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 | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $124.27M | $124.97M | $115.53M | - | $120.78M | $104.57M | $109.81M | - | $120.20M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | $11.22M | $11.38M | $11.26M | - | $10.84M | $9.43M | $9.87M | - | $10.42M |
| Total Operating Expenses | - | $118.16M | $115.76M | $111.52M | - | $113.08M | $100.86M | $216.76M | - | $123.65M |
| D&A | - | $6.02M | $5.98M | $5.95M | - | $6.05M | $6.29M | $6.14M | - | $5.94M |
| Operating Income | - | $6.12M | $9.21M | $4.01M | - | $7.70M | $3.71M | ($106.95M) | - | ($3.45M) |
| Interest Expense | - | $660.0K | $701.0K | $721.0K | - | $941.0K | $1.28M | $1.51M | - | $1.66M |
| Income Tax | - | $1.62M | $2.51M | $1.03M | - | $962.0K | $3.00M | ($5.99M) | - | $2.56M |
| Net Income | - | $3.84M | $6.00M | $2.63M | - | $5.80M | ($576.0K) | ($102.47M) | - | ($7.67M) |
| EPS - Basic | - | $0.11 | $0.16 | $0.07 | - | $0.16 | ($0.02) | ($2.76) | - | ($0.21) |
| EPS - Diluted | - | $0.10 | $0.16 | $0.07 | - | $0.15 | ($0.02) | ($2.76) | - | ($0.21) |
Balance Sheet
| Line item | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.08M | $3.38M | $6.58M | $7.31M | $7.91M | $5.36M | $10.75M | $38.14M | $1.42M | $8.57M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $3.09M | $2.95M | $2.56M | $2.57M | $2.80M | $2.64M | $2.47M | $3.04M | $3.12M | $2.88M |
| Accounts Payable | $20.01M | $20.83M | $17.22M | $16.41M | $18.68M | $17.62M | $17.82M | $18.60M | $19.65M | $20.75M |
| Current Assets | $15.56M | $17.29M | $19.56M | $19.26M | $19.75M | $15.77M | $21.79M | $45.28M | $18.82M | $32.14M |
| Total Assets | $727.86M | $739.67M | $743.75M | $744.86M | $747.31M | $745.68M | $757.84M | $793.38M | $862.46M | $960.24M |
| Current Liabilities | $95.45M | $88.91M | $85.26M | $83.03M | $86.93M | $83.62M | $80.38M | $81.07M | $72.30M | $78.20M |
| Long-term Debt | $106.26M | $105.18M | $109.12M | $114.06M | $114.00M | $122.92M | $143.85M | $173.79M | $143.73M | $149.65M |
| Total Liabilities | $518.14M | $523.88M | $525.66M | $530.71M | $534.55M | $537.86M | $556.20M | $592.58M | $560.35M | $545.72M |
| Stockholders' Equity | $209.72M | $215.78M | $218.09M | $214.15M | $212.75M | $207.82M | $201.65M | $200.80M | $302.11M | $414.51M |
| Retained Earnings | ($115.24M) | ($108.49M) | ($112.33M) | ($118.33M) | ($120.96M) | ($128.47M) | ($134.27M) | ($133.69M) | ($31.22M) | $82.91M |
Cash Flow
| Line item | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | $6.61M | - | - | - | $9.90M | - | - |
| Investing Cash Flow | - | - | - | ($4.53M) | - | - | - | $1.49M | - | - |
| Financing Cash Flow | - | - | - | ($2.68M) | - | - | - | $29.87M | - | - |
| CapEx | - | - | - | $3.70M | - | - | - | $7.98M | - | - |
| Free Cash Flow | - | - | - | $2.91M | - | - | - | $1.92M | - | - |
Ratios
| Metric | Q4 '21 | Q3 '21 | Q2 '21 | Q1 '21 | Q4 '20 | Q3 '20 | Q2 '20 | Q1 '20 | Q4 '19 | Q3 '19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | 4.9% | 7.4% | 3.5% | - | 6.4% | 3.5% | -97.4% | - | -2.9% |
| EBITDA margin | - | 9.8% | 12.2% | 8.6% | - | 11.4% | 9.6% | -91.8% | - | 2.1% |
| Net margin | - | 3.1% | 4.8% | 2.3% | - | 4.8% | -0.6% | -93.3% | - | -6.4% |
| Free cash flow margin | - | - | - | 2.5% | - | - | - | 1.7% | - | - |
| FCF / Net income | - | - | - | 1.11 | - | - | - | -0.02 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | 9.0% | 9.1% | 9.7% | - | 9.0% | 9.0% | 9.0% | - | 8.7% |
| Effective tax rate | - | 29.6% | 29.5% | 28.1% | - | 14.2% | 123.8% | - | - | - |
| Return on assets | - | 0.5% | 0.8% | 0.4% | - | 0.8% | -0.1% | -12.9% | - | -0.8% |
| Return on equity | - | 1.8% | 2.8% | 1.2% | - | 2.8% | -0.3% | -51.0% | - | -1.9% |
| Return on invested capital | - | 1.3% | 2.0% | 0.9% | - | 2.0% | 0.5% | -22.6% | - | -0.5% |
| Liquidity | ||||||||||
| Current ratio | 0.16 | 0.19 | 0.23 | 0.23 | 0.23 | 0.19 | 0.27 | 0.56 | 0.26 | 0.41 |
| Quick ratio | 0.13 | 0.16 | 0.20 | 0.20 | 0.19 | 0.16 | 0.24 | 0.52 | 0.22 | 0.37 |
| Cash ratio | 0.05 | 0.04 | 0.08 | 0.09 | 0.09 | 0.06 | 0.13 | 0.47 | 0.02 | 0.11 |
| Leverage | ||||||||||
| Debt / Equity | 0.51 | 0.49 | 0.50 | 0.53 | 0.54 | 0.59 | 0.71 | 0.87 | 0.48 | 0.36 |
| Debt / Assets | 0.15 | 0.14 | 0.15 | 0.15 | 0.15 | 0.16 | 0.19 | 0.22 | 0.17 | 0.16 |
| Debt / EBITDA | - | 8.67 | 7.18 | 11.46 | - | 8.94 | 14.40 | - | - | 60.08 |
| Interest coverage | - | 9.3x | 13.1x | 5.6x | - | 8.2x | 2.9x | -70.9x | - | -2.1x |
| Equity multiplier | 3.47 | 3.43 | 3.41 | 3.48 | 3.51 | 3.59 | 3.76 | 3.95 | 2.85 | 2.32 |
| Liabilities / Assets | 0.71 | 0.71 | 0.71 | 0.71 | 0.72 | 0.72 | 0.73 | 0.75 | 0.65 | 0.57 |
| Efficiency | ||||||||||
| Asset turnover | - | 0.17 | 0.17 | 0.16 | - | 0.16 | 0.14 | 0.14 | - | 0.13 |
| 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) | - | 2.9% | 19.5% | 5.2% | - | 0.5% | -13.9% | -3.8% | - | 2.0% |
| Revenue CAGR (3y) | - | 1.8% | 2.0% | 0.9% | - | 2.9% | 0.2% | 1.4% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | -20.6% | 148.5% | - | - | - | -18.0% | - | - | - |
| Net income growth (YoY) | - | -33.8% | - | - | - | - | - | - | - | - |
| EPS growth (YoY) | - | -33.3% | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | -12.6% | 13.3% | -4.4% | - | 4.9% | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | 51.6% | - | - | - | -33.7% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -1.4% | 3.8% | 8.2% | 6.6% | -29.6% | -49.9% | -52.4% | -52.7% | - | -2.1% |
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%
Peer comparison
Same SIC group: Retail-Eating Places
Comparing Del Taco Restaurants against the 5 most active filers in the same SIC group.