How much debt does Wingstop have?
According to Wingstop's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Wingstop's total debt stands at $59.23M. This is broken down into:
- Long-term debt: $58.17M
- Short-term debt: $-
The company's net debt, which accounts for cash and cash equivalents, is $-256.68M. In terms of overall financial obligations, Wingstop's total liabilities amount to $1.39B.
Debt Ratios and Metrics
To better understand Wingstop's debt position, we can look at several key ratios:
- Debt to Equity Ratio: -0.09 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 8.27% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 7.78 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: -9.42% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: -9.61% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Wingstop's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$59.23M
Long-term Debt
$58.17M
Short-term Debt
$-
Net Debt
$-256.68M
Total Liabilities
$1.39B
Interest Coverage
7.78
Debt to Equity Ratio
-0.09
Debt Ratio
8.27%
Wingstop Historical Debt Metrics
Wingstop Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $59.23M | $58.17M | $- | $-256.68M | $1.39B | -0.09 | 8.27% | 7.78 | -9.42% | -9.61% |
| 2023 | $714.71M | $730.13M | $2.38M | $624.49M | $835.19M | -1.56 | 189.16% | 6.18 | 279.39% | 277.73% |
| 2022 | $714.15M | $706.85M | $9.58M | $529.65M | $815.05M | -1.83 | 168.36% | 4.33 | 223.70% | 220.90% |
| 2021 | $469.39M | $469.39M | $13.82M | $420.81M | $558.73M | -1.52 | 188.36% | 4.92 | 293.61% | 293.61% |
| 2020 | $470.53M | $472.41M | $5.99M | $429.68M | $552.88M | -1.38 | 222.41% | 3.42 | 371.69% | 364.12% |
| 2019 | $312.68M | $315.64M | $5.01M | $299.83M | $375.54M | -1.49 | 188.23% | 2.50 | 313.18% | 302.84% |
| 2018 | $311.77M | $309.37M | $10.68M | $299.28M | $364.58M | -1.39 | 223.10% | 3.81 | 365.93% | 358.59% |
| 2017 | $133.34M | $129.84M | $6.86M | $129.28M | $168.09M | -2.76 | 111.27% | 7.07 | 159.14% | 156.71% |
| 2016 | $150.72M | $147.22M | $6.47M | $146.97M | $186.43M | -2.02 | 134.81% | 6.64 | 202.81% | 198.08% |
| 2015 | $95.50M | $95.01M | $- | $84.81M | $130.81M | -9.87 | 78.83% | 5.67 | 111.34% | 111.27% |
Related Metrics
Explore detailed financial metrics and analysis for WING.