Winnebago Quick Ratio vs Operating Income Analysis

WGO Stock  USD 61.28  0.14  0.23%   
Winnebago Industries financial indicator trend analysis is more than just analyzing Winnebago Industries current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Winnebago Industries is a good investment. Please check the relationship between Winnebago Industries Quick Ratio and its Operating Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.

Quick Ratio vs Operating Income

Quick Ratio vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Winnebago Industries Quick Ratio account and Operating Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Winnebago Industries' Quick Ratio and Operating Income is 0.0. Overlapping area represents the amount of variation of Quick Ratio that can explain the historical movement of Operating Income in the same time period over historical financial statements of Winnebago Industries, assuming nothing else is changed. The correlation between historical values of Winnebago Industries' Quick Ratio and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Quick Ratio of Winnebago Industries are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Quick Ratio i.e., Winnebago Industries' Quick Ratio and Operating Income go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities.

Operating Income

Operating Income is the amount of profit realized from Winnebago Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Winnebago Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Winnebago Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Winnebago Industries 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 Winnebago Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.At this time, Winnebago Industries' Selling General Administrative is very stable compared to the past year. As of the 19th of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.07, while Tax Provision is likely to drop about 52.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit929.3M586.1M674.0M707.7M
Total Revenue5.0B3.5B4.0B4.2B

Winnebago Industries fundamental ratios Correlations

0.960.950.981.00.980.870.960.880.99-0.30.880.890.070.990.960.95-0.090.990.930.98-0.090.950.330.60.34
0.960.910.930.950.940.820.920.870.94-0.330.870.88-0.010.950.90.88-0.120.950.880.94-0.10.910.380.730.38
0.950.910.950.950.940.750.910.90.92-0.220.90.830.120.930.940.93-0.070.950.880.97-0.040.930.240.480.25
0.980.930.950.970.940.840.930.880.96-0.320.880.930.060.970.950.91-0.070.990.850.98-0.080.990.330.610.34
1.00.950.950.970.990.860.980.870.99-0.260.870.860.070.980.970.97-0.130.980.950.98-0.10.930.320.580.32
0.980.940.940.940.990.840.970.860.98-0.160.850.80.120.950.970.98-0.120.960.980.96-0.130.90.250.520.26
0.870.820.750.840.860.840.810.580.92-0.150.570.830.120.890.80.770.00.880.790.770.210.810.280.630.28
0.960.920.910.930.980.970.810.820.95-0.170.820.78-0.10.930.970.95-0.330.930.960.94-0.10.870.430.560.44
0.880.870.90.880.870.860.580.820.83-0.481.00.790.070.880.820.87-0.010.890.80.94-0.340.880.270.440.28
0.990.940.920.960.990.980.920.950.83-0.250.820.880.090.990.950.94-0.080.980.930.95-0.030.930.320.60.33
-0.3-0.33-0.22-0.32-0.26-0.16-0.15-0.17-0.48-0.25-0.47-0.530.06-0.34-0.15-0.19-0.24-0.33-0.07-0.360.08-0.39-0.25-0.43-0.25
0.880.870.90.880.870.850.570.821.00.82-0.470.790.060.880.820.87-0.010.880.790.94-0.340.870.280.440.28
0.890.880.830.930.860.80.830.780.790.88-0.530.790.010.910.790.730.070.920.670.880.040.950.380.760.38
0.07-0.010.120.060.070.120.12-0.10.070.090.060.060.010.080.040.140.830.070.10.05-0.040.1-0.84-0.26-0.84
0.990.950.930.970.980.950.890.930.880.99-0.340.880.910.080.920.92-0.031.00.890.96-0.060.950.340.60.34
0.960.90.940.950.970.970.80.970.820.95-0.150.820.790.040.920.96-0.220.940.930.96-0.10.910.310.510.31
0.950.880.930.910.970.980.770.950.870.94-0.190.870.730.140.920.96-0.120.930.960.95-0.20.870.220.40.23
-0.09-0.12-0.07-0.07-0.13-0.120.0-0.33-0.01-0.08-0.24-0.010.070.83-0.03-0.22-0.12-0.05-0.21-0.10.010.03-0.73-0.19-0.73
0.990.950.950.990.980.960.880.930.890.98-0.330.880.920.071.00.940.93-0.050.890.98-0.070.970.340.610.34
0.930.880.880.850.950.980.790.960.80.93-0.070.790.670.10.890.930.96-0.210.890.89-0.130.790.240.430.25
0.980.940.970.980.980.960.770.940.940.95-0.360.940.880.050.960.960.95-0.10.980.89-0.170.960.330.560.34
-0.09-0.1-0.04-0.08-0.1-0.130.21-0.1-0.34-0.030.08-0.340.04-0.04-0.06-0.1-0.20.01-0.07-0.13-0.17-0.10.060.120.06
0.950.910.930.990.930.90.810.870.880.93-0.390.870.950.10.950.910.870.030.970.790.96-0.10.290.620.3
0.330.380.240.330.320.250.280.430.270.32-0.250.280.38-0.840.340.310.22-0.730.340.240.330.060.290.51.0
0.60.730.480.610.580.520.630.560.440.6-0.430.440.76-0.260.60.510.4-0.190.610.430.560.120.620.50.51
0.340.380.250.340.320.260.280.440.280.33-0.250.280.38-0.840.340.310.23-0.730.340.250.340.060.31.00.51
Click cells to compare fundamentals

Winnebago Industries Account Relationship Matchups

Winnebago Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.1B2.4B2.4B2.8B2.9B
Short Long Term Debt Total539.7M555.3M586.3M634.4M729.6M766.0M
Other Current Liab167.9M227.2M292.8M249.1M286.5M300.8M
Total Current Liabilities300.4M407.3M522.1M396M455.4M478.2M
Total Stockholder Equity827.5M1.1B1.3B1.4B1.6B1.7B
Property Plant And Equipment Net204.4M219.8M317.4M369.9M425.4M446.7M
Net Debt247.1M120.7M304.1M324.5M373.2M391.8M
Retained Earnings913.6M1.2B1.5B1.7B2.0B2.1B
Cash292.6M434.6M282.2M309.9M356.4M374.2M
Non Current Assets Total1.0B1.0B1.3B1.4B1.7B1.7B
Non Currrent Assets Other(590K)(35.6M)14.2M8.3M7.5M7.1M
Cash And Short Term Investments292.6M434.6M282.2M309.9M356.4M374.2M
Net Receivables220.8M253.8M254.1M178.5M205.3M215.5M
Common Stock Shares Outstanding33.5M34.1M33.0M35.4M31.9M31.4M
Liabilities And Stockholders Equity1.7B2.1B2.4B2.4B2.8B2.9B
Non Current Liabilities Total585.8M598.3M631.6M668.3M768.5M807.0M
Inventory182.9M341.5M525.8M470.6M541.2M568.2M
Other Current Assets17.3M29.1M31.8M37.7M43.4M45.5M
Other Stockholder Equity(111.5M)(141.5M)(300.0M)(405.2M)(364.7M)(346.4M)
Total Liab886.2M1.0B1.2B1.1B1.2B1.3B
Property Plant And Equipment Gross204.4M219.8M317.4M573M659.0M691.9M
Total Current Assets713.6M1.1B1.1B996.7M1.1B1.2B
Short Term Debt3.2M(13.4M)5.7M7.2M8.3M7.9M
Accounts Payable132.5M180.0M217.5M146.9M168.9M177.4M
Intangible Assets404.8M390.4M472.4M502M577.3M606.2M
Other Liab41.3M37.7M45.3M26.2M23.6M22.4M
Other Assets38.5M16.6M48.9M20M18M17.1M
Treasury Stock(347.4M)(351.3M)(315.3M)(359.9M)(323.9M)(340.1M)
Property Plant Equipment174.9M219.8M276.2M369.9M425.4M446.7M
Current Deferred Revenue(3.2M)13.4M6.1M(7.2M)(8.3M)(7.9M)
Net Tangible Assets74.6M318.5M306.4M351.6M404.3M424.6M
Long Term Debt512.6M528.6M545.9M592.4M681.3M715.3M
Retained Earnings Total Equity866.9M913.6M1.2B1.5B1.8B1.9B
Capital Surpluse203.8M218.5M256.2M197.7M227.4M118.1M

Winnebago Industries Investors Sentiment

The influence of Winnebago Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Winnebago. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Winnebago Industries' public news can be used to forecast risks associated with an investment in Winnebago. The trend in average sentiment can be used to explain how an investor holding Winnebago can time the market purely based on public headlines and social activities around Winnebago Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Winnebago Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Winnebago Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Winnebago Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Winnebago Industries.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Winnebago Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Winnebago Industries' short interest history, or implied volatility extrapolated from Winnebago Industries options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Winnebago Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Winnebago Industries' 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 Winnebago Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Winnebago Industries Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.
Note that the Winnebago Industries information on this page should be used as a complementary analysis to other Winnebago Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Winnebago Industries' price analysis, check to measure Winnebago Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Winnebago Industries is operating at the current time. Most of Winnebago Industries' value examination focuses on studying past and present price action to predict the probability of Winnebago Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Winnebago Industries' price. Additionally, you may evaluate how the addition of Winnebago Industries to your portfolios can decrease your overall portfolio volatility.
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Is Winnebago Industries' industry 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 Winnebago Industries. If investors know Winnebago 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 Winnebago Industries 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
(0.55)
Dividend Share
1.16
Earnings Share
3.42
Revenue Per Share
105.492
Quarterly Revenue Growth
(0.19)
The market value of Winnebago Industries is measured differently than its book value, which is the value of Winnebago that is recorded on the company's balance sheet. Investors also form their own opinion of Winnebago Industries' value that differs from its market value or its book value, called intrinsic value, which is Winnebago Industries' 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 Winnebago Industries' market value can be influenced by many factors that don't directly affect Winnebago Industries' 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 Winnebago Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Winnebago Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Winnebago Industries' 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.