Wingstop Inc (WING)
Debt-to-equity ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 712,327 | 711,867 | 711,411 | 705,483 | 706,846 | 708,176 | 709,546 | 710,918 | 469,394 | 469,084 | 468,774 | 466,056 | 466,933 | 311,240 | 310,846 | 310,461 | 307,669 | 308,081 | 308,511 | 308,931 |
| Total stockholders’ equity | US$ in thousands | -457,366 | -475,442 | -365,351 | -379,790 | -390,861 | -406,596 | -415,470 | -424,227 | -309,525 | -314,132 | -322,243 | -331,728 | -341,310 | -183,537 | -192,672 | -202,948 | -209,428 | -211,575 | -216,368 | -220,478 |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $712,327K ÷ $-457,366K
= —
I'm sorry, but without the specific values for the debt and equity of Wingstop Inc for the relevant periods, I'm unable to calculate and provide an analysis of the debt-to-equity ratio. However, the debt-to-equity ratio is a key financial ratio that indicates the proportion of a company's financing that comes from debt versus equity. A higher ratio typically implies higher financial risk as it means more reliance on debt to finance operations, while a lower ratio indicates a more conservative capital structure. Analyzing changes in the debt-to-equity ratio over time can provide insights into the company's financing strategy, risk profile, and financial health.
Peer comparison
Dec 31, 2023