Wabash Long Term Debt vs Net Debt Analysis

WNC Stock  USD 18.91  0.47  2.55%   
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 Long Term Debt and its Net Debt 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.

Long Term Debt vs Net Debt

Long Term Debt vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wabash National Long Term Debt account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Wabash National's Long Term Debt and Net Debt is 0.89. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Debt 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 Long Term Debt and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Wabash National are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Long Term Debt i.e., Wabash National's Long Term Debt and Net Debt go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Debt

Long-term debt is a debt that Wabash National has held for over one year. Long-term debt appears on Wabash National balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Wabash National balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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.
 2021 2022 2023 2024 (projected)
Gross Profit196.5M322.7M498.2M523.1M
Total Revenue1.8B2.5B2.5B1.3B

Wabash National fundamental ratios Correlations

0.940.760.890.920.670.790.450.720.610.980.670.610.820.380.950.720.36-0.060.970.40.960.240.720.820.81
0.940.620.780.770.540.910.310.620.540.960.520.540.670.370.990.610.37-0.020.960.260.840.260.880.690.7
0.760.620.770.730.940.530.670.660.660.720.810.660.650.210.640.710.45-0.190.710.730.770.260.380.690.66
0.890.780.770.750.750.750.430.910.350.840.690.350.850.30.810.910.37-0.090.910.620.910.180.430.850.81
0.920.770.730.750.570.520.440.520.750.870.620.750.770.430.770.580.240.020.80.280.920.310.610.780.76
0.670.540.940.750.570.510.770.70.520.620.860.520.64-0.040.580.70.59-0.420.670.90.680.070.220.570.52
0.790.910.530.750.520.510.260.720.20.840.420.20.640.230.910.620.3-0.090.90.350.660.10.770.550.57
0.450.310.670.430.440.770.260.360.440.470.790.440.46-0.540.380.20.27-0.840.410.730.390.060.110.10.03
0.720.620.660.910.520.70.720.360.070.690.610.070.80.210.680.890.28-0.110.790.650.73-0.10.260.740.72
0.610.540.660.350.750.520.20.440.070.570.531.00.30.30.520.220.46-0.020.490.210.640.430.520.480.47
0.980.960.720.840.870.620.840.470.690.570.650.570.760.30.970.630.28-0.120.970.340.890.210.80.730.72
0.670.520.810.690.620.860.420.790.610.530.650.530.52-0.140.590.610.53-0.50.660.750.67-0.020.20.560.47
0.610.540.660.350.750.520.20.440.071.00.570.530.30.30.520.220.46-0.020.490.210.640.430.520.480.47
0.820.670.650.850.770.640.640.460.80.30.760.520.30.250.690.720.23-0.150.780.550.850.110.360.690.69
0.380.370.210.30.43-0.040.23-0.540.210.30.3-0.140.30.250.30.460.090.890.32-0.260.470.220.390.690.75
0.950.990.640.810.770.580.910.380.680.520.970.590.520.690.30.620.4-0.090.980.320.850.160.840.70.7
0.720.610.710.910.580.70.620.20.890.220.630.610.220.720.460.620.450.150.750.630.80.050.220.890.85
0.360.370.450.370.240.590.30.270.280.460.280.530.460.230.090.40.45-0.150.410.550.44-0.10.120.40.37
-0.06-0.02-0.19-0.090.02-0.42-0.09-0.84-0.11-0.02-0.12-0.5-0.02-0.150.89-0.090.15-0.15-0.1-0.540.040.130.130.340.41
0.970.960.710.910.80.670.90.410.790.490.970.660.490.780.320.980.750.41-0.10.440.910.180.730.780.77
0.40.260.730.620.280.90.350.730.650.210.340.750.210.55-0.260.320.630.55-0.540.440.45-0.03-0.130.350.29
0.960.840.770.910.920.680.660.390.730.640.890.670.640.850.470.850.80.440.040.910.450.260.560.90.87
0.240.260.260.180.310.070.10.06-0.10.430.21-0.020.430.110.220.160.05-0.10.130.18-0.030.260.30.130.14
0.720.880.380.430.610.220.770.110.260.520.80.20.520.360.390.840.220.120.130.73-0.130.560.30.410.47
0.820.690.690.850.780.570.550.10.740.480.730.560.480.690.690.70.890.40.340.780.350.90.130.410.98
0.810.70.660.810.760.520.570.030.720.470.720.470.470.690.750.70.850.370.410.770.290.870.140.470.98
Click cells to compare fundamentals

Wabash National Account Relationship Matchups

Wabash National fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.2B1.1B1.2B1.4B738.0M
Short Long Term Debt Total456.1M448.4M428.4M401.9M405.5M251.2M
Other Current Liab104.9M84.3M85.7M95.3M121.6M127.7M
Total Current Liabilities259.4M235.8M289.3M347.5M352.2M182.1M
Total Stockholder Equity521.0M404.9M325.5M397.6M549.5M285.7M
Property Plant And Equipment Net221.3M209.7M232.4M271.1M325.4M341.7M
Net Debt315.6M230.7M356.6M343.7M226.2M180.3M
Retained Earnings221.8M107.2M92.1M188.2M403.9M424.1M
Accounts Payable134.8M104.4M174.0M189.1M156.6M97.0M
Cash140.5M217.7M71.8M58.2M179.3M188.2M
Non Current Assets Total763.2M615.7M577.4M610.9M681.5M363.1M
Non Currrent Assets Other40.9M39.6M42.1M24.4M62.5M38.4M
Cash And Short Term Investments140.5M217.7M71.8M58.2M179.3M188.2M
Net Receivables172.7M101.3M176.5M255.6M183.0M108.5M
Common Stock Shares Outstanding55.3M52.9M51.6M49.9M48.0M42.5M
Liabilities And Stockholders Equity1.3B1.2B1.1B1.2B1.4B738.0M
Non Current Liabilities Total524.2M520.8M492.2M457.9M460.5M270.2M
Inventory186.9M163.8M237.6M243.9M267.6M166.5M
Other Current Assets16.1M63.0M43.8M34.9M51.5M54.0M
Other Stockholder Equity302.4M289.3M231.8M209.5M145.2M138.0M
Total Liab783.6M756.6M781.5M805.4M812.7M452.2M
Property Plant And Equipment Gross221.3M209.7M550.3M597.1M670.4M704.0M
Total Current Assets541.4M545.8M529.7M592.6M681.4M375.0M
Accumulated Other Comprehensive Income(4.0M)7.6M859K(882K)(428K)(449.4K)
Short Term Debt327K4.5M3.6M6.1M9.0M11.6M
Intangible Assets189.9M166.9M114.4M99.2M86.4M94.1M
Common Stock Total Equity750K755K759K766K880.9K576.5K
Common Stock750K755K759K766K774K587.5K
Other Liab58.4M72.8M63.9M45.2M52.0M27.3M
Other Assets19.5M39.6M42.1M52.1M59.9M62.9M
Long Term Debt455.4M448.0M428.3M395.8M396.5M295.9M
Treasury Stock(302.8M)(336.5M)(355.4M)(422.2M)(380.0M)(361.0M)
Property Plant Equipment221.3M209.7M232.4M271.1M311.8M188.0M
Good Will311.0M199.6M188.4M188.4M188.4M157.4M
Current Deferred Revenue19.3M37.8M17.6M32.1M45.6M28.7M
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 Obligations5.1M378K59K6.1M9.0M9.5M

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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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.