The Wendy's Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $99 Mil. The Wendy's Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,041 Mil. The Wendy's Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $310 Mil.
The Wendy's Co's debt to equity for the quarter that ended in Dec. 2023 was 13.36.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for The Wendy's Co's Debt-to-Equity or its related term are showing as below:
WEN'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.84 Med: 5.75 Max: 13.36
Current: 13.36
During the past 13 years, the highest Debt-to-Equity Ratio of The Wendy's Co was 13.36. The lowest was 0.84. And the median was 5.75.
The Wendy's Co Debt-to-Equity Historical Data
The historical data trend for The Wendy's Co's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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The Wendy's Co Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
7.19 |
6.69 |
8.84 |
9.19 |
13.36 |
|
The Wendy's Co Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9.19 |
10.08 |
10.77 |
12.22 |
13.36 |
Competitive Comparison
For the Restaurants subindustry, The Wendy's Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The Wendy's Co Debt-to-Equity Distribution
For the Restaurants industry and Consumer Cyclical sector, The Wendy's Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where The Wendy's Co's Debt-to-Equity falls into.
The Wendy's Co Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
The Wendy's Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
The Wendy's Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The Wendy's Co (The Wendy's Co) Business Description
Traded in Other Exchanges
Address
One Dave Thomas Boulevard, Dublin, OH, USA, 43017
The Wendy's Company is the second-largest burger quick-service restaurant, or QSR, chain in the United States by systemwide sales, with $11.7 billion in 2022, narrowly edging Burger King ($10.3 billion) and clocking in well behind wide-moat McDonald's ($48.1 billion). After divestitures of Tim Hortons (2006) and Arby's (2011), the firm manages just the burger banner, generating sales across a footprint that spanned almost 7,100 total units in 30 countries as of year-end 2022. Wendy's generates revenue from the sale of hamburgers, chicken sandwiches, salads, and fries throughout its company-owned footprint, through franchise royalty and marketing fund payments remitted by its franchisees, which account for 94% of stores, and through franchise flipping and advisory fees.
Executives
| Joseph A Levato |
director |
C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BLVD., DUBLIN OH 43017 |
| Trian Fund Management, L.p. |
other: Schedule 13D Filer |
280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017 |
| Kenneth W Gilbert |
director |
C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BLVD., DUBLIN OH 43017 |
| Michelle Caruso-cabrera |
director |
C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BLVD., DUBLIN OH 43017 |
| Liliana Esposito |
officer: Chief Communications Officer |
ONE DAVE THOMAS BLVD., DUBLIN OH 43017 |
| Nelson Peltz |
director, 10 percent owner, officer: Chairman and CEO |
223 SUNSET AVENUE, PALM BEACH FL 33480 |
| Edward P Garden |
officer: Executive Vice President |
223 SUNSET AVENUE, PALM BEACH FL 33480 |
| Peter W May |
director, 10 percent owner, officer: President and COO |
223 SUNSET AVENUE, PALM BEACH FL 33480 |
| Matthew H. Peltz |
director |
280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017 |
| Trian Partners Master Fund, L.p. |
other: Schedule 13D Filer |
280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017 |
| Deepak Ajmani |
officer: Chief Operations Officer - U.S |
C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BLVD., DUBLIN OH 43017 |
| Juan Carlos Loredo |
officer: Global Chief Marketing Officer |
C/O THE WENDY'S COMPANY, ONE DAVE THOMAS BLVD., DUBLIN OH 43017 |
| Suzanne M. Thuerk |
officer: Chief Accounting Officer |
ONE DAVE THOMAS BLVD., C/O THE WENDY'S COMPANY, DUBLIN OH 43017 |
| Richard H. Gomez |
director |
1000 NICOLLET MALL, MINNEAPOLIS MN 55403 |
| O'brien Matthew Coley |
officer: Chief People Officer |
ONE DAVE THOMAS BLVD., DUBLIN OH 43017 |
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