241.9 M
20232.4 M
2022373 K
20211.4 M
2020621 K
2019253 K

About First Watch Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include First Watch income statement, its balance sheet, and the statement of cash flows. First Watch investors use historical funamental indicators, such as First Watch's Other Current Assets, to determine how well the company is positioned to perform in the future. Although First Watch investors may use each financial statement separately, they are all related. The changes in First Watch's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Watch's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on First Watch Financial Statements. Understanding these patterns can help to make the right decision on long term investment in First Watch. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets2.4 M1.9 M

Currently Active Assets on Macroaxis

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 the analysis of First Watch Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.