Workhorse Capex To Revenue from 2010 to 2024

WKHS Stock  USD 0.16  0.01  5.88%   
Workhorse Capex To Revenue yearly trend continues to be comparatively stable with very little volatility. Capex To Revenue will likely drop to -1.5 in 2024. Capex To Revenue is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. View All Fundamentals
 
Capex To Revenue  
First Reported
2010-12-31
Previous Quarter
(1.43)
Current Value
(1.50)
Quarterly Volatility
2.57356845
 
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 main balance sheet or income statement drivers, such as Interest Expense of 9.2 M, Selling General Administrative of 57.1 M or Other Operating Expenses of 124.3 M, as well as many exotic indicators such as Price To Sales Ratio of 5.41, Dividend Yield of 0.0 or PTB Ratio of 0.85. Workhorse financial statements analysis is a perfect complement when working with Workhorse Valuation or Volatility modules.
  
This module can also supplement Workhorse's financial leverage analysis and stock options assessment as well as various Workhorse Technical models . Check out the analysis of Workhorse Correlation against competitors.

Latest Workhorse's Capex To Revenue Growth Pattern

Below is the plot of the Capex To Revenue of Workhorse Group over the last few years. It is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. Workhorse's Capex To Revenue 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.
Capex To Revenue10 Years Trend
Pretty Stable
   Capex To Revenue   
       Timeline  

Workhorse Capex To Revenue Regression Statistics

Arithmetic Mean(0.77)
Geometric Mean0.31
Coefficient Of Variation(333.86)
Mean Deviation1.61
Median(0.30)
Standard Deviation2.57
Sample Variance6.62
Range11.5637
R-Value(0.16)
Mean Square Error6.95
R-Squared0.03
Significance0.57
Slope(0.09)
Total Sum of Squares92.73

Workhorse Capex To Revenue History

2024 -1.5
2023 -1.43
2022 -3.48
2021 6.24
2020 -4.11
2019 -5.33
2018 -0.0304

About Workhorse Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Workhorse income statement, its balance sheet, and the statement of cash flows. Workhorse investors use historical funamental indicators, such as Workhorse's Capex To Revenue, to determine how well the company is positioned to perform in the future. Although Workhorse investors may use each financial statement separately, they are all related. The changes in Workhorse's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Workhorse's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Workhorse Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Workhorse. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capex To Revenue(1.43)(1.50)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Workhorse in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Workhorse's short interest history, or implied volatility extrapolated from Workhorse options trading.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Workhorse Group is a strong investment it is important to analyze Workhorse's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Workhorse's future performance. For an informed investment choice regarding Workhorse Stock, refer to the following important reports:
Check out the analysis of Workhorse Correlation against competitors.
Note that the Workhorse Group information on this page should be used as a complementary analysis to other Workhorse's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is Workhorse's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Workhorse. If investors know Workhorse will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Workhorse listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
190.435
Earnings Share
(0.60)
Revenue Per Share
0.063
Quarterly Revenue Growth
0.278
Return On Assets
(0.40)
The market value of Workhorse Group is measured differently than its book value, which is the value of Workhorse that is recorded on the company's balance sheet. Investors also form their own opinion of Workhorse's value that differs from its market value or its book value, called intrinsic value, which is Workhorse's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Workhorse's market value can be influenced by many factors that don't directly affect Workhorse's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Workhorse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workhorse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workhorse's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.