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WING Financial Statements and Analysis

NASDAQ : WING

Wingstop Inc.

$305.50
-2.645-0.86%
At Close 4:00 PM
62.35
B-ESG ScoreESG Rating

WING FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

WING Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-282024-06-292024-03-302023-12-302023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue162.498M155.699M145.789M127.057M117.104M
cost of revenue85.332M27.834M74.463M65.517M60.003M
gross profit77.166M127.865M71.326M61.54M57.101M
gross profit ratio0.4750.8210.4890.4840.488
research and development expenses00000
general and administrative expenses00000
selling and marketing expenses00000
selling general and administrative expenses32.294M86.645M25.178M28.078M23.047M
other expenses5.054M471.00K303.00K66.00K19.00K
operating expenses37.348M86.645M28.588M31.726M26.431M
cost and expenses122.68M114.479M103.051M97.243M86.434M
interest income00004.52M
interest expense5.13M5.20M4.544M4.89M4.52M
depreciation and amortization5.054M5.161M3.41M3.648M3.384M
ebitda45.672M46.852M46.451M33.528M34.073M
ebitda ratio0.2810.2980.3190.2640.291
operating income39.818M41.22M42.738M29.814M30.652M
operating income ratio0.2450.2650.2930.2350.262
total other income expenses net-4.33M-4.729M-4.241M66.00K1.00K
income before tax35.488M36.491M38.497M24.99M26.151M
income before tax ratio0.2180.2340.2640.1970.223
income tax expense9.756M9.006M9.75M6.176M6.64M
net income25.732M27.485M28.747M18.814M19.511M
net income ratio0.1580.1770.1970.1480.167
eps0.880.940.980.640.66
eps diluted0.880.930.980.640.65
weighted average shs out29.265M29.343M29.349M29.407M29.75M
weighted average shs out dil29.383M29.457M29.478M29.508M29.818M
Graph

WING Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-282024-06-292024-03-302023-12-302023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents83.958M139.961M108.305M90.216M77.983M
short term investments00000
cash and short term investments83.958M139.961M108.305M90.216M77.983M
net receivables16.939M16.059M13.643M12.408M11.951M
inventory0045.154M535.00K37.002M
other current assets65.34M49.98M48.928M846.00K5.907M
total current assets166.237M162.788M170.876M144.344M132.843M
property plant equipment net176.872M163.117M99.345M91.292M84.344M
goodwill74.749M68.733M67.708M67.708M65.175M
intangible assets39.492M39.808M40.124M40.44M40.759M
goodwill and intangible assets114.241M108.541M107.832M108.148M105.934M
long term investments035.182M-5.634M-15.638M0
tax assets04.626M5.634M15.638M0
other non current assets27.412M-22.433M34.198M34.041M28.555M
total non current assets318.525M289.033M241.375M233.481M218.833M
other assets00000
total assets484.762M451.821M412.251M377.825M351.676M
account payables10.301M5.752M6.444M4.725M5.104M
short term debt7.066M8.122M02.38M0
tax payables0002.948M0
deferred revenue032.928M31.543M6.772M0
other current liabilities101.524M70.662M72.385M57.127M62.228M
total current liabilities118.891M84.536M78.829M71.004M67.332M
long term debt774.143M767.201M730.624M712.327M711.867M
deferred revenue non current37.007M32.928M31.543M30.145M28.769M
deferred tax liabilities non current2.097M4.626M5.634M3.721M2.98M
other non current liabilities90.00K71.00K017.994M16.17M
total non current liabilities813.337M804.826M767.801M764.187M759.786M
other liabilities00000
capital lease obligations63.947M53.943M17.834M2.38M0
total liabilities932.228M889.362M846.63M835.191M827.118M
preferred stock00000
common stock292.00K293.00K294.00K293.00K294.00K
retained earnings-449.336M-439.326M-435.226M-459.994M-476.413M
accumulated other comprehensive income loss63.00K-377.00K-365.00K-341.00K-561.00K
other total stockholders equity1.515M1.869M918.00K2.676M1.238M
total stockholders equity-447.466M-437.541M-434.379M-457.366M-475.442M
total equity-447.466M-437.541M-434.379M-457.366M-475.442M
total liabilities and stockholders equity484.762M451.821M412.251M377.825M351.676M
minority interest00000
total investments-2.097M35.182M-5.634M-15.638M0
total debt777.676M771.262M712.79M714.707M711.867M
net debt693.718M631.301M604.485M624.491M633.884M
Graph

WING Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-282024-06-292024-03-302023-12-302023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax-2.529M-1.008M1.913M-351.00K-170.00K
stock based compensation7.273M4.926M3.812M5.539M3.128M
change in working capital32.977M-907.00K6.261M9.691M9.40M
accounts receivables-1.19M-2.106M-1.235M-457.00K-1.204M
inventory000470.00K111.00K
accounts payables18.94M3.284M-127.00K7.642M6.52M
other working capital15.227M-2.085M7.219M2.036M3.973M
other non cash items524.00K14.591M516.00K513.00K527.00K
net cash provided by operating activities69.031M36.178M44.659M37.854M35.78M
investments in property plant and equipment-14.116M-10.301M-11.158M-12.538M-11.293M
acquisitions net-10.756M-3.292M0-6.436M0
purchases of investments00-500.00K00
sales maturities of investments00000
other investing activites0-3.292M-500.00K320.00K0
net cash used for investing activites-24.872M-13.593M-11.658M-18.654M-11.293M
debt repayment000-208.00K-270.00K
common stock issued0546.00K708.00K208.00K270.00K
common stock repurchased-34.99M-29.22M-3.717M-151.00K-125.316M
dividends paid-7.904M-6.471M-6.606M-6.474M-6.597M
other financing activites-230.00K-401.00K-3.717M155.00K270.00K
net cash used provided by financing activities-43.124M-35.546M-9.615M-6.47M-131.643M
effect of forex changes on cash00000
net change in cash1.035M-13.498M23.386M12.73M-107.156M
cash at end of period131.136M139.961M143.062M119.676M106.946M
cash at beginning of period130.101M153.459M119.676M106.946M214.102M
operating cashflow69.031M36.178M44.659M37.854M35.78M
capital expenditure-14.116M-10.301M-11.158M-12.538M-11.293M
free cash flow54.915M25.877M33.501M25.316M24.487M
Graph

Frequently Asked Questions

How did Wingstop Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, WING generated $162.50M in revenue last quarter, while its costs came in at $85.33M.

Last quarter, how much Gross Profit did Wingstop Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Wingstop Inc. reported a $77.17M Gross Profit for the quarter ended Sep 28, 2024.

Have WING's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. WING incurred $37.35M worth of Operating Expenses, while it generated $39.82M worth of Operating Income.

How much Net Income has WING posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Wingstop Inc., the company generated $25.73M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Wingstop Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Wingstop Inc. as of the end of the last quarter was $83.96M.

What are WING's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, WING had Total Net Receivables of $16.94M.

In terms of Total Assets and Current Assets, where did Wingstop Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of WING were $166.24M, while the Total Assets stand at $484.76M.

As of the last quarter, how much Total Debt did Wingstop Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of WING's debt was $777.68M at the end of the last quarter.

What were WING's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, WING reported total liabilities of $932.23M.

How much did WING's Working Capital change over the last quarter?

Working Capital Change for WING was $32.98M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

WING generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. WING generated $69.03M of Cash from Operating Activities during its recently reported quarter.

What was WING's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. WING reported a $1.04M Net Change in Cash in the most recent quarter.

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