Ark Restaurants Corp. (ARKR) Balance Sheet
ARKR balance sheet, FY2025
September 30, 2025 · U.S. dollars$133.5M assets = $101.4M liabilities + $32.1M equity
Both columns are drawn to the same scale: what ARKR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ARKR financial health
Descriptive bands, not a rating. Fiscal FY2025.
ARKR balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $68.3MFY2016 | $133.5MFY2025 | +7.7%/yr | |
| Total liabilities | $25.6MFY2016 | $101.4MFY2025 | +16.5%/yr | |
| Shareholders’ equity | $40.1MFY2016 | $32.7MFY2025 | −2.2%/yr | |
| Cash & short-term investments | $7.2MFY2016 | $11.3MFY2025 | +5.1%/yr | |
| Total debt | $7.9MFY2016 | $85.7MFY2025 | +30.3%/yr | |
| Net cash (debt) | −$699,000FY2016 | −$74.4MFY2025 | −$73.7M | |
| Working capital | −$658,000FY2016 | −$5.4MFY2025 | −$4.7M | |
| Book value per share | $11.44FY2016 | $9.08FY2025 | −2.5%/yr | |
| Current ratio | 0.96FY2016 | 0.77FY2025 | −0.19 | |
| Debt / equity | 0.20FY2016 | 2.62FY2025 | +2.42 | |
| Shares outstanding | 3.5MFY2016 | 3.6MFY2025 | +0.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ARKR assets
ARKR liabilities and equity
ARKR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ARKR balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $11.3M | $10.3M | $13.4M | $28.5M | $19.2M | $16.9M | $7.2M | $5.0M | $1.4M | $7.2M |
| Cash & equivalents | $11.3M | $10.3M | $13.4M | $23.4M | $19.2M | $16.9M | $7.2M | $5.0M | $1.4M | $7.2M |
| Short-term investments | — | — | $0 | $5.0M | $0 | $6.9M | $6.8M | $181,000 | $0 | $889,000 |
| Receivables | $2.1M | $3.8M | $3.6M | $3.6M | $4.5M | $2.1M | $3.3M | $4.6M | $4.7M | $4.4M |
| Inventory | $2.0M | $2.3M | $3.1M | $3.7M | $3.5M | $2.6M | $2.2M | $2.1M | $2.0M | $1.9M |
| Other current assets | $2.4M | $1.9M | $1.8M | $3.3M | $7.1M | $5.3M | $1.0M | $1.5M | $2.0M | $2.5M |
| Total current assets | $17.8M | $18.2M | $21.9M | $39.1M | $34.3M | $26.9M | $13.7M | $13.2M | $10.1M | $16.0M |
| Property, plant & equipment (net) | $102.5M | $116.5M | $130.8M | $136.4M | $92.5M | $91.9M | $47.8M | $45.3M | $45.2M | $29.5M |
| Goodwill & intangible assets | $13,000 | $7.8M | $11.8M | $21.9M | $22.0M | $19.3M | $19.6M | $13.6M | $13.6M | $10.0M |
| Long-term investments | $6.7M | $6.5M | $6.5M | $6.5M | $6.4M | $6.9M | $6.8M | $7.0M | $7.0M | $6.7M |
| Other non-current assets | $6.4M | $7.0M | $5.9M | $5.6M | $6.0M | $8.3M | $6.7M | $5.7M | $4.2M | $6.0M |
| Total assets | $133.5M | $156.0M | $177.0M | $209.5M | $161.2M | $153.3M | $94.7M | $84.7M | $80.1M | $68.3M |
| Liabilities | ||||||||||
| Accounts payable | $4.5M | $4.5M | $4.1M | $4.5M | $4.9M | $2.3M | $3.5M | $5.0M | $4.8M | $2.9M |
| Short-term debt | $7.9M | $12.3M | $10.0M | $14.1M | $13.1M | $15.1M | $2.7M | $1.3M | $10.4M | $2.6M |
| Deferred revenue | $4.3M | $4.4M | $6.0M | $5.5M | $5.0M | $3.7M | $4.5M | $4.4M | $4.2M | $4.1M |
| Total current liabilities | $23.2M | $28.9M | $27.9M | $34.9M | $31.7M | $30.1M | $18.1M | $17.8M | $26.2M | $16.7M |
| Long-term debt | $2.0M | $0 | $5.1M | $17.1M | $25.5M | $36.1M | $23.8M | $19.9M | $7.8M | $5.3M |
| Lease obligations | $82.2M | $90.6M | $100.2M | $105.0M | $58.7M | $56.1M | — | — | — | — |
| Other long-term liabilities | $76.1M | $83.5M | $92.2M | $97.4M | $52.6M | $50.0M | $10.1M | $3.3M | $3.6M | $3.6M |
| Total liabilities | $101.4M | $112.4M | $125.2M | $149.4M | $109.8M | $116.2M | $51.9M | $41.0M | $37.6M | $25.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $35,000 | $35,000 | $12.9M | $12.7M | $13.0M |
| Retained earnings (deficit) | $18.7M | $30.2M | $36.1M | $44.3M | $35.9M | $23.0M | $28.6M | $29.4M | $27.8M | $27.2M |
| Treasury stock | — | — | — | — | — | — | — | $0 | −$13.2M | −$13.2M |
| Accumulated other comprehensive income | — | — | $0 | $0 | — | $0 | −$62.0M | −$64.0M | −$59.0M | $0 |
| Minority interest | −$612,000 | −$496,000 | $1.4M | $318,000 | — | $626,000 | $843,000 | $1.4M | $2.0M | $2.6M |
| Total shareholders' equity | $32.7M | $44.1M | $50.3M | $59.8M | $50.4M | $36.5M | $41.9M | $42.3M | $40.4M | $40.1M |
| Key figures | ||||||||||
| Total debt | $85.7M | $95.8M | $107.3M | $128.6M | $91.2M | $101.1M | $26.5M | $21.1M | $18.2M | $7.9M |
| Net cash (debt) | −$74.4M | −$85.5M | −$93.9M | −$100.2M | −$72.0M | −$84.3M | −$19.3M | −$16.1M | −$16.8M | −$699,000 |
| Working capital | −$5.4M | −$10.7M | −$5.9M | $4.2M | $2.6M | −$3.2M | −$4.4M | −$4.6M | −$16.1M | −$658,000 |
| Tangible book value | $32.7M | $36.4M | $38.4M | $37.9M | $28.4M | $17.2M | $22.3M | $28.7M | $26.8M | $30.1M |
| Book value per share | $9.08 | $12.25 | $13.97 | $16.60 | $13.99 | $10.44 | $11.86 | $11.92 | $11.45 | $11.44 |
| Shares outstanding | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.5M | 3.5M | 3.5M | 3.5M | 3.5M |
| Current ratio | 0.77 | 0.63 | 0.79 | 1.12 | 1.08 | 0.89 | 0.76 | 0.74 | 0.39 | 0.96 |
| Quick ratio | 0.58 | 0.49 | 0.61 | 0.92 | 0.75 | 0.63 | 0.58 | 0.54 | 0.23 | 0.70 |
| Debt / equity | 2.62 | 2.17 | 2.13 | 2.15 | 1.81 | 2.77 | 0.63 | 0.50 | 0.45 | 0.20 |
| Equity / assets | 24.5% | 28.3% | 28.4% | 28.5% | 31.3% | 23.8% | 44.2% | 49.9% | 50.5% | 58.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $9.5M | $11.5M | $9.1M | $11.3M | $12.3M | $11.1M | $13.1M | $10.3M | $11.5M | $10.4M | $12.1M | $13.4M |
| Cash & equivalents | $9.5M | $11.5M | $9.1M | $11.3M | $12.3M | $11.1M | $13.1M | $10.3M | $11.5M | $10.4M | $12.1M | $13.4M |
| Short-term investments | — | — | — | — | — | — | — | — | — | — | — | $0 |
| Receivables | $2.5M | $2.4M | $2.7M | $2.5M | $3.2M | $3.4M | $4.5M | $3.8M | $5.7M | $4.3M | $4.9M | $3.6M |
| Inventory | $2.2M | $2.1M | $2.0M | $2.0M | $2.1M | $2.1M | $2.2M | $2.3M | $2.5M | $2.4M | $3.0M | $3.1M |
| Other current assets | $1.9M | $2.1M | $2.2M | $2.0M | $2.3M | $1.9M | $1.4M | $1.9M | $2.1M | $2.9M | $1.4M | $1.8M |
| Total current assets | $16.1M | $18.2M | $16.0M | $17.8M | $19.9M | $18.5M | $21.2M | $18.2M | $21.7M | $20.0M | $21.4M | $21.9M |
| Property, plant & equipment (net) | $99.7M | $100.5M | $101.4M | $102.5M | $9.4M | $110.4M | $112.6M | $116.5M | $120.2M | $125.2M | $127.9M | $130.8M |
| Goodwill & intangible assets | $4.2M | $4.2M | $4.2M | $4.2M | $4.3M | $4.3M | $7.7M | $7.8M | $11.8M | $11.8M | $11.8M | $11.8M |
| Long-term investments | $6.7M | $6.7M | $6.7M | $6.7M | $6.7M | $6.6M | $6.6M | $6.5M | $6.5M | $6.5M | $6.5M | $6.5M |
| Other non-current assets | $2.2M | $2.2M | $2.2M | $2.2M | $96.0M | $2.2M | $6.6M | $7.0M | $6.3M | $6.0M | $5.9M | $5.9M |
| Total assets | $128.9M | $131.8M | $130.4M | $133.5M | $136.3M | $141.9M | $154.6M | $156.0M | $166.5M | $169.6M | $173.6M | $177.0M |
| Liabilities | ||||||||||||
| Accounts payable | $4.5M | $4.3M | $4.7M | $4.5M | $4.4M | $4.7M | $4.8M | $4.5M | $5.2M | $4.5M | $4.6M | $4.1M |
| Short-term debt | $6.8M | $7.2M | $7.5M | $7.9M | $8.1M | $10.5M | $11.1M | $12.3M | $13.5M | $10.0M | $10.1M | $10.0M |
| Deferred revenue | — | $3.1M | — | $4.3M | $2.7M | $3.3M | $2.0M | $4.4M | $4.4M | $5.5M | $3.4M | $6.0M |
| Total current liabilities | $20.5M | $20.6M | $20.9M | $23.2M | $22.7M | $25.3M | $25.4M | $28.9M | $30.8M | $27.0M | $26.5M | $27.9M |
| Long-term debt | $6.8M | $6.8M | $1.9M | $2.0M | $2.0M | $0 | $0 | $0 | $0 | $4.2M | $4.6M | $5.1M |
| Lease obligations | $76.9M | $79.2M | $80.7M | $82.2M | $83.8M | $85.3M | $87.1M | $90.6M | $94.3M | $96.3M | $98.3M | $100.2M |
| Other long-term liabilities | $70.8M | $73.0M | $74.5M | $76.1M | $77.4M | $79.1M | $80.7M | $83.5M | $86.5M | $88.2M | $90.1M | $92.2M |
| Total liabilities | $98.0M | $100.5M | $97.3M | $101.4M | $102.2M | $104.3M | $106.1M | $112.4M | $117.3M | $119.5M | $121.3M | $125.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 |
| Retained earnings (deficit) | $17.4M | $17.8M | $19.6M | $18.7M | $20.6M | $24.1M | $33.3M | $30.2M | $34.6M | $34.7M | $36.8M | $36.1M |
| Accumulated other comprehensive income | — | — | — | — | — | — | — | — | — | $0 | — | $0 |
| Minority interest | −$626,000 | −$573,000 | −$561,000 | −$612,000 | −$481,000 | — | — | — | — | — | — | — |
| Total shareholders' equity | $31.5M | $31.9M | $33.7M | $32.7M | $34.7M | $38.1M | $47.3M | $44.1M | $48.9M | $49.7M | $51.8M | $50.3M |
| Key figures | ||||||||||||
| Total debt | $84.0M | $86.7M | $157.7M | $85.7M | $87.5M | $89.6M | $91.8M | $95.8M | $100.0M | $102.5M | $104.9M | $107.3M |
| Net cash (debt) | −$74.5M | −$75.2M | −$148.6M | −$74.4M | −$75.2M | −$78.5M | −$78.7M | −$85.5M | −$88.5M | −$92.1M | −$92.8M | −$93.9M |
| Working capital | −$4.4M | −$2.5M | −$5.0M | −$5.4M | −$2.8M | −$6.8M | −$4.3M | −$10.7M | −$9.1M | −$7.0M | −$5.1M | −$5.9M |
| Tangible book value | $27.3M | $27.7M | $29.4M | $28.5M | $30.4M | $33.9M | $39.6M | $36.4M | $37.2M | $37.9M | $39.9M | $38.4M |
| Book value per share | $8.74 | $8.84 | $9.33 | $9.08 | $9.62 | $10.58 | $13.11 | $12.23 | $13.49 | $13.79 | $14.25 | $13.96 |
| Shares outstanding | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M | 3.6M |
| Current ratio | 0.78 | 0.88 | 0.76 | 0.77 | 0.88 | 0.73 | 0.83 | 0.63 | 0.71 | 0.74 | 0.81 | 0.79 |
| Quick ratio | 0.58 | 0.67 | 0.56 | 0.59 | 0.68 | 0.57 | 0.69 | 0.49 | 0.56 | 0.55 | 0.64 | 0.61 |
| Debt / equity | 2.66 | 2.72 | 4.69 | 2.62 | 2.52 | 2.35 | 1.94 | 2.17 | 2.04 | 2.06 | 2.03 | 2.13 |
| Equity / assets | 24.4% | 24.2% | 25.8% | 24.5% | 25.4% | 26.9% | 30.6% | 28.3% | 29.4% | 29.3% | 29.8% | 28.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed December 18, 2025); data from EODHD.
ARKR financial position
At the end of fiscal 2025 (September 30, 2025), Ark Restaurants had total assets of $133.5 million (down 14.4% from a year earlier), total liabilities of $101.4 million and shareholders' equity of $32.7 million. It held $11.3 million in cash and short-term investments against $85.7 million of debt, net debt of $74.4 million. Its current ratio was 0.77. In the latest quarter (ended June 30, 2026) total assets were $128.9 million and equity $31.5 million.
Related: ARKR income statement, ARKR cash flow statement, ARKR key metrics. See the ARKR stock overview for the latest quote and news.
ARKR balance sheet FAQ
What are Ark Restaurants's total assets?
Ark Restaurants reported total assets of $133.5 million at the end of fiscal 2025 (September 30, 2025), compared with $156.0 million a year earlier.
How much debt does Ark Restaurants have?
Ark Restaurants had $85.7 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 2.62.
How much cash does Ark Restaurants have?
Ark Restaurants held $11.3 million in cash and short-term investments at the end of fiscal 2025; with $85.7 million of debt that is net debt of $74.4 million.
What is Ark Restaurants's book value?
Ark Restaurants's shareholders' equity (book value) was $32.7 million at the end of fiscal 2025, or $9.08 per share.
What is Ark Restaurants's current ratio?
Ark Restaurants had current assets of $17.8 million and current liabilities of $23.2 million, a current ratio of 0.77 (current liabilities exceed current assets).
How much goodwill does Ark Restaurants have?
Ark Restaurants carried $0.0 million of goodwill and intangible assets, 0.0% of total assets, at the end of fiscal 2025.