The Wendy’s Co (WEN)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 5,034,840 | 5,182,830 | 5,499,340 | 5,101,390 | 5,040,010 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $5,034,840K
= 0.00
The debt-to-assets ratio for The Wendy's Co indicates that the company had no financial leverage as of December 31 for the years 2020, 2021, 2022, 2023, and 2024. This suggests that the company's assets were entirely financed by equity rather than debt during those periods. A debt-to-assets ratio of 0.00 typically signals a conservative financial position, as there is no debt exposure impacting the company's asset base. It implies that the company may have chosen to fund its operations and investments without relying on borrowed funds.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
The Wendy’s Co
WEN
0.00
Shake Shack Inc
SHAK
0.00
Starbucks Corporation
SBUX
0.46