Good Times Restaurants Inc

Good Times Restaurants Inc maintains a conservative capital structure, with a debt-to-equity ratio of 0.07, indicating minimal leverage. The company's liquidity position is characterized by a current ratio of 0.37, suggesting limited short-term liquidity, and a cash and equivalents balance of $2.6 million [doc:HA-latest]. The company's return on equity of 3.1% and return on assets of 1.22% are below the industry median for Restaurants & Bars, indicating suboptimal capital efficiency [doc:HA-latest]. The company's profitability is modest, with a net income of $1.024 million on $141.63 million in revenue, translating to a net margin of 0.72%. This is below the industry median for Restaurants & Bars, which typically sees net margins in the 3-5% range. The operating income of $330,000 reflects a narrow operating margin of 0.23%, further underscoring the company's limited profitability [doc:HA-latest]. Good Times operates two primary restaurant concepts: Bad Daddy's Burger Bar, a full-service casual dining chain with 38 locations, and Good Times Burgers & Frozen Custard, a quick-service drive-thru concept with 27 company-owned and 3 franchised locations. The company's geographic exposure is concentrated in seven U.S. states, with no international presence. The revenue concentration is primarily within the U.S., with no material exposure to international markets [doc:HA-latest]. The company's growth trajectory is modest, with no significant revenue growth reported in the latest financial period. The outlook for the current fiscal year does not indicate a material change in revenue direction, and the next fiscal year is expected to follow a similar pattern. The company's capital expenditure of -$3.067 million suggests a reduction in investment, which may reflect a focus on cost control rather than expansion [doc:HA-latest]. The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company's dilution potential is low, and no adjustments have been applied to the valuation metrics. The company's conservative capital structure and limited debt exposure reduce the risk of financial distress [doc:HA-latest]. Recent events include the continued operation of the company's restaurant concepts, with no material changes in ownership or strategic direction. The company's filings and transcripts do not indicate any significant operational or financial risks in the near term [doc:HA-latest].