Wingstop (Wingstop) LT-Debt-to-Total-Asset : 1.73 (As of Mar. 2024)

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What is Wingstop LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Wingstop's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 1.73.

Wingstop's long-term debt to total assets ratio increased from Mar. 2023 (1.56) to Mar. 2024 (1.73). It may suggest that Wingstop is progressively becoming more dependent on debt to grow their business.

Wingstop LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wingstop's LT-Debt-to-Total-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.

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Wingstop LT-Debt-to-Total-Asset Chart

Wingstop Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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1.85

2.21

1.88

1.67

1.89

Wingstop Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															1.56	1.58	2.02	1.89	1.73

Wingstop LT-Debt-to-Total-Asset Calculation

Wingstop's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	712.327	/	377.825
	=	1.89

Wingstop's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	712.79	/	412.251
	=	1.73

Wingstop (NAS:WING) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Wingstop LT-Debt-to-Total-Asset Related Terms

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Wingstop (Wingstop) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Wingstop Inc (NAS:WING) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

EWG:Germany

Address

15505 Wright Brothers Drive, Addison, TX, USA, 75001

Website

https://www.wingstop.com

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.

Executives

Donnie Upshaw	officer: Senior Vice President, People	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Anne C Fischer	officer: SVP, Chief Growth Officer	C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Wesley S Mcdonald	director
Michael Skipworth	officer: Corporate Controller	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Raj Kapoor	officer: SVP, Pres. of International	C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Krishnan Anand	director	1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Marisa Carona	officer: VP Strategy & Chief of Staff	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75420
Stacy Peterson	officer: Chief Information Officer	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Albert G Mcgrath	officer: See Remarks	C/O FOGO DE CHAO, INC., 14881 QUORUM DRIVE, SUITE 750, DALLAS TX 75254
Craig M Sherwood	officer: SVP, U.S. Development	C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Ania Smith	director	C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DRIVE, ADDISON TX 75001
Alex Kaleida	officer: SVP, Chief Financial Officer	C/O WINGSTOP INC., 15505 WRIGHT BROTHERS DR, ADDISON TX 75001
Nicolas Boudet	officer: See Remarks	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240
Charles R Morrison	director, officer: President and CEO	3551 PLANO PKWY, THE COLONY TX 75056
Mahesh Sadarangani	officer: See remarks	5501 LBJ FREEWAY, 5TH FLOOR, DALLAS TX 75240