Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wingstop's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-457.4 Mil. Wingstop's Total Assets for the quarter that ended in Dec. 2023 was $377.8 Mil.
Therefore, Wingstop's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -1.21.
The historical rank and industry rank for Wingstop's Equity-to-Asset or its related term are showing as below:
WING'
s Equity-to-Asset Range Over the Past 10 Years
Min: -1.61 Med: -1.07 Max: -0.08
Current: -1.21
During the past 12 years, the highest Equity to Asset Ratio of Wingstop was -0.08. The lowest was -1.61. And the median was -1.07.
WING's Equity-to-Asset is ranked worse than 97.14% of 350
companies
in the Restaurants industry
Industry Median: 0.37
vs WING: -1.21
Wingstop Equity-to-Asset Historical Data
The historical data trend for Wingstop's Equity-to-Asset 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 Equity-to-Asset
For the Restaurants subindustry, Wingstop's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Wingstop's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Wingstop's Equity-to-Asset falls into.
Wingstop Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Wingstop's Equity to Asset Ratio 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.
Wingstop (NAS:WING) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Wingstop Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Wingstop's Equity-to-Asset 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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