Workhorse Fixed Asset Turnover from 2010 to 2024

WKHS Stock  USD 1.08  0.01  0.93%   
Workhorse Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 0.26 in 2024. From the period from 2010 to 2024, Workhorse Fixed Asset Turnover quarterly data regression had mean square error of  0.47 and mean deviation of  0.67. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.27467895
Current Value
0.26
Quarterly Volatility
0.7891784
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Workhorse financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Workhorse's main balance sheet or income statement drivers, such as Interest Expense of 9.2 M, Selling General Administrative of 56.1 M or Other Operating Expenses of 124.3 M, as well as many indicators such as Price To Sales Ratio of 5.41, Dividend Yield of 767 or PTB Ratio of 0.85. Workhorse financial statements analysis is a perfect complement when working with Workhorse Valuation or Volatility modules.
  
Check out the analysis of Workhorse Correlation against competitors.

Latest Workhorse's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Workhorse Group over the last few years. It is Workhorse's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Workhorse's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Workhorse Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.61
Coefficient Of Variation130.33
Mean Deviation0.67
Median0.15
Standard Deviation0.79
Sample Variance0.62
Range2.2354
R-Value(0.54)
Mean Square Error0.47
R-Squared0.30
Significance0.04
Slope(0.1)
Total Sum of Squares8.72

Workhorse Fixed Asset Turnover History

2024 0.26
2023 0.27
2021 -0.0903
2020 0.12
2019 0.0551
2018 0.15
2017 1.94

About Workhorse Financial Statements

Workhorse shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Workhorse investors may analyze each financial statement separately, they are all interrelated. The changes in Workhorse's assets and liabilities, for example, are also reflected in the revenues and expenses on on Workhorse's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.27  0.26 

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Additional Tools for Workhorse Stock Analysis

When running Workhorse's price analysis, check to measure Workhorse's 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 Workhorse is operating at the current time. Most of Workhorse's value examination focuses on studying past and present price action to predict the probability of Workhorse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workhorse's price. Additionally, you may evaluate how the addition of Workhorse to your portfolios can decrease your overall portfolio volatility.