TACO · Del Taco Restaurants, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2014 |
|---|---|---|---|---|
| Revenue | $527.36M | $491.88M | $471.46M | $0 |
| Cost of Revenue | - | - | - | - |
| Gross Profit | - | - | - | - |
| R&D | - | - | - | - |
| SG&A | $51.67M | $44.00M | $38.15M | $861.7K |
| Total Operating Expenses | $515.31M | $578.87M | $430.21M | - |
| D&A | $26.20M | $26.60M | $23.36M | - |
| Operating Income | $12.05M | ($86.99M) | $41.25M | ($1.40M) |
| Interest Expense | $2.89M | $4.81M | $7.20M | - |
| Income Tax | $2.48M | ($2.06M) | ($15.82M) | $9.0K |
| Net Income | $5.72M | ($89.74M) | $49.87M | ($1.52M) |
| EPS - Basic | $0.16 | ($2.41) | $1.29 | - |
| EPS - Diluted | $0.15 | ($2.41) | $1.25 | - |
Balance Sheet
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2014 |
|---|---|---|---|---|
| Cash & Equivalents | $5.08M | $7.91M | $1.42M | $230.5K |
| Accounts Receivable | - | - | - | - |
| Inventory | $3.09M | $2.80M | $3.12M | - |
| Accounts Payable | $20.01M | $18.68M | $19.65M | - |
| Current Assets | $15.56M | $19.75M | $18.82M | $290.2K |
| Total Assets | $727.86M | $747.31M | $862.46M | $150.35M |
| Current Liabilities | $95.45M | $86.93M | $72.30M | $660.4K |
| Long-term Debt | $106.26M | $114.00M | $143.73M | - |
| Total Liabilities | $518.14M | $534.55M | $560.35M | $5.91M |
| Stockholders' Equity | $209.72M | $212.75M | $302.11M | $5.00M |
| Retained Earnings | ($115.24M) | ($120.96M) | ($31.22M) | - |
Cash Flow
| Line item | FY 2021 | FY 2020 | FY 2019 | FY 2014 |
|---|---|---|---|---|
| Operating Cash Flow | $45.96M | $59.76M | $57.79M | ($848.0K) |
| Investing Cash Flow | ($25.43M) | ($17.55M) | ($40.69M) | - |
| Financing Cash Flow | ($23.37M) | ($35.72M) | ($19.34M) | $0 |
| CapEx | $23.26M | $22.02M | $50.63M | - |
| Free Cash Flow | $22.71M | $37.74M | $7.16M | - |
Ratios
| Metric | FY 2021 | FY 2020 | FY 2019 | FY 2014 |
|---|---|---|---|---|
| Profitability | ||||
| Gross margin | - | - | - | - |
| Operating margin | 2.3% | -17.7% | 8.7% | - |
| EBITDA margin | 7.3% | -12.3% | 13.7% | - |
| Net margin | 1.1% | -18.2% | 10.6% | - |
| Free cash flow margin | 4.3% | 7.7% | 1.5% | - |
| FCF / Net income | 3.97 | -0.42 | 0.14 | - |
| R&D / Revenue | - | - | - | - |
| SG&A / Revenue | 9.8% | 8.9% | 8.1% | - |
| Effective tax rate | 30.3% | - | -46.5% | - |
| Return on assets | 0.8% | -12.0% | 5.8% | -1.0% |
| Return on equity | 2.7% | -42.2% | 16.5% | -30.5% |
| Return on invested capital | 2.7% | -21.0% | 9.3% | - |
| Liquidity | ||||
| Current ratio | 0.16 | 0.23 | 0.26 | 0.44 |
| Quick ratio | 0.13 | 0.19 | 0.22 | 0.44 |
| Cash ratio | 0.05 | 0.09 | 0.02 | 0.35 |
| Leverage | ||||
| Debt / Equity | 0.51 | 0.54 | 0.48 | - |
| Debt / Assets | 0.15 | 0.15 | 0.17 | - |
| Debt / EBITDA | 2.78 | - | 2.22 | - |
| Interest coverage | 4.2x | -18.1x | 5.7x | - |
| Equity multiplier | 3.47 | 3.51 | 2.85 | 30.07 |
| Liabilities / Assets | 0.71 | 0.72 | 0.65 | 0.04 |
| Efficiency | ||||
| Asset turnover | 0.72 | 0.66 | 0.55 | 0.00 |
| Inventory turnover | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days inventory outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Cash conversion cycle | - | - | - | - |
| Valuation | ||||
| P / E | - | - | - | - |
| P / B | - | - | - | - |
| P / S | - | - | - | - |
| EV / EBITDA | - | - | - | - |
| Growth | ||||
| Revenue growth (YoY) | 7.2% | 4.3% | - | - |
| Revenue CAGR (3y) | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - |
| Net income growth (YoY) | - | - | - | - |
| EPS growth (YoY) | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - |
| FCF growth (YoY) | -39.8% | 427.1% | - | - |
| FCF CAGR (5y) | - | - | - | - |
| Book value growth (YoY) | -1.4% | -29.6% | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-28.
Product / service
$527.36M totalProduct$475.70M · 90.2%
Franchise$23.67M · 4.5%
Franchise Advertising Contribution$17.65M · 3.3%
Franchise Sublease Income$10.34M · 2.0%
Stability scores
Altman Z′
FY 2021 · bankruptcy risk
0.73
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2021 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Retail-Eating Places
Comparing Del Taco Restaurants against the 5 most active filers in the same SIC group.