Wabash National (Wabash National) Debt-to-Equity

: 0.74 (As of Dec. 2023)

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Wabash National's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9 Mil. Wabash National's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $396 Mil. Wabash National's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $549 Mil. Wabash National's debt to equity for the quarter that ended in Dec. 2023 was 0.74.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Wabash National's Debt-to-Equity or its related term are showing as below:

WNC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 0.95 Max: 1.33
Current: 0.74

During the past 13 years, the highest Debt-to-Equity Ratio of Wabash National was 1.33. The lowest was 0.50. And the median was 0.95.

WNC's Debt-to-Equity is ranked worse than
73.94% of 188 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.39 vs WNC: 0.74

Wabash National Debt-to-Equity Historical Data

The historical data trend for Wabash National's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wabash National Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.88

1.12

1.33

1.01

0.74

Wabash National Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																1.01	0.95	0.88	0.78	0.74

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Wabash National's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Wabash National Debt-to-Equity Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wabash National's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wabash National's Debt-to-Equity falls into.

Wabash National Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wabash National's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(9.049	+	396.465)	/	549.496
	=	0.74

Wabash National's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(9.049	+	396.465)	/	549.496
	=	0.74

Wabash National (NYSE:WNC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Wabash National Debt-to-Equity Related Terms

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Wabash National (Wabash National) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Wabash National Corp (NYSE:WNC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WA9:Germany

Address

3900 McCarty Lane, Lafayette, IN, USA, 47905

Website

https://ir.onewabash.com

Wabash National Corp operates as the innovation leader of connected solutions for the transportation, logistics and distribution industries. The company's mission is to enable customers to succeed with breakthrough ideas and solutions that help them move everything from the first to the final mile. It designs and manufactures a diverse range of products, including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food-grade processing equipment.

Executives

Larry J Magee	director	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Mary Kristin Glazner	officer: SVP Chief HR Officer	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Michael N Pettit	officer: SVP - Group President, FMP	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Dustin T Smith	officer: SVP and Group President, CTP	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Kevin J Page	officer: SVP and Group President, DPG	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Brent L Yeagy	officer: Pres. of Commercial Trailer	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Sudhanshu Shekhar Priyadarshi	director	6425 HALL OF FAME LANE, FRISCO TX 75034
Trent Broberg	director	3900 MCCARTY LANE, LAFAYETTE IN 47905
John E Kunz	director	522 N. MACEWEN DRIVE, OSPREY FL 34229
John G. Boss	director	260 HUDSON RIVER ROAD, WATERFORD NY 12188
Therese M Bassett	director	2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Taylor Stuart A Ii	director
Andrew C Boynton	director	FULTON HALL 510, 140 COMMONWEALTH AVENUE, CHESTNUT HILL MA 02467
Melanie Margolin	officer: SVP and General Counsel	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Richard J Giromini	officer: Senior Vice President - COO