Wingstop Total Current Assets vs Total Liab Analysis
WING Stock | USD 327.80 0.74 0.23% |
Wingstop financial indicator trend analysis is more than just analyzing Wingstop current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wingstop is a good investment. Please check the relationship between Wingstop Total Current Assets and its Total Liab accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wingstop. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Wingstop Stock please use our How to Invest in Wingstop guide.
Total Current Assets vs Total Liab
Total Current Assets vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wingstop Total Current Assets account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Wingstop's Total Current Assets and Total Liab is 0.87. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Liab in the same time period over historical financial statements of Wingstop, assuming nothing else is changed. The correlation between historical values of Wingstop's Total Current Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Wingstop are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Current Assets i.e., Wingstop's Total Current Assets and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Wingstop's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wingstop current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wingstop. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Wingstop Stock please use our How to Invest in Wingstop guide.At this time, Wingstop's Enterprise Value Multiple is most likely to decrease significantly in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 15.0M | 21.2M | 18.2M | 11.0M | Depreciation And Amortization | 7.9M | 10.9M | 13.2M | 13.9M |
Wingstop fundamental ratios Correlations
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Wingstop Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wingstop fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 29.7M | 29.8M | 29.9M | 30.0M | 29.9M | 32.2M | |
Total Assets | 166.1M | 211.6M | 249.2M | 424.2M | 377.8M | 215.5M | |
Short Long Term Debt Total | 312.7M | 470.5M | 471.8M | 714.1M | 714.7M | 750.4M | |
Other Current Liab | 20.2M | 37.6M | 26.8M | 36.7M | 56.1M | 58.9M | |
Total Current Liabilities | 32.9M | 50.5M | 39.7M | 62.4M | 71.0M | 35.9M | |
Total Stockholder Equity | (209.4M) | (341.3M) | (309.5M) | (390.9M) | (457.4M) | (434.5M) | |
Other Liab | 27.0M | 30.0M | 49.7M | 31.5M | 36.2M | 28.3M | |
Property Plant And Equipment Net | 27.8M | 27.9M | 54.5M | 66.9M | 91.3M | 95.9M | |
Current Deferred Revenue | 4.4M | 4.6M | 5.0M | 6.0M | 4.8M | 4.1M | |
Net Debt | 299.8M | 429.7M | 420.8M | 529.7M | 624.5M | 314.8M | |
Retained Earnings | (210.3M) | (342.0M) | (310.0M) | (393.3M) | (460.0M) | (437.0M) | |
Accounts Payable | 3.3M | 3.7M | 5.4M | 5.2M | 4.7M | 3.2M | |
Cash | 12.8M | 40.9M | 48.6M | 184.5M | 90.2M | 94.7M | |
Non Current Assets Total | 135.9M | 138.9M | 179.1M | 197.5M | 233.5M | 150.8M | |
Non Currrent Assets Other | 12.3M | 13.0M | 24.7M | 22.3M | 30.3M | 31.8M | |
Other Assets | 503K | 57.3M | 24.7M | 6.4M | 7.4M | 10.4M | |
Long Term Debt | 307.7M | 466.9M | 469.4M | 706.8M | 712.3M | 747.9M | |
Cash And Short Term Investments | 12.8M | 40.9M | 48.6M | 184.5M | 90.2M | 94.7M | |
Net Receivables | 5.8M | 4.0M | 7.0M | 9.5M | 12.4M | 13.0M | |
Good Will | 50.2M | 53.7M | 56.9M | 62.5M | 67.7M | 56.8M | |
Common Stock Total Equity | 295K | 297K | 299K | 300K | 345K | 315.2K | |
Liabilities And Stockholders Equity | 166.1M | 211.6M | 249.2M | 424.2M | 377.8M | 215.5M | |
Non Current Liabilities Total | 342.6M | 502.4M | 519.0M | 752.6M | 764.2M | 389.1M | |
Inventory | 315K | 396K | 484K | 389K | 535K | 341.1K | |
Other Current Assets | 11.2M | 27.3M | 4.9M | 32.3M | 41.2M | 43.2M | |
Other Stockholder Equity | 552.0K | 421K | 463K | 2.8M | 2.7M | 2.5M | |
Total Liab | 375.5M | 552.9M | 558.7M | 815.1M | 835.2M | 425.0M | |
Property Plant And Equipment Gross | 36.1M | 27.9M | 54.5M | 66.9M | 133.1M | 139.8M | |
Total Current Assets | 30.2M | 72.6M | 70.1M | 226.7M | 144.3M | 151.6M | |
Accumulated Other Comprehensive Income | (12.7M) | 0.0 | (256K) | (637K) | (341K) | (358.1K) | |
Short Term Debt | 5.0M | 6.0M | 2.4M | 9.6M | 2.4M | 4.5M | |
Intangible Assets | 45.6M | 44.3M | 43.0M | 41.7M | 40.4M | 37.6M | |
Common Stock | 293K | 295K | 297K | 299K | 300K | 315.8K | |
Property Plant Equipment | 27.8M | 27.9M | 54.5M | 66.9M | 76.9M | 80.7M | |
Net Tangible Assets | (292.3M) | (439.3M) | (409.4M) | (495.1M) | (445.6M) | (423.3M) | |
Deferred Long Term Liab | 26.8M | 4.5M | 7.4M | 4.2M | 3.8M | 3.6M | |
Short Long Term Debt | 2.4M | 3.2M | 3.6M | 7.3M | 6.6M | 12.3M | |
Retained Earnings Total Equity | (210.3M) | (342.0M) | (310.0M) | (393.3M) | (354.0M) | (336.3M) | |
Long Term Debt Total | 307.7M | 466.9M | 469.4M | 706.8M | 812.9M | 853.5M | |
Capital Surpluse | 552K | 421K | 463K | 2.8M | 2.5M | 4.4M |
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When determining whether Wingstop is a strong investment it is important to analyze Wingstop's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wingstop's future performance. For an informed investment choice regarding Wingstop Stock, refer to the following important reports:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wingstop. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Wingstop Stock please use our How to Invest in Wingstop guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wingstop. If investors know Wingstop will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wingstop listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.353 | Dividend Share 0.93 | Earnings Share 3.43 | Revenue Per Share 20.144 | Quarterly Revenue Growth 0.388 |
The market value of Wingstop is measured differently than its book value, which is the value of Wingstop that is recorded on the company's balance sheet. Investors also form their own opinion of Wingstop's value that differs from its market value or its book value, called intrinsic value, which is Wingstop's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wingstop's market value can be influenced by many factors that don't directly affect Wingstop's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wingstop's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wingstop is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wingstop's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.