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Wingstop (FRA:EWG) Cash And Cash Equivalents : €99.6 Mil (As of Mar. 2024)


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What is Wingstop Cash And Cash Equivalents?

Wingstop's quarterly cash and cash equivalents increased from Sep. 2023 (€73.07 Mil) to Dec. 2023 (€82.73 Mil) and increased from Dec. 2023 (€82.73 Mil) to Mar. 2024 (€99.64 Mil).

Wingstop's annual cash and cash equivalents increased from Dec. 2021 (€43.00 Mil) to Dec. 2022 (€174.16 Mil) but then declined from Dec. 2022 (€174.16 Mil) to Dec. 2023 (€82.73 Mil).

Wingstop Cash And Cash Equivalents Historical Data

The historical data trend for Wingstop's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wingstop Cash And Cash Equivalents Chart

Wingstop Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.56 33.59 43.00 174.16 82.73

Wingstop Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 183.25 173.99 73.07 82.73 99.64

Wingstop Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Wingstop  (FRA:EWG) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Wingstop Cash And Cash Equivalents Related Terms

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Wingstop (FRA:EWG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Wingstop Inc (FRA:EWG) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
WING:USA
Address
15505 Wright Brothers Drive, Addison, TX, USA, 75001
Website
https://www.wingstop.com
Founded in 1994 in Garland, Texas, Wingstop is a restaurant operator specializing in indulgent bone-in and boneless chicken wings, chicken tenders, fries, and recently chicken sandwiches. The firm's footprint has grown quickly since its inception, reaching nearly 2,000 global stores at the end of 2022, rendering Wingstop the 40th-largest restaurant chain in the U.S. by system sales, according to Technomic data. With a 98% franchised model, Wingstop generates the lion share of its revenue from franchise royalties and advertising fees, with the remainder derived from a small footprint of company-owned stores.