Winnebago Industries Inc (WGO)
Debt-to-equity ratio
| Feb 24, 2024 | Nov 25, 2023 | Aug 26, 2023 | May 27, 2023 | Feb 25, 2023 | Nov 26, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 25, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 694,800 | 593,100 | 592,400 | 591,700 | 591,000 | 590,400 | 545,900 | 541,453 | 536,990 | 532,739 | 528,559 | 524,450 | 520,284 | 516,527 | 512,630 | 451,306 | 451,134 | 450,848 | 245,402 | 253,071 |
| Total stockholders’ equity | US$ in thousands | 1,324,600 | 1,354,000 | 1,368,100 | 1,361,300 | 1,337,300 | 1,288,600 | 1,263,000 | 1,263,900 | 1,209,000 | 1,159,300 | 1,056,900 | 1,010,260 | 942,364 | 871,558 | 827,500 | 784,810 | 801,524 | 785,609 | 632,212 | 602,993 |
| Debt-to-equity ratio | 0.52 | 0.44 | 0.43 | 0.43 | 0.44 | 0.46 | 0.43 | 0.43 | 0.44 | 0.46 | 0.50 | 0.52 | 0.55 | 0.59 | 0.62 | 0.58 | 0.56 | 0.57 | 0.39 | 0.42 |
February 24, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $694,800K ÷ $1,324,600K
= 0.52
The debt-to-equity ratio of Winnebago Industries Inc has shown slight fluctuations over the past few quarters, ranging from 0.39 to 0.62. The ratio indicates that the company has been using a mix of debt and equity to finance its operations and growth initiatives.
A debt-to-equity ratio of 0.52 as of February 24, 2024, shows that the company has more debt relative to equity in its capital structure. However, this ratio decreased from 0.57 in the previous quarter, which may suggest a reduction in debt levels or an increase in equity.
Overall, monitoring the trend of the debt-to-equity ratio over multiple periods can provide insights into Winnebago Industries Inc's capital structure management and financial risk profile. It is crucial for investors and stakeholders to assess the company's ability to repay its debts and sustain long-term financial health.
Peer comparison
Feb 24, 2024