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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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.