Wabash National Balance Sheet Health
Financial Health criteria checks 5/6
Wabash National has a total shareholder equity of $546.2M and total debt of $396.6M, which brings its debt-to-equity ratio to 72.6%. Its total assets and total liabilities are $1.4B and $832.3M respectively. Wabash National's EBIT is $274.6M making its interest coverage ratio 18. It has cash and short-term investments of $115.8M.
Key information
72.6%
Debt to equity ratio
US$396.63m
Debt
Interest coverage ratio | 18x |
Cash | US$115.79m |
Equity | US$546.21m |
Total liabilities | US$832.32m |
Total assets | US$1.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WA9's short term assets ($687.5M) exceed its short term liabilities ($368.6M).
Long Term Liabilities: WA9's short term assets ($687.5M) exceed its long term liabilities ($463.7M).
Debt to Equity History and Analysis
Debt Level: WA9's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: WA9's debt to equity ratio has reduced from 104.3% to 72.6% over the past 5 years.
Debt Coverage: WA9's debt is well covered by operating cash flow (58.7%).
Interest Coverage: WA9's interest payments on its debt are well covered by EBIT (18x coverage).