📊 BTBDW Key Takeaways
Investment Thesis
BT Brands demonstrates solid financial stability with strong liquidity metrics and low leverage, but faces challenges with modest profitability and minimal growth momentum. The company's 5.9% net margin and 3.4% operating margin indicate thin operational efficiency typical of small-cap retail food service operators, while flat net income YoY suggests maturation or stagnation in core business growth.
BTBDW Strengths
- Exceptionally strong liquidity position with 6.80x current ratio and 6.23x quick ratio, indicating minimal short-term financial risk
- Conservative leverage with 0.25x debt-to-equity ratio and 6.4x interest coverage, providing financial flexibility
- Positive free cash flow of $215K with healthy conversion of operating cash flow to FCF, demonstrating cash generation capability
BTBDW Risks
- Flat net income growth (0.0% YoY) despite 5.3% revenue growth suggests margin compression or operational deterioration
- Very small revenue base of $10.9M limits economies of scale and increases vulnerability to market disruptions
- Thin operating margin of 3.4% and net margin of 5.9% provide minimal buffer for cost inflation or competitive pressures common in retail food service
- No insider transactions in last 90 days may indicate lack of management confidence or limited insider activity
Key Metrics to Watch
- Quarterly net income trend - critical to confirm if flat YoY is a temporary issue or structural problem
- Operating margin trajectory - monitor if recent revenue growth can improve cost structure
- Free cash flow sustainability - verify $215K FCF level can be maintained or grown with capital discipline
BTBDW Financial Metrics
💡 AI Analyst Insight
The relatively thin 2.0% FCF margin may limit capital allocation flexibility. Strong liquidity with a 6.80x current ratio provides a solid financial cushion.
BTBDW Profitability Ratios
BTBDW vs Consumer Sector
How BT Brands, Inc. compares to Consumer sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BTBDW Balance Sheet & Liquidity
BTBDW 5-Year Financial Trend
5-Year Trend Summary: BT Brands, Inc.'s revenue has grown significantly by 110% over the 5-year period, indicating strong business expansion.
BTBDW Growth Metrics (YoY)
BTBDW Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $3.9M | -$219.5K | $-0.04 |
| Q2 2025 | $3.8M | $55.0K | N/A |
| Q1 2025 | $3.2M | -$329.8K | N/A |
| Q3 2024 | $4.0M | -$3.5K | N/A |
| Q1 2024 | $2.1M | $42.7K | N/A |
| Q3 2023 | $2.3M | -$174.9K | N/A |
| Q2 2023 | $2.4M | -$49.6K | N/A |
| Q1 2023 | $1.9M | $42.7K | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BTBDW Capital Allocation
BTBDW SEC Filings
Access official SEC EDGAR filings for BT Brands, Inc. (CIK: 0001718224)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BTBDW
What is the AI rating for BTBDW?
BT Brands, Inc. (BTBDW) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BTBDW's key strengths?
Exceptionally strong liquidity position with 6.80x current ratio and 6.23x quick ratio, indicating minimal short-term financial risk. Conservative leverage with 0.25x debt-to-equity ratio and 6.4x interest coverage, providing financial flexibility.
What are the risks of investing in BTBDW?
Flat net income growth (0.0% YoY) despite 5.3% revenue growth suggests margin compression or operational deterioration. Very small revenue base of $10.9M limits economies of scale and increases vulnerability to market disruptions.
What is BTBDW's revenue and growth?
BT Brands, Inc. reported revenue of $10.9M.
Does BTBDW pay dividends?
BT Brands, Inc. does not currently pay dividends.
Where can I find BTBDW SEC filings?
Official SEC filings for BT Brands, Inc. (CIK: 0001718224) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BTBDW's EPS?
BT Brands, Inc. has a diluted EPS of $0.10.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.