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Wendys - Indebtedness

Net Debt/EBITDA & Net Debt/Equity
Food & Drink | USA | May 11, 2022
$2.99
Excel Sheet

Wendys's net debt stood at USD 3,607 mil and accounted for 827% of equity at the end of 2021. The ratio is up 214 pp compared to the previous year.

Historically, the firm’s net debt to equity reached a high of 827% in 2021 and a low of 44.2% in 2011 between 2011 and 2021. The average for the last five years was 583%.

Net debt to EBITDA was calculated at 6.20x at the end of the year.

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That is up from 5.27x seen in 2016. The ratio reached a high of 7.59x in 2017 and a low of 2.64x in 2013.

The company’s cost of funding amounted to 3.71% in 2021, down which is above the 5-year of 4.17%. Funding costs have “eaten” some 38.1% of the operating profit generated in 2019.

You can see all the company’s data at Wendys profile, or you can download a report on the company in the report section.