Workhorse Group Statistics
Total Valuation
WKHS has a market cap or net worth of $31.33 million. The enterprise value is $40.94 million.
| Market Cap | 31.33M |
| Enterprise Value | 40.94M |
Important Dates
The next estimated earnings date is Tuesday, August 6, 2024, before market open.
| Earnings Date | Aug 6, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
WKHS has 18.76 million shares outstanding. The number of shares has increased by 81.05% in one year.
| Shares Outstanding | 18.76M |
| Shares Change (YoY) | +81.05% |
| Shares Change (QoQ) | +45.98% |
| Owned by Insiders (%) | 5.32% |
| Owned by Institutions (%) | 14.65% |
| Float | 18.45M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 2.46 |
| Forward PS | 0.78 |
| PB Ratio | 0.46 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 3.21 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.59, with a Debt / Equity ratio of 0.24.
| Current Ratio | 1.59 |
| Quick Ratio | 0.21 |
| Debt / Equity | 0.24 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -7.71 |
Financial Efficiency
Return on equity (ROE) is -138.20% and return on invested capital (ROIC) is -123.54%.
| Return on Equity (ROE) | -138.20% |
| Return on Assets (ROA) | -88.50% |
| Return on Capital (ROIC) | -123.54% |
| Revenue Per Employee | $42,754 |
| Profits Per Employee | -$429,785 |
| Employee Count | 298 |
| Asset Turnover | 0.09 |
| Inventory Turnover | 1.13 |
Taxes
| Income Tax | -110,524 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -93.37% in the last 52 weeks. The beta is 2.57, so WKHS's price volatility has been higher than the market average.
| Beta (5Y) | 2.57 |
| 52-Week Price Change | -93.37% |
| 50-Day Moving Average | 2.89 |
| 200-Day Moving Average | 5.44 |
| Relative Strength Index (RSI) | 39.17 |
| Average Volume (20 Days) | 1,730,875 |
Short Selling Information
The latest short interest is 3.23 million, so 17.20% of the outstanding shares have been sold short.
| Short Interest | 3.23M |
| Short Previous Month | 54.74M |
| Short % of Shares Out | 17.20% |
| Short % of Float | 17.49% |
| Short Ratio (days to cover) | 3.73 |
Income Statement
In the last 12 months, WKHS had revenue of $12.74 million and -$128.08 million in losses. Loss per share was -$11.00.
| Revenue | 12.74M |
| Gross Profit | -27.72M |
| Operating Income | -103.48M |
| Pretax Income | -128.19M |
| Net Income | -128.08M |
| EBITDA | -106.59M |
| EBIT | -113.48M |
| Loss Per Share | -$11.00 |
Balance Sheet
The company has $6.73 million in cash and $16.34 million in debt, giving a net cash position of -$9.61 million or -$0.51 per share.
| Cash & Cash Equivalents | 6.73M |
| Total Debt | 16.34M |
| Net Cash | -9.61M |
| Net Cash Per Share | -$0.51 |
| Equity (Book Value) | 67.42M |
| Book Value Per Share | 3.59 |
| Working Capital | 24.24M |
Cash Flow
In the last 12 months, operating cash flow was -$108.24 million and capital expenditures -$16.31 million, giving a free cash flow of -$124.55 million.
| Operating Cash Flow | -108.24M |
| Capital Expenditures | -16.31M |
| Free Cash Flow | -124.55M |
| FCF Per Share | -$8.23 |
Margins
Gross margin is -217.61%, with operating and profit margins of -812.17% and -1,005.26%.
| Gross Margin | -217.61% |
| Operating Margin | -812.17% |
| Pretax Margin | -1,006.12% |
| Profit Margin | -1,005.26% |
| EBITDA Margin | -836.58% |
| EBIT Margin | -890.66% |
| FCF Margin | -977.56% |
Dividends & Yields
WKHS does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -81.05% |
| Shareholder Yield | -81.05% |
| Earnings Yield | -408.77% |
| FCF Yield | -397.51% |
Analyst Forecast
The average price target for WKHS is $25.33, which is 1,416.77% higher than the current price. The consensus rating is "Hold".
| Price Target | $25.33 |
| Price Target Difference | 1,416.77% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 17, 2024. It was a reverse split with a ratio of 1:20.
| Last Split Date | Jun 17, 2024 |
| Split Type | Reverse |
| Split Ratio | 1:20 |
Scores
WKHS has an Altman Z-Score of -12.12 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -12.12 |
| Piotroski F-Score | 4 |