Wingstop Inc (WING)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 395,618 | 144,344 | 226,672 | 70,149 | 72,620 |
| Total current liabilities | US$ in thousands | 87,443 | 71,004 | 62,412 | 39,681 | 50,473 |
| Current ratio | 4.52 | 2.03 | 3.63 | 1.77 | 1.44 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $395,618K ÷ $87,443K
= 4.52
Wingstop Inc's current ratio has shown a varying trend over the past five years. Starting at 1.44 on December 31, 2020, the ratio increased to 1.77 by the end of 2021 and then notably surged to 3.63 by December 31, 2022. However, there was a slight decrease to 2.03 on December 31, 2023 before a significant rise to 4.52 by the end of 2024. This indicates that Wingstop Inc's short-term liquidity position improved significantly in 2022 and 2024, suggesting the company may have better ability to cover its short-term obligations with its current assets during those years.
Peer comparison
Dec 31, 2024