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 - Q3 2024 - Nov 19, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 149 % -36.1%
Quick Ratio 99.5 % +98.9%
Debt-to-equity 80.3 % +37.2%
Return On Equity -196 % -81.4%
Return On Assets -109 % -59.5%
Operating Margin -1.03K % -14%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 41M shares
Common Stock, Shares, Outstanding 31.9M shares -87.5%
Entity Public Float 173M USD -56.6%
Common Stock, Value, Issued 31.9K USD -87.5%
Weighted Average Number of Shares Outstanding, Basic 25.6M shares +137%
Weighted Average Number of Shares Outstanding, Diluted 25.6M shares +137%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 9.1M USD -25%
Cost of Revenue 39.4M USD -5.06%
Research and Development Expense 14.2M USD -45.4%
Operating Income (Loss) -93.6M USD +14.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -126M USD -7.38%
Income Tax Expense (Benefit) -111K USD
Net Income (Loss) Attributable to Parent -126M USD -7.29%
Earnings Per Share, Basic 2.31 USD/shares +65.5%
Earnings Per Share, Diluted 2.31 USD/shares +65.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.24M USD -91.7%
Accounts Receivable, after Allowance for Credit Loss, Current 683K USD -90.8%
Inventory, Net 43.2M USD +5.89%
Other Assets, Current 1.61M USD +163%
Assets, Current 57.5M USD -41.2%
Property, Plant and Equipment, Net 34.8M USD -7.05%
Operating Lease, Right-of-Use Asset 3.47M USD -33.4%
Other Assets, Noncurrent 176K USD 0%
Assets 101M USD -30.7%
Accounts Payable, Current 10.6M USD -11.4%
Employee-related Liabilities, Current 3.94M USD +38%
Accrued Liabilities, Current 8.38M USD +43.1%
Contract with Customer, Liability, Current 6.35M USD +34.1%
Liabilities, Current 49.6M USD +91.7%
Contract with Customer, Liability, Noncurrent 0 USD -100%
Operating Lease, Liability, Noncurrent 4.56M USD
Liabilities 54.2M USD +61.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD
Retained Earnings (Accumulated Deficit) -832M USD -17.8%
Stockholders' Equity Attributable to Parent 47.3M USD -58.1%
Liabilities and Equity 101M USD -30.7%

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 0%
Common Stock, Shares, Issued 31.9M shares -87.5%
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 3.24M USD -91.7%
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 1M USD
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 879M USD +7.4%
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 11.3M USD -14%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%