Workhorse Group Cash Flow - Quarterly (NASDAQ:WKHS)

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$2.75 $0.02 (0.73%) WKHS stock closing price Sep 22, 2017 (Closing)

The Workhorse Group cash flow statement is one of the important reports considered by investors doing a fundamental analysis of the company. This statement shows details about the cash generated and spent during a particular quarter, while the other two statements give details about Workhorse Group profits and Workhorse Group debt. Workhorse Group issued $0.96M worth of WKHS shares. The cash flow statement helps in the Workhorse Group stock analysis by providing more information for evaluating changes in assets, liabilities and equities. The cash from operating activities for Workhorse Group is $-19.73MĀ for 2017-Q2, which saw a decrease of 51.42% from previous quarter. View details of Workhorse Group cash flows for latest & last 40 quarters

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Fiscal year is Jan - Dec.2017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q32015 Q22015 Q1
Workhorse Group Net Income Cash Flow
-17.12M-7.92M-19.55M-12.57M-7.31M-4.38M-9.42M-5.67M-3.94M-2.05M
Depreciation Depletion Amortization Cash-Flow0.26M0.14M0.38M0.28M0.19M0.09M0.37M0.28M0.18M0.09M
Net Increase (Decrease) in Assets Liabilities-3.54M-5.58M-0.73M-1.97M-2.53M0.58M0.11M0.32M0.2M-0.11M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net0.65M0.32M0.87M0.93M0.42M0.31M0.71M0.88M0.72M0.58M
Workhorse Group Net Cash from (used by) Operating Activities
-19.73M-13.03M-19.03M-13.33M-9.24M-3.39M-8.22M-4.17M-2.82M-1.49M
Increase (Decrease) in Prop Plant And Equipment-0.07M-0.03M-0.52M-0.14M-0.09M-0.02M-0.06M-0.03M-0.03M-0.02M
Acquisition Disposition of Subsidiaires----------
Increase (Decrease) in Investments----------
Other Cash Inflow (Outflow) from Investment Activities0.12M0.11M--------
Workhorse Group Net Cash from (used by) Invesment Activities
0.05M0.07M-0.52M-0.14M-0.09M-0.02M-0.06M-0.03M-0.03M-0.02M
Issuance (Purchase) of Equity Shares23.69M22.73M14.96M10.27M6.23M2.11M3.17M1.02M1.02M0.72M
Issuance (Repayment) of Debt Securities-0.06M--2.72M-2.72M-2.72M-2.72M12.23M1.16M0.84M0.58M
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions----------
Other Cash from (used by) Financing Activities1M-0.11M1.3M1.81M1.57M0.11M1.71M0.7M0.04M
Workhorse Group Net Cash from (used by) Financing Activities
24.63M22.73M12.35M8.85M5.32M0.96M15.52M3.9M2.57M1.36M
Effect of Exchange Rate Changes on Cash----------
Workhorse Group Net Change in Cash & Cash Equivalents
4.95M9.77M-7.2M-4.62M-4.01M-2.46M7.23M-0.3M-0.28M-0.15M
Cash & Equivalents at Beginning of Year7.67M0.44M0.01M0.03M0.08M-----
Cash & Equivalents at Year End5.42M10.24M0.46M3.04M3.66M5.21M7.67M0.14M0.16M0.28M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The Workhorse Group stock price history and Workhorse Group stock comparison chart inevitably reflect its cash flow situation.
  • Workhorse Group has cash of $5.42M on hand. A healthy amount of cash on hand is necessary for any company. Cash has an opportunity cost associated with it, and too much cash in bank may mean that the firm has no or limited growth plans. Hence its important to track the Net Change in Cash and Cash Equivalents along with the Workhorse Group stock price.
  • The cash generated from the core business or operations was negative at $-19.73M for Workhorse Group in the latest quarter. For an internet company, this would include all those activities which are involved in eventually selling advertisement space on its website or any online service.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc. , and was $-19.73M for WKHS in last quarter report.
  • Inflow of cash in the form of bank loans and shareholders equity, and outflow of cash because of dividend payments, share repurchase payments etc. come under financing activities. The cash generated from these activities was $24.63M for Workhorse Group.
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Key Financial Ratios For Workhorse Group Cash Flow