Flanigan's Enterprises Inc

Flanigan's Enterprises maintains a conservative capital structure with a debt-to-equity ratio of 0.32 and a current ratio of 1.69, indicating moderate liquidity risk. The company holds $20.09 million in cash and equivalents, which is partially offset by $20.62 million in long-term debt, resulting in a net cash position of -$0.53 million. This suggests limited flexibility for large-scale capital deployment without external financing [doc:HA-latest]. Profitability metrics show a return on equity (ROE) of 7.72% and a return on assets (ROA) of 3.58%, both below the industry median for Restaurants & Bars. The company's gross margin is 57.44% (calculated as $117.89 million gross profit / $205.25 million revenue), but operating margin is only 4.26% (calculated as $8.75 million operating income / $205.25 million revenue), indicating high operating costs relative to revenue [doc:HA-latest]. The company operates in two segments: package stores and restaurants. Revenue concentration is not disclosed by segment, but the company operates 32 units, including combination restaurant/package liquor stores. The geographic exposure is not specified in the input data, but the company's operations are likely concentrated in the southeastern United States based on brand recognition and operational history [doc:HA-latest]. Revenue growth is expected to remain flat in the current fiscal year, with no significant changes projected for the next fiscal year. Historical revenue of $205.25 million shows no clear upward or downward trend in the most recent period. The company's free cash flow of $5.86 million provides some capacity for reinvestment or shareholder returns, but capital expenditures of -$5.83 million suggest asset sales or cost reductions [doc:HA-latest]. Risk factors include moderate liquidity risk due to the net cash position and a low dilution risk as shares outstanding remain unchanged between basic and diluted counts. No dilution adjustments are applied in the valuation, and no recent equity issuance is disclosed in the input data [doc:HA-latest]. Recent events include no material filings or transcripts in the input data. The company's 10-K filing would typically disclose risk factors related to regulatory compliance in the restaurant and liquor retail industries, but no specific events are cited in the provided data [doc:HA-latest].