Wingstop Balance Sheet Health
Financial Health criteria checks 1/6
Wingstop has a total shareholder equity of $-457.4M and total debt of $712.3M, which brings its debt-to-equity ratio to -155.7%. Its total assets and total liabilities are $377.8M and $835.2M respectively. Wingstop's EBIT is $117.8M making its interest coverage ratio 6.5. It has cash and short-term investments of $90.2M.
Key information
-155.7%
Debt to equity ratio
US$712.33m
Debt
Interest coverage ratio | 6.5x |
Cash | US$90.22m |
Equity | -US$457.37m |
Total liabilities | US$835.19m |
Total assets | US$377.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EWG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EWG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: EWG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: EWG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: EWG's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: EWG's interest payments on its debt are well covered by EBIT (6.5x coverage).