Wabash Net Income vs Free Cash Flow Analysis

WNC Stock

USD 18.27 0.28 1.51%

Wabash National financial indicator trend analysis is more than just analyzing Wabash National current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wabash National is a good investment. Please check the relationship between Wabash National Net Income and its Free Cash Flow accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wabash National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Wabash Stock refer to our How to Trade Wabash Stock guide.

Net Income vs Free Cash Flow

Net Income vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wabash National Net Income account and Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.

The correlation between Wabash National's Net Income and Free Cash Flow is 0.72. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Wabash National, assuming nothing else is changed. The correlation between historical values of Wabash National's Net Income and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Wabash National are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Net Income i.e., Wabash National's Net Income and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Wabash National financial statement analysis. It represents the amount of money remaining after all of Wabash National operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Wabash National's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wabash National current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wabash National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Wabash Stock refer to our How to Trade Wabash Stock guide.At present, Wabash National's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 5.63, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.04.

	2021	2022	2023	2024 (projected)
Gross Profit	196.5M	322.7M	498.2M	523.1M
Total Revenue	1.8B	2.5B	2.5B	1.3B

Gross Profit Total Revenue

Wabash National fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.94	0.76	0.89	0.92	0.67	0.79	0.45	0.72	0.61	0.98	0.67	0.61	0.82	0.38	0.95	0.72	0.36	-0.06	0.97	0.4	0.96	0.24	0.72	0.82	0.81
Short Long Term Debt Total	0.94		0.62	0.78	0.77	0.54	0.91	0.31	0.62	0.54	0.96	0.52	0.54	0.67	0.37	0.99	0.61	0.37	-0.02	0.96	0.26	0.84	0.26	0.88	0.69	0.7
Other Current Liab	0.76	0.62		0.77	0.73	0.94	0.53	0.67	0.66	0.66	0.72	0.81	0.66	0.65	0.21	0.64	0.71	0.45	-0.19	0.71	0.73	0.77	0.26	0.38	0.69	0.66
Total Current Liabilities	0.89	0.78	0.77		0.75	0.75	0.75	0.43	0.91	0.35	0.84	0.69	0.35	0.85	0.3	0.81	0.91	0.37	-0.09	0.91	0.62	0.91	0.18	0.43	0.85	0.81
Total Stockholder Equity	0.92	0.77	0.73	0.75		0.57	0.52	0.44	0.52	0.75	0.87	0.62	0.75	0.77	0.43	0.77	0.58	0.24	0.02	0.8	0.28	0.92	0.31	0.61	0.78	0.76
Property Plant And Equipment Net	0.67	0.54	0.94	0.75	0.57		0.51	0.77	0.7	0.52	0.62	0.86	0.52	0.64	-0.04	0.58	0.7	0.59	-0.42	0.67	0.9	0.68	0.07	0.22	0.57	0.52
Net Debt	0.79	0.91	0.53	0.75	0.52	0.51		0.26	0.72	0.2	0.84	0.42	0.2	0.64	0.23	0.91	0.62	0.3	-0.09	0.9	0.35	0.66	0.1	0.77	0.55	0.57
Retained Earnings	0.45	0.31	0.67	0.43	0.44	0.77	0.26		0.36	0.44	0.47	0.79	0.44	0.46	-0.54	0.38	0.2	0.27	-0.84	0.41	0.73	0.39	0.06	0.11	0.1	0.03
Accounts Payable	0.72	0.62	0.66	0.91	0.52	0.7	0.72	0.36		0.07	0.69	0.61	0.07	0.8	0.21	0.68	0.89	0.28	-0.11	0.79	0.65	0.73	-0.1	0.26	0.74	0.72
Cash	0.61	0.54	0.66	0.35	0.75	0.52	0.2	0.44	0.07		0.57	0.53	1.0	0.3	0.3	0.52	0.22	0.46	-0.02	0.49	0.21	0.64	0.43	0.52	0.48	0.47
Non Current Assets Total	0.98	0.96	0.72	0.84	0.87	0.62	0.84	0.47	0.69	0.57		0.65	0.57	0.76	0.3	0.97	0.63	0.28	-0.12	0.97	0.34	0.89	0.21	0.8	0.73	0.72
Non Currrent Assets Other	0.67	0.52	0.81	0.69	0.62	0.86	0.42	0.79	0.61	0.53	0.65		0.53	0.52	-0.14	0.59	0.61	0.53	-0.5	0.66	0.75	0.67	-0.02	0.2	0.56	0.47
Cash And Short Term Investments	0.61	0.54	0.66	0.35	0.75	0.52	0.2	0.44	0.07	1.0	0.57	0.53		0.3	0.3	0.52	0.22	0.46	-0.02	0.49	0.21	0.64	0.43	0.52	0.48	0.47
Net Receivables	0.82	0.67	0.65	0.85	0.77	0.64	0.64	0.46	0.8	0.3	0.76	0.52	0.3		0.25	0.69	0.72	0.23	-0.15	0.78	0.55	0.85	0.11	0.36	0.69	0.69
Common Stock Shares Outstanding	0.38	0.37	0.21	0.3	0.43	-0.04	0.23	-0.54	0.21	0.3	0.3	-0.14	0.3	0.25		0.3	0.46	0.09	0.89	0.32	-0.26	0.47	0.22	0.39	0.69	0.75
Non Current Liabilities Total	0.95	0.99	0.64	0.81	0.77	0.58	0.91	0.38	0.68	0.52	0.97	0.59	0.52	0.69	0.3		0.62	0.4	-0.09	0.98	0.32	0.85	0.16	0.84	0.7	0.7
Inventory	0.72	0.61	0.71	0.91	0.58	0.7	0.62	0.2	0.89	0.22	0.63	0.61	0.22	0.72	0.46	0.62		0.45	0.15	0.75	0.63	0.8	0.05	0.22	0.89	0.85
Other Current Assets	0.36	0.37	0.45	0.37	0.24	0.59	0.3	0.27	0.28	0.46	0.28	0.53	0.46	0.23	0.09	0.4	0.45		-0.15	0.41	0.55	0.44	-0.1	0.12	0.4	0.37
Other Stockholder Equity	-0.06	-0.02	-0.19	-0.09	0.02	-0.42	-0.09	-0.84	-0.11	-0.02	-0.12	-0.5	-0.02	-0.15	0.89	-0.09	0.15	-0.15		-0.1	-0.54	0.04	0.13	0.13	0.34	0.41
Total Liab	0.97	0.96	0.71	0.91	0.8	0.67	0.9	0.41	0.79	0.49	0.97	0.66	0.49	0.78	0.32	0.98	0.75	0.41	-0.1		0.44	0.91	0.18	0.73	0.78	0.77
Property Plant And Equipment Gross	0.4	0.26	0.73	0.62	0.28	0.9	0.35	0.73	0.65	0.21	0.34	0.75	0.21	0.55	-0.26	0.32	0.63	0.55	-0.54	0.44		0.45	-0.03	-0.13	0.35	0.29
Total Current Assets	0.96	0.84	0.77	0.91	0.92	0.68	0.66	0.39	0.73	0.64	0.89	0.67	0.64	0.85	0.47	0.85	0.8	0.44	0.04	0.91	0.45		0.26	0.56	0.9	0.87
Short Term Debt	0.24	0.26	0.26	0.18	0.31	0.07	0.1	0.06	-0.1	0.43	0.21	-0.02	0.43	0.11	0.22	0.16	0.05	-0.1	0.13	0.18	-0.03	0.26		0.3	0.13	0.14
Intangible Assets	0.72	0.88	0.38	0.43	0.61	0.22	0.77	0.11	0.26	0.52	0.8	0.2	0.52	0.36	0.39	0.84	0.22	0.12	0.13	0.73	-0.13	0.56	0.3		0.41	0.47
Common Stock Total Equity	0.82	0.69	0.69	0.85	0.78	0.57	0.55	0.1	0.74	0.48	0.73	0.56	0.48	0.69	0.69	0.7	0.89	0.4	0.34	0.78	0.35	0.9	0.13	0.41		0.98
Common Stock	0.81	0.7	0.66	0.81	0.76	0.52	0.57	0.03	0.72	0.47	0.72	0.47	0.47	0.69	0.75	0.7	0.85	0.37	0.41	0.77	0.29	0.87	0.14	0.47	0.98

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Wabash National Account Relationship Matchups

Wabash National fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.2B	1.1B	1.2B	1.4B	738.0M
Short Long Term Debt Total	456.1M	448.4M	428.4M	401.9M	405.5M	251.2M
Other Current Liab	104.9M	84.3M	85.7M	95.3M	121.6M	127.7M
Total Current Liabilities	259.4M	235.8M	289.3M	347.5M	352.2M	182.1M
Total Stockholder Equity	521.0M	404.9M	325.5M	397.6M	549.5M	285.7M
Property Plant And Equipment Net	221.3M	209.7M	232.4M	271.1M	325.4M	341.7M
Net Debt	315.6M	230.7M	356.6M	343.7M	226.2M	180.3M
Retained Earnings	221.8M	107.2M	92.1M	188.2M	403.9M	424.1M
Accounts Payable	134.8M	104.4M	174.0M	189.1M	156.6M	97.0M
Cash	140.5M	217.7M	71.8M	58.2M	179.3M	188.2M
Non Current Assets Total	763.2M	615.7M	577.4M	610.9M	681.5M	363.1M
Non Currrent Assets Other	40.9M	39.6M	42.1M	24.4M	62.5M	38.4M
Cash And Short Term Investments	140.5M	217.7M	71.8M	58.2M	179.3M	188.2M
Net Receivables	172.7M	101.3M	176.5M	255.6M	183.0M	108.5M
Common Stock Shares Outstanding	55.3M	52.9M	51.6M	49.9M	48.0M	42.5M
Liabilities And Stockholders Equity	1.3B	1.2B	1.1B	1.2B	1.4B	738.0M
Non Current Liabilities Total	524.2M	520.8M	492.2M	457.9M	460.5M	270.2M
Inventory	186.9M	163.8M	237.6M	243.9M	267.6M	166.5M
Other Current Assets	16.1M	63.0M	43.8M	34.9M	51.5M	54.0M
Other Stockholder Equity	302.4M	289.3M	231.8M	209.5M	145.2M	138.0M
Total Liab	783.6M	756.6M	781.5M	805.4M	812.7M	452.2M
Property Plant And Equipment Gross	221.3M	209.7M	550.3M	597.1M	670.4M	704.0M
Total Current Assets	541.4M	545.8M	529.7M	592.6M	681.4M	375.0M
Accumulated Other Comprehensive Income	(4.0M)	7.6M	859K	(882K)	(428K)	(449.4K)
Short Term Debt	327K	4.5M	3.6M	6.1M	9.0M	11.6M
Intangible Assets	189.9M	166.9M	114.4M	99.2M	86.4M	94.1M
Common Stock Total Equity	750K	755K	759K	766K	880.9K	576.5K
Common Stock	750K	755K	759K	766K	774K	587.5K
Other Liab	58.4M	72.8M	63.9M	45.2M	52.0M	27.3M
Other Assets	19.5M	39.6M	42.1M	52.1M	59.9M	62.9M
Long Term Debt	455.4M	448.0M	428.3M	395.8M	396.5M	295.9M
Treasury Stock	(302.8M)	(336.5M)	(355.4M)	(422.2M)	(380.0M)	(361.0M)
Property Plant Equipment	221.3M	209.7M	232.4M	271.1M	311.8M	188.0M
Good Will	311.0M	199.6M	188.4M	188.4M	188.4M	157.4M
Current Deferred Revenue	19.3M	37.8M	17.6M	32.1M	45.6M	28.7M
Net Tangible Assets	20.1M	38.4M	22.7M	109.9M	99.0M	49.5M
Retained Earnings Total Equity	221.8M	107.2M	92.1M	188.2M	216.5M	227.3M
Long Term Debt Total	455.4M	448.0M	428.3M	395.8M	455.2M	406.8M
Capital Surpluse	638.9M	644.7M	654.0M	665.9M	765.8M	702.5M
Capital Lease Obligations	5.1M	378K	59K	6.1M	9.0M	9.5M

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When determining whether Wabash National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wabash National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wabash National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wabash National Stock:

How To Invest In Wabash

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Is Wabash Stock a good investment?

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What is Wabash National's Net Worth?

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wabash National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For information on how to trade Wabash Stock refer to our How to Trade Wabash Stock guide.

You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wabash National. If investors know Wabash will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wabash National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.58)

Dividend Share

0.32

Earnings Share

(5.25)

Revenue Per Share

47.238

Quarterly Revenue Growth

(0.27)

The market value of Wabash National is measured differently than its book value, which is the value of Wabash that is recorded on the company's balance sheet. Investors also form their own opinion of Wabash National's value that differs from its market value or its book value, called intrinsic value, which is Wabash National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wabash National's market value can be influenced by many factors that don't directly affect Wabash National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Wabash National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wabash National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wabash National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Wabash Net Income vs Free Cash Flow Analysis

Net Income vs Free Cash Flow

Net Income vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Net Income

Free Cash Flow

Wabash National fundamental ratios Correlations

Wabash National Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wabash National fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.98	Total Assets
Total Liab	+ 0.98	Non Current Liabilities Total
Common Stock	+ 0.98	Common Stock Total Equity
Total Liab	+ 0.97	Total Assets

Other Stockholder Equity	- 0.84	Retained Earnings
Property Plant And Equipment Gross	- 0.54	Other Stockholder Equity
Common Stock Shares Outstanding	- 0.54	Retained Earnings
Other Stockholder Equity	- 0.5	Non Currrent Assets Other
Other Stockholder Equity	- 0.42	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.26	Common Stock Shares Outstanding