Workhorse Long Term Investments vs Short Term Investments Analysis

WKHS Stock

USD 0.43 0.02 4.44%

Workhorse financial indicator trend analysis is more than just analyzing Workhorse Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Workhorse Group is a good investment. Please check the relationship between Workhorse Long Term Investments and its Short Term Investments accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workhorse Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Long Term Investments vs Short Term Investments

Long Term Investments vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Workhorse Group Long Term Investments account and Short Term Investments. At this time, the significance of the direction appears to have no relationship.

The correlation between Workhorse's Long Term Investments and Short Term Investments is 0.04. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Workhorse Group, assuming nothing else is changed. The correlation between historical values of Workhorse's Long Term Investments and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Workhorse Group are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Long Term Investments i.e., Workhorse's Long Term Investments and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.04

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Investments

Long Term Investments is an item on the asset side of Workhorse balance sheet that represents investments Workhorse Group intends to hold for over a year. Workhorse Group long term investments may include different instruments such as stocks, bonds, real estate and cash.

Short Term Investments

Short Term Investments is an item under the current assets section of Workhorse balance sheet. It contains any investments Workhorse Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Workhorse Group can easily liquidate in the marketplace.

Most indicators from Workhorse's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Workhorse Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workhorse Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

At this time, Workhorse's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 79 M in 2025, despite the fact that Tax Provision is likely to grow to (94.5 K).

Workhorse fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Current Deferred Revenue	Net Debt	Cash	Cash And Short Term Investments	Short Term Investments	Other Current Assets	Short Term Debt	Property Plant And Equipment Net	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock
Total Assets		0.38	0.28	0.98	-0.3	0.32	0.94	0.14	0.21	0.61	0.9	0.5	0.95	0.93	0.91	0.87	0.31	0.47	0.47	0.16	0.92	0.04	0.25	0.44	0.25	0.31
Other Current Liab	0.38		0.82	0.34	-0.71	0.56	0.19	0.12	0.78	0.32	0.13	0.66	0.45	0.54	0.21	0.38	-0.35	0.6	0.6	0.23	0.12	0.32	0.54	0.6	0.54	0.47
Total Current Liabilities	0.28	0.82		0.28	-0.9	0.84	0.13	-0.03	0.7	0.09	0.0	0.87	0.36	0.47	0.16	0.33	-0.2	0.38	0.38	0.4	0.05	0.78	0.88	0.75	0.88	0.8
Total Stockholder Equity	0.98	0.34	0.28		-0.35	0.4	0.89	0.22	0.23	0.58	0.83	0.57	0.87	0.96	0.84	0.92	0.23	0.52	0.52	0.17	0.88	0.03	0.31	0.51	0.31	0.39
Retained Earnings	-0.3	-0.71	-0.9	-0.35		-0.94	-0.08	-0.2	-0.67	-0.11	0.09	-0.95	-0.26	-0.53	-0.05	-0.46	0.38	-0.52	-0.52	-0.35	0.0	-0.65	-0.91	-0.83	-0.92	-0.88
Accounts Payable	0.32	0.56	0.84	0.4	-0.94		0.16	0.09	0.62	0.03	-0.04	0.96	0.27	0.52	0.1	0.46	-0.21	0.38	0.38	0.45	0.09	0.66	0.95	0.82	0.96	0.91
Non Current Assets Total	0.94	0.19	0.13	0.89	-0.08	0.16		-0.15	0.08	0.45	0.96	0.31	0.94	0.77	0.96	0.68	0.61	0.15	0.15	0.12	1.0	0.01	0.15	0.28	0.13	0.19
Non Currrent Assets Other	0.14	0.12	-0.03	0.22	-0.2	0.09	-0.15		-0.16	0.66	-0.05	0.19	-0.04	0.38	-0.08	0.56	-0.73	0.83	0.83	0.13	-0.14	-0.2	-0.12	0.2	-0.07	0.05
Net Receivables	0.21	0.78	0.7	0.23	-0.67	0.62	0.08	-0.16		-0.22	-0.08	0.61	0.2	0.34	-0.04	0.12	-0.28	0.33	0.33	0.19	0.01	0.24	0.62	0.56	0.61	0.49
Common Stock Shares Outstanding	0.61	0.32	0.09	0.58	-0.11	0.03	0.45	0.66	-0.22		0.58	0.21	0.59	0.68	0.58	0.76	-0.16	0.7	0.7	0.12	0.45	-0.14	-0.13	0.17	-0.12	0.0
Non Current Liabilities Total	0.9	0.13	0.0	0.83	0.09	-0.04	0.96	-0.05	-0.08	0.58		0.14	0.92	0.72	0.98	0.66	0.58	0.18	0.18	0.08	0.97	-0.1	-0.06	0.12	-0.08	0.0
Other Stockholder Equity	0.5	0.66	0.87	0.57	-0.95	0.96	0.31	0.19	0.61	0.21	0.14		0.44	0.7	0.28	0.64	-0.21	0.53	0.53	0.38	0.25	0.64	0.92	0.87	0.93	0.91
Total Liab	0.95	0.45	0.36	0.87	-0.26	0.27	0.94	-0.04	0.2	0.59	0.92	0.44		0.84	0.96	0.73	0.44	0.33	0.33	0.2	0.91	0.15	0.25	0.38	0.23	0.27
Total Current Assets	0.93	0.54	0.47	0.96	-0.53	0.52	0.77	0.38	0.34	0.68	0.72	0.7	0.84		0.75	0.96	-0.01	0.72	0.72	0.23	0.74	0.15	0.41	0.62	0.42	0.48
Short Long Term Debt Total	0.91	0.21	0.16	0.84	-0.05	0.1	0.96	-0.08	-0.04	0.58	0.98	0.28	0.96	0.75		0.69	0.59	0.19	0.19	0.14	0.96	0.1	0.1	0.23	0.08	0.15
Current Deferred Revenue	0.87	0.38	0.33	0.92	-0.46	0.46	0.68	0.56	0.12	0.76	0.66	0.64	0.73	0.96	0.69		-0.08	0.75	0.75	0.2	0.67	0.09	0.32	0.57	0.34	0.45
Net Debt	0.31	-0.35	-0.2	0.23	0.38	-0.21	0.61	-0.73	-0.28	-0.16	0.58	-0.21	0.44	-0.01	0.59	-0.08		-0.68	-0.68	-0.01	0.63	0.1	-0.06	-0.2	-0.1	-0.09
Cash	0.47	0.6	0.38	0.52	-0.52	0.38	0.15	0.83	0.33	0.7	0.18	0.53	0.33	0.72	0.19	0.75	-0.68		1.0	0.14	0.12	-0.05	0.19	0.48	0.23	0.28
Cash And Short Term Investments	0.47	0.6	0.38	0.52	-0.52	0.38	0.15	0.83	0.33	0.7	0.18	0.53	0.33	0.72	0.19	0.75	-0.68	1.0		0.14	0.12	-0.05	0.19	0.48	0.23	0.28
Short Term Investments	0.16	0.23	0.4	0.17	-0.35	0.45	0.12	0.13	0.19	0.12	0.08	0.38	0.2	0.23	0.14	0.2	-0.01	0.14	0.14		0.09	0.34	0.38	0.5	0.37	0.45
Other Current Assets	0.92	0.12	0.05	0.88	0.0	0.09	1.0	-0.14	0.01	0.45	0.97	0.25	0.91	0.74	0.96	0.67	0.63	0.12	0.12	0.09		-0.04	0.08	0.21	0.06	0.12
Short Term Debt	0.04	0.32	0.78	0.03	-0.65	0.66	0.01	-0.2	0.24	-0.14	-0.1	0.64	0.15	0.15	0.1	0.09	0.1	-0.05	-0.05	0.34	-0.04		0.79	0.51	0.78	0.72
Property Plant And Equipment Net	0.25	0.54	0.88	0.31	-0.91	0.95	0.15	-0.12	0.62	-0.13	-0.06	0.92	0.25	0.41	0.1	0.32	-0.06	0.19	0.19	0.38	0.08	0.79		0.81	1.0	0.94
Common Stock Total Equity	0.44	0.6	0.75	0.51	-0.83	0.82	0.28	0.2	0.56	0.17	0.12	0.87	0.38	0.62	0.23	0.57	-0.2	0.48	0.48	0.5	0.21	0.51	0.81		0.82	0.93
Property Plant And Equipment Gross	0.25	0.54	0.88	0.31	-0.92	0.96	0.13	-0.07	0.61	-0.12	-0.08	0.93	0.23	0.42	0.08	0.34	-0.1	0.23	0.23	0.37	0.06	0.78	1.0	0.82		0.95
Common Stock	0.31	0.47	0.8	0.39	-0.88	0.91	0.19	0.05	0.49	0.0	0.0	0.91	0.27	0.48	0.15	0.45	-0.09	0.28	0.28	0.45	0.12	0.72	0.94	0.93	0.95

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Workhorse Account Relationship Matchups

Workhorse fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	632.5M	228.1M	182.7M	141.7M	162.9M	84.1M
Other Current Liab	11.4M	19.3M	47.1M	14.5M	16.6M	17.5M
Total Current Liabilities	17.6M	27.6M	63.3M	53.3M	61.3M	64.3M
Total Stockholder Equity	395.2M	174.7M	108.6M	83.1M	95.6M	100.4M
Retained Earnings	(109.0M)	(510.4M)	(627.6M)	(751.6M)	(676.4M)	(642.6M)
Accounts Payable	4.8M	7.8M	10.2M	12.5M	14.3M	15.0M
Non Current Assets Total	342.0M	11.9M	43.4M	47.8M	55.0M	34.0M
Non Currrent Assets Other	129.2K	94.7K	2.5M	176.3K	202.8K	192.6K
Net Receivables	1.0M	149.8K	17.1M	4.5M	5.1M	5.4M
Common Stock Shares Outstanding	92.9M	128.7M	7.9M	10.4M	11.9M	11.3M
Liabilities And Stockholders Equity	632.5M	228.1M	182.7M	141.7M	162.9M	84.1M
Non Current Liabilities Total	219.7M	25.9M	10.8M	5.3M	6.1M	5.8M
Other Stockholder Equity	504.1M	686.3M	736.1M	834.4M	959.6M	1.0B
Total Liab	237.3M	53.4M	74.2M	58.6M	67.3M	38.4M
Total Current Assets	290.5M	216.2M	139.4M	93.8M	107.9M	113.3M
Short Long Term Debt Total	199.1M	26.3M	10.1M	29.0M	33.4M	25.1M
Net Debt	152.3M	(175.4M)	(89.2M)	3.2M	2.9M	3.0M
Cash	46.8M	201.6M	99.3M	25.8M	29.7M	28.3M
Cash And Short Term Investments	46.8M	201.6M	99.3M	25.8M	29.7M	28.3M
Other Current Assets	227.2M	4.4M	14.2M	18.1M	20.8M	19.0M
Short Term Debt	1.4M	363.7K	2.6M	23.7M	27.3M	28.7M
Property Plant And Equipment Net	11.4M	9.4M	33.2M	47.7M	54.8M	57.6M
Common Stock Total Equity	67.1K	121.9K	151.9K	165.6K	190.4K	200.0K
Property Plant And Equipment Gross	11.4M	14.8M	38.6M	56.8M	65.4M	68.6M
Accumulated Other Comprehensive Income	(2.4M)	(2.6M)	0.0	(1.4M)	(1.3M)	(1.3M)
Common Stock	121.9K	151.9K	165.6K	286.0K	328.9K	345.3K
Inventory	15.5M	10.1M	8.9M	45.4M	52.2M	54.8M
Net Tangible Assets	(34.9M)	395.2M	174.7M	108.6M	124.9M	62.6M
Long Term Debt	8.3M	19.4M	197.7M	24.7M	28.4M	32.2M
Retained Earnings Total Equity	(178.8M)	(109.0M)	(510.4M)	(627.6M)	(564.9M)	(536.6M)
Capital Surpluse	143.8M	504.1M	686.3M	736.1M	846.5M	888.8M
Property Plant Equipment	6.8M	11.4M	9.4M	21.5M	24.7M	26.0M
Short Long Term Debt	1.3M	19.6M	1.4M	20.2M	23.2M	24.4M
Other Assets	330.7M	2.5M	176.3K	1.0	1.15	1.09
Net Invested Capital	594.3M	199.4M	108.6M	103.3M	118.8M	159.0M

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