Wendys Total Assets vs Gross Profit Analysis
WEN Stock | USD 18.90 0.70 3.85% |
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 Total Assets 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.
Total Assets vs Gross Profit
Total Assets vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of The Wendys Total Assets account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wendys' Total Assets and Gross Profit is 0.68. Overlapping area represents the amount of variation of Total Assets 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' Total Assets 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 Total Assets 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 Total Assets i.e., Wendys' Total Assets and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Wendys assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in The Wendys books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 Expense | 109.2M | 122.3M | 124.1M | 112.1M | Depreciation And Amortization | 103.5M | 148.9M | 148.6M | 93.6M |
Wendys fundamental ratios Correlations
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Wendys Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wendys fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.0B | 5.0B | 5.1B | 5.5B | 5.6B | 5.9B | |
Short Long Term Debt Total | 3.7B | 3.7B | 3.9B | 4.3B | 4.1B | 4.3B | |
Other Current Liab | 84.2M | 140.5M | 157.9M | (22.1M) | 143.2M | 117.4M | |
Total Current Liabilities | 349.7M | 413.3M | 426.9M | 388.0M | 381.9M | 340.2M | |
Total Stockholder Equity | 516.4M | 549.6M | 436.4M | 465.7M | 309.8M | 294.3M | |
Property Plant And Equipment Net | 2.0B | 1.9B | 2.0B | 1.9B | 1.8B | 1.9B | |
Net Debt | 3.4B | 3.4B | 3.6B | 3.5B | 3.6B | 3.7B | |
Retained Earnings | 185.7M | 238.7M | 344.2M | 414.7M | 409.9M | 430.4M | |
Cash | 300.2M | 307.0M | 249.4M | 745.9M | 588.8M | 298.8M | |
Non Current Assets Total | 4.4B | 4.4B | 4.5B | 4.4B | 4.8B | 5.0B | |
Non Currrent Assets Other | (170.3M) | (160.7M) | (128.6M) | (99.5M) | 178.6M | 187.5M | |
Cash And Short Term Investments | 300.2M | 307.0M | 249.4M | 745.9M | 588.8M | 357.0M | |
Net Receivables | 117.5M | 109.9M | 119.5M | 116.4M | 198.5M | 106.2M | |
Common Stock Shares Outstanding | 245.0M | 235.1M | 228.0M | 224.4M | 211.5M | 156.7M | |
Liabilities And Stockholders Equity | 5.0B | 5.0B | 5.1B | 5.5B | 5.6B | 5.9B | |
Non Current Liabilities Total | 4.1B | 4.1B | 4.2B | 4.6B | 4.9B | 5.2B | |
Inventory | 3.9M | 4.7M | 5.9M | 7.1M | 6.7M | 6.4M | |
Other Current Assets | 15.6M | 89.7M | 30.6M | 27.0M | 43.6M | 62.6M | |
Other Stockholder Equity | 337.4M | 313.5M | 93.4M | 68.1M | (88.8M) | (84.3M) | |
Total Liab | 4.5B | 4.5B | 4.7B | 5.0B | 5.3B | 5.6B | |
Total Current Assets | 554.0M | 687.6M | 592.8M | 1.1B | 837.7M | 629.5M | |
Short Term Debt | 77.5M | 86.4M | 87.1M | 95.7M | 98.9M | 103.8M | |
Intangible Assets | 1.2B | 1.2B | 1.3B | 1.2B | 1.2B | 703.4M | |
Accounts Payable | 22.7M | 31.1M | 41.2M | 44.0M | 129.2M | 135.6M | |
Property Plant And Equipment Gross | 2.0B | 1.9B | 906.9M | 1.9B | 2.7B | 2.8B | |
Accumulated Other Comprehensive Income | (53.8M) | (49.6M) | (48.2M) | (64.2M) | (58.4M) | (61.3M) | |
Good Will | 755.9M | 751.0M | 775.3M | 773.1M | 773.7M | 631.1M | |
Other Liab | 492.3M | 487.5M | 468.7M | 459.5M | 528.4M | 302.7M | |
Other Assets | 357.1M | 2.4B | 438.8M | 488.3M | 1.0 | 0.95 | |
Long Term Debt | 2.3B | 2.2B | 2.4B | 2.8B | 2.7B | 1.7B | |
Treasury Stock | (2.5B) | (2.6B) | (2.8B) | (2.9B) | (2.6B) | (2.5B) | |
Property Plant Equipment | 977M | 915.9M | 2.0B | 895.8M | 1.0B | 1.0B | |
Current Deferred Revenue | 165.3M | 155.3M | 140.8M | 270.4M | 10.7M | 10.1M | |
Net Tangible Assets | (1.5B) | (1.4B) | (1.6B) | (1.6B) | (1.4B) | (1.5B) | |
Retained Earnings Total Equity | 185.7M | 238.7M | 344.2M | 414.7M | 477.0M | 500.8M | |
Long Term Debt Total | 2.8B | 2.3B | 2.4B | 2.8B | 3.2B | 2.3B | |
Capital Surpluse | 2.9B | 2.9B | 2.9B | 2.9B | 3.4B | 3.1B |
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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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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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.