Wabash National Corporation (WNC)

Debt-to-assets ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 1,411,530 1,362,810 1,203,520 1,107,070 1,161,470
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,411,530K
= 0.00

The debt-to-assets ratio for Wabash National Corporation has remained constant at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely financed by equity rather than debt. It suggests a lower financial risk level as the company is not relying on borrowed funds to support its operations or growth. However, it's important to note that a very low debt-to-assets ratio could also imply missed opportunities for leveraging debt to potentially increase returns for shareholders.