Wendy's Balance Sheet Health
Financial Health criteria checks 1/6
Wendy's has a total shareholder equity of $259.9M and total debt of $2.7B, which brings its debt-to-equity ratio to 1056.6%. Its total assets and total liabilities are $5.1B and $4.8B respectively. Wendy's's EBIT is $359.6M making its interest coverage ratio 3. It has cash and short-term investments of $482.2M.
Key information
1,056.6%
Debt to equity ratio
US$2.75b
Debt
| Interest coverage ratio | 3x |
| Cash | US$482.22m |
| Equity | US$259.85m |
| Total liabilities | US$4.81b |
| Total assets | US$5.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TQK's short term assets ($783.2M) exceed its short term liabilities ($373.1M).
Long Term Liabilities: TQK's short term assets ($783.2M) do not cover its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: TQK's net debt to equity ratio (871.1%) is considered high.
Reducing Debt: TQK's debt to equity ratio has increased from 353.1% to 1056.6% over the past 5 years.
Debt Coverage: TQK's debt is not well covered by operating cash flow (13.2%).
Interest Coverage: TQK's interest payments on its debt are not well covered by EBIT (3x coverage).