$Wendys(WEN.US) Secondly, Wendy's second issue is the debt problem. Regarding the debt problem, I think the aspects that need to be evaluated are also quite simple. It essentially boils down to asking one question: will this company collapse in the short term? Will it become insolvent and collapse within a year or two? The main goal is to avoid a situation where I'm after its interest, and it's after my principal. Looking at the Q3 situation, there was mainly a $425 million debt maturity, but currently, Wendy's has borrowed another $450 million to plug this hole, easing the cash pressure. So, in the short term, the key is to see if Wendy's earnings are enough to cover the interest payments. Currently, Wendy's annual interest expense is about $120 million, with annual EBITDA at $550 million, indicating the company is fully capable of covering its cash flow. Compared to McDonald's EBITDA interest coverage ratio of 12.3x, Wendy's is only 3x. Although Wendy's has no repayment pressure, it can be seen that its earning power relative to its debt scale is weaker compared to the industry leader.