WKHSWKHS
US • —
$3.14
P/E
—
PEG
—
FCF Yield
—
Rev Growth YoY
+320.7% YoY
Gross Margin
—
Health Score
3/10
D/E Ratio
0.36
Confidence
LOW
Business Snapshot
Workhorse Group Inc. is a specialty electric vehicle (EV) manufacturer focused on the commercial delivery truck segment, targeting last-mile delivery fleets. The company operates in the highly competitive commercial EV market as a smaller challenger, vying against both established automotive manufacturers and other EV startups for market share. Workhorse's defining characteristic is its focus on a niche market of electric last-mile delivery vehicles, combined with a history of pursuing government and large-fleet contracts. The company operates as a micro-cap entity with limited financial history, and its near-term viability is tied to its ability to convert its order pipeline into production revenue.
Financial Health
The company's balance sheet shows a debt-to-equity ratio of 0.36x, indicating a conservative capital structure with limited leverage, and a current ratio of 1.54x points to adequate short-term liquidity to cover liabilities. However, the return on equity is deeply negative at -204.9%, reflecting that the company is generating significant losses relative to shareholder equity...
Risk Assessment
- EARNINGS QUALITY — Out of the last 4 quarters, the company beat estimates only 2 times, indicating a mixed record of meeting market expectations.
- DEBT / LIQUIDITY — Return on equity of -204.9% signals severe value destruction for shareholders, far below sustainable levels.
- TECHNICALS — RSI, MACD, and moving average data unavailable for this period; momentum cannot be independently confirmed.
- FCF / CASH BURN — Free cash flow is negative or unavailable, confirming the company is not self-funding and likely requires external capital.
- VALUATION — The trailing P/E ratio is N/A due to negative earnings, preventing a standard valuation comparison to the sector average of 22x.
- DATA COMPLETENESS — Core fundamental metrics (P/E, revenue, and FCF) are unavailable, creating a fundamental data vacuum that significantly increases investment risk....
The company's balance sheet shows a debt-to-equity ratio of 0.36x, indicating a conservative capital structure with limited leverage, and a current ratio of 1.54x points to adequate short-term liquidity to cover liabilities. However, the return on equity is deeply negative at -204.9%, reflecting that the company is generating significant losses relative to shareholder equity. Net margin of -254.3% — note this figure may be distorted due to a one-time item or data anomaly — reinforces the picture of severe unprofitability. Free cash flow is negative or unavailable, confirming the company is burning cash rather than generating it internally. Overall, the financial health is weak, suggesting the company is reliant on external capital to fund operations and has no capacity for dividends or self-funded reinvestment, elevating the risk of future dilution.
- EARNINGS QUALITY — Out of the last 4 quarters, the company beat estimates only 2 times, indicating a mixed record of meeting market expectations. - DEBT / LIQUIDITY — Return on equity of -204.9% signals severe value destruction for shareholders, far below sustainable levels. - TECHNICALS — RSI, MACD, and moving average data unavailable for this period; momentum cannot be independently confirmed. - FCF / CASH BURN — Free cash flow is negative or unavailable, confirming the company is not self-funding and likely requires external capital. - VALUATION — The trailing P/E ratio is N/A due to negative earnings, preventing a standard valuation comparison to the sector average of 22x. - DATA COMPLETENESS — Core fundamental metrics (P/E, revenue, and FCF) are unavailable, creating a fundamental data vacuum that significantly increases investment risk.
Unlock the full AI report
Full 8-section analysis includes:
Metric deep-dives