Debt / assets moved 1307 bp higher
Debt / assets changed +1307 basis points from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
31.49%→44.56%4 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →WNC financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Net debt increased 44.2%
Net debt changed +44.2% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$333.3M→$480.7M4 prior comparisons
Current liabilities decreased 18.3%
Current liabilities changed -18.3% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
$447.2M→$365.5M4 prior comparisons
Operating margin moved 1931 bp lower
Operating margin changed -1931 basis points from the comparable as-filed period.
15.11%→-4.20%2 prior comparisons
Revenue increased 24.8%
Revenue changed +24.8% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$381.6M→$476.4M2 prior comparisons
Cost of revenue increased 26.1%
Cost of revenue changed +26.1% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$365.9M→$461.5M2 prior comparisons
Free-cash-flow proxy changed across a sign change
Free-cash-flow proxy changed -151.0% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
$79.9M→-$40.8M2 prior comparisons
Reported total debt increased 29.4%
Reported total debt changed +29.4% from the comparable as-filed period.
$425.0M→$550.0M1 prior comparisons
Inventory / revenue moved 1652 bp lower
Inventory / revenue changed -1652 basis points from the comparable as-filed period.
57.52%→41.00%2 prior comparisons
Operating cash flow changed across a sign change
Operating cash flow changed -143.8% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
$85.2M→-$37.3M2 prior comparisons
Method Importance combines metric-family relevance, magnitude, issuer-history unusualness, persistence, and financial-statement significance. It is analytical prioritization, not a legal materiality conclusion or investment signal.