Dine Brands Global, Inc. (DIN) Balance Sheet
DIN balance sheet, 2025
December 31, 2025 · U.S. dollars$1.74B assets = $2.01B liabilities + −$273.9M equity
Liabilities exceed assets: shareholders’ equity is negative (−$273.9M).
Both columns are drawn to the same scale: what DIN owns equals what it owes plus shareholders’ equity. Hover a block for its value.
DIN financial health
Descriptive bands, not a rating. Fiscal 2025.
DIN balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.28B2016 | $1.74B2025 | −3.0%/yr | |
| Total liabilities | $2.03B2016 | $2.01B2025 | −0.1%/yr | |
| Shareholders’ equity | $252.8M2016 | −$273.8M2025 | — | |
| Cash & short-term investments | $140.5M2016 | $128.2M2025 | −1.0%/yr | |
| Total debt | $1.41B2016 | $1.60B2025 | +1.4%/yr | |
| Net cash (debt) | −$1.27B2016 | −$1.47B2025 | −$202.2M | |
| Working capital | $79.8M2016 | −$13.8M2025 | −$93.6M | |
| Book value per share | $13.952016 | −$19.152025 | — | |
| Current ratio | 1.282016 | 0.962025 | −0.32 | |
| Shares outstanding | 18.1M2016 | 14.3M2025 | −2.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
DIN assets
DIN liabilities and equity
DIN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
DIN balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $128.2M | $186.7M | $146.0M | $269.7M | $361.4M | $383.4M | $116.0M | $137.2M | $117.0M | $140.5M |
| Cash & equivalents | $128.2M | $186.7M | $146.0M | $269.7M | $361.4M | $383.4M | $116.0M | $137.2M | $117.0M | $140.5M |
| Short-term investments | — | — | — | — | — | — | — | — | $31.4M | $30.3M |
| Receivables | $119.0M | $115.2M | $127.9M | $120.0M | $120.0M | $121.9M | $136.9M | $137.5M | $140.2M | $141.4M |
| Inventory | $0 | $0 | $0 | $72.2M | $86.2M | $75.1M | $90.1M | $104.1M | $115.8M | $79.9M |
| Other current assets | $104.6M | $84.1M | $83.8M | $17.9M | $6.7M | $6.1M | $3.9M | $3.4M | $12.6M | $4.4M |
| Total current assets | $351.8M | $386.0M | $357.8M | $479.8M | $574.4M | $586.5M | $346.9M | $382.2M | $385.6M | $366.1M |
| Property, plant & equipment (net) | $489.2M | $479.6M | $437.1M | $434.4M | $514.8M | $534.1M | $583.3M | $240.3M | $199.6M | $205.1M |
| Goodwill & intangible assets | $783.7M | $824.3M | $840.1M | $851.0M | $791.0M | $801.3M | $918.9M | $931.2M | $922.3M | $1.46B |
| Long-term investments | $0 | $0 | $0 | $39.7M | $42.5M | $54.5M | $86.0M | $103.1M | $131.2M | $141.2M |
| Other non-current assets | $113.0M | $100.7M | $105.3M | $76.6M | $76.7M | $98.5M | $114.4M | $117.9M | $96.9M | $105.3M |
| Total assets | $1.74B | $1.79B | $1.74B | $1.88B | $2.00B | $2.07B | $2.05B | $1.77B | $1.74B | $2.28B |
| Liabilities | ||||||||||
| Accounts payable | $93.2M | $75.8M | $36.2M | $52.1M | $56.0M | $37.4M | $40.9M | $43.5M | $55.0M | $50.5M |
| Short-term debt | $74.2M | $171.7M | $170.7M | $166.6M | $82.8M | $94.0M | $86.5M | $39.0M | $27.2M | $13.1M |
| Deferred revenue | $188.3M | $183.6M | $175.6M | $172.0M | $165.5M | $151.8M | $169.1M | $170.6M | $175.4M | $170.8M |
| Total current liabilities | $365.6M | $445.3M | $460.5M | $470.7M | $410.7M | $348.6M | $357.9M | $316.2M | $304.9M | $286.3M |
| Long-term debt | $1.22B | $1.14B | $1.15B | $1.24B | $1.28B | $1.49B | $1.29B | $1.36B | $1.33B | $1.36B |
| Lease obligations | $411.7M | $439.7M | $401.2M | $400.5M | $495.2M | $527.9M | $560.6M | $140.3M | $115.3M | $127.3M |
| Other long-term liabilities | $425.6M | $417.2M | $384.9M | $469.9M | $551.8M | $589.0M | $645.1M | $298.9M | $314.5M | $382.1M |
| Total liabilities | $2.01B | $2.01B | $1.99B | $2.18B | $2.24B | $2.43B | $2.29B | $1.98B | $1.95B | $2.03B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $200,000 | $248,000 | $249,000 | $250,000 | $250,000 | $249,000 | $249,000 | $250,000 | $250,000 | $251,000 |
| Retained earnings (deficit) | $175.1M | $183.6M | $150.0M | $84.5M | $35.4M | −$55.6M | $61.7M | $10.4M | −$69.9M | $382.1M |
| Treasury stock | — | — | — | — | −$534.6M | −$556.9M | −$549.8M | −$450.6M | −$422.2M | −$422.3M |
| Accumulated other comprehensive income | −$100,000 | −$100,000 | −$64,000 | −$65,000 | −$59,000 | −$55,000 | −$58,000 | −$60,000 | −$105,000 | −$107,000 |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | −$273.8M | −$216.0M | −$251.0M | −$301.1M | −$242.8M | −$354.7M | −$241.8M | −$202.3M | −$215.5M | $252.8M |
| Key figures | ||||||||||
| Total debt | $1.60B | $1.60B | $1.59B | $1.74B | $1.77B | $2.03B | $1.85B | $1.44B | $1.40B | $1.41B |
| Net cash (debt) | −$1.47B | −$1.42B | −$1.44B | −$1.47B | −$1.41B | −$1.65B | −$1.73B | −$1.30B | −$1.28B | −$1.27B |
| Working capital | −$13.8M | −$59.3M | −$102.7M | $9.0M | $163.6M | $237.9M | −$11.0M | $66.0M | $80.7M | $79.8M |
| Tangible book value | −$1.06B | −$1.04B | −$1.09B | −$1.15B | −$1.03B | −$1.16B | −$1.16B | −$1.13B | −$1.14B | −$1.21B |
| Book value per share | −$19.15 | −$14.47 | −$16.47 | −$18.93 | −$14.38 | −$21.85 | −$14.02 | −$11.37 | −$12.15 | $13.95 |
| Shares outstanding | 14.3M | 14.9M | 15.2M | 15.9M | 16.9M | 16.2M | 17.2M | 17.8M | 17.7M | 18.1M |
| Current ratio | 0.96 | 0.87 | 0.78 | 1.02 | 1.40 | 1.68 | 0.97 | 1.21 | 1.26 | 1.28 |
| Quick ratio | 0.68 | 0.68 | 0.60 | 0.83 | 1.17 | 1.45 | 0.71 | 0.87 | 0.84 | 0.98 |
| Debt / equity | — | — | — | — | — | — | — | — | — | 5.58 |
| Equity / assets | −15.8% | −12.1% | −14.4% | −16.0% | −12.1% | −17.1% | −11.8% | −11.4% | −12.4% | 11.1% |
| 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 | $97.5M | $150.9M | $128.2M | $167.9M | $194.2M | $186.5M | $186.7M | $169.6M | $153.5M | $145.0M | $146.0M | $98.2M |
| Cash & equivalents | $97.5M | $150.9M | $128.2M | $167.9M | $194.2M | $186.5M | $186.7M | $169.6M | $153.5M | $145.0M | $146.0M | $98.2M |
| Receivables | $86.8M | $89.5M | $119.0M | $90.3M | $91.2M | $91.2M | $115.2M | $83.4M | $83.2M | $90.7M | $127.9M | $85.7M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $0 | $0 | $68.5M |
| Other current assets | $105.1M | $43.3M | $104.6M | $100.2M | $85.3M | $82.5M | $84.1M | $78.4M | $82.9M | $81.5M | $83.8M | $11.3M |
| Total current assets | $289.4M | $283.7M | $351.8M | $358.5M | $370.7M | $360.1M | $386.0M | $331.4M | $319.6M | $317.2M | $357.8M | $263.8M |
| Property, plant & equipment (net) | $600.9M | $513.2M | $489.2M | $487.0M | $495.8M | $488.2M | $479.6M | $437.1M | $438.7M | $437.8M | $437.1M | $445.9M |
| Goodwill & intangible assets | $746.1M | $780.2M | $783.7M | $815.8M | $819.0M | $818.9M | $824.3M | $832.4M | $834.9M | $837.4M | $840.1M | $842.7M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $135.3M | $111.6M | $113.0M | $112.6M | $104.4M | $99.2M | $100.7M | $98.6M | $100.3M | $102.8M | $105.3M | $107.1M |
| Total assets | $1.77B | $1.69B | $1.74B | $1.77B | $1.79B | $1.77B | $1.79B | $1.70B | $1.69B | $1.70B | $1.74B | $1.66B |
| Liabilities | ||||||||||||
| Accounts payable | $87.6M | $74.4M | $93.2M | $34.3M | $30.5M | $35.8M | $75.8M | $35.5M | $31.5M | $43.0M | $36.2M | $28.9M |
| Short-term debt | $76.3M | $74.3M | $74.2M | $70.0M | $171.2M | $171.4M | $171.7M | $167.9M | $168.8M | $170.0M | $170.7M | $165.7M |
| Deferred revenue | $5.1M | $5.4M | $188.3M | $143.2M | $148.2M | — | $183.6M | $137.0M | $142.2M | $146.7M | $175.6M | $131.5M |
| Total current liabilities | $337.0M | $320.3M | $365.6M | $340.1M | $431.2M | $414.7M | $445.3M | $386.9M | $394.2M | $410.0M | $460.5M | $384.3M |
| Long-term debt | $1.19B | $1.19B | $1.22B | $1.24B | $1.14B | $1.15B | $1.14B | $1.15B | $1.09B | $1.09B | $1.08B | $1.14B |
| Lease obligations | $499.8M | $428.2M | $411.7M | $439.6M | $453.4M | $449.8M | $439.7M | $399.8M | $402.3M | $402.1M | $401.2M | $402.5M |
| Other long-term liabilities | $537.2M | $469.6M | $425.6M | $423.1M | $427.5M | $422.4M | $417.2M | $382.7M | $445.5M | $445.0M | $446.3M | $405.0M |
| Total liabilities | $2.06B | $1.98B | $2.01B | $2.01B | $2.00B | $1.98B | $2.01B | $1.92B | $1.93B | $1.94B | $1.99B | $1.93B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $200,000 | $200,000 | $200,000 | $247,000 | $247,000 | $247,000 | $248,000 | $248,000 | $248,000 | $248,000 | $249,000 | $249,000 |
| Retained earnings (deficit) | $181.9M | $180.0M | $175.1M | $189.8M | $189.8M | $183.9M | $183.6M | $186.2M | $175.0M | $159.6M | $150.0M | $124.8M |
| Accumulated other comprehensive income | −$100,000 | −$100,000 | −$100,000 | −$75,000 | −$73,000 | −$75,000 | −$100,000 | −$67,000 | −$69,000 | −$66,000 | −$64,000 | −$67,000 |
| Total shareholders' equity | −$292.0M | −$290.0M | −$273.8M | −$231.9M | −$212.5M | −$215.7M | −$216.0M | −$216.7M | −$231.7M | −$244.8M | −$251.0M | −$273.7M |
| Key figures | ||||||||||||
| Total debt | $1.69B | $1.62B | $1.60B | $1.63B | $1.64B | $1.64B | $1.60B | $1.59B | $1.59B | $1.59B | $1.59B | $1.59B |
| Net cash (debt) | −$1.59B | −$1.47B | −$1.47B | −$1.46B | −$1.45B | −$1.45B | −$1.42B | −$1.42B | −$1.43B | −$1.44B | −$1.44B | −$1.49B |
| Working capital | −$47.6M | −$36.6M | −$13.8M | $18.4M | −$60.5M | −$54.6M | −$59.3M | −$55.4M | −$74.6M | −$92.8M | −$102.7M | −$120.5M |
| Tangible book value | −$1.04B | −$1.07B | −$1.06B | −$1.05B | −$1.03B | −$1.03B | −$1.04B | −$1.05B | −$1.07B | −$1.08B | −$1.09B | −$1.12B |
| Book value per share | −$24.13 | −$23.02 | −$20.59 | −$16.09 | −$14.28 | −$14.47 | −$14.49 | −$14.54 | −$15.51 | −$16.34 | −$16.61 | −$17.98 |
| Shares outstanding | 12.1M | 12.6M | 13.3M | 14.4M | 14.9M | 14.9M | 14.9M | 14.9M | 14.9M | 15.0M | 15.1M | 15.2M |
| Current ratio | 0.86 | 0.89 | 0.96 | 1.05 | 0.86 | 0.87 | 0.87 | 0.86 | 0.81 | 0.77 | 0.78 | 0.69 |
| Quick ratio | 0.55 | 0.75 | 0.68 | 0.76 | 0.66 | 0.67 | 0.68 | 0.65 | 0.60 | 0.57 | 0.60 | 0.48 |
| Equity / assets | −16.5% | −17.2% | −15.8% | −13.1% | −11.9% | −12.2% | −12.1% | −12.7% | −13.7% | −14.4% | −14.4% | −16.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 25, 2026); data from EODHD.
DIN financial position
At the end of fiscal 2025 (December 31, 2025), Dine Brands Global had total assets of $1.7 billion (down 3.0% from a year earlier), total liabilities of $2.0 billion and shareholders' equity of -$273.8 million. It held $128.2 million in cash and short-term investments against $1.6 billion of debt, net debt of $1.5 billion. Its current ratio was 0.96. In the latest quarter (ended June 30, 2026) total assets were $1.8 billion and equity -$292.0 million.
Related: DIN income statement, DIN cash flow statement, DIN key metrics. See the DIN stock overview for the latest quote and news.
DIN balance sheet FAQ
What are Dine Brands Global's total assets?
Dine Brands Global reported total assets of $1.7 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.8 billion a year earlier.
How much debt does Dine Brands Global have?
Dine Brands Global had $1.6 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does Dine Brands Global have?
Dine Brands Global held $128.2 million in cash and short-term investments at the end of fiscal 2025; with $1.6 billion of debt that is net debt of $1.5 billion.
What is Dine Brands Global's book value?
Dine Brands Global's shareholders' equity (book value) was -$273.8 million at the end of fiscal 2025, or −$19.15 per share.
What is Dine Brands Global's current ratio?
Dine Brands Global had current assets of $351.8 million and current liabilities of $365.6 million, a current ratio of 0.96 (current liabilities exceed current assets).
How much goodwill does Dine Brands Global have?
Dine Brands Global carried $783.7 million of goodwill and intangible assets, 45.1% of total assets, at the end of fiscal 2025.