Wendys Current Ratio vs Gross Profit Analysis

WEN Stock  USD 18.84  0.06  0.32%   
Wendys financial indicator trend analysis is more than just analyzing The Wendys current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether The Wendys is a good investment. Please check the relationship between Wendys Current Ratio and its Gross Profit accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in The Wendys Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Current Ratio vs Gross Profit

Current Ratio vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of The Wendys Current Ratio account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wendys' Current Ratio and Gross Profit is 0.64. Overlapping area represents the amount of variation of Current Ratio that can explain the historical movement of Gross Profit in the same time period over historical financial statements of The Wendys Co, assuming nothing else is changed. The correlation between historical values of Wendys' Current Ratio and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Ratio of The Wendys Co are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Current Ratio i.e., Wendys' Current Ratio and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of The Wendys Co minus its cost of goods sold. It is profit before Wendys operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Wendys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into The Wendys 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 The Wendys Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At this time, Wendys' Selling General Administrative is very stable compared to the past year. As of the 28th of March 2024, Discontinued Operations is likely to grow to about 25.6 M, while Tax Provision is likely to drop about 53.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense109.2M122.3M124.1M112.1M
Depreciation And Amortization103.5M148.9M148.6M93.6M

Wendys fundamental ratios Correlations

0.8-0.10.74-0.010.920.730.420.580.990.110.610.290.270.85-0.84-0.19-0.160.870.60.370.540.190.80.650.73
0.8-0.340.55-0.60.890.990.820.280.820.060.320.66-0.310.99-0.53-0.4-0.710.990.310.690.18-0.010.770.160.39
-0.1-0.340.210.38-0.14-0.33-0.3-0.17-0.090.24-0.17-0.170.27-0.30.070.480.36-0.27-0.14-0.25-0.020.35-0.140.12-0.01
0.740.550.210.110.780.490.410.550.70.260.550.180.210.54-0.48-0.02-0.080.580.650.510.350.210.490.490.49
-0.01-0.60.380.11-0.24-0.67-0.790.33-0.060.010.31-0.750.89-0.53-0.230.350.97-0.510.31-0.640.450.17-0.260.620.33
0.920.89-0.140.78-0.240.870.610.380.930.060.40.40.020.89-0.69-0.26-0.390.910.430.590.390.020.760.450.58
0.730.99-0.330.49-0.670.870.830.150.770.00.180.68-0.380.97-0.48-0.41-0.760.970.180.690.15-0.090.710.090.34
0.420.82-0.30.41-0.790.610.830.10.420.330.130.74-0.730.760.01-0.44-0.910.760.150.87-0.310.060.56-0.33-0.11
0.580.28-0.170.550.330.380.150.10.480.181.00.080.430.32-0.45-0.130.190.340.970.070.450.250.420.590.55
0.990.82-0.090.7-0.060.930.770.420.480.060.510.320.250.87-0.86-0.22-0.190.880.490.360.560.130.790.650.75
0.110.060.240.260.010.060.00.330.180.060.220.22-0.270.070.30.1-0.120.090.20.49-0.520.840.41-0.26-0.33
0.610.32-0.170.550.310.40.180.131.00.510.220.080.40.35-0.46-0.130.170.370.970.10.420.30.460.570.53
0.290.66-0.170.18-0.750.40.680.740.080.320.220.08-0.570.64-0.03-0.4-0.780.620.040.62-0.110.130.51-0.220.09
0.27-0.310.270.210.890.02-0.38-0.730.430.25-0.270.4-0.57-0.23-0.60.240.87-0.210.38-0.650.780.0-0.10.870.69
0.850.99-0.30.54-0.530.890.970.760.320.870.070.350.64-0.23-0.61-0.36-0.641.00.330.630.240.060.810.240.46
-0.84-0.530.07-0.48-0.23-0.69-0.480.01-0.45-0.860.3-0.46-0.03-0.6-0.610.15-0.16-0.61-0.420.1-0.860.11-0.5-0.87-0.93
-0.19-0.40.48-0.020.35-0.26-0.41-0.44-0.13-0.220.1-0.13-0.40.24-0.360.150.41-0.35-0.02-0.19-0.140.34-0.08-0.01-0.16
-0.16-0.710.36-0.080.97-0.39-0.76-0.910.19-0.19-0.120.17-0.780.87-0.64-0.160.41-0.620.16-0.760.420.09-0.380.550.27
0.870.99-0.270.58-0.510.910.970.760.340.880.090.370.62-0.211.0-0.61-0.35-0.620.360.640.240.080.820.250.47
0.60.31-0.140.650.310.430.180.150.970.490.20.970.040.380.33-0.42-0.020.160.360.180.380.280.420.540.49
0.370.69-0.250.51-0.640.590.690.870.070.360.490.10.62-0.650.630.1-0.19-0.760.640.18-0.40.280.57-0.35-0.19
0.540.18-0.020.350.450.390.15-0.310.450.56-0.520.42-0.110.780.24-0.86-0.140.420.240.38-0.4-0.340.10.930.96
0.19-0.010.350.210.170.02-0.090.060.250.130.840.30.130.00.060.110.340.090.080.280.28-0.340.45-0.06-0.16
0.80.77-0.140.49-0.260.760.710.560.420.790.410.460.51-0.10.81-0.5-0.08-0.380.820.420.570.10.450.230.37
0.650.160.120.490.620.450.09-0.330.590.65-0.260.57-0.220.870.24-0.87-0.010.550.250.54-0.350.93-0.060.230.93
0.730.39-0.010.490.330.580.34-0.110.550.75-0.330.530.090.690.46-0.93-0.160.270.470.49-0.190.96-0.160.370.93
Click cells to compare fundamentals

Wendys Account Relationship Matchups

Wendys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0B5.0B5.1B5.5B5.6B5.9B
Short Long Term Debt Total3.7B3.7B3.9B4.3B4.1B4.3B
Other Current Liab84.2M140.5M157.9M(22.1M)143.2M117.4M
Total Current Liabilities349.7M413.3M426.9M388.0M381.9M340.2M
Total Stockholder Equity516.4M549.6M436.4M465.7M309.8M294.3M
Property Plant And Equipment Net2.0B1.9B2.0B1.9B1.8B1.9B
Net Debt3.4B3.4B3.6B3.5B3.6B3.7B
Retained Earnings185.7M238.7M344.2M414.7M409.9M430.4M
Cash300.2M307.0M249.4M745.9M588.8M298.8M
Non Current Assets Total4.4B4.4B4.5B4.4B4.8B5.0B
Non Currrent Assets Other(170.3M)(160.7M)(128.6M)(99.5M)178.6M187.5M
Cash And Short Term Investments300.2M307.0M249.4M745.9M588.8M357.0M
Net Receivables117.5M109.9M119.5M116.4M198.5M106.2M
Common Stock Shares Outstanding245.0M235.1M228.0M224.4M211.5M156.7M
Liabilities And Stockholders Equity5.0B5.0B5.1B5.5B5.6B5.9B
Non Current Liabilities Total4.1B4.1B4.2B4.6B4.9B5.2B
Inventory3.9M4.7M5.9M7.1M6.7M6.4M
Other Current Assets15.6M89.7M30.6M27.0M43.6M62.6M
Other Stockholder Equity337.4M313.5M93.4M68.1M(88.8M)(84.3M)
Total Liab4.5B4.5B4.7B5.0B5.3B5.6B
Total Current Assets554.0M687.6M592.8M1.1B837.7M629.5M
Short Term Debt77.5M86.4M87.1M95.7M98.9M103.8M
Intangible Assets1.2B1.2B1.3B1.2B1.2B703.4M
Accounts Payable22.7M31.1M41.2M44.0M129.2M135.6M
Property Plant And Equipment Gross2.0B1.9B906.9M1.9B2.7B2.8B
Accumulated Other Comprehensive Income(53.8M)(49.6M)(48.2M)(64.2M)(58.4M)(61.3M)
Good Will755.9M751.0M775.3M773.1M773.7M631.1M
Other Liab492.3M487.5M468.7M459.5M528.4M302.7M
Other Assets357.1M2.4B438.8M488.3M1.00.95
Long Term Debt2.3B2.2B2.4B2.8B2.7B1.7B
Treasury Stock(2.5B)(2.6B)(2.8B)(2.9B)(2.6B)(2.5B)
Property Plant Equipment977M915.9M2.0B895.8M1.0B1.0B
Current Deferred Revenue165.3M155.3M140.8M270.4M10.7M10.1M
Net Tangible Assets(1.5B)(1.4B)(1.6B)(1.6B)(1.4B)(1.5B)
Retained Earnings Total Equity185.7M238.7M344.2M414.7M477.0M500.8M
Long Term Debt Total2.8B2.3B2.4B2.8B3.2B2.3B
Capital Surpluse2.9B2.9B2.9B2.9B3.4B3.1B

Wendys Investors Sentiment

The influence of Wendys' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Wendys. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Wendys' public news can be used to forecast risks associated with an investment in Wendys. The trend in average sentiment can be used to explain how an investor holding Wendys can time the market purely based on public headlines and social activities around The Wendys Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Wendys' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Wendys' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Wendys' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Wendys.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wendys in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wendys' short interest history, or implied volatility extrapolated from Wendys options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether The Wendys offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wendys' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Wendys Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Wendys Co Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in The Wendys Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the The Wendys information on this page should be used as a complementary analysis to other Wendys' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Wendys' price analysis, check to measure Wendys' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wendys is operating at the current time. Most of Wendys' value examination focuses on studying past and present price action to predict the probability of Wendys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wendys' price. Additionally, you may evaluate how the addition of Wendys to your portfolios can decrease your overall portfolio volatility.
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Is Wendys' industry 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 Wendys. If investors know Wendys 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 Wendys 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
0.2
Dividend Share
1
Earnings Share
0.97
Revenue Per Share
10.414
Quarterly Revenue Growth
0.008
The market value of The Wendys is measured differently than its book value, which is the value of Wendys that is recorded on the company's balance sheet. Investors also form their own opinion of Wendys' value that differs from its market value or its book value, called intrinsic value, which is Wendys' 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 Wendys' market value can be influenced by many factors that don't directly affect Wendys' 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 Wendys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wendys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wendys' 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.