Workhorse Group (WKHS) Ratios
Workhorse Group Ratios
MX:WKHS's free cash flow for Q2 2026 was $-24.22M. For the 2026 fiscal year, MX:WKHS's free cash flow was decreased by $-145.00K and operating cash flow was $-24.08M. See a summary of the company’s cash flow.
| Ratios | Mar 26 | Mar 25 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.54 | 1.18 | 1.76 | 2.20 | 7.85 |
| Quick Ratio | 0.53 | 0.26 | 0.91 | 2.06 | 7.48 |
| Cash Ratio | 0.33 | 0.09 | 0.49 | 1.57 | 7.32 |
| Solvency Ratio | -0.84 | -1.89 | -2.05 | -1.56 | -7.47 |
| Operating Cash Flow Ratio | -0.92 | -1.05 | -2.31 | -1.48 | -4.81 |
| Short-Term Operating Cash Flow Coverage | -9.83 | -4.54 | -6.10 | 0.00 | 0.00 |
| Net Current Asset Value | $ -15.03M | $ 3.88M | $ 35.26M | $ 65.20M | $ 162.78M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.32 | 0.17 | 0.20 | 0.06 | 0.12 |
| Debt-to-Equity Ratio | 0.88 | 0.37 | 0.35 | 0.09 | 0.15 |
| Debt-to-Capital Ratio | 0.47 | 0.27 | 0.26 | 0.09 | 0.13 |
| Long-Term Debt-to-Capital Ratio | 0.26 | 0.00 | 0.00 | 0.00 | 0.12 |
| Financial Leverage Ratio | 2.74 | 2.12 | 1.70 | 1.68 | 1.31 |
| Debt Service Coverage Ratio | -2.16 | -2.19 | -3.47 | -382.13 | -22.94 |
| Interest Coverage Ratio | -2.72 | -3.32 | -12.06 | -387.98 | -27.47 |
| Debt to Market Cap | 0.39 | 0.05 | 0.02 | 0.00 | 0.00 |
| Interest Debt Per Share | 5.83 | 19.58 | 45.53 | 16.49 | 64.11 |
| Net Debt to EBITDA | -0.55 | -0.17 | -0.03 | 0.70 | 0.99 |
| Profitability Margins | |||||
| Gross Profit Margin | -45.05% | -335.92% | -192.87% | -649.99% | 14853.56% |
| EBIT Margin | -219.98% | -1204.07% | -797.25% | -2569.80% | 20930.50% |
| EBITDA Margin | -214.16% | -1084.54% | -766.23% | -2531.07% | 20706.49% |
| Operating Profit Margin | -223.66% | -1116.73% | -804.13% | -2569.80% | 21729.08% |
| Pretax Profit Margin | -302.12% | -1540.23% | -945.48% | -2334.71% | 49674.96% |
| Net Profit Margin | -302.14% | -1538.46% | -946.33% | -2334.71% | 47110.51% |
| Continuous Operations Profit Margin | -302.14% | -1538.46% | -946.33% | -2334.71% | 47110.51% |
| Net Income Per EBT | 100.01% | 99.89% | 100.09% | 100.00% | 94.84% |
| EBT Per EBIT | 135.08% | 137.92% | 117.58% | 90.85% | 228.61% |
| Return on Assets (ROA) | -54.36% | -108.47% | -87.47% | -64.17% | -175.92% |
| Return on Equity (ROE) | -148.89% | -229.84% | -149.10% | -108.00% | -229.74% |
| Return on Capital Employed (ROCE) | -60.02% | -152.02% | -119.13% | -108.08% | -92.29% |
| Return on Invested Capital (ROIC) | -57.39% | -121.77% | -93.90% | -106.93% | -87.36% |
| Return on Tangible Assets | -61.28% | -108.47% | -87.47% | -64.17% | -175.92% |
| Earnings Yield | -132.88% | -49.37% | -13.84% | -4.05% | -5.96% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.45 | 6.12 | 2.93 | 0.29 | -5.69 |
| Payables Turnover | 2.64 | 2.51 | 3.08 | 3.68 | 16.01 |
| Inventory Turnover | 0.79 | 0.69 | 0.84 | 4.26 | 12.48 |
| Fixed Asset Turnover | 0.48 | 0.16 | 0.27 | 0.15 | -0.09 |
| Asset Turnover | 0.18 | 0.07 | 0.09 | 0.03 | -0.00 |
| Working Capital Turnover Ratio | 1.45 | 0.27 | 0.22 | 0.04 | -0.00 |
| Cash Conversion Cycle | 392.34 | 443.52 | 438.22 | 1227.64 | -57.73 |
| Days of Sales Outstanding | 66.92 | 59.69 | 124.60 | 1241.07 | -64.17 |
| Days of Inventory Outstanding | 463.46 | 529.48 | 432.17 | 85.75 | 29.24 |
| Days of Payables Outstanding | 138.03 | 145.65 | 118.55 | 99.17 | 22.80 |
| Operating Cycle | 530.38 | 589.17 | 556.77 | 1326.81 | -34.93 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -3.75 | -24.17 | -148.37 | -147.91 | -257.58 |
| Free Cash Flow Per Share | -3.82 | -26.23 | -170.91 | -175.49 | -267.90 |
| Dividend Paid and CapEx Coverage Ratio | -58.96 | -11.71 | -6.58 | -5.36 | -24.95 |
| Capital Expenditure Coverage Ratio | -58.96 | -11.71 | -6.58 | -5.36 | -24.95 |
| Operating Cash Flow Coverage Ratio | -0.94 | -2.92 | -4.24 | -9.27 | -5.05 |
| Operating Cash Flow to Sales Ratio | -1.68 | -7.19 | -9.39 | -18.68 | 155.62 |
| Free Cash Flow Yield | -74.97% | -25.05% | -15.82% | -3.85% | -2.05% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -0.75 | -2.03 | -7.23 | -24.66 | -16.77 |
| Price-to-Sales (P/S) Ratio | 2.27 | 31.16 | 68.39 | 575.83 | -7902.52 |
| Price-to-Book (P/B) Ratio | 1.12 | 4.66 | 10.77 | 26.64 | 38.54 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -1.33 | -3.99 | -6.32 | -25.98 | -48.82 |
| Price-to-Operating Cash Flow Ratio | -1.36 | -4.33 | -7.28 | -30.83 | -50.78 |
| Price-to-Earnings Growth (PEG) Ratio | 0.01 | 0.03 | 0.38 | 0.32 | 0.03 |
| Enterprise Value Multiple | -1.61 | -3.04 | -8.96 | -22.05 | -37.17 |
| Enterprise Value | 73.13M | 218.39M | 898.68M | 2.80B | 6.56B |
| EV to EBITDA | -1.61 | -3.04 | -8.96 | -22.05 | -37.17 |
| EV to Sales | 3.45 | 33.01 | 68.63 | 558.08 | -7696.64 |
| EV to Free Cash Flow | -2.02 | -4.23 | -6.34 | -25.18 | -47.55 |
| EV to Operating Cash Flow | -2.06 | -4.59 | -7.30 | -29.88 | -49.46 |
| Tangible Book Value Per Share | 3.14 | 22.49 | 100.24 | 171.19 | 339.40 |
| Shareholders’ Equity Per Share | 4.54 | 22.49 | 100.24 | 171.19 | 339.40 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.00 | 0.00 | -0.00 | 0.00 | 0.05 |
| Revenue Per Share | 2.24 | 3.36 | 15.79 | 7.92 | -1.66 |
| Net Income Per Share | -6.76 | -51.69 | -149.45 | -184.89 | -779.76 |
| Tax Burden | 1.00 | 1.00 | 1.00 | 1.00 | 0.95 |
| Interest Burden | 1.37 | 1.28 | 1.19 | 0.91 | 2.37 |
| Research & Development to Revenue | 0.62 | 1.38 | 1.87 | 4.62 | -13.63 |
| SG&A to Revenue | 1.17 | 6.43 | 4.08 | 14.38 | 0.00 |
| Stock-Based Compensation to Revenue | 0.03 | 1.52 | 1.03 | 2.28 | -5.80 |
| Income Quality | 0.55 | 0.47 | 0.99 | 0.80 | 0.33 |
Currency in USD