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Dine Brands Global DIN Goodwill Additions

Discontinued — last reported Q4 '22

Goodwill Additions at other companies

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$2.29M+30.6%

Segments

By segment

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Company-Owned Restaurants$1.6M
Franchise$0

Other financials

Income statement

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Revenue$240.9M+4.4%
Gross profit$160.2M+10.9%
Net income$4.3M-68.8%
EPS (diluted)$0.35-60.7%

Balance sheet

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Cash & equivalents$172.8M-34.4%
Total debt$1.7B+4.0%
Total equity-$292.0M-37.4%
Total assets$1.8B-1.0%

Cash flow

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Operating cash flow$12.4M-66.5%
CapEx$11.1M+85.0%
Free cash flow-$4.6M-136%

Valuation

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Market cap$451.81M+41.3%
Enterprise value$1.96B+17.2%
P/E13.8×+7.5×
P/S0.5×+0.1×

Profitability

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Gross margin64.6%+4.4pp
Net margin4%-7.4pp
FCF margin10.2%-3.8pp

Returns & leverage

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Return on equity32.8%
Debt / equity5.2×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Dine Brands Global in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.

The source filing: Dine Brands Global’s 10-K, filed February 28, 2024.

Filed
Feb 28, 2024
Fiscal year
FY2023
Accession
0001628280-24-007397
Line itemApplebee's Franchise UnitApplebee's Company UnitIHOP Franchise UnitFuzzy's Franchise UnitTotal
(In millions)
Balance at December 31, 2020$236.2$4.6$10.8$251.6
Balance at December 31, 2021236.24.610.8251.6
Disposition of assets(4.6)(4.6)
Business acquisition7.07.0
Balance at December 31, 2022236.210.87.0254.0
Purchase price adjustment0.10.1
Balance at December 31, 2023$236.2$10.8$7.1$254.1

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Dine Brands Global's goodwill additions?
Dine Brands Global (DIN) reported goodwill additions of $1.75M in Q4 2022.
What does goodwill additions mean?
Represents the value of goodwill recognized during the period as a result of business combinations and acquisitions. This metric indicates the company's inorganic growth strategy and the premium paid for acquired assets. It is a key indicator of capital allocation toward external expansion.

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