Workhorse Long Term Debt vs Net Receivables Analysis

WKHS Stock

USD 1.73 0.02 1.17%

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 Debt and its Net Receivables 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 Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

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

The correlation between Workhorse's Long Term Debt and Net Receivables is 0.05. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Receivables 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 Debt and Net Receivables 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 Debt of Workhorse Group are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Debt i.e., Workhorse's Long Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Workhorse Group has held for over one year. Long-term debt appears on Workhorse Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Workhorse Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Receivables

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. Enterprise Value is likely to gain to about 174 M in 2025, despite the fact that Tax Provision is likely to grow to (111.2 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		0.4	0.28	0.98	-0.22	0.31	0.94	0.15	0.2	0.64	0.91	0.48	0.95	0.95	0.91	0.85	0.31	0.47	0.47	0.14	0.92	-0.01	0.25	0.41	0.21	0.42
Other Current Liab	0.4		0.85	0.32	-0.67	0.58	0.22	0.25	0.34	0.61	0.22	0.69	0.52	0.53	0.34	0.52	-0.24	0.53	0.53	0.32	0.15	0.46	0.55	0.61	0.55	0.25
Total Current Liabilities	0.28	0.85		0.21	-0.85	0.79	0.13	0.0	0.62	0.19	0.02	0.82	0.38	0.39	0.15	0.35	-0.21	0.36	0.36	0.36	0.02	0.67	0.84	0.7	0.82	0.05
Total Stockholder Equity	0.98	0.32	0.21		-0.23	0.33	0.9	0.24	0.2	0.62	0.86	0.48	0.88	0.96	0.85	0.88	0.22	0.53	0.53	0.11	0.89	-0.11	0.23	0.41	0.21	0.44
Retained Earnings	-0.22	-0.67	-0.85	-0.23		-0.95	-0.05	-0.16	-0.46	-0.14	0.11	-0.96	-0.2	-0.36	-0.01	-0.48	0.29	-0.35	-0.35	-0.37	0.06	-0.51	-0.95	-0.84	-0.96	0.1
Accounts Payable	0.31	0.58	0.79	0.33	-0.95		0.16	0.13	0.49	0.14	-0.02	0.95	0.27	0.43	0.08	0.51	-0.22	0.34	0.34	0.44	0.05	0.41	0.94	0.81	0.94	-0.07
Non Current Assets Total	0.94	0.22	0.13	0.9	-0.05	0.16		-0.14	0.08	0.46	0.97	0.31	0.94	0.78	0.96	0.67	0.61	0.15	0.15	0.11	0.99	-0.02	0.16	0.26	0.12	0.26
Non Currrent Assets Other	0.15	0.25	0.0	0.24	-0.16	0.13	-0.14		-0.13	0.65	-0.05	0.2	-0.04	0.41	-0.07	0.54	-0.73	0.83	0.83	0.13	-0.13	-0.2	-0.11	0.2	-0.07	0.43
Net Receivables	0.2	0.34	0.62	0.2	-0.46	0.49	0.08	-0.13		-0.18	-0.05	0.45	0.19	0.3	-0.04	0.07	-0.3	0.34	0.34	0.1	0.02	0.07	0.51	0.41	0.45	0.38
Common Stock Shares Outstanding	0.64	0.61	0.19	0.62	-0.14	0.14	0.46	0.65	-0.18		0.57	0.31	0.61	0.73	0.59	0.78	-0.16	0.71	0.71	0.15	0.46	-0.04	-0.04	0.24	-0.03	0.43
Non Current Liabilities Total	0.91	0.22	0.02	0.86	0.11	-0.02	0.97	-0.05	-0.05	0.57		0.15	0.93	0.76	0.98	0.64	0.57	0.2	0.2	0.07	0.98	-0.06	-0.05	0.11	-0.08	0.33
Other Stockholder Equity	0.48	0.69	0.82	0.48	-0.96	0.95	0.31	0.2	0.45	0.31	0.15		0.43	0.59	0.25	0.68	-0.18	0.45	0.45	0.37	0.2	0.43	0.91	0.87	0.93	0.03
Total Liab	0.95	0.52	0.38	0.88	-0.2	0.27	0.94	-0.04	0.19	0.61	0.93	0.43		0.85	0.96	0.72	0.44	0.33	0.33	0.18	0.91	0.16	0.25	0.36	0.21	0.35
Total Current Assets	0.95	0.53	0.39	0.96	-0.36	0.43	0.78	0.41	0.3	0.73	0.76	0.59	0.85		0.77	0.92	-0.02	0.73	0.73	0.16	0.75	-0.01	0.31	0.5	0.28	0.52
Short Long Term Debt Total	0.91	0.34	0.15	0.85	-0.01	0.08	0.96	-0.07	-0.04	0.59	0.98	0.25	0.96	0.77		0.67	0.59	0.19	0.19	0.12	0.96	0.1	0.08	0.2	0.05	0.26
Current Deferred Revenue	0.85	0.52	0.35	0.88	-0.48	0.51	0.67	0.54	0.07	0.78	0.64	0.68	0.72	0.92	0.67		-0.06	0.69	0.69	0.22	0.63	0.02	0.37	0.6	0.39	0.35
Net Debt	0.31	-0.24	-0.21	0.22	0.29	-0.22	0.61	-0.73	-0.3	-0.16	0.57	-0.18	0.44	-0.02	0.59	-0.06		-0.68	-0.68	0.01	0.62	0.13	-0.06	-0.17	-0.08	-0.32
Cash	0.47	0.53	0.36	0.53	-0.35	0.34	0.15	0.83	0.34	0.71	0.2	0.45	0.33	0.73	0.19	0.69	-0.68		1.0	0.09	0.13	-0.11	0.13	0.38	0.13	0.63
Cash And Short Term Investments	0.47	0.53	0.36	0.53	-0.35	0.34	0.15	0.83	0.34	0.71	0.2	0.45	0.33	0.73	0.19	0.69	-0.68	1.0		0.09	0.13	-0.11	0.13	0.38	0.13	0.63
Short Term Investments	0.14	0.32	0.36	0.11	-0.37	0.44	0.11	0.13	0.1	0.15	0.07	0.37	0.18	0.16	0.12	0.22	0.01	0.09	0.09		0.06	0.25	0.36	0.5	0.36	0.18
Other Current Assets	0.92	0.15	0.02	0.89	0.06	0.05	0.99	-0.13	0.02	0.46	0.98	0.2	0.91	0.75	0.96	0.63	0.62	0.13	0.13	0.06		-0.08	0.04	0.16	0.0	0.28
Short Term Debt	-0.01	0.46	0.67	-0.11	-0.51	0.41	-0.02	-0.2	0.07	-0.04	-0.06	0.43	0.16	-0.01	0.1	0.02	0.13	-0.11	-0.11	0.25	-0.08		0.59	0.3	0.57	-0.43
Property Plant And Equipment Net	0.25	0.55	0.84	0.23	-0.95	0.94	0.16	-0.11	0.51	-0.04	-0.05	0.91	0.25	0.31	0.08	0.37	-0.06	0.13	0.13	0.36	0.04	0.59		0.81	0.99	-0.19
Common Stock Total Equity	0.41	0.61	0.7	0.41	-0.84	0.81	0.26	0.2	0.41	0.24	0.11	0.87	0.36	0.5	0.2	0.6	-0.17	0.38	0.38	0.5	0.16	0.3	0.81		0.82	0.29
Property Plant And Equipment Gross	0.21	0.55	0.82	0.21	-0.96	0.94	0.12	-0.07	0.45	-0.03	-0.08	0.93	0.21	0.28	0.05	0.39	-0.08	0.13	0.13	0.36	0.0	0.57	0.99	0.82		-0.22
Common Stock	0.42	0.25	0.05	0.44	0.1	-0.07	0.26	0.43	0.38	0.43	0.33	0.03	0.35	0.52	0.26	0.35	-0.32	0.63	0.63	0.18	0.28	-0.43	-0.19	0.29	-0.22

Click cells to compare fundamentals

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	93.8M	85.2M
Other Current Liab	11.4M	19.3M	18.4M	12.4M	15.4M	16.1M
Total Current Liabilities	17.6M	27.6M	63.3M	53.3M	45.2M	47.5M
Total Stockholder Equity	395.2M	174.7M	108.6M	83.1M	44.3M	45.9M
Retained Earnings	(109.0M)	(510.4M)	(627.6M)	(751.6M)	(853.4M)	(810.7M)
Accounts Payable	4.8M	7.8M	10.2M	12.5M	11.5M	12.1M
Non Current Assets Total	342.0M	11.9M	43.4M	47.8M	40.4M	34.6M
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	1.1M	2.0M
Common Stock Shares Outstanding	92.9M	128.7M	7.9M	10.4M	19.7M	26.4M
Liabilities And Stockholders Equity	632.5M	228.1M	182.7M	141.7M	93.8M	85.2M
Non Current Liabilities Total	219.7M	25.9M	10.8M	5.3M	4.3M	4.1M
Other Stockholder Equity	504.1M	686.3M	736.1M	834.7M	897.6M	942.5M
Total Liab	237.3M	53.4M	74.2M	58.6M	49.6M	39.3M
Total Current Assets	290.5M	216.2M	139.4M	93.8M	53.4M	52.5M
Short Long Term Debt Total	199.1M	26.3M	10.1M	29.0M	16.3M	24.7M
Net Debt	152.3M	(175.4M)	(89.2M)	3.2M	12.2M	12.8M
Cash	46.8M	201.6M	99.3M	25.8M	4.1M	3.9M
Cash And Short Term Investments	46.8M	201.6M	99.3M	25.8M	4.1M	3.9M
Other Current Assets	227.2M	4.4M	14.2M	18.1M	6.4M	6.1M
Short Term Debt	1.4M	363.7K	2.6M	23.7M	12.0M	12.6M
Property Plant And Equipment Net	11.4M	9.4M	33.2M	47.7M	40.2M	42.2M
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	56.6M	59.4M
Accumulated Other Comprehensive Income	(2.4M)	(2.6M)	0.0	(1.4M)	(1.3M)	(1.3M)
Common Stock	121.9K	151.9K	165.6K	1.1K	3.8K	3.7K
Inventory	15.5M	10.1M	8.9M	45.4M	41.8M	43.9M
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	10.5M	6.9M
Other Assets	330.7M	2.5M	176.3K	1.0	1.15	1.09
Non Current Liabilities Other	207.0K	1.2M	2.0M	(1.0)	(0.9)	(0.85)
Net Invested Capital	594.3M	199.4M	108.6M	103.3M	54.8M	52.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC