Wabash National Corporation (WNC)
Current ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 594,488 | 639,486 | 643,965 | 687,494 | 681,353 | 721,043 | 728,428 | 682,920 | 592,619 | 674,516 | 707,427 | 695,937 | 529,705 | 582,164 | 587,984 | 620,644 | 545,764 | 566,508 | 502,849 | 577,057 |
| Total current liabilities | US$ in thousands | 308,409 | 339,283 | 323,356 | 368,589 | 352,209 | 393,217 | 433,410 | 424,401 | 347,468 | 397,364 | 432,688 | 372,660 | 289,325 | 287,977 | 282,549 | 298,578 | 235,753 | 279,791 | 232,114 | 269,535 |
| Current ratio | 1.93 | 1.88 | 1.99 | 1.87 | 1.93 | 1.83 | 1.68 | 1.61 | 1.71 | 1.70 | 1.63 | 1.87 | 1.83 | 2.02 | 2.08 | 2.08 | 2.31 | 2.02 | 2.17 | 2.14 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $594,488K ÷ $308,409K
= 1.93
The current ratio of Wabash National Corporation has displayed fluctuations over the years. From March 31, 2020, to June 30, 2020, the current ratio slightly increased from 2.14 to 2.17. Subsequently, there was a small dip in the ratio to 2.02 by September 30, 2020. The ratio then improved significantly to 2.31 by December 31, 2020, reflecting a strong liquidity position.
However, the trend reversed in the following periods with the current ratio declining to 1.83 by December 31, 2021. This decreasing trend continued with a ratio of 1.63 by June 30, 2022. The company slightly improved its current ratio to 1.93 by December 31, 2023, but it decreased again to 1.87 by March 31, 2024.
In the last reported period of December 31, 2024, the current ratio stood at 1.93, showing a modest improvement compared to the previous period. Overall, the current ratio trend for Wabash National Corporation indicates fluctuations over the years, with periods of both improvement and decline in its short-term liquidity position.