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Winnebago Industries Current Ratio

: 2.69 (As of Feb. 2021)
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The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Winnebago Industries's current ratio for the quarter that ended in Feb. 2021 was 2.69.

Winnebago Industries has a current ratio of 2.69. It generally indicates good short-term financial strength.

NYSE:WGO' s Current Ratio Range Over the Past 10 Years
Min: 1.45   Med: 2.58   Max: 3.7
Current: 2.69

1.45
3.7

During the past 13 years, Winnebago Industries's highest Current Ratio was 3.70. The lowest was 1.45. And the median was 2.58.

NYSE:WGO's Current Ratio is ranked higher than
81% of the 1167 Companies
in the Vehicles & Parts industry.

( Industry Median: 1.50 vs. NYSE:WGO: 2.69 )

Winnebago Industries Current Ratio Historical Data

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Winnebago Industries Annual Data
Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20
Current Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.02 1.88 1.82 2.08 2.38

Winnebago Industries Quarterly Data
May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21
Current Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.25 2.31 2.38 2.52 2.69

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Winnebago Industries Current Ratio Distribution

* The bar in red indicates where Winnebago Industries's Current Ratio falls into.



Winnebago Industries Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Winnebago Industries's Current Ratio for the fiscal year that ended in Aug. 2020

Current Ratio (A: Aug. 2020 )=Total Current Assets (A: Aug. 2020 )/Total Current Liabilities (A: Aug. 2020 )
=713.61/300.39
=2.38

Winnebago Industries's Current Ratio for the quarter that ended in Feb. 2021 is calculated as

Current Ratio (Q: Feb. 2021 )=Total Current Assets (Q: Feb. 2021 )/Total Current Liabilities (Q: Feb. 2021 )
=864.978/321.003
=2.69

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Winnebago Industries  (NYSE:WGO) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Winnebago Industries Current Ratio Related Terms


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