Get the Latest Workhorse Stock Quote and Market Insights

To get the latest Workhorse stock quote, you can check the NASDAQ exchange where it's listed under the ticker symbol WKHS.

Workhorse Group, Inc. is a US-based electric vehicle company that has been making headlines with its innovative products.

The company's stock price can fluctuate rapidly, so it's essential to stay up-to-date with the latest market news and trends.

As of the last available data, Workhorse's stock price has shown significant growth, making it an attractive investment opportunity for some investors.

The workhorse stock quote's financial data is a mixed bag. The company's cash-to-debt ratio is a low 0.16, indicating a high level of debt relative to its cash reserves.

The company's equity-to-asset ratio is 0.47, which is above the industry average. This suggests that the company has a relatively strong balance sheet. The debt-to-equity ratio is 0.44, which is also above the industry average, indicating that the company has a significant amount of debt relative to its equity.

The company's debt-to-EBITDA ratio is -0.22, which is a negative number. This could be a sign of financial distress, as it suggests that the company's debt is not being covered by its earnings before interest, taxes, depreciation, and amortization. The Piotroski F-Score is 3/9, which suggests that the company's financial health is mediocre.

Here are some key income statement metrics for the company:

The company's sales have been growing rapidly, with a 160.69% increase in 2023 compared to 2022. However, the company's operating income has not been as strong, with a 3.47% increase in 2023 compared to 2022.

Income Statements (USD) provide a clear picture of a company's financial performance over time. In 2023, the company's sales reached 13.09 million USD, a significant increase of 160.69% from 2022.

The gross profit on sales, however, was negative, standing at -25.26 million USD in 2023. This is a stark contrast to the 22.65% increase in gross profit on sales from 2022 to 2023.

Operating income, which measures a company's profitability, was -105.30 million USD in 2023. This is a 3.47% increase from 2022, but still a significant loss.

Here's a breakdown of the company's income statements over the years:

The income before tax was -124.03 million USD in 2023, a 5.76% decrease from 2022. Income after tax was also -123.92 million USD in 2023, a 5.67% decrease from 2022.

Delayed NSDQ Data can be frustrating, but it's not the end of the world. After-Market prices can fluctuate, and as of January 28, 2025, the price of a certain stock is $0.56, with a 1.14% increase to $0.01.

The Zacks Rank system is a timeliness indicator for stocks, and it's based on a 1 to 3 month time frame. The system ranks stocks from 1 to 5, with 1 being a Strong Buy and 5 being a Strong Sell.

The Zacks Rank system also provides annualized returns for each ranking, with Strong Buy stocks averaging a 24.30% return. In contrast, Strong Sell stocks average a 2.72% return.

Here's a breakdown of the Zacks Rank system:

The VGM Score combines the weighted average of the individual style scores into one score, and it's graded into five groups: A, B, C, D, and F. An A score is the best, followed by B, C, D, and F.

So, if you're looking to buy stocks with the highest probability of success, focus on those with a Zacks Rank of 1 or 2, and a Score of A or B.

Financial Strength is a crucial aspect of any company's financial health. Cash-to-Debt is a key metric, and in this case, it's a relatively low 0.16, indicating a significant amount of debt compared to cash reserves.

The company's Equity-to-Asset ratio is 0.47, which means equity makes up nearly half of the company's assets. This is a relatively healthy ratio.

Debt-to-Equity is 0.44, indicating a significant amount of debt compared to equity. This could be a concern for investors.

Debt-to-EBITDA is -0.22, which is a negative number, indicating that the company's debt is actually lower than its EBITDA. This could be a sign of financial strength.

Here's a breakdown of the company's financial health using the Piotroski F-Score, which evaluates nine different metrics:

The Altman Z-Score is another metric used to evaluate a company's financial health. A score of -14.2 indicates that the company is in Distress.

The Beneish M-Score is a measure of accounting manipulation. A score of -6.05 indicates that the company is not a manipulator.

Overall, while the company's financial strength is a concern, there are some positive signs, such as a low Debt-to-EBITDA ratio.