Workhorse Group Inc.

Workhorse Group Inc.verified

WKHS

Price:

$0.579

Market Cap:

$14.11M

Workhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. It also provides Metron, an air delivery application that tracks the performance of various the vehicles deployed. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.[Read more]

Industry

Auto - Manufacturers

IPO Date

2010-06-02

Stock Exchange

NASDAQ

Ticker

WKHS

The Current Ratio as of September 2024 (TTM) for Workhorse Group Inc. (WKHS) is 1.43

According to Workhorse Group Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.43. This represents a change of -33.28% compared to the average of 2.14 of the last 4 quarters.

Workhorse Group Inc. (WKHS) Historical Current Ratio (quarterly & annually)

How has WKHS Current Ratio performed in the past?

The mean historical Current Ratio of Workhorse Group Inc. over the last ten years is 3.27. The current 1.43 Current Ratio has changed 4.26% with respect to the historical average. Over the past ten years (40 quarters), WKHS's Current Ratio was at its highest in in the March 2021 quarter at 26.63. The Current Ratio was at its lowest in in the June 2015 quarter at 0.09.

Quarterly (TTM)
Annual

Average

3.27

Median

1.17

Minimum

0.28

Maximum

16.51

Workhorse Group Inc. (WKHS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Workhorse Group Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.85%

Maximum Annual Current Ratio = 16.51

Minimum Annual Increase = -76.63%

Minimum Annual Current Ratio = 0.28

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.76-20.00%
20222.20-71.95%
20217.85-52.46%
202016.511.85%
20190.85151.12%
20180.34-76.63%
20171.4459.42%
20160.9052.67%
20150.59112.59%
20140.28180.12%

Workhorse Group Inc. (WKHS) Average Current Ratio

How has WKHS Current Ratio performed in the past?

The current Current Ratio of Workhorse Group Inc. (WKHS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.94

5-year avg

5.83

10-year avg

3.27

Workhorse Group Inc. (WKHS) Current Ratio vs. Peers

How is WKHS’s Current Ratio compared to its peers?

Workhorse Group Inc.’s Current Ratio is less than Lordstown Motors Corp. (0), less than Arrival (36.94), less than Fisker Inc. (12.47), less than Faraday Future Intelligent Electric Inc. (1.82), greater than Mullen Automotive, Inc. (0.26), greater than XPeng Inc. (0.53), less than NIO Inc. (1.50), greater than Lucid Group, Inc. (1.11), less than BYD Company Limited (3.96), greater than Rivian Automotive, Inc. (0.66), less than Polestar Automotive Holding UK PLC (5.25), greater than Canoo Inc. (-0.61), greater than Ayro, Inc. (0.17), less than null (6.42),

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