Workhorse Group Inc. financial data

Symbol
WKHS on Nasdaq
Industry
Motor Vehicles & Passenger Car Bodies
Location
100 Commerce Drive, Loveland, OH
State of incorporation
NV
Fiscal year end
December 31
Former names
AMP Holding Inc. (to 4/8/2015), Title Starts Online, Inc. (to 5/25/2010)
Latest financial report
10-Q - Q2 2024 - Aug 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 195 % -13.9%
Quick Ratio 113 % +261%
Debt-to-equity 57.6 % -10.6%
Return On Equity -163 % -51.1%
Return On Assets -104 % -57.6%
Operating Margin -1.04K % +18.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 24.4M shares -88.4%
Common Stock, Shares, Outstanding 20.7M shares -89.9%
Entity Public Float 173M USD -56.6%
Common Stock, Value, Issued 20.7K USD -89.9%
Weighted Average Number of Shares Outstanding, Basic 18.9M shares +103%
Weighted Average Number of Shares Outstanding, Diluted 18.9M shares +103%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 9.62M USD -9.76%
Cost of Revenue 39.3M USD -11.6%
Research and Development Expense 17.7M USD -33.1%
Operating Income (Loss) -100M USD +26.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -131M USD -7.71%
Income Tax Expense (Benefit) -111K USD
Net Income (Loss) Attributable to Parent -131M USD -7.62%
Earnings Per Share, Basic 0.45 USD/shares +41.7%
Earnings Per Share, Diluted 0.45 USD/shares +41.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 5.31M USD -91.5%
Accounts Receivable, after Allowance for Credit Loss, Current 761K USD -73.2%
Inventory, Net 46.5M USD +34.3%
Other Assets, Current 1.56M USD +88.7%
Assets, Current 59.5M USD -52.1%
Property, Plant and Equipment, Net 36.5M USD +16.6%
Operating Lease, Right-of-Use Asset 3.71M USD -31.8%
Other Assets, Noncurrent 176K USD 0%
Assets 105M USD -40.4%
Accounts Payable, Current 10.5M USD +2.67%
Employee-related Liabilities, Current 3.03M USD -3.49%
Accrued Liabilities, Current 6.34M USD -85.3%
Contract with Customer, Liability, Current 6.95M USD +395%
Liabilities, Current 41.7M USD -28.2%
Contract with Customer, Liability, Noncurrent 0 USD -100%
Operating Lease, Liability, Noncurrent 5.28M USD -16.1%
Liabilities 46.7M USD -32.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD
Retained Earnings (Accumulated Deficit) -807M USD -19.4%
Stockholders' Equity Attributable to Parent 58.6M USD -45.4%
Liabilities and Equity 105M USD -40.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -18M USD +45.1%
Net Cash Provided by (Used in) Financing Activities -8.13M USD -145%
Net Cash Provided by (Used in) Investing Activities -3.03M USD +44%
Common Stock, Shares Authorized 450M shares +80%
Common Stock, Shares, Issued 20.7M shares -89.9%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -29.1M USD -44.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.31M USD -91.5%
Deferred Tax Assets, Valuation Allowance 119M USD +24.3%
Deferred Tax Assets, Gross 119M USD +24.3%
Operating Lease, Liability 5.82M USD -13.2%
Payments to Acquire Property, Plant, and Equipment 3.03M USD -44%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -35.4M USD +56.4%
Lessee, Operating Lease, Liability, to be Paid 8.17M USD -14.2%
Property, Plant and Equipment, Gross 47M USD +74.6%
Operating Lease, Liability, Current 1.01M USD +47.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.46M USD -8.24%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.59M USD +17.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.87M USD -26.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.5M USD +3.04%
Deferred Tax Assets, Operating Loss Carryforwards 104M USD +56.6%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 75M shares 0%
Unrecognized Tax Benefits 805K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.32M USD -12.4%
Operating Lease, Payments 297K USD
Additional Paid in Capital 866M USD +10.6%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 1.96M USD +206%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 12.9M USD +2.12%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%