Del Taco Restaurants

Entertainment & Publishing Food & Beverage restaurant chain

The Company operates Del Taco restaurants in approximately 20 states, including over one franchised restaurant in Guam. The Company has approximately 300 Company-operated and over 250 franchised restaurants. The Company's menu offers a combination of Mexican-inspired food, such as tacos and burritos, and American classics, such as Double Del cheeseburgers, crinkle-cut fries and milkshakes. Additionally, the Company's menu features both premium items such as Epic Burritos, Handcrafted Ensaladas and Fresca Bowls, as well as lower priced items on its Buck & Under Menu. Del Taco restaurant is a free-standing building with drive-in service that ranges in size from 2,000 to 2,600 square feet.

Type

Public

Lake Forest, US

Founded

1964

Size (employees)

6,690 (est)

Website

deltaco.com

Del Taco Restaurants was founded in 1964 and is headquartered in Lake Forest, US

Del Taco Restaurants Office Locations

Del Taco Restaurants has an office in Lake Forest

Lake Forest, US (HQ)

25521 Commercentre Drive

Del Taco Restaurants Data and Metrics

Del Taco Restaurants Financial Metrics

Del Taco Restaurants's revenue was reported to be $215.5 m in FY, 2017 which is a 52% decrease from the previous period.

Summary

USD

Del Taco Restaurants's current market capitalization is $132.8 m.

Source: SEC Filings FY 2016

Income Statement

USD	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Revenue	396 m	215.5 m	452.1 m	215.5 m
Revenue growth, %		(46%)	110%	(52%)
Cost of goods sold	110.7 m	59.3 m	120.1 m	59.3 m
Gross profit	285.3 m	156.2 m	332 m	156.2 m
Gross profit Margin, %	72%	72%	73%	72%
Sales and marketing expense	116.9 m	61.4 m	135.7 m	104.6 m
General and administrative expense	82 m	17.5 m	88.9 m	17.5 m
Operating expense total	368.7 m	196.2 m	408.8 m	196.2 m
EBIT	27.3 m	19.2 m	43.3 k	19.2 m
EBIT margin, %	7%	9%	0%	9%
Interest expense				3.7 m
Income tax expense	1.1 m	112 k	15.3 m	112 k
Net Income	(9.3 m)	2.7 m	21.1 m	2.7 m

Source: SEC Filings FY 2016

Balance Sheet

USD	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Cash	230.5 k	10.2 m	8.8 m	8.8 m
Accounts Receivable	89.6 k	3.2 m	4.1 m	4.1 m
Inventories		2.8 m	2.7 m	2.7 m
Current Assets	290.2 k	19.8 m	19.9 m	19.9 m
PP&E		114 m	138.3 m	138.3 m
Goodwill		318.3 m	320 m	320 m
Total Assets	150.3 m	703.6 m	727.2 m	727.2 m
Accounts Payable	869.9 k	16.8 m	16.4 m	16.4 m
Current Liabilities	660.4 k	51.5 m	54.7 m	54.7 m
Total Liabilities				349.8 m
Additional Paid-in Capital	6.6 m	372.3 m	360.1 m	360.1 m
Retained Earnings	(1.6 m)	(3.9 m)	17 m	17 m
Total Equity	5 m	368.4 m	377.3 m	377.3 m
Financial Leverage	30.1 x	1.9 x	1.9 x	1.9 x

Cash Flow

USD	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Net Income		2.7 m	2.7 m	2.7 m
Depreciation and Amortization		11.3 m	11.3 m	11.3 m
Accounts Receivable		8 k	8 k	8 k
Inventories	(289.4 k)	(265 k)	(265 k)	(265 k)
Accounts Payable	1.4 m	(3.3 m)	(3.3 m)	(3.3 m)
Cash From Operating Activities	(252.5 k)	17.1 m	17.1 m	17.1 m
Purchases of PP&E		(18.6 m)	(18.6 m)	(18.6 m)
Cash From Investing Activities		42.6 m	42.6 m	42.6 m
Cash From Financing Activities	151.3 m	(49.5 m)	(49.5 m)	(49.5 m)
Interest Paid		3.2 m	3.2 m	3.2 m
Income Taxes Paid		161 k