Wendys Net Income vs Change Receivables Analysis

WEN Stock

USD 16.58 0.05 0.30%

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 Net Income and its Change Receivables 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 closely tied with the direction of predictive economic indicators such as signals in income.

Net Income vs Change Receivables

Net Income vs Change Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of The Wendys Net Income account and Change Receivables. At this time, the significance of the direction appears to have no relationship.

The correlation between Wendys' Net Income and Change Receivables is 0.09. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change Receivables 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' Net Income and Change Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of The Wendys Co are associated (or correlated) with its Change Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change Receivables has no effect on the direction of Net Income i.e., Wendys' Net Income and Change Receivables go up and down completely randomly.

Correlation Coefficient

0.09

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in The Wendys financial statement analysis. It represents the amount of money remaining after all of The Wendys Co operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change Receivables

The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.

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 closely tied 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 27th of December 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	166.1M	169.7M	148.6M	96.2M

Interest Expense Depreciation And Amortization

Wendys fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Good Will	Common Stock Total Equity
Total Assets		0.54	0.24	0.69	0.17	0.72	0.49	0.15	0.63	0.82	-0.28	0.6	0.26	0.48	0.6	-0.81	0.22	0.06	0.61	0.61	0.12	0.85	-0.31	0.38	0.82	0.91
Short Long Term Debt Total	0.54		0.24	0.55	-0.6	0.89	0.99	0.82	0.26	0.79	0.06	0.29	0.7	-0.32	0.99	-0.53	0.57	-0.71	0.99	0.31	0.73	0.18	-0.73	0.77	0.16	0.39
Other Current Liab	0.24	0.24		0.69	0.08	0.35	0.19	0.27	0.35	0.27	0.31	0.37	0.18	0.03	0.21	-0.07	0.63	-0.05	0.24	0.47	0.39	-0.02	0.24	0.2	0.15	0.07
Total Current Liabilities	0.69	0.55	0.69		0.11	0.78	0.49	0.41	0.54	0.71	0.26	0.55	0.19	0.2	0.55	-0.48	0.65	-0.08	0.59	0.65	0.58	0.35	0.0	0.49	0.49	0.49
Total Stockholder Equity	0.17	-0.6	0.08	0.11		-0.24	-0.67	-0.79	0.36	-0.01	0.01	0.35	-0.75	0.89	-0.53	-0.23	-0.32	0.97	-0.5	0.31	-0.59	0.45	0.74	-0.26	0.62	0.33
Property Plant And Equipment Net	0.72	0.89	0.35	0.78	-0.24		0.87	0.61	0.36	0.93	0.06	0.39	0.44	0.02	0.91	-0.69	0.58	-0.39	0.92	0.43	0.65	0.39	-0.5	0.76	0.45	0.58
Net Debt	0.49	0.99	0.19	0.49	-0.67	0.87		0.83	0.13	0.74	0.01	0.15	0.7	-0.39	0.98	-0.48	0.57	-0.76	0.97	0.18	0.74	0.14	-0.79	0.72	0.09	0.34
Retained Earnings	0.15	0.82	0.27	0.41	-0.79	0.61	0.83		0.07	0.37	0.33	0.1	0.77	-0.73	0.74	0.01	0.58	-0.91	0.74	0.15	0.84	-0.31	-0.64	0.56	-0.33	-0.11
Cash	0.63	0.26	0.35	0.54	0.36	0.36	0.13	0.07		0.48	0.13	1.0	0.2	0.44	0.3	-0.46	0.07	0.23	0.31	0.97	0.0	0.46	0.14	0.38	0.6	0.54
Non Current Assets Total	0.82	0.79	0.27	0.71	-0.01	0.93	0.74	0.37	0.48		-0.05	0.5	0.27	0.31	0.85	-0.9	0.42	-0.14	0.86	0.49	0.41	0.64	-0.43	0.71	0.7	0.79
Non Currrent Assets Other	-0.28	0.06	0.31	0.26	0.01	0.06	0.01	0.33	0.13	-0.05		0.17	-0.08	-0.27	-0.01	0.3	0.36	-0.12	0.01	0.2	0.53	-0.52	0.28	0.41	-0.26	-0.33
Cash And Short Term Investments	0.6	0.29	0.37	0.55	0.35	0.39	0.15	0.1	1.0	0.5	0.17		0.2	0.42	0.33	-0.47	0.1	0.2	0.35	0.97	0.04	0.43	0.14	0.42	0.58	0.53
Net Receivables	0.26	0.7	0.18	0.19	-0.75	0.44	0.7	0.77	0.2	0.27	-0.08	0.2		-0.59	0.65	-0.02	0.25	-0.79	0.64	0.22	0.46	-0.1	-0.6	0.32	-0.24	-0.01
Common Stock Shares Outstanding	0.48	-0.32	0.03	0.2	0.89	0.02	-0.39	-0.73	0.44	0.31	-0.27	0.42	-0.59		-0.21	-0.59	-0.27	0.88	-0.19	0.37	-0.56	0.78	0.45	-0.1	0.87	0.68
Non Current Liabilities Total	0.6	0.99	0.21	0.55	-0.53	0.91	0.98	0.74	0.3	0.85	-0.01	0.33	0.65	-0.21		-0.63	0.53	-0.63	1.0	0.34	0.66	0.29	-0.73	0.77	0.27	0.49
Inventory	-0.81	-0.53	-0.07	-0.48	-0.23	-0.69	-0.48	0.01	-0.46	-0.9	0.3	-0.47	-0.02	-0.59	-0.63		-0.14	-0.16	-0.64	-0.42	-0.03	-0.86	0.33	-0.5	-0.87	-0.93
Other Current Assets	0.22	0.57	0.63	0.65	-0.32	0.58	0.57	0.58	0.07	0.42	0.36	0.1	0.25	-0.27	0.53	-0.14		-0.43	0.55	0.26	0.84	-0.12	-0.16	0.48	-0.01	0.07
Other Stockholder Equity	0.06	-0.71	-0.05	-0.08	0.97	-0.39	-0.76	-0.91	0.23	-0.14	-0.12	0.2	-0.79	0.88	-0.63	-0.16	-0.43		-0.61	0.16	-0.71	0.42	0.74	-0.38	0.55	0.27
Total Liab	0.61	0.99	0.24	0.59	-0.5	0.92	0.97	0.74	0.31	0.86	0.01	0.35	0.64	-0.19	1.0	-0.64	0.55	-0.61		0.36	0.67	0.29	-0.7	0.77	0.28	0.5
Total Current Assets	0.61	0.31	0.47	0.65	0.31	0.43	0.18	0.15	0.97	0.49	0.2	0.97	0.22	0.37	0.34	-0.42	0.26	0.16	0.36		0.17	0.38	0.18	0.42	0.54	0.49
Short Term Debt	0.12	0.73	0.39	0.58	-0.59	0.65	0.74	0.84	0.0	0.41	0.53	0.04	0.46	-0.56	0.66	-0.03	0.84	-0.71	0.67	0.17		-0.31	-0.36	0.63	-0.23	-0.08
Intangible Assets	0.85	0.18	-0.02	0.35	0.45	0.39	0.14	-0.31	0.46	0.64	-0.52	0.43	-0.1	0.78	0.29	-0.86	-0.12	0.42	0.29	0.38	-0.31		-0.14	0.1	0.93	0.96
Accounts Payable	-0.31	-0.73	0.24	0.0	0.74	-0.5	-0.79	-0.64	0.14	-0.43	0.28	0.14	-0.6	0.45	-0.73	0.33	-0.16	0.74	-0.7	0.18	-0.36	-0.14		-0.42	0.06	-0.26
Property Plant And Equipment Gross	0.38	0.77	0.2	0.49	-0.26	0.76	0.72	0.56	0.38	0.71	0.41	0.42	0.32	-0.1	0.77	-0.5	0.48	-0.38	0.77	0.42	0.63	0.1	-0.42		0.23	0.37
Good Will	0.82	0.16	0.15	0.49	0.62	0.45	0.09	-0.33	0.6	0.7	-0.26	0.58	-0.24	0.87	0.27	-0.87	-0.01	0.55	0.28	0.54	-0.23	0.93	0.06	0.23		0.93
Common Stock Total Equity	0.91	0.39	0.07	0.49	0.33	0.58	0.34	-0.11	0.54	0.79	-0.33	0.53	-0.01	0.68	0.49	-0.93	0.07	0.27	0.5	0.49	-0.08	0.96	-0.26	0.37	0.93

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Wendys Account Relationship Matchups

Wendys fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.0B	5.0B	5.1B	5.5B	5.2B	2.8B
Short Long Term Debt Total	3.7B	3.7B	3.9B	4.3B	4.1B	4.3B
Other Current Liab	84.2M	211.2M	207.7M	218.2M	158.0M	172.0M
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	3.8B
Retained Earnings	185.7M	238.7M	344.2M	414.7M	409.9M	430.4M
Cash	300.2M	307.0M	249.4M	745.9M	516.0M	296.8M
Non Current Assets Total	4.4B	4.4B	4.5B	4.4B	4.3B	4.6B
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	516.0M	354.9M
Net Receivables	117.5M	109.9M	119.5M	186.8M	121.7M	106.0M
Common Stock Shares Outstanding	235.1M	228.0M	224.4M	215.8M	211.5M	156.5M
Liabilities And Stockholders Equity	5.0B	5.0B	5.1B	5.5B	5.2B	2.8B
Non Current Liabilities Total	4.1B	4.1B	4.2B	4.6B	4.5B	4.7B
Inventory	3.9M	4.7M	5.9M	7.1M	6.7M	6.4M
Other Current Assets	15.6M	266.0M	217.9M	118.4M	193.2M	202.9M
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	4.9B	5.1B
Total Current Assets	554.0M	687.6M	592.8M	1.1B	837.7M	629.5M
Short Term Debt	77.5M	143.9M	149.9M	95.7M	168.5M	176.9M
Intangible Assets	1.2B	1.2B	1.3B	1.2B	1.2B	703.4M
Accounts Payable	22.7M	31.1M	41.2M	44.0M	27.4M	43.6M
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

Pair Trading with Wendys

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wendys position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wendys will appreciate offsetting losses from the drop in the long position's value.

Moving against Wendys Stock

0.59	BH	Biglari Holdings	Pair Corr
0.41	DRI	Darden Restaurants	Pair Corr
0.39	DKNG	DraftKings	Pair Corr
0.37	H	Hyatt Hotels	Pair Corr
0.37	CMG	Chipotle Mexican Grill	Pair Corr

The ability to find closely correlated positions to Wendys could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wendys when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wendys - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Wendys Co to buy it.

The correlation of Wendys is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wendys moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if The Wendys moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Wendys can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Wendys

Details

Is Wendys Stock a good investment?

Details

What is Wendys' Net Worth?

Details

Largest Hotels, Restaurants & Leisure Companies

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Largest Consumer Services Companies

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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 closely tied with the direction of predictive economic indicators such as signals in income.

You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Is Hotels, Restaurants & Leisure space 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

(0.11)

Dividend Share

Earnings Share

0.94

Revenue Per Share

10.801

Quarterly Revenue Growth

0.029

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.

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Wendys Net Income vs Change Receivables Analysis

Net Income vs Change Receivables

Net Income vs Change Receivables Correlation Analysis

Correlation Coefficient

Net Income

Change Receivables

Wendys fundamental ratios Correlations

Wendys Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wendys fundamental ratios Accounts

Pair Trading with Wendys

Moving against Wendys Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Net Debt

Common Stock Total Equity	- 0.93	Inventory
Other Stockholder Equity	- 0.91	Retained Earnings
Inventory	- 0.9	Non Current Assets Total
Good Will	- 0.87	Inventory
Intangible Assets	- 0.86	Inventory
Inventory	- 0.81	Total Assets