Wingstop Inc (WING)

Current ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Total current assets	US$ in thousands	395,618	166,237	162,788	170,876	144,344	132,843	238,183	249,402	226,672	223,091	209,479	324,233	70,149	88,802	84,708	81,144	72,620	82,285	67,456	52,848
Total current liabilities	US$ in thousands	87,443	118,891	84,536	78,829	71,004	67,332	58,788	79,311	62,412	60,655	52,665	171,368	39,681	59,309	51,645	48,178	50,473	57,420	47,579	45,291
Current ratio		4.52	1.40	1.93	2.17	2.03	1.97	4.05	3.14	3.63	3.68	3.98	1.89	1.77	1.50	1.64	1.68	1.44	1.43	1.42	1.17

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 fluctuations over the past few years. The current ratio measures the company's ability to meet its short-term obligations with its current assets.

As of December 31, 2024, Wingstop Inc's current ratio stands at 4.52, indicating that the company had $4.52 in current assets for every $1 of current liabilities. This signifies a strong liquidity position for the company, as it has more than enough current assets to cover its short-term obligations.

It is worth noting that the current ratio has been volatile in recent quarters, ranging from 1.17 in March 2020 to 4.52 in December 2024. The upward trend in recent periods indicates an improvement in the company's liquidity position, which could be attributed to better management of current assets and liabilities.

Overall, Wingstop Inc's current ratio of 4.52 as of December 31, 2024, reflects a healthy liquidity position and suggests that the company is well-equipped to meet its short-term financial obligations.