The Wendy’s Co (WEN)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 259,352 | 309,779 | 465,720 | 436,405 | 549,596 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $259,352K
= 0.00
The debt-to-equity ratio for The Wendy’s Co has consistently been reported as 0.00 from December 31, 2020 to December 31, 2024. This indicates that the company has either no debt or very minimal debt compared to its equity during this period. A debt-to-equity ratio of 0.00 typically signifies that the company is primarily financed by equity rather than debt, which can be viewed positively as it suggests lower financial risk and less reliance on borrowing. This stable trend in the debt-to-equity ratio over the years may indicate a conservative financial strategy focused on maintaining a healthy balance between debt and equity in the company's capital structure.
Peer comparison
Dec 31, 2024