Wingstop Inc (WING)

Debt-to-equity ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Long-term debt	US$ in thousands	712,327	706,846	469,394	466,933	307,669
Total stockholders’ equity	US$ in thousands	-457,366	-390,861	-309,525	-341,310	-209,428
Debt-to-equity ratio		—	—	—	—	—

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $712,327K ÷ $-457,366K
= —

Since the debt-to-equity ratio for Wingstop Inc is not provided over the years 2019 to 2023, we are unable to directly assess the company's leverage position. The debt-to-equity ratio is a key metric used to evaluate a company's debt relative to its equity and can indicate the level of financial risk a company is exposed to. Without this information, it is challenging to determine how much debt Wingstop Inc has utilized in its capital structure compared to its equity financing. Analyzing trends in the debt-to-equity ratio over multiple periods could provide insights into the company's financing decisions and risk management strategies. Further details or additional ratios would be necessary to conduct a more thorough analysis of Wingstop Inc's financial leverage and overall financial health.