Del Taco Restaurants, Inc. (TACO) Financial Statements (2024 and earlier)

Company Profile

Business Address 25521 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 5812 - Eating Places (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2021
Q4
8/31/2021
Q3
5/31/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
8/31/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,3846,5807,3107,9125,35910,749
Cash and cash equivalents3,3846,5807,3107,9125,35910,749
Inventory, net of allowances, customer advances and progress billings2,9522,5572,5742,7992,6402,471
Inventory2,9522,5572,5742,7992,6402,471
Asset, held-for-sale, not part of disposal group 1,4681,4681,4951,4951,4951,495
Other undisclosed current assets9,4838,9587,8817,5416,2727,077
Total current assets:17,28719,56319,26019,74715,76621,792
Noncurrent Assets
Operating lease, right-of-use asset243,595246,258248,655249,071250,154253,180
Property, plant and equipment146,276145,638144,923146,706147,569150,245
Intangible assets, net (including goodwill)326,249326,523326,814327,133327,581327,922
Goodwill108,979108,979108,979108,979108,979108,979
Intangible assets, net (excluding goodwill)217,270217,544217,835218,154218,602218,943
Other noncurrent assets6,2605,7725,2044,6524,6104,705
Total noncurrent assets:722,380724,191725,596727,562729,914736,052
TOTAL ASSETS:739,667743,754744,856747,309745,680757,844
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities67,56963,55960,91269,85763,30659,518
Taxes payable    1,841  
Accounts payable20,83017,22116,40518,68317,61617,818
Accrued liabilities46,73946,33844,50749,33345,69041,700
Debt5988116190199198
Deferred rent credit     1,3001,300
Restructuring reserve200     
Other undisclosed current liabilities21,08621,61222,00516,88718,81619,367
Total current liabilities:88,91485,25983,03386,93483,62180,383
Noncurrent Liabilities
Long-term debt and lease obligation, including:105,578109,525114,472114,418123,380144,368
Finance lease, liability3740434670105
Other undisclosed long-term debt and lease obligation(140,679)(139,713)(137,285)(137,586)(129,811)(112,014)
Liabilities, other than long-term debt19,82619,45319,79081,28316,27416,020
Deferred income tax liabilities   61,485  
Liability for uncertainty in income taxes   38  
Restructuring reserve 200     
Other liabilities19,62619,45319,79019,76016,27416,020
Operating lease, liability246,220249,198251,714251,958253,121256,277
Other undisclosed noncurrent liabilities309,567311,423313,412251,920314,587315,425
Total noncurrent liabilities:434,971440,401447,674447,621454,241475,813
Total liabilities:523,885525,660530,707534,555537,862556,196
Equity
Equity, attributable to parent215,782218,094214,149212,754207,818201,648
Common stock444444
Additional paid in capital324,269330,419332,476333,712336,285335,912
Accumulated deficit(108,491)(112,329)(118,331)(120,962)(128,471)(134,268)
Total equity:215,782218,094214,149212,754207,818201,648
TOTAL LIABILITIES AND EQUITY:739,667743,754744,856747,309745,680757,844

Income Statement (P&L) ($ in thousands)

12/31/2021
Q4
8/31/2021
Q3
5/31/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
8/31/2020
Q3
6/30/2020
Q2
Revenues124,271124,971115,531156,721120,782104,570
Cost of revenue
(Cost of Goods and Services Sold)
(2,354)(2,092)(2,878)(2,995)(1,766)(1,727)
Gross profit:121,917122,879112,653153,726119,016102,843
Operating expenses(118,156)(115,760)(111,523)(148,165)(113,082)(100,864)
Other undisclosed operating income2,3542,0922,8782,9951,7661,727
Operating income (loss):6,1159,2114,0088,5567,7003,706
Nonoperating income (expense)(660)(701)(348)3,730(941)(1,281)
Other nonoperating income   373   
Interest and debt expense(660)(701)(721)(1,081)(941)(1,281)
Income (loss) from continuing operations before equity method investments, income taxes:4,7957,8092,93911,2055,8181,144
Other undisclosed income (loss) from continuing operations before income taxes660701721(3,730)9411,281
Income (loss) from continuing operations before income taxes:5,4558,5103,6607,4756,7592,425
Income tax expense (benefit)(1,617)(2,508)(1,029)34(962)(3,001)
Income (loss) from continuing operations:3,8386,0022,6317,5095,797(576)
Income (loss) before gain (loss) on sale of properties:3,8386,0022,6317,5095,797(576)
Net income (loss):3,8386,0022,6317,5095,797(576)
Other undisclosed net income attributable to parent      
Net income (loss) available to common stockholders, diluted:3,8386,0022,6317,5095,797(576)

Comprehensive Income ($ in thousands)

12/31/2021
Q4
8/31/2021
Q3
5/31/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
8/31/2020
Q3
6/30/2020
Q2
Net income (loss):3,8386,0022,6317,5095,797(576)
Comprehensive income (loss):3,8386,0022,6317,5095,797(576)
Other undisclosed comprehensive income, net of tax, attributable to parent     7
Comprehensive income (loss), net of tax, attributable to parent:3,8386,0022,6317,5095,797(569)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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