Good Times Restaurants Inc. (GTIM) financial statements (2023 and earlier)

Company profile

Business Address 651 CORPORATE CIRCLE
GOLDEN, CO 80401
State of Incorp. NV
Fiscal Year End September 30
SIC 5812 - Eating Places (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7,6408,85611,4542,7453,4774,3376,330
Cash and cash equivalents7,6408,85611,4542,7453,4774,3376,330
Receivables2,3506446698101,735573425
Inventory, net of allowances, customer advances and progress billings1,3091,3031,0931,1281,004847631
Inventory1,3091,3031,0931,1281,004847631
Other undisclosed current assets1,572641275232165309407
Total current assets:12,87111,44413,4914,9156,3816,0667,793
Noncurrent Assets
Property, plant and equipment26,32427,22727,66935,67735,24528,46919,599
Other noncurrent assets54,19955,01058,53319,31319,32419,39719,392
Other undisclosed noncurrent assets     1,22193
Total noncurrent assets:80,52382,23786,20254,99054,56949,08739,084
TOTAL ASSETS:93,39493,68199,69359,90560,95055,15346,877
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7,7147,8907,6369,1498,2266,8585,080
Accounts payable5931,4962,5813,7743,7743,3111,918
Accrued liabilities7,1216,3945,0555,3754,4523,5473,162
Deferred revenue63616979
Debt  6,242 171719
Deferred compensation liability  1,200    
Deferred revenue and credits4123
Other undisclosed current liabilities5,0514,9353,489 92  
Total current liabilities:12,82812,88618,6369,2288,3356,9165,122
Noncurrent Liabilities
Long-term debt and lease obligation, including:48,78449,72310,90312,8507,4725,33919
Operating lease, liability48,78449,72353,731 
Other undisclosed long-term debt and lease obligation  (42,828)12,8507,4725,33919
Liabilities, other than long-term debt   328359165205
Deferred revenue and credits155183
Deferred gain on sale of property   320351
Other liabilities   881022
Other undisclosed noncurrent liabilities(48,591)(49,521)1,4408,5797,5635,4493,733
Total noncurrent liabilities:48,97749,92566,07421,75715,39410,9533,957
Total liabilities:61,80562,81184,71030,98523,72917,8699,079
Stockholders' equity
Stockholders' equity attributable to parent30,17729,74613,69027,39833,98334,57136,078
Common stock13131313121212
Treasury stock, value(1,608)(1,608)(75)    
Additional paid in capital59,12259,02158,21957,93659,38558,93958,191
Accumulated deficit(27,350)(27,680)(44,467)(30,551)(25,414)(24,380)(22,125)
Stockholders' equity attributable to noncontrolling interest1,4121,1241,2931,5223,2382,7131,720
Total stockholders' equity:31,58930,87014,98328,92037,22137,28437,798
TOTAL LIABILITIES AND EQUITY:93,39493,68199,69359,90560,95055,15346,877

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

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Revenues129,573123,953109,858110,75899,24079,08064,439
Revenue, net79,08064,439
Cost of revenue(15,580)(14,911)(13,351)(99,636)(88,942)(71,610)(56,936)
Cost of goods and services sold(15,580)(14,911)(13,351)(97,862)(86,158)(71,610)(56,936)
Gross profit:113,993109,04296,50711,12210,2987,4707,503
Operating expenses(121,019)(114,947)(104,280)(12,232)(7,894)(7,198)(7,803)
Other undisclosed operating income (loss)13,93612,802(4,268)(2,385)(2,032)(1,694) 
Operating income (loss):6,9106,897(12,041)(3,495)372(1,422)(300)
Nonoperating income (expense)11,60711,509(753)(753)(389)(183)(165)
Other nonoperating expense    (1)(1)(57)
Interest and debt expense11,77811,778(755)(756)(392)(191)(126)
Income (loss) from continuing operations before equity method investments, income taxes:30,29530,184(13,549)(5,004)(409)(1,796)(591)
Other undisclosed loss from continuing operations before income taxes(11,796)(11,778)     
Income (loss) from continuing operations before income taxes:18,49918,406(13,549)(5,004)(409)(1,796)(591)
Income tax expense(8)(6)     
Other undisclosed loss from continuing operations(6)      
Income (loss) before gain (loss) on sale of properties:18,48518,400(13,549)(5,004)(409)(1,796)(591)
Other undisclosed net income  755756392191126
Net income (loss):18,48518,400(12,794)(4,248)(17)(1,605)(465)
Net loss attributable to noncontrolling interest(2,170)(1,613)(1,122)(889)(1,017)(650)(856)
Net income (loss) available to common stockholders, diluted:16,31516,787(13,916)(5,137)(1,034)(2,255)(1,321)

Comprehensive Income ($ in thousands)

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Net income (loss):18,48518,400(12,794)(4,248)(17)(1,605)(465)
Comprehensive income (loss):18,48518,400(12,794)(4,248)(17)(1,605)(465)
Comprehensive loss, net of tax, attributable to noncontrolling interest(2,170)(1,613)(1,122)(889)(1,017)(650)(856)
Comprehensive income (loss), net of tax, attributable to parent:16,31516,787(13,916)(5,137)(1,034)(2,255)(1,321)

Statements sources

The financial statements are based on the company's filings with the 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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