Wabash Short Term Debt vs Inventory Analysis
WNC Stock | USD 19.31 0.40 2.12% |
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 Short Term Debt and its Inventory 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.
Short Term Debt vs Inventory
Short Term Debt vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wabash National Short Term Debt account and Inventory. At this time, the significance of the direction appears to have no relationship.
The correlation between Wabash National's Short Term Debt and Inventory is 0.05. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Inventory 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 Short Term Debt and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Wabash National are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Short Term Debt i.e., Wabash National's Short Term Debt and Inventory go up and down completely randomly.
Correlation Coefficient | 0.05 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Term Debt
Inventory
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 Profit | 196.5M | 322.7M | 498.2M | 523.1M | Total Revenue | 1.8B | 2.5B | 2.5B | 1.3B |
Wabash National fundamental ratios Correlations
Click cells to compare fundamentals
Wabash National Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wabash National fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.3B | 1.2B | 1.1B | 1.2B | 1.4B | 738.0M | |
Short Long Term Debt Total | 456.1M | 448.4M | 428.4M | 401.9M | 405.5M | 251.2M | |
Other Current Liab | 104.9M | 84.3M | 85.7M | 95.3M | 121.6M | 127.7M | |
Total Current Liabilities | 259.4M | 235.8M | 289.3M | 347.5M | 352.2M | 182.1M | |
Total Stockholder Equity | 521.0M | 404.9M | 325.5M | 397.6M | 549.5M | 285.7M | |
Property Plant And Equipment Net | 221.3M | 209.7M | 232.4M | 271.1M | 325.4M | 341.7M | |
Net Debt | 315.6M | 230.7M | 356.6M | 343.7M | 226.2M | 180.3M | |
Retained Earnings | 221.8M | 107.2M | 92.1M | 188.2M | 403.9M | 424.1M | |
Accounts Payable | 134.8M | 104.4M | 174.0M | 189.1M | 156.6M | 97.0M | |
Cash | 140.5M | 217.7M | 71.8M | 58.2M | 179.3M | 188.2M | |
Non Current Assets Total | 763.2M | 615.7M | 577.4M | 610.9M | 681.5M | 363.1M | |
Non Currrent Assets Other | 40.9M | 39.6M | 42.1M | 24.4M | 62.5M | 38.4M | |
Cash And Short Term Investments | 140.5M | 217.7M | 71.8M | 58.2M | 179.3M | 188.2M | |
Net Receivables | 172.7M | 101.3M | 176.5M | 255.6M | 183.0M | 108.5M | |
Common Stock Shares Outstanding | 55.3M | 52.9M | 51.6M | 49.9M | 48.0M | 42.5M | |
Liabilities And Stockholders Equity | 1.3B | 1.2B | 1.1B | 1.2B | 1.4B | 738.0M | |
Non Current Liabilities Total | 524.2M | 520.8M | 492.2M | 457.9M | 460.5M | 270.2M | |
Inventory | 186.9M | 163.8M | 237.6M | 243.9M | 267.6M | 166.5M | |
Other Current Assets | 16.1M | 63.0M | 43.8M | 34.9M | 51.5M | 54.0M | |
Other Stockholder Equity | 302.4M | 289.3M | 231.8M | 209.5M | 145.2M | 138.0M | |
Total Liab | 783.6M | 756.6M | 781.5M | 805.4M | 812.7M | 452.2M | |
Property Plant And Equipment Gross | 221.3M | 209.7M | 550.3M | 597.1M | 670.4M | 704.0M | |
Total Current Assets | 541.4M | 545.8M | 529.7M | 592.6M | 681.4M | 375.0M | |
Accumulated Other Comprehensive Income | (4.0M) | 7.6M | 859K | (882K) | (428K) | (449.4K) | |
Short Term Debt | 327K | 4.5M | 3.6M | 6.1M | 9.0M | 11.6M | |
Intangible Assets | 189.9M | 166.9M | 114.4M | 99.2M | 86.4M | 94.1M | |
Common Stock Total Equity | 750K | 755K | 759K | 766K | 880.9K | 576.5K | |
Common Stock | 750K | 755K | 759K | 766K | 774K | 587.5K | |
Other Liab | 58.4M | 72.8M | 63.9M | 45.2M | 52.0M | 27.3M | |
Other Assets | 19.5M | 39.6M | 42.1M | 52.1M | 59.9M | 62.9M | |
Long Term Debt | 455.4M | 448.0M | 428.3M | 395.8M | 396.5M | 295.9M | |
Treasury Stock | (302.8M) | (336.5M) | (355.4M) | (422.2M) | (380.0M) | (361.0M) | |
Property Plant Equipment | 221.3M | 209.7M | 232.4M | 271.1M | 311.8M | 188.0M | |
Good Will | 311.0M | 199.6M | 188.4M | 188.4M | 188.4M | 157.4M | |
Current Deferred Revenue | 19.3M | 37.8M | 17.6M | 32.1M | 45.6M | 28.7M | |
Net Tangible Assets | 20.1M | 38.4M | 22.7M | 109.9M | 99.0M | 49.5M | |
Retained Earnings Total Equity | 221.8M | 107.2M | 92.1M | 188.2M | 216.5M | 227.3M | |
Long Term Debt Total | 455.4M | 448.0M | 428.3M | 395.8M | 455.2M | 406.8M | |
Capital Surpluse | 638.9M | 644.7M | 654.0M | 665.9M | 765.8M | 702.5M | |
Capital Lease Obligations | 5.1M | 378K | 59K | 6.1M | 9.0M | 9.5M |
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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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.