Balance Sheet Dave & Buster's Entertainment, Inc.

Equities

PLAY

US2383371091

Restaurants & Bars

Real-time Estimate Cboe BZX Other stock markets 01:22:34 2026-03-06 pm EST			5-day change	1st Jan Change
13.70 ^USD	-8.58%		-8.22%	-16.66%

Jan. 16	Benchmark Upgrades Dave & Buster's Entertainment to Buy From Hold, Price Target is $30	MT
Jan. 08	Truist Cuts Price Target on Dave & Buster's Entertainment to $18 From $23, Keeps Hold Rating	MT

fa826f7e0dc2505753a0.80eXVzpjr8wFm3mBJlweNu50JSUp2M5RYMZUu9EetvY.oT7tHlBa94t3rhO5Sh9ofokQbGxPtbgyJKBtg4t5hYaULfsHewDlj03wNA

Published financial data: DAVE & BUSTER'S ENTERTAINMENT, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: February	2021	2022	2023	2024	2025
Revenues	437M	1.3B	1.96B	2.21B	2.13B
Total Revenues	437M	1.3B	1.96B	2.21B	2.13B
Cost of Goods Sold, Total	479M	895M	1.38B	1.48B	1.25B
Gross Profit	-42.6M	409M	584M	724M	883M
Selling General & Admin Expenses, Total	47.22M	71.36M	111M	179M	375M
Pre-Opening Costs	11.28M	8.15M	14.62M	18.4M	18.7M
Depreciation & Amortization - (IS)	139M	138M	169M	208M	238M
Other Operating Expenses	-	-	-	-	11.2M
Other Operating Expenses, Total	197M	218M	295M	406M	643M
Operating Income	-240M	191M	290M	318M	240M
Interest Expense, Total	-36.91M	-53.91M	-87.99M	-132M	-136M
Interest And Investment Income	22K	-	628K	4.7M	400K
Net Interest Expenses	-36.89M	-53.91M	-87.36M	-127M	-135M
Currency Exchange Gains (Loss)	-	-	-	-	-100K
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	-277M	137M	202M	190M	105M
Merger & Related Restructuring Charges	-	-	-25.26M	-11.1M	-3.4M
Asset Writedown	-12.25M	-912K	-1.84M	-	-16.3M
Insurance Settlements	1M	-	-	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	-2.38M	-8.85M	-1.48M	-16.1M	-15.2M
EBT, Incl. Unusual Items	-290M	128M	174M	163M	69.9M
Income Tax Expense	-83.43M	19.01M	36.53M	36.2M	11.6M
Earnings From Continuing Operations	-207M	109M	137M	127M	58.3M
Net Income to Company	-207M	109M	137M	127M	58.3M
Net Income - (IS)	-207M	109M	137M	127M	58.3M
Net Income to Common Incl Extra Items	-207M	109M	137M	127M	58.3M
Net Income to Common Excl. Extra Items	-207M	109M	137M	127M	58.3M
Per Share Items
Net EPS - Basic	-4.75	2.26	2.83	2.94	1.49
Basic EPS - Continuing Operations	-4.75	2.26	2.83	2.94	1.49
Basic Weighted Average Shares Outstanding	43.55M	48.14M	48.5M	43.2M	39.07M
Net EPS - Diluted	-4.75	2.21	2.79	2.88	1.46
Diluted EPS - Continuing Operations	-4.75	2.21	2.79	2.88	1.46
Diluted Weighted Average Shares Outstanding	43.55M	49.26M	49.18M	44.07M	40.01M
Normalized Basic EPS	-3.97	1.78	2.61	2.75	1.68
Normalized Diluted EPS	-3.97	1.74	2.57	2.7	1.64
Dividend Per Share	-	-	-	-	-
Payout Ratio	-2.36	-	-	-	-
Supplemental Items
EBITDA	-101M	330M	459M	526M	478M
EBITA	-239M	192M	290M	318M	240M
EBIT	-240M	191M	290M	318M	240M
EBITDAR	57.95M	496M	668M	768M	726M
Total Revenues (As Reported)	437M	1.3B	1.96B	2.21B	2.13B
Effective Tax Rate - (Ratio)	28.73	14.89	21.04	22.19	16.6
Current Domestic Taxes	-79.99M	26.48M	8.82M	17.7M	32.1M
Current Foreign Taxes	-78K	333K	76K	1.3M	500K
Total Current Taxes	-80.07M	26.81M	8.9M	19M	32.6M
Deferred Domestic Taxes	-3.46M	-7.8M	28.15M	18.7M	-20.8M
Deferred Foreign Taxes	99K	-	-522K	-1.5M	-200K
Total Deferred Taxes	-3.36M	-7.8M	27.63M	17.2M	-21M
Normalized Net Income	-173M	85.88M	126M	119M	65.5M
Interest Capitalized	849K	1.34M	2.27M	2.9M	3.6M
Interest on Long-Term Debt	31.31M	47.71M	86.17M	146M	146M
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	21.11M	32.18M	57.62M	67.8M	-
Marketing Expenses	-	-	-	-	80.3M
Selling and Marketing Expenses	-	-	-	67.8M	80.3M
General and Administrative Expenses	47.22M	71.36M	111M	112M	96.1M
Net Rental Expense, Total	158M	166M	209M	241M	248M
Imputed Operating Lease Interest Expense	24.87M	39.76M	65.21M	88.92M	87.32M
Imputed Operating Lease Depreciation	134M	126M	143M	152M	160M
Stock-Based Comp., G&A Exp. (Total)	6.98M	12.47M	19.99M	16M	4.6M
Total Stock-Based Compensation	6.98M	12.47M	19.99M	16M	4.6M

Fiscal Period: February	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	11.89M	25.91M	182M	37.3M	6.9M
Total Cash And Short Term Investments	11.89M	25.91M	182M	37.3M	6.9M
Accounts Receivable, Total	-	-	-	21.9M	20.1M
Other Receivables	70.06M	64.92M	25.53M	22.9M	9.1M
Total Receivables	70.06M	64.92M	25.53M	44.8M	29.2M
Inventory	23.81M	40.32M	45.42M	37.2M	33.2M
Prepaid Expenses	11.88M	11.32M	19.47M	18.2M	18.5M
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	1.23M	3.1M	21.7M	-	6.6M
Total Current Assets	119M	146M	294M	138M	94.4M
Gross Property Plant And Equipment	2.65B	2.72B	3.56B	3.88B	4.36B
Accumulated Depreciation	-799M	-909M	-1.04B	-1.22B	-1.4B
Net Property Plant And Equipment	1.85B	1.82B	2.51B	2.66B	2.95B
Long-term Investments	-	-	-	-	-
Goodwill	273M	273M	744M	742M	743M
Other Intangibles, Total	86.08M	85.43M	184M	178M	178M
Deferred Tax Assets Long-Term	5.87M	9.96M	526K	6M	10.1M
Deferred Charges Long-Term	5.52M	3.97M	6.22M	-	-
Other Long-Term Assets, Total	11.29M	12.47M	17.76M	34.2M	37.5M
Total Assets	2.35B	2.35B	3.76B	3.75B	4.02B
Liabilities
Accounts Payable, Total	36.4M	62.49M	84.7M	119M	134M
Accrued Expenses, Total	52.7M	71.77M	133M	88.5M	82.8M
Current Portion of Long-Term Debt	8.35M	3.82M	8.5M	9.3M	7M
Current Portion of Leases	46.47M	45.44M	64.12M	63.1M	77.8M
Current Income Taxes Payable	446K	529K	1.95M	2M	1.8M
Unearned Revenue Current, Total	89.77M	105M	131M	142M	118M
Other Current Liabilities	37.49M	22.64M	15.52M	12.6M	12M
Total Current Liabilities	272M	312M	438M	436M	434M
Long-Term Debt	601M	431M	1.22B	1.37B	1.74B
Long-Term Leases	1.27B	1.28B	1.57B	1.56B	1.58B
Deferred Tax Liability Non Current	13.66M	12.01M	66.25M	89.8M	73M
Other Non Current Liabilities	45.7M	37.87M	55.67M	51.6M	45M
Total Liabilities	2.2B	2.07B	3.35B	3.5B	3.87B
Common Stock, Total	605K	616K	624K	600K	600K
Additional Paid In Capital	531M	549M	577M	598M	610M
Retained Earnings	226M	335M	472M	599M	658M
Treasury Stock	-596M	-605M	-639M	-945M	-1.12B
Comprehensive Income and Other	-9.08M	-3.63M	-860K	-900K	-1.6M
Total Common Equity	153M	275M	411M	251M	146M
Total Equity	153M	275M	411M	251M	146M
Total Liabilities And Equity	2.35B	2.35B	3.76B	3.75B	4.02B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	47.66M	48.57M	48.41M	40.3M	34.52M
ECS Total Common Shares Outstanding	47.65M	48.49M	48.41M	40.27M	35.55M
Book Value / Share	3.22	5.68	8.48	6.24	4.1
Tangible Book Value	-205M	-82.56M	-518M	-670M	-775M
Tangible Book Value Per Share	-4.31	-1.7	-10.71	-16.63	-21.8
Total Debt	1.92B	1.76B	2.86B	3B	3.4B
Net Debt	1.91B	1.73B	2.68B	2.96B	3.4B
Debt Equivalent Oper. Leases	1.27B	1.32B	1.67B	1.93B	1.98B
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Finished Goods, Total	4.18M	7.28M	10.86M	11.5M	13.8M
Inventories - Others	19.63M	33.04M	34.56M	25.7M	19.4M
Land - (BS)	12.3M	12.3M	26.8M	38.7M	71.4M
Buildings, Total	37.42M	42.31M	49.95M	86.5M	106M
Machinery, Total	430M	460M	573M	693M	817M
Full Time Employees	7.79K	13.78K	22.75K	23.26K	23.42K
Part Time Employees	758	-	-	-	-

Fiscal Period: February	2021	2022	2023	2024	2025
Net Income	-207M	109M	137M	127M	58.3M
Depreciation & Amortization - CF	139M	138M	169M	208M	238M
Amortization of Goodwill and Intangible Assets - (CF)	575K	598K	-	-	-
Depreciation & Amortization, Total	139M	139M	169M	208M	238M
Amortization of Deferred Charges, Total - (CF)	2.18M	-	-	-	-
(Gain) Loss From Sale Of Asset	577K	1.39M	769K	-	-
Asset Writedown & Restructuring Costs	12.25M	912K	1.84M	-	-
Stock-Based Compensation (CF)	6.98M	12.47M	19.99M	16M	4.6M
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	2.79M	8.97M	42.27M	53.3M	39.9M
Change In Accounts Receivable	-	-	-	-100K	1.8M
Change In Inventories	10.67M	-16.51M	-176K	8.1M	-2.6M
Change In Accounts Payable	-9.58M	14.29M	1.2M	-1.3M	-11.9M
Change In Income Taxes	-70.34M	5.23M	40.18M	2.7M	13.5M
Change in Other Net Operating Assets	62.85M	8.81M	31.96M	-49.9M	-29.5M
Cash from Operations	-49.22M	283M	444M	364M	312M
Capital Expenditure	-83.02M	-92.2M	-234M	-330M	-530M
Sale of Property, Plant, and Equipment	461K	729K	1.3M	1.1M	400K
Cash Acquisitions	-	-	-819M	-	-
Other Investing Activities, Total	595K	-	-	-	-
Cash from Investing	-81.96M	-91.47M	-1.05B	-329M	-530M
Long-Term Debt Issued, Total	732M	83M	822M	298M	1.63B
Total Debt Issued	732M	83M	822M	298M	1.63B
Long-Term Debt Repaid, Total	-770M	-253M	-16.12M	-166M	-1.26B
Total Debt Repaid	-770M	-253M	-16.12M	-166M	-1.26B
Issuance of Common Stock	183M	5.12M	8.72M	4.1M	7.9M
Repurchase of Common Stock	-929K	-9.46M	-33.54M	-303M	-174M
Common Dividends Paid	-4.89M	-	-	-	-
Common & Preferred Stock Dividends Paid	-4.89M	-	-	-	-
Other Financing Activities, Total	-20.21M	-3.3M	-17.75M	-11.8M	-17.4M
Cash from Financing	118M	-178M	763M	-179M	187M
Net Change in Cash	-12.76M	14.02M	156M	-144M	-30.4M
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	-9.35M	21.55M	-30.44M	9.7M	20.1M
Levered Free Cash Flow	-170M	178M	192M	20M	-224M
Unlevered Free Cash Flow	-149M	212M	247M	103M	-139M
Change In Net Working Capital	62.58M	-32.75M	-111M	-9.7M	1.7M
Net Debt Issued / Repaid	-38.25M	-170M	805M	131M	370M

Fiscal Period: February	2021	2022	2023	2024	2025
Profitability
Return on Assets	-6.35	5.09	5.93	5.28	3.86
Return on Total Capital	-7.19	5.82	6.82	6.09	4.47
Return On Equity %	-128.2	50.68	39.98	38.36	29.37
Return on Common Equity	-128.2	50.68	39.98	38.36	29.37
Margin Analysis
Gross Profit Margin %	-9.76	31.38	29.74	32.83	41.42
SG&A Margin	10.82	5.47	5.64	8.13	17.59
EBITDA Margin %	-23.03	25.32	23.36	23.86	22.43
EBITA Margin %	-54.82	14.72	14.74	14.41	11.26
EBIT Margin %	-54.95	14.67	14.74	14.41	11.26
Income From Continuing Operations Margin %	-47.42	8.33	6.98	5.75	2.73
Net Income Margin %	-47.42	8.33	6.98	5.75	2.73
Net Avail. For Common Margin %	-47.42	8.33	6.98	5.75	2.73
Normalized Net Income Margin	-39.63	6.59	6.43	5.39	3.07
Levered Free Cash Flow Margin	-38.96	13.64	9.76	0.91	-10.49
Unlevered Free Cash Flow Margin	-34.17	16.22	12.56	4.65	-6.52
Asset Turnover
Asset Turnover	0.18	0.56	0.64	0.59	0.55
Fixed Assets Turnover	0.23	0.71	0.91	0.85	0.76
Receivables Turnover (Average Receivables)	-	-	-	101.16	101.56
Inventory Turnover (Average Inventory)	16.44	27.91	32.19	35.87	37.4
Short Term Liquidity
Current Ratio	0.44	0.47	0.67	0.32	0.22
Quick Ratio	0.3	0.29	0.47	0.19	0.08
Operating Cash Flow to Current Liabilities	-0.18	0.91	1.01	0.84	0.72
Days Sales Outstanding (Average Receivables)	-	-	-	3.67	3.6
Days Outstanding Inventory (Average Inventory)	22.14	13.04	11.31	10.34	9.78
Average Days Payable Outstanding	39.54	19.75	19.34	25.6	37.07
Cash Conversion Cycle (Average Days)	-	-	-	-11.59	-23.68
Long Term Solvency
Total Debt/Equity	1.26K	638.28	697.41	1.19K	2.33K
Total Debt / Total Capital	92.62	86.45	87.46	92.27	95.89
LT Debt/Equity	1.22K	620.39	679.72	1.16K	2.28K
Long-Term Debt / Total Capital	89.98	84.03	85.24	90.04	93.5
Total Liabilities / Total Assets	93.49	88.26	89.08	93.31	96.37
EBIT / Interest Expense	-6.5	3.55	3.29	2.4	1.77
EBITDA / Interest Expense	1.57	9.2	7.59	5.81	5.35
(EBITDA - Capex) / Interest Expense	-0.68	7.49	4.92	3.31	1.44
Total Debt / EBITDA	33.19	3.55	4.29	3.91	4.69
Net Debt / EBITDA	32.98	3.49	4.02	3.86	4.68
Total Debt / (EBITDA - Capex)	-76.75	4.36	6.61	6.86	17.39
Net Debt / (EBITDA - Capex)	-76.27	4.29	6.19	6.77	17.35
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-67.78	198.74	50.64	12.26	-3.29
Gross Profit, 1 Yr. Growth %	-111.55	-1.06K	42.8	12.79	-4.87
EBITDA, 1 Yr. Growth %	-135.77	-428.54	40.98	15.12	-9.1
EBITA, 1 Yr. Growth %	-260.99	-180.2	54.72	10.39	-24.42
EBIT, 1 Yr. Growth %	-262	-179.76	54.72	10.39	-24.42
Earnings From Cont. Operations, 1 Yr. Growth %	-306.43	-152.49	26.23	-7.44	-54.06
Net Income, 1 Yr. Growth %	-306.43	-152.49	26.23	-7.44	-54.06
Normalized Net Income, 1 Yr. Growth %	-317.69	-149.65	51.75	-5.04	-44.87
Diluted EPS Before Extra, 1 Yr. Growth %	-261.65	-146.5	26.24	3.23	-49.31
Accounts Receivable, 1 Yr. Growth %	-	-	-	0.92	-8.22
Inventory, 1 Yr. Growth %	-30.95	69.36	12.65	-18.06	-1.19
Net Property, Plant and Equip., 1 Yr. Growth %	-3.12	-1.99	38.44	5.66	11.18
Total Assets, 1 Yr. Growth %	-0.73	-0.3	60.33	-0.18	6.96
Tangible Book Value, 1 Yr. Growth %	8.45	-59.81	537.66	30.71	15.76
Common Equity, 1 Yr. Growth %	-9.68	79.77	49.04	-38.81	-41.96
Cash From Operations, 1 Yr. Growth %	-117.04	-675.18	56.98	-18.05	-14.25
Capital Expenditures, 1 Yr. Growth %	-63.6	11.06	154.05	40.99	60.57
Levered Free Cash Flow, 1 Yr. Growth %	-4.75K	-203.25	9.82	-89.51	-1.2K
Unlevered Free Cash Flow, 1 Yr. Growth %	-987.18	-241.8	18.45	-58.26	-235.03
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-41.26	-1.89	112.14	30.05	4.2
Gross Profit, 2 Yr. CAGR %	-65.61	5.3	224.95	28.08	4.52
EBITDA, 2 Yr. CAGR %	-39.64	8.4	100.79	27.15	5.37
EBITA, 2 Yr. CAGR %	23.14	13.63	7.07	30.27	-4.18
EBIT, 2 Yr. CAGR %	23.46	13.67	7.07	30.27	-4.18
Earnings From Cont. Operations, 2 Yr. CAGR %	32.88	4.09	-18.6	8.05	-34.79
Net Income, 2 Yr. CAGR %	32.88	4.09	-18.6	8.05	-34.79
Normalized Net Income, 2 Yr. CAGR %	38.51	3.96	-16.42	19.48	-22.46
Diluted EPS Before Extra, 2 Yr. CAGR %	27.36	-13.3	-23.38	14.16	-27.66
Accounts Receivable, 2 Yr. CAGR %	-	-	-	-	-3.76
Inventory, 2 Yr. CAGR %	-6.64	8.14	38.13	-3.95	-14.49
Net Property, Plant and Equip., 2 Yr. CAGR %	51.67	-2.55	16.49	20.94	8.38
Total Assets, 2 Yr. CAGR %	35.94	-0.52	26.43	26.51	3.33
Tangible Book Value, 2 Yr. CAGR %	160.19	-33.98	58.85	186.97	23.01
Common Equity, 2 Yr. CAGR %	-37.14	27.42	63.68	-4.5	-40.4
Cash From Operations, 2 Yr. CAGR %	-61.82	-1.01	200.49	13.4	-16.17
Capital Expenditures, 2 Yr. CAGR %	-38.05	-36.42	67.97	89.24	50.46
Levered Free Cash Flow, 2 Yr. CAGR %	98.96	597.6	3	-66.16	13.31
Unlevered Free Cash Flow, 2 Yr. CAGR %	70.68	254.69	25.1	-29.84	-22.15
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-27.38	1.01	13.19	71.59	17.82
Gross Profit, 3 Yr. CAGR %	-50.53	4.33	16.56	135.63	26.03
EBITDA, 3 Yr. CAGR %	-28.16	6.17	17.76	66.59	13.7
EBITA, 3 Yr. CAGR %	12.31	6.74	24.9	7.94	8.66
EBIT, 3 Yr. CAGR %	12.53	6.73	25.06	7.94	8.66
Earnings From Cont. Operations, 3 Yr. CAGR %	19.61	-2.5	11	-15.05	-18.75
Net Income, 3 Yr. CAGR %	19.61	-2.5	11	-15.05	-18.75
Normalized Net Income, 3 Yr. CAGR %	20.13	-1.61	16.73	-13.05	-7.71
Diluted EPS Before Extra, 3 Yr. CAGR %	18.72	-8.97	-1.73	-15.38	-12.91
Inventory, 3 Yr. CAGR %	-4.76	13.86	9.62	16.04	-6.27
Net Property, Plant and Equip., 3 Yr. CAGR %	36.62	31.13	9.55	12.76	17.6
Total Assets, 3 Yr. CAGR %	25.26	22.59	16.64	16.86	19.63
Tangible Book Value, 3 Yr. CAGR %	43.12	39.6	39.88	48.26	112.03
Common Equity, 3 Yr. CAGR %	-28.64	-10.78	34.26	17.91	-19.11
Cash From Operations, 3 Yr. CAGR %	-42.92	-5.7	15.44	94.86	3.31
Capital Expenditures, 3 Yr. CAGR %	-27.73	-24.74	0.89	58.44	79.16
Levered Free Cash Flow, 3 Yr. CAGR %	197.07	60.57	274.4	-51.99	8.61
Unlevered Free Cash Flow, 3 Yr. CAGR %	416.8	60.46	144.84	-13.36	-12.63
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-12.82	5.34	11.5	11.75	9.5
Gross Profit, 5 Yr. CAGR %	-30.42	5.26	10.68	14.97	19.08
EBITDA, 5 Yr. CAGR %	-11.83	6.7	11.1	13.78	11.23
EBITA, 5 Yr. CAGR %	16.52	4.79	11.39	15.02	10.07
EBIT, 5 Yr. CAGR %	16.87	4.91	11.46	15.08	10.16
Earnings From Cont. Operations, 5 Yr. CAGR %	28.26	3.65	2.54	1.6	-10.28
Net Income, 5 Yr. CAGR %	28.26	3.65	2.54	1.6	-10.28
Normalized Net Income, 5 Yr. CAGR %	22.93	-0.87	4.84	5.69	-3.79
Diluted EPS Before Extra, 5 Yr. CAGR %	27.87	1.03	-0.35	-0.34	-13.06
Inventory, 5 Yr. CAGR %	4.04	13.02	10.51	6.37	-0.75
Net Property, Plant and Equip., 5 Yr. CAGR %	28.74	24.51	28.18	26.96	9.08
Total Assets, 5 Yr. CAGR %	18.58	17.38	25.73	24.15	11.12
Tangible Book Value, 5 Yr. CAGR %	93.4	-1.23	49.22	85.66	32.55
Common Equity, 5 Yr. CAGR %	-15.05	-8.92	-0.53	-8.32	-2.98
Cash From Operations, 5 Yr. CAGR %	-23.43	4.12	10.92	1.53	1.57
Capital Expenditures, 5 Yr. CAGR %	-12.61	-12.58	1.27	8.83	18.38
Levered Free Cash Flow, 5 Yr. CAGR %	84.79	27.2	96.86	-14.18	127.72
Unlevered Free Cash Flow, 5 Yr. CAGR %	209.59	29.61	196.29	14.9	52.56