Wabash Extraordinary Items vs Net Income Analysis

WNC Stock  USD 16.23  0.15  0.93%   
Wabash National financial indicator trend analysis is more than just analyzing Wabash National current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wabash National is a good investment. Please check the relationship between Wabash National Extraordinary Items and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wabash National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Wabash Stock refer to our How to Trade Wabash Stock guide.

Extraordinary Items vs Net Income

Extraordinary Items vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wabash National Extraordinary Items account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Wabash National's Extraordinary Items and Net Income is -0.25. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Net Income in the same time period over historical financial statements of Wabash National, assuming nothing else is changed. The correlation between historical values of Wabash National's Extraordinary Items and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Wabash National are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Extraordinary Items i.e., Wabash National's Extraordinary Items and Net Income go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Extraordinary Items

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Wabash National financial statement analysis. It represents the amount of money remaining after all of Wabash National operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Wabash National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wabash National 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 Wabash National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Wabash Stock refer to our How to Trade Wabash Stock guide.At present, Wabash National's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 5.63, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.04.
 2022 2023 2024 2025 (projected)
Gross Profit322.7M498.2M572.9M601.6M
Total Revenue2.5B2.5B2.9B3.1B

Wabash National fundamental ratios Correlations

0.770.950.920.940.90.640.720.650.760.980.720.760.710.180.780.670.6-0.280.970.720.970.240.50.650.67
0.770.570.580.610.50.90.340.640.530.830.490.530.690.360.990.610.38-0.070.820.290.640.260.830.720.72
0.950.570.960.930.960.450.750.650.720.890.790.720.630.130.590.720.57-0.290.90.820.960.230.250.620.64
0.920.580.960.830.970.540.720.760.570.860.750.570.680.070.610.780.62-0.330.920.890.940.180.190.610.62
0.940.610.930.830.840.390.720.490.860.890.70.860.650.210.610.570.51-0.230.840.640.950.290.380.60.62
0.90.50.960.970.840.440.820.690.610.830.830.610.63-0.070.550.720.68-0.470.880.930.930.070.10.510.53
0.640.90.450.540.390.440.250.690.190.730.330.190.630.230.90.560.28-0.10.770.310.490.110.760.560.56
0.720.340.750.720.720.820.250.440.540.70.790.540.51-0.50.410.350.41-0.830.670.790.690.060.040.130.15
0.650.640.650.760.490.690.690.440.150.640.650.150.820.180.70.90.35-0.20.720.660.63-0.090.20.750.75
0.760.530.720.570.860.610.190.540.150.720.561.00.340.250.510.320.55-0.110.650.370.780.410.430.470.48
0.980.830.890.860.890.830.730.70.640.720.680.720.680.140.840.610.5-0.310.970.630.90.220.620.610.62
0.720.490.790.750.70.830.330.790.650.560.680.560.56-0.150.560.710.58-0.540.70.780.74-0.010.050.510.52
0.760.530.720.570.860.610.190.540.151.00.720.560.340.250.510.320.55-0.110.650.370.780.410.430.470.48
0.710.690.630.680.650.630.630.510.820.340.680.560.340.230.710.750.29-0.220.690.570.690.110.310.720.72
0.180.360.130.070.21-0.070.23-0.50.180.250.14-0.150.250.230.290.390.050.860.15-0.250.220.220.390.710.7
0.780.990.590.610.610.550.90.410.70.510.840.560.510.710.290.640.41-0.150.840.350.650.160.780.720.72
0.670.610.720.780.570.720.560.350.90.320.610.710.320.750.390.640.52-0.010.70.680.720.050.130.850.86
0.60.380.570.620.510.680.280.410.350.550.50.580.550.290.050.410.52-0.230.610.650.68-0.080.050.40.41
-0.28-0.07-0.29-0.33-0.23-0.47-0.1-0.83-0.2-0.11-0.31-0.54-0.11-0.220.86-0.15-0.01-0.23-0.3-0.57-0.240.120.150.30.29
0.970.820.90.920.840.880.770.670.720.650.970.70.650.690.150.840.70.61-0.30.720.920.190.540.650.66
0.720.290.820.890.640.930.310.790.660.370.630.780.370.57-0.250.350.680.65-0.570.720.79-0.01-0.180.340.36
0.970.640.960.940.950.930.490.690.630.780.90.740.780.690.220.650.720.68-0.240.920.790.240.310.670.68
0.240.260.230.180.290.070.110.06-0.090.410.22-0.010.410.110.220.160.05-0.080.120.19-0.010.240.30.130.13
0.50.830.250.190.380.10.760.040.20.430.620.050.430.310.390.780.130.050.150.54-0.180.310.30.40.4
0.650.720.620.610.60.510.560.130.750.470.610.510.470.720.710.720.850.40.30.650.340.670.130.41.0
0.670.720.640.620.620.530.560.150.750.480.620.520.480.720.70.720.860.410.290.660.360.680.130.41.0
Click cells to compare fundamentals

Wabash National Account Relationship Matchups

Wabash National fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.2B1.1B1.2B1.4B1.6B1.6B
Short Long Term Debt Total448.4M428.4M401.9M405.5M466.3M251.2M
Other Current Liab84.3M85.7M95.3M121.6M139.9M146.9M
Total Current Liabilities235.8M289.3M347.5M352.2M405.0M425.3M
Total Stockholder Equity404.9M325.5M397.6M549.5M631.9M663.5M
Property Plant And Equipment Net209.7M232.4M271.1M325.4M374.3M393.0M
Net Debt230.7M356.6M343.7M226.2M260.2M180.3M
Retained Earnings107.2M92.1M188.2M403.9M464.5M487.7M
Accounts Payable104.4M174.0M189.1M156.6M180.1M97.0M
Cash217.7M71.8M58.2M179.3M206.2M216.5M
Non Current Assets Total615.7M577.4M610.9M681.5M783.7M822.9M
Non Currrent Assets Other39.6M42.1M24.4M79.5M71.6M38.8M
Cash And Short Term Investments217.7M71.8M58.2M179.3M206.2M216.5M
Net Receivables101.3M176.5M255.6M183.0M210.4M108.5M
Common Stock Shares Outstanding52.9M51.6M49.9M48.0M55.2M42.5M
Liabilities And Stockholders Equity1.2B1.1B1.2B1.4B1.6B1.6B
Non Current Liabilities Total520.8M492.2M457.9M460.5M529.6M270.2M
Inventory163.8M237.6M243.9M267.6M307.8M166.5M
Other Current Assets63.0M43.8M34.9M51.5M59.2M62.1M
Other Stockholder Equity289.3M231.8M209.5M145.2M167.0M158.7M
Total Liab756.6M781.5M805.4M812.7M934.6M981.4M
Property Plant And Equipment Gross209.7M550.3M597.1M670.4M771.0M809.5M
Total Current Assets545.8M529.7M592.6M681.4M783.6M822.7M
Accumulated Other Comprehensive Income7.6M859K(882K)(428K)(492.2K)(516.8K)
Short Term Debt4.5M3.6M6.1M9.0M10.4M11.6M
Intangible Assets166.9M114.4M99.2M86.4M99.4M94.1M
Common Stock Total Equity750K755K759K766K880.9K576.5K
Common Stock755K759K766K774K890.1K587.5K
Other Liab58.4M72.8M63.9M45.2M52.0M27.3M
Other Assets19.5M39.6M42.1M52.1M59.9M62.9M
Long Term Debt448.0M428.3M395.8M396.5M455.9M295.9M
Treasury Stock(302.8M)(336.5M)(355.4M)(422.2M)(380.0M)(361.0M)
Property Plant Equipment221.3M209.7M232.4M271.1M311.8M188.0M
Good Will199.6M188.4M188.4M188.4M216.7M157.4M
Current Deferred Revenue37.8M17.6M32.1M45.6M52.4M28.7M
Net Tangible Assets20.1M38.4M22.7M109.9M99.0M49.5M
Retained Earnings Total Equity221.8M107.2M92.1M188.2M216.5M227.3M
Long Term Debt Total455.4M448.0M428.3M395.8M455.2M406.8M
Capital Surpluse638.9M644.7M654.0M665.9M765.8M702.5M
Capital Lease Obligations378K59K6.1M9.0M10.4M10.9M

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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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wabash National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Wabash Stock refer to our How to Trade Wabash Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.