Wabash National Corporation (WNC)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $188,830K
= 0.00
The debt-to-equity ratio for Wabash National Corporation has consistently been 0.00 for the years 2020 to 2024. This indicates that the company has been using no debt to finance its operations relative to its equity. A debt-to-equity ratio of 0.00 signifies that the company's liabilities are equivalent to its equity, or that there is no debt in its capital structure. This could suggest that the company has a conservative financial approach, potentially relying more on equity financing or having paid off its debts. It is also important to note that a low debt-to-equity ratio may imply lower financial risk as the company has less leverage and is less vulnerable to economic downturns.