Wingstop Inc (WING)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 377,825 | 351,676 | 451,217 | 451,297 | 424,190 | 411,036 | 395,361 | 507,296 | 249,203 | 260,399 | 234,264 | 217,771 | 211,565 | 219,691 | 201,114 | 188,514 | 166,113 | 168,067 | 150,025 | 151,450 |
| 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 |
| Financial leverage ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $377,825K ÷ $-457,366K
= —
The financial leverage ratio for Wingstop Inc is not provided in the table. To calculate the financial leverage ratio, one would typically use the formula:
Financial Leverage Ratio = Total Debt / Total Equity
Total debt and total equity figures are necessary to compute this ratio, which are not available in the provided data. The financial leverage ratio indicates the proportion of a company's assets that are financed by debt rather than equity. A higher financial leverage ratio suggests that the company relies more on debt to finance its operations, which can increase financial risk but also potentially amplify returns. Conversely, a lower ratio indicates a lower reliance on debt financing. Understanding this ratio helps in evaluating the company's financial structure and risk profile.
Peer comparison
Dec 31, 2023