Wabash Current Ratio from 2010 to 2024

WNC Stock  USD 20.08  0.77  3.99%   
Wabash National's Current Ratio is decreasing over the years with very volatile fluctuation. Overall, Current Ratio is expected to go to 2.28 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.93451331
Current Value
2.28
Quarterly Volatility
0.35452119
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wabash National financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wabash National's main balance sheet or income statement drivers, such as Depreciation And Amortization of 47.6 M, Interest Expense of 20.8 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0107 or PTB Ratio of 4.02. Wabash financial statements analysis is a perfect complement when working with Wabash National Valuation or Volatility modules.
  
Check out the analysis of Wabash National Correlation against competitors.
For information on how to trade Wabash Stock refer to our How to Trade Wabash Stock guide.

Latest Wabash National's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Wabash National over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Wabash National's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wabash National's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.70 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Wabash Current Ratio Regression Statistics

Arithmetic Mean2.12
Geometric Mean2.09
Coefficient Of Variation16.71
Mean Deviation0.27
Median2.09
Standard Deviation0.35
Sample Variance0.13
Range1.3454
R-Value(0.01)
Mean Square Error0.14
R-Squared0.0002
Significance0.96
Slope(0)
Total Sum of Squares1.76

Wabash Current Ratio History

2024 2.28
2023 1.93
2022 1.71
2020 2.31
2019 2.09
2018 2.02
2017 2.03

About Wabash National Financial Statements

Wabash National stakeholders use historical fundamental indicators, such as Wabash National's Current Ratio, to determine how well the company is positioned to perform in the future. Although Wabash National investors may analyze each financial statement separately, they are all interrelated. For example, changes in Wabash National's assets and liabilities are reflected in the revenues and expenses on Wabash National's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Wabash National. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.93  2.28 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Wabash National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wabash National's 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 Wabash National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wabash National Stock:
Check out the analysis of Wabash National Correlation against competitors.
For information on how to trade Wabash Stock refer to our How to Trade Wabash Stock guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Construction Machinery & Heavy Transportation Equipment 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 Wabash National. If investors know Wabash 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 Wabash National 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
(0.58)
Dividend Share
0.32
Earnings Share
(5.26)
Revenue Per Share
47.238
Quarterly Revenue Growth
(0.27)
The market value of Wabash National is measured differently than its book value, which is the value of Wabash that is recorded on the company's balance sheet. Investors also form their own opinion of Wabash National's value that differs from its market value or its book value, called intrinsic value, which is Wabash National's 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 Wabash National's market value can be influenced by many factors that don't directly affect Wabash National's 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 Wabash National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wabash National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wabash National's 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.