Wendy's Balance Sheet Health
Financial Health criteria checks 2/6
Wendy's has a total shareholder equity of $293.7M and total debt of $2.8B, which brings its debt-to-equity ratio to 938.7%. Its total assets and total liabilities are $5.2B and $4.9B respectively. Wendy's's EBIT is $377.8M making its interest coverage ratio 3.1. It has cash and short-term investments of $498.3M.
Key information
938.7%
Debt to equity ratio
US$2.76b
Debt
Interest coverage ratio | 3.1x |
Cash | US$498.33m |
Equity | US$293.65m |
Total liabilities | US$4.90b |
Total assets | US$5.19b |
Recent financial health updates
Wendy's (NASDAQ:WEN) Has A Somewhat Strained Balance Sheet
Oct 31Wendy's (NASDAQ:WEN) Has A Somewhat Strained Balance Sheet
Jul 07We Think Wendy's (NASDAQ:WEN) Is Taking Some Risk With Its Debt
Mar 29Recent updates
The Price Is Right For The Wendy's Company (NASDAQ:WEN)
Jun 27Wendy's (NASDAQ:WEN) Has Affirmed Its Dividend Of $0.25
May 24Wendy's: I Continue To Await New Developments From '70/30 Strategy'
May 20Wendy's (NASDAQ:WEN) Has Affirmed Its Dividend Of $0.25
May 09Wendy's: Lacks Impactful Growth Catalysts
Apr 17Slowing Rates Of Return At Wendy's (NASDAQ:WEN) Leave Little Room For Excitement
Apr 12The Wendy's Company's (NASDAQ:WEN) P/E Is On The Mark
Mar 28The Wendy's Company: Staying On The Side Lines As I Remain Uncertain About FY24
Mar 03Wendy's (NASDAQ:WEN) Has Announced A Dividend Of $0.25
Feb 19Wendy's: Overleveraged Balance Sheet And Rich Valuation Make It A Sell
Feb 02Estimating The Fair Value Of The Wendy's Company (NASDAQ:WEN)
Jan 30Returns At Wendy's (NASDAQ:WEN) Appear To Be Weighed Down
Jan 11Investor Optimism Abounds The Wendy's Company (NASDAQ:WEN) But Growth Is Lacking
Dec 18At US$18.79, Is It Time To Put The Wendy's Company (NASDAQ:WEN) On Your Watch List?
Nov 30Wendy's (NASDAQ:WEN) Has A Somewhat Strained Balance Sheet
Oct 31Estimating The Intrinsic Value Of The Wendy's Company (NASDAQ:WEN)
Sep 28Here's Why We Think Wendy's (NASDAQ:WEN) Is Well Worth Watching
Sep 15Analysts Are Updating Their The Wendy's Company (NASDAQ:WEN) Estimates After Its Second-Quarter Results
Aug 12What Does The Wendy's Company's (NASDAQ:WEN) Share Price Indicate?
Jul 21Wendy's (NASDAQ:WEN) Has A Somewhat Strained Balance Sheet
Jul 07Return Trends At Wendy's (NASDAQ:WEN) Aren't Appealing
Jun 22A Look At The Intrinsic Value Of The Wendy's Company (NASDAQ:WEN)
May 24At US$21.70, Is The Wendy's Company (NASDAQ:WEN) Worth Looking At Closely?
Apr 11We Think Wendy's (NASDAQ:WEN) Is Taking Some Risk With Its Debt
Mar 29Returns At Wendy's (NASDAQ:WEN) Appear To Be Weighed Down
Mar 15A Look At The Fair Value Of The Wendy's Company (NASDAQ:WEN)
Feb 16Wendy's (NASDAQ:WEN) Has Announced That It Will Be Increasing Its Dividend To $0.25
Jan 30Wendy's (NASDAQ:WEN) Has Announced That It Will Be Increasing Its Dividend To $0.25
Jan 16Slowing Rates Of Return At Wendy's (NASDAQ:WEN) Leave Little Room For Excitement
Dec 09Wendy's (NASDAQ:WEN) Will Pay A Dividend Of $0.125
Nov 26Wendy's (NASDAQ:WEN) Has Affirmed Its Dividend Of $0.125
Nov 12Financial Position Analysis
Short Term Liabilities: WEN's short term assets ($867.5M) exceed its short term liabilities ($425.4M).
Long Term Liabilities: WEN's short term assets ($867.5M) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: WEN's net debt to equity ratio (769%) is considered high.
Reducing Debt: WEN's debt to equity ratio has increased from 362.9% to 938.7% over the past 5 years.
Debt Coverage: WEN's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: WEN's interest payments on its debt are well covered by EBIT (3.1x coverage).