Workhorse Net Working Capital from 2010 to 2024

WKHS Stock  USD 1.25  0.07  5.93%   
Workhorse Net Working Capital yearly trend continues to be comparatively stable with very little volatility. Net Working Capital will likely drop to about 38.5 M in 2024. From the period from 2010 to 2024, Workhorse Net Working Capital quarterly data regression had r-value of  0.45 and coefficient of variation of  200.60. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
40.5 M
Current Value
38.5 M
Quarterly Volatility
82.1 M
 
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's 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 indicators such as Price To Sales Ratio of 5.41, Dividend Yield of 767 or PTB Ratio of 0.85. Workhorse financial statements analysis is a perfect complement when working with Workhorse Valuation or Volatility modules.
  
Check out the analysis of Workhorse Correlation against competitors.

Latest Workhorse's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Workhorse Group over the last few years. It is Workhorse's Net Working Capital 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.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Workhorse Net Working Capital Regression Statistics

Arithmetic Mean40,922,208
Geometric Mean11,778,226
Coefficient Of Variation200.60
Mean Deviation55,313,221
Median3,153,485
Standard Deviation82,088,103
Sample Variance6738.5T
Range288.4M
R-Value0.45
Mean Square Error5759.5T
R-Squared0.21
Significance0.09
Slope8,337,849
Total Sum of Squares94338.4T

Workhorse Net Working Capital History

202438.5 M
202340.5 M
202276 M
2021188.7 M
2020272.9 M
2019-15.5 M
2018-12.5 M

About Workhorse Financial Statements

Workhorse shareholders use historical fundamental indicators, such as Net Working Capital, to determine how well the company is positioned to perform in the future. Although Workhorse investors may analyze each financial statement separately, they are all interrelated. The changes in Workhorse's assets and liabilities, for example, are also reflected in the revenues and expenses on on Workhorse's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Working Capital40.5 M38.5 M

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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.