Workhorse Non Recurring from 2010 to 2024

WKHS Stock  USD 0.16  0.01  5.88%   
Workhorse Non Recurring yearly trend continues to be comparatively stable with very little volatility. Non Recurring is likely to outpace its year average in 2024. From the period from 2010 to 2024, Workhorse Non Recurring quarterly data regression had r-value of (0.76) and coefficient of variation of  14.96. View All Fundamentals
 
Non Recurring  
First Reported
2011-06-30
Previous Quarter
0.0
Current Value
0.0
Quarterly Volatility
62.9 K
 
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 Non Recurring Growth Pattern

Below is the plot of the Non Recurring of Workhorse Group over the last few years. It is Workhorse's Non Recurring 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.
Non Recurring10 Years Trend
Slightly volatile
   Non Recurring   
       Timeline  

Workhorse Non Recurring Regression Statistics

Arithmetic Mean743,625
Geometric Mean736,708
Coefficient Of Variation14.96
Mean Deviation84,640
Median699,700
Standard Deviation111,245
Sample Variance12.4B
Range325.5K
R-Value(0.76)
Mean Square Error5.7B
R-Squared0.58
Significance0
Slope(18,869)
Total Sum of Squares173.3B

Workhorse Non Recurring History

2024662 K
2023629.7 K
2013699.7 K

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 Non Recurring, 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
Non Recurring629.7 K662 K

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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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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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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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.