Wabash National Corporation (WNC)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 188,830 | 549,496 | 397,613 | 325,539 | 404,879 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $188,830K)
= 0.00
The debt-to-capital ratio for Wabash National Corporation remained consistently at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company does not have any debt relative to its capital structure during the period analyzed. This may reflect a strong financial position with either minimal or no debt obligations, suggesting a lower financial risk and potential stability in the company's operations. It also implies that the company may be financing its operations primarily through equity rather than debt, which could be seen as a positive signal for investors and lenders.