Workhorse Historical Balance Sheet

About Workhorse Balance Sheet Analysis

Profit & Loss Statement Details

Cash Flow Statement Details

Financial Indicators Details

Valuation Indicators Details

Workhorse Balance Sheet Chart

At this time, Workhorse's Short Term Debt is comparatively stable compared to the past year. Property Plant And Equipment Net is likely to gain to about 50.1 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 7.5 M in 2024.

Total Assets

Total assets refers to the total amount of Workhorse assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Workhorse Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Workhorse balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Workhorse Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents Workhorse obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Workhorse Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Cash

Cash refers to the most liquid asset of Workhorse Group, which is listed under current asset account on Workhorse Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Workhorse customers. The amounts must be unrestricted with restricted cash listed in a different Workhorse account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Workhorse balance sheet Correlations

Workhorse Account Relationship Matchups

Workhorse balance sheet Accounts

Additional Tools for Workhorse Stock Analysis