What is Wingstop Effective Interest Rate on Debt %?
Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Wingstop's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $18.2 Mil. Wingstop's average total debt for the quarter that ended in Mar. 2024 was $713.7 Mil. Therefore, Wingstop's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.55%.
Wingstop Effective Interest Rate on Debt % Historical Data
The historical data trend for Wingstop's Effective Interest Rate on Debt % 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.
Competitive Comparison of Wingstop's Effective Interest Rate on Debt %
For the Restaurants subindustry, Wingstop's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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.
Wingstop's Effective Interest Rate on Debt % Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Wingstop's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Wingstop's Effective Interest Rate on Debt % falls into.
Wingstop Effective Interest Rate on Debt % Calculation
Wingstop's annualized Effective Interest Rate on Debt % for the fiscal year 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.
In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data,
the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Wingstop (NAS:WING) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Wingstop Effective Interest Rate on Debt % Related Terms
Thank you for viewing the detailed overview of Wingstop's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 1994 in Garland, Texas, Wingstop is a restaurant operator specializing in indulgent bone-in and boneless chicken wings, chicken tenders, fries, and recently chicken sandwiches. The firm's footprint has grown quickly since its inception, reaching nearly 2,000 global stores at the end of 2022, rendering Wingstop the 40th-largest restaurant chain in the U.S. by system sales, according to Technomic data. With a 98% franchised model, Wingstop generates the lion share of its revenue from franchise royalties and advertising fees, with the remainder derived from a small footprint of company-owned stores.
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