Workhorse Group Stock Working Capital

WKHS Stock

USD 2.20 0.14 6.80%

Workhorse Group fundamentals help investors to digest information that contributes to Workhorse's financial success or failures. It also enables traders to predict the movement of Workhorse Stock. The fundamental analysis module provides a way to measure Workhorse's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Workhorse stock.

	Last Reported	Projected for Next Year
Net Working Capital	46.6 M	86.9 M
Change In Working Capital	-38.9 M	-37 M

Net Working Capital is likely to gain to about 86.9 M in 2025, despite the fact that Change In Working Capital is likely to grow to (37 M).

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Workhorse Group Company Working Capital Analysis

Workhorse's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Workhorse Working Capital

40.54 M

Most of Workhorse's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Workhorse Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Workhorse Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Workhorse is extremely important. It helps to project a fair market value of Workhorse Stock properly, considering its historical fundamentals such as Working Capital. Since Workhorse's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Workhorse's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Workhorse's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Current Deferred Revenue	Net Debt	Short Term Investments	Short Term Debt	Common Stock	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Capital Surpluse	Accumulated Depreciation	Property Plant Equipment	Short Long Term Debt	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock	Deferred Long Term Liab
Total Assets		0.98	-0.3	0.32	0.21	0.95	0.93	0.87	0.31	0.16	0.04	0.31	0.98	0.95	0.62	0.54	-0.29	0.4	0.24	0.88	0.98	0.93	0.32	-0.03
Total Stockholder Equity	0.98		-0.35	0.4	0.23	0.87	0.96	0.92	0.23	0.17	0.03	0.39	0.99	0.92	0.61	0.61	-0.25	0.44	0.26	0.83	0.99	0.97	0.4	-0.14
Retained Earnings	-0.3	-0.35		-0.94	-0.67	-0.26	-0.53	-0.46	0.38	-0.35	-0.65	-0.88	-0.37	-0.1	-0.84	-0.95	0.35	-0.93	-0.92	0.13	-0.26	-0.33	-0.91	0.53
Accounts Payable	0.32	0.4	-0.94		0.62	0.27	0.52	0.46	-0.21	0.45	0.66	0.91	0.41	0.18	0.78	0.94	-0.37	0.96	0.81	-0.04	0.32	0.35	0.95	-0.69
Net Receivables	0.21	0.23	-0.67	0.62		0.2	0.34	0.12	-0.28	0.19	0.24	0.49	0.23	0.07	0.51	0.63	-0.23	0.71	0.57	-0.06	0.14	0.17	0.51	-0.25
Total Liab	0.95	0.87	-0.26	0.27	0.2		0.84	0.73	0.44	0.2	0.15	0.27	0.88	0.95	0.65	0.48	-0.35	0.39	0.27	0.89	0.91	0.8	0.27	-0.03
Total Current Assets	0.93	0.96	-0.53	0.52	0.34	0.84		0.96	-0.01	0.23	0.15	0.48	0.95	0.81	0.77	0.74	-0.34	0.56	0.49	0.68	0.92	0.96	0.5	-0.2
Current Deferred Revenue	0.87	0.92	-0.46	0.46	0.12	0.73	0.96		-0.08	0.2	0.09	0.45	0.91	0.74	0.68	0.68	-0.27	0.44	0.42	0.61	0.87	0.96	0.45	-0.18
Net Debt	0.31	0.23	0.38	-0.21	-0.28	0.44	-0.01	-0.08		-0.01	0.1	-0.09	0.22	0.56	-0.11	-0.23	0.04	-0.09	-0.4	0.65	0.36	0.06	-0.1	-0.04
Short Term Investments	0.16	0.17	-0.35	0.45	0.19	0.2	0.23	0.2	-0.01		0.34	0.45	0.17	0.14	0.36	0.36	-0.52	0.43	0.34	0.04	0.16	0.16	0.35	-0.32
Short Term Debt	0.04	0.03	-0.65	0.66	0.24	0.15	0.15	0.09	0.1	0.34		0.72	0.05	0.02	0.63	0.59	-0.26	0.71	0.73	-0.15	0.05	-0.03	0.78	-0.68
Common Stock	0.31	0.39	-0.88	0.91	0.49	0.27	0.48	0.45	-0.09	0.45	0.72		0.4	0.21	0.78	0.88	-0.32	0.91	0.79	-0.01	0.33	0.34	0.96	-0.73
Net Tangible Assets	0.98	0.99	-0.37	0.41	0.23	0.88	0.95	0.91	0.22	0.17	0.05	0.4		0.91	0.61	0.61	-0.26	0.45	0.26	0.82	0.97	0.95	0.4	-0.09
Long Term Debt	0.95	0.92	-0.1	0.18	0.07	0.95	0.81	0.74	0.56	0.14	0.02	0.21	0.91		0.49	0.37	-0.24	0.28	0.06	0.97	0.96	0.84	0.21	-0.06
Long Term Debt Total	0.62	0.61	-0.84	0.78	0.51	0.65	0.77	0.68	-0.11	0.36	0.63	0.78	0.61	0.49		0.91	-0.41	0.85	0.9	0.28	0.58	0.6	0.8	-0.5
Capital Surpluse	0.54	0.61	-0.95	0.94	0.63	0.48	0.74	0.68	-0.23	0.36	0.59	0.88	0.61	0.37	0.91		-0.35	0.94	0.86	0.15	0.53	0.59	0.92	-0.59
Accumulated Depreciation	-0.29	-0.25	0.35	-0.37	-0.23	-0.35	-0.34	-0.27	0.04	-0.52	-0.26	-0.32	-0.26	-0.24	-0.41	-0.35		-0.44	-0.33	-0.15	-0.24	-0.25	-0.23	0.07
Property Plant Equipment	0.4	0.44	-0.93	0.96	0.71	0.39	0.56	0.44	-0.09	0.43	0.71	0.91	0.45	0.28	0.85	0.94	-0.44		0.84	0.06	0.38	0.38	0.94	-0.66
Short Long Term Debt	0.24	0.26	-0.92	0.81	0.57	0.27	0.49	0.42	-0.4	0.34	0.73	0.79	0.26	0.06	0.9	0.86	-0.33	0.84		-0.17	0.19	0.28	0.82	-0.55
Long Term Investments	0.88	0.83	0.13	-0.04	-0.06	0.89	0.68	0.61	0.65	0.04	-0.15	-0.01	0.82	0.97	0.28	0.15	-0.15	0.06	-0.17		0.9	0.75	-0.02	0.1
Net Invested Capital	0.98	0.99	-0.26	0.32	0.14	0.91	0.92	0.87	0.36	0.16	0.05	0.33	0.97	0.96	0.58	0.53	-0.24	0.38	0.19	0.9		0.95	0.34	-0.15
Net Working Capital	0.93	0.97	-0.33	0.35	0.17	0.8	0.96	0.96	0.06	0.16	-0.03	0.34	0.95	0.84	0.6	0.59	-0.25	0.38	0.28	0.75	0.95		0.34	-0.13
Capital Stock	0.32	0.4	-0.91	0.95	0.51	0.27	0.5	0.45	-0.1	0.35	0.78	0.96	0.4	0.21	0.8	0.92	-0.23	0.94	0.82	-0.02	0.34	0.34		-0.76
Deferred Long Term Liab	-0.03	-0.14	0.53	-0.69	-0.25	-0.03	-0.2	-0.18	-0.04	-0.32	-0.68	-0.73	-0.09	-0.06	-0.5	-0.59	0.07	-0.66	-0.55	0.1	-0.15	-0.13	-0.76

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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Competition

Predict Workhorse

Working Capital Over Time

Workhorse Capital Surpluse

Capital Surpluse

888.8 Million

At this time, Workhorse's Capital Surpluse is comparatively stable compared to the past year.

As per the company's disclosures, Workhorse Group has a Working Capital of 40.54 M. This is 99.32% lower than that of the Automobile Components sector and 99.98% lower than that of the Consumer Discretionary industry. The working capital for all United States stocks is 97.26% higher than that of the company.

Workhorse Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Workhorse's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Workhorse could also be used in its relative valuation, which is a method of valuing Workhorse by comparing valuation metrics of similar companies.

Workhorse is currently under evaluation in working capital category among its peers.

Workhorse ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Workhorse's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Workhorse's managers, analysts, and investors.

Environmental

Governance

Social

Workhorse Fundamentals

	Return On Equity	-1.57
	Return On Asset	-0.47
	Operating Margin	(5.65) %
	Current Valuation	24.35 M
	Shares Outstanding	3.28 M
	Shares Owned By Insiders	1.73 %
	Shares Owned By Institutions	4.81 %
	Number Of Shares Shorted	8.41 M
	Price To Earning	2.99 X
	Price To Book	0.14 X
	Price To Sales	0.74 X
	Revenue	13.09 M
	Gross Profit	(30.33 M)
	EBITDA	(111.24 M)
	Net Income	(123.92 M)
	Cash And Equivalents	140.06 M
	Cash Per Share	0.86 X
	Total Debt	29.02 M
	Debt To Equity	0.06 %
	Current Ratio	9.30 X
	Book Value Per Share	18.54 X
	Cash Flow From Operations	(123.02 M)
	Short Ratio	4.12 X
	Earnings Per Share	(97.13) X
	Target Price	12.5
	Number Of Employees	298
	Beta	2.79
	Market Capitalization	6.75 M
	Total Asset	141.67 M
	Retained Earnings	(751.57 M)
	Working Capital	40.54 M
	Current Asset	10.91 M
	Current Liabilities	18.42 M
	Net Asset	141.67 M

About Workhorse Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Workhorse Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Workhorse using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Workhorse Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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