The Wendy's Company Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022	Jan '21 Jan 3, 2021
Cash & Equivalents	291.41	450.51	516.04	745.89	249.44	306.99
Cash & Short-Term Investments	291.41	450.51	516.04	745.89	249.44	306.99
Cash Growth	-39.57%	-12.70%	-30.82%	199.03%	-18.75%	2.26%
Accounts Receivable	196.4	96.34	98.94	113.19	173.14	167.74
Other Receivables	-	3.59	22.74	3.24	11.9	5.4
Receivables	196.4	99.93	121.68	116.43	185.04	173.14
Inventory	6.94	6.53	6.69	7.13	5.93	4.73
Prepaid Expenses	50.28	42.73	36.95	25.3	27.04	24.17
Restricted Cash	60.61	34.48	35.85	35.2	117.53	111.25
Other Current Assets	35.23	101.96	120.44	128.33	7.87	67.33
Total Current Assets	640.86	736.14	837.65	1,058	592.85	687.62
Property, Plant & Equipment	1,887	1,833	1,826	1,885	1,964	1,944
Long-Term Investments	25.85	29.01	34.45	46.03	49.87	44.57
Goodwill	774.78	771.47	773.73	773.09	775.28	751.05
Other Intangible Assets	1,177	1,192	1,219	1,249	1,281	1,225
Long-Term Accounts Receivable	283.93	288.05	313.66	321.23	303.91	274.35
Other Long-Term Assets	186.77	185.4	178.58	167.07	134.93	113.93
Total Assets	4,976	5,035	5,183	5,499	5,101	5,040
Accounts Payable	27.2	28.46	27.37	44	41.16	31.06
Accrued Expenses	126.1	45.31	44.63	39.25	63.84	44.26
Current Portion of Long-Term Debt	440.34	78.16	29.25	29.25	24.25	28.96
Current Portion of Leases	77.14	72.58	69.6	66.44	62.83	57.45
Current Income Taxes Payable	-	28.5	28.13	30.16	28.14	27.16
Other Current Liabilities	111.39	144.63	182.95	178.91	206.71	224.41
Total Current Liabilities	793.73	397.63	381.93	388	426.93	413.31
Long-Term Debt	2,299	2,662	2,733	2,822	2,356	2,218
Long-Term Leases	1,317	1,280	1,308	1,364	1,413	1,371
Long-Term Unearned Revenue	87.96	88.39	90.13	90.23	88.1	89.09
Long-Term Deferred Tax Liabilities	291.34	263.42	270.35	270.42	267.71	280.76
Other Long-Term Liabilities	78.19	84.23	89.71	98.85	112.92	117.69
Total Liabilities	4,867	4,775	4,873	5,034	4,665	4,490
Common Stock	47.04	47.04	47.04	47.04	47.04	47.04
Additional Paid-In Capital	2,981	2,982	2,960	2,938	2,899	2,899
Retained Earnings	435.29	399.7	409.86	414.75	344.2	238.67
Treasury Stock	-3,287	-3,095	-3,049	-2,870	-2,805	-2,586
Comprehensive Income & Other	-67.44	-74.75	-58.38	-64.18	-48.2	-49.64
Shareholders' Equity	109.19	259.35	309.78	465.72	436.41	549.6
Total Liabilities & Equity	4,976	5,035	5,183	5,499	5,101	5,040
Total Debt	4,133	4,093	4,140	4,282	3,856	3,676
Net Cash (Debt)	-3,842	-3,642	-3,624	-3,536	-3,607	-3,369
Net Cash Per Share	-19.44	-17.71	-17.13	-16.38	-16.07	-14.78
Filing Date Shares Outstanding	190.34	200.49	205.47	212.59	215.23	223.84
Total Common Shares Outstanding	190.31	203.83	205.4	213.1	215.85	224.27
Working Capital	-152.87	338.51	455.72	670.28	165.92	274.32
Book Value Per Share	0.57	1.27	1.51	2.19	2.02	2.45
Tangible Book Value	-1,843	-1,704	-1,683	-1,556	-1,620	-1,426
Tangible Book Value Per Share	-9.68	-8.36	-8.19	-7.30	-7.50	-6.36
Land	-	379.58	373.63	371.35	370.74	372.47
Buildings	-	534.05	519.24	510.69	504.46	504.5
Machinery	-	362.31	344.62	314.22	282.77	255.47
Leasehold Improvements	-	453.38	432.05	422.33	422.09	409.31

Source: S&P Global Market Intelligence. Standard template. Financial Sources.