Wendy's Balance Sheet Health
Financial Health criteria checks 2/6
Wendy's has a total shareholder equity of $273.8M and total debt of $2.8B, which brings its debt-to-equity ratio to 1005%. Its total assets and total liabilities are $5.1B and $4.8B respectively. Wendy's's EBIT is $370.5M making its interest coverage ratio 3. It has cash and short-term investments of $465.5M.
Key information
1,005.0%
Debt to equity ratio
US$2.75b
Debt
| Interest coverage ratio | 3x |
| Cash | US$465.49m |
| Equity | US$273.75m |
| Total liabilities | US$4.81b |
| Total assets | US$5.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TQK's short term assets ($790.6M) exceed its short term liabilities ($364.9M).
Long Term Liabilities: TQK's short term assets ($790.6M) do not cover its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: TQK's net debt to equity ratio (834.9%) is considered high.
Reducing Debt: TQK's debt to equity ratio has increased from 354.6% to 1005% over the past 5 years.
Debt Coverage: TQK's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: TQK's interest payments on its debt are well covered by EBIT (3x coverage).