Kura Sushi USA, Inc. (KRUS) financial statements (2022 and earlier)

Company profile

Business Address 17461 DERIAN AVE.
IRVINE, CA 92614
State of Incorp. DE
Fiscal Year End August 31
SIC 5812 - Eating Places (benchmarking)
More info Complete financial analysis Financial benchmarking

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

11/30/2021
TTM
8/31/2021
8/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments44,42140,4309,259
Cash and cash equivalents44,42140,4309,259
Receivables 3292,142
Inventory, net of allowances, customer advances and progress billings820733367
Inventory820733367
Prepaid expense1,3911,732885
Other current assets207218375
Other undisclosed current assets6,09614,0261,750
Total current assets:52,93557,46814,778
Noncurrent Assets
Operating lease, right-of-use asset63,68064,15856,119
Property, plant and equipment59,89353,88545,541
Other undisclosed noncurrent assets2,3112,1581,941
Total noncurrent assets:125,884120,201103,601
TOTAL ASSETS:178,819177,669118,379
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities11,87610,4016,894
Accounts payable6,2224,9204,919
Employee-related liabilities4,7554,6121,786
Taxes payable899869189
Debt8459321,004
Due to related parties326244201
Other undisclosed current liabilities9,7018,4705,826
Total current liabilities:22,74820,04713,925
Noncurrent Liabilities
Long-term debt and lease obligation65,63966,38058,399
Finance lease, liability3745461,481
Operating lease, liability65,26565,83456,918
Liabilities, other than long-term debt401398342
Other liabilities401398342
Total noncurrent liabilities:66,04066,77858,741
Total liabilities:88,78886,82572,666
Stockholders' equity
Stockholders' equity attributable to parent, including:90,03190,84445,713
Additional paid in capital116,218115,75660,332
Accumulated deficit(26,197)(24,922)(14,627)
Other undisclosed stockholders' equity attributable to parent10108
Total stockholders' equity:90,03190,84445,713
TOTAL LIABILITIES AND EQUITY:178,819177,669118,379

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

11/30/2021
TTM
8/31/2021
8/31/2020
Revenues85,30964,89145,168
Cost of revenue
(Cost of Goods and Services Sold)
(4,370)(4,126)(50)
Gross profit:80,93960,76545,118
Operating expenses(90,271)(74,880)(61,666)
Other undisclosed operating income4,3704,12650
Operating loss:(4,962)(9,989)(16,498)
Nonoperating income
(Investment Income, Nonoperating)
4220450
Interest and debt expense(211)(220)(136)
Loss from continuing operations before income taxes:(5,131)(10,189)(16,184)
Income tax expense(89)(106)(1,174)
Net loss available to common stockholders, diluted:(5,220)(10,295)(17,358)

Comprehensive Income ($ in thousands)

11/30/2021
TTM
8/31/2021
8/31/2020
Net loss:(5,220)(10,295)(17,358)
Comprehensive loss, net of tax, attributable to parent:(5,220)(10,295)(17,358)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: