Workhorse Group Balance Sheet - Quarterly (NASDAQ:WKHS)

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$2.91 $0.02 (0.68%) WKHS stock closing price Feb 16, 2018 (Closing)

The fundamental analysis of this company requires a thorough look at Workhorse Group balance sheet. Financial strength can be guaged by performing Workhorse Group stock analysis and by analyzing the balance sheet. Quarterly results are typically accompanied with the company releasing financial statements. Apart from analyzing Workhorse Group revenue Workhorse Group operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The Workhorse Group balance sheet for 2017 Q3 shows cash on hand of $9.83M. The company has a debt to equity ratio of 0.16.

View and download Workhorse Group quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Cash9.83M5.42M10.24M-3.04M3.66M5.21M7.67M-
Marketable Securities---------
Receivables--1.07M------
Inventory7.46M9.46M5.06M2.46M3.56M1.86M---
Raw Materials6.79M7.7M5.06M------
Work In Progress-1.76M-------
Finished Goods---------
Notes Receivable---------
Other Current Assets1.9M-1.53M----3.14M1.08M
Total Current Assets
19.49M15.99M17.91M3.91M7.29M6.69M6.2M10.9M1.42M
Property Plant & Equipment7.63M7.61M7.58M7.54M5.21M5.16M5.09M5.07M5.03M
Accumulated Depreciation1.96M1.81M1.68M1.54M1.62M1.52M1.42M1.33M1.24M
Net Property Plant & Equipment
5.67M5.8M5.89M6M3.59M3.63M3.67M3.73M3.79M
Investment & Advances---------
Other Non-Current Assets---------
Deferred Charges---------
Intangibles---------
Deposits & Other Assets---------
Total Assets
25.39M22.02M24.02M10.23M10.89M10.33M9.88M14.64M5.21M
Notes Payable-13.53M1.24M------
Accounts Payable10.25M7.61M2.64M4.02M3.28M1.51M2.58M2M2.1M
Current Portion Long-Term Debt-------2.77M2.76M
Current Portion Capital Leases---------
Accrued Expenses---------
Income Taxes Payable---------
Other Current Liabilities-1M--1.42M1.92M1.68M-1.11M
Total Current Liabilities
10.32M8.64M2.72M4.33M4.75M3.48M4.32M18.42M6.75M
Mortgages---------
Deferred Taxes/Income---------
Convertible Debt---------
Long-Term Debt2.03M2.07M2.08M2.08M-----
Non-Current Capital Leases---------
Other Long-Term Liabilities---------
Total Liabilities
12.36M10.72M4.8M6.42M4.75M3.48M4.32M18.42M6.76M
Minority Interest---------
Preferred Stock---------
Common Stock Net---------
Capital Surplus105.84M91.45M90.17M60.32M55.59M51.55M47.07M33.55M31.83M
Retained Earnings-92.86M-80.19M-70.99M-63.07M-56.09M-50.83M-47.89M-43.51M-39.76M
Treasury Stock---------
Other Liabilities---6.54M6.6M6.1M6.35M6.15M6.2M
Shareholders Equity13.02M11.3M19.21M3.81M6.13M6.84M5.55M-3.78M-1.54M
Total Liabilities & Shareholders Equity25.39M22.02M24.02M10.23M10.89M10.33M9.88M14.64M5.21M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Workhorse Group stock price, and Workhorse Group historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Workhorse Group PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: WKHS total assets, which was at $25.39M for 2017 Q3 is a balance sheet item representing value of what Workhorse Group owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: The total liabilities of Workhorse Group for the quarter 2017 Q3 total to $12.36M. Liabilities for a company like Workhorse Group include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Workhorse Group Balance Sheet - Key Ratios

Current ratio
1.89
Debt to equity ratio
0.16
Asset turnover ratio
0.56
Receivables turnover
14.3
Price to book ratio
9.78