Wingstop Inc (WING)
Financial leverage ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 377,825 | 424,190 | 249,203 | 211,565 | 166,113 |
| Total stockholders’ equity | US$ in thousands | -457,366 | -390,861 | -309,525 | -341,310 | -209,428 |
| Financial leverage ratio | — | — | — | — | — |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $377,825K ÷ $-457,366K
= —
To calculate the financial leverage ratio, we need data on Wingstop Inc's total debt and total equity. Unfortunately, the provided table does not contain this information for the years 2019 to 2023. The financial leverage ratio indicates the extent to which the company relies on debt to finance its operations and growth. A high ratio may suggest higher financial risk due to increased debt levels, while a lower ratio indicates a stronger equity position relative to debt. Without the specific values for total debt and total equity, a meaningful analysis of Wingstop Inc's financial leverage ratio cannot be performed at this time.
Peer comparison
Dec 31, 2023