Workhorse Group Inc. Balance Sheet
WKHS|14 years of annual SEC 10-K data (FY2011-FY2025)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 14 fiscal years. All figures from audited SEC 10-K filings.
Workhorse Group Inc. had $118M in total assets with negative shareholders' equity of $41M as of FY2025.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -1.01 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $12.9M | $4.1M | $25.8M | $99.3M | $46.8M | $23.9M | $4.1M | $469.6K | $7.7M | $442.3K | $7.0K | $39.8K | $89.5K | $385.3K |
| Accounts Receivable | $3.9M | $537.5K | $4.5M | $2.1M | $884.4K | $7.9K | - | $628.7K | $628.7K | - | - | - | - | $5.0K |
| Inventory | $39.1M | $41.8M | $45.4M | $8.9M | $15.5M | $1.8M | $2.5M | $2.5M | $2.5M | $78.9K | $392.8K | $392.8K | $41.0K | $122.0K |
| Current Assets | $59.8M | $53.4M | $93.8M | $139.4M | $290.5M | $31.5M | $6.4M | $3.9M | $3.9M | $10.9M | $909.6K | $443.7K | $93.8K | $267.7K |
| PP&E (Net) | $22.5M | $33.0M | $37.9M | $21.5M | $11.4M | $6.8M | $5.2M | $6.0M | $6.0M | $3.7M | $4.0M | $4.4M | $126.8K | $182.2K |
| Goodwill | $3.1M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $117.9M | $93.8M | $141.7M | $182.7M | $632.5M | $50.7M | $11.8M | $10.2M | $10.2M | $14.6M | $5.0M | $4.9M | $220.7K | $449.9K |
| Current Liabilities | $38.9M | $45.2M | $53.3M | $63.3M | $17.6M | $47.0M | - | $4.3M | $4.3M | $18.4M | $3.3M | $4.5M | $2.4M | $1.9M |
| Total Debt | - | - | - | - | - | $19.4M | $8.3M | $2.2M | $2.2M | $2.8M | $2.5M | $2.6M | $592.9K | $69.5K |
| Shareholders' Equity | -$40.8M | $83.1M | $108.6M | $174.7M | -$15.4M | -$15.4M | $3.5M | -$3.8M | -$3.8M | -$809.4K | -$1.9M | $443.9K | $443.9K | $443.9K |