WING (Wingstop) Liabilities-to-Assets : 2.18 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WING Wingstop Inc WING
82 GF Score
Price $116.72
GF Value $373.81
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Wingstop Liabilities-to-Assets?

Wingstop WING -5.81% 82 Liabilities-to-Assets is 2.18 as of Jun. 2026. GuruFocus rates WING with a GF Score™ of 82/100 and a GF Value™ of $373.81 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Wingstop's Total Liabilities for the quarter that ended in Jun. 2026 was $1,431.0 Mil. Wingstop's Total Assets for the quarter that ended in Jun. 2026 was $658.0 Mil. Therefore, Wingstop's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 was 2.18.


Wingstop  (NAS:WING) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Wingstop Liabilities-to-Assets Related Terms


Wingstop Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Wingstop's Liabilities-to-Assets 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.

Wingstop Liabilities-to-Assets Chart

Wingstop Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 1.92 2.21 1.94 2.06

Wingstop Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.97 1.97 2.06 2.23 2.18

WING vs CAKE, SHAK, ARCO: Liabilities-to-Assets Comparison

For the Restaurants subindustry, Wingstop's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Wingstop's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Wingstop's Liabilities-to-Assets falls into.


WING
82GF Score
Wingstop Inc WING
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wingstop Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Wingstop's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Liabilities-to-Assets (A: Dec. 2025 )=Total Liabilities/Total Assets
=1430.171/693.409
=2.06

Wingstop's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 is calculated as

Liabilities-to-Assets (Q: Jun. 2026 )=Total Liabilities/Total Assets
=1430.978/657.991
=2.17

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 2.18 mean?
Wingstop (WING) has a Liabilities-to-Assets of 2.18 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Wingstop and its competitors.
Is Wingstop's Liabilities-to-Assets too high?
Wingstop's current Liabilities-to-Assets is 2.18. Overall, Wingstop has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wingstop's Liabilities-to-Assets compare to CAKE and SHAK?
Wingstop's Liabilities-to-Assets of 2.18 can be compared against companies in the Restaurants industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Restaurants company?
A good Liabilities-to-Assets depends on the Restaurants industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Wingstop and its competitors. Wingstop's current Liabilities-to-Assets is 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wingstop stock overvalued right now?
Based on GuruFocus' analysis, Wingstop (WING) is currently considered Significantly Undervalued. The stock's GF Value™ is $373.81, compared to a current price of $116.72 — trading 68.8% below its estimated fair value. The current Liabilities-to-Assets is 2.18. Wingstop's overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Wingstop (WING), the current Liabilities-to-Assets is 2.18 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wingstop (WING) Overvalued in 2026?

Based on GuruFocus' analysis, Wingstop stock appears to be undervalued. The current stock price of $116.72 is trading 68.8% below its estimated GF Value™ of $373.81. GuruFocus considers Wingstop to be Significantly Undervalued.

Key valuation signals for WING:

  • Liabilities-to-Assets: 2.18
  • GF Value™: $373.81 vs. price of $116.72 (68.8% below fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the WING stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wingstop Business Description

Other Exchanges WST:Germany
Address 2801 N Central Expressway, Suite 1600, Dallas, TX, USA, 75204
Wingstop is a fast casual restaurant concept built around a simple chicken-centric menu. The firm primarily offers bone-in and boneless wings, tenders, and a chicken sandwich, customizable across 12 flavors. The banner generated $5.3 billion in system sales in 2025 across 3,056 units, with 85% located in the US. Wingstop largely operates as a franchisor, with 98% of units franchised, and earns revenue largely from collecting royalties and advertising fees paid by franchisees, with a smaller contribution from company-owned restaurant sales.
82GF Score

Get the complete analysis for WING

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$116.72
Price
$373.81
GF Value