The Wendy’s Co (WEN) — Working Capital to Net Assets Ratio
The Wendy’s Co (WEN) has a Working Capital to Net Assets ratio of 266.2% as of June 2026. Working capital of $320.63 Million (current assets of $678.10 Million minus current liabilities of $357.47 Million) is measured against net assets of $120.47 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
The Wendy’s Co Working Capital to Net Assets (1985–2025)
This chart shows how The Wendy’s Co's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 266.2%, reflecting working capital of $320.63 Million against net assets of $120.47 Million USD. Explore investment intensity of The Wendy’s Co to see how much of total assets are deployed in long-term investments.
Annual Working Capital to Net Assets for The Wendy’s Co (1985–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for The Wendy’s Co from 1985 to 2025, covering 41 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see WEN total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 227.4% | $266.94 Million | $117.38 Million | $618.04 Million | $351.10 Million | ▲ +96.9 pp |
| 2024 | 130.5% | $338.51 Million | $259.35 Million | $736.14 Million | $397.63 Million | ▼ -16.6 pp |
| 2023 | 147.1% | $455.72 Million | $309.78 Million | $837.65 Million | $381.93 Million | ▲ +3.2 pp |
| 2022 | 143.9% | $670.28 Million | $465.72 Million | $1.06 Billion | $388.00 Million | ▲ +105.9 pp |
| 2021 | 38.0% | $165.92 Million | $436.40 Million | $592.85 Million | $426.93 Million | ▼ -11.9 pp |
| 2020 | 49.9% | $274.31 Million | $549.60 Million | $687.62 Million | $413.31 Million | ▲ +10.3 pp |
| 2019 | 39.6% | $204.35 Million | $516.36 Million | $554.05 Million | $349.70 Million | ▼ -19.3 pp |
| 2018 | 58.8% | $381.53 Million | $648.45 Million | $665.72 Million | $284.19 Million | ▲ +27.9 pp |
| 2017 | 30.9% | $177.19 Million | $573.20 Million | $404.35 Million | $227.16 Million | ▼ -11.2 pp |
| 2016 | 42.2% | $222.45 Million | $527.74 Million | $452.53 Million | $230.08 Million | ▼ -4.0 pp |
| 2015 | 46.2% | $347.80 Million | $752.91 Million | $616.57 Million | $268.77 Million | ▲ +33.3 pp |
| 2014 | 12.9% | $221.88 Million | $1.72 Billion | $562.10 Million | $340.22 Million | ▼ -16.8 pp |
| 2013 | 29.7% | $572.88 Million | $1.93 Billion | $922.41 Million | $349.53 Million | ▲ +8.4 pp |
| 2012 | 21.3% | $422.96 Million | $1.99 Billion | $709.83 Million | $286.86 Million | ▲ +2.3 pp |
| 2011 | 19.0% | $378.67 Million | $2.00 Billion | $746.94 Million | $368.27 Million | ▲ +3.6 pp |
| 2010 | 15.4% | $333.30 Million | $2.16 Billion | $754.79 Million | $421.49 Million | ▼ -1.9 pp |
| 2009 | 17.3% | $403.85 Million | $2.34 Billion | $878.99 Million | $475.15 Million | ▲ +22.4 pp |
| 2008 | -5.1% | $-121.65 Million | $2.38 Billion | $380.84 Million | $502.49 Million | ▲ +3.1 pp |
| 2007 | -8.2% | $-36.91 Million | $449.83 Million | $170.25 Million | $207.16 Million | ▼ -41.2 pp |
| 2006 | 33.0% | $161.19 Million | $488.87 Million | $391.77 Million | $230.58 Million | ▼ -34.6 pp |
| 2005 | 67.5% | $296.43 Million | $439.00 Million | $1.66 Billion | $1.36 Billion | ▼ -80.3 pp |
| 2004 | 147.8% | $463.92 Million | $313.83 Million | $669.77 Million | $205.84 Million | ▼ -64.5 pp |
| 2003 | 212.3% | $610.57 Million | $287.61 Million | $772.98 Million | $162.42 Million | ▲ +58.9 pp |
| 2002 | 153.4% | $510.44 Million | $332.74 Million | $670.89 Million | $160.45 Million | ▼ -14.1 pp |
| 2001 | 167.5% | $556.64 Million | $332.40 Million | $689.76 Million | $133.12 Million | ▼ -43.8 pp |
| 2000 | 211.2% | $596.32 Million | $282.31 Million | $935.05 Million | $338.73 Million | ▲ +353.9 pp |
| 1999 | -142.7% | $237.90 Million | $-166.70 Million | $477.60 Million | $239.70 Million | ▼ -2054.6 pp |
| 1998 | 1911.9% | $208.40 Million | $10.90 Million | $409.50 Million | $201.10 Million | ▲ +1616.2 pp |
| 1997 | 295.7% | $130.10 Million | $44.00 Million | $355.80 Million | $225.70 Million | ▼ -186.3 pp |
| 1996 | 482.0% | $195.20 Million | $40.50 Million | $445.70 Million | $250.50 Million | ▼ -282.3 pp |
| 1995 | 764.3% | $158.20 Million | $20.70 Million | $412.80 Million | $254.60 Million | ▲ +424.0 pp |
| 1994 | 340.3% | $136.10 Million | $40.00 Million | $359.10 Million | $223.00 Million | ▼ -322.8 pp |
| 1993 | 663.0% | $152.50 Million | $23.00 Million | $393.50 Million | $241.00 Million | ▲ +461.7 pp |
| 1992 | 201.4% | $133.50 Million | $66.30 Million | $359.30 Million | $225.80 Million | ▲ +225.0 pp |
| 1991 | -23.6% | $-30.20 Million | $127.70 Million | $276.60 Million | $306.80 Million | ▼ -47.9 pp |
| 1990 | 24.2% | $28.70 Million | $118.40 Million | $310.70 Million | $282.00 Million | ▼ -71.7 pp |
| 1989 | 95.9% | $129.90 Million | $135.40 Million | $320.10 Million | $190.20 Million | ▲ +1.5 pp |
| 1988 | 94.5% | $109.60 Million | $116.00 Million | $378.60 Million | $269.00 Million | ▼ -31.3 pp |
| 1987 | 125.8% | $198.40 Million | $157.70 Million | $375.50 Million | $177.10 Million | ▲ +76.0 pp |
| 1986 | 49.8% | $57.90 Million | $116.20 Million | $329.70 Million | $271.80 Million | ▼ -93.4 pp |
| 1985 | 143.2% | $138.80 Million | $96.90 Million | $332.20 Million | $193.40 Million | — |