Name: WKHS Balance Sheet - Workhorse Group. Assets & Debt | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Total Assets, Current Assets, Cash and Equivalents, Total Liabilities, Long-term Debt, Short-term Debt, Shareholders Equity, Working Capital, Book Value Per Share

JavaScript is disabled. Some features may not work properly. For the best experience, please enable JavaScript in your browser.

WKHS - Workhorse Group. Inc.

USD | NASDAQ | Consumer Cyclical

WKHS Balance Sheet - Workhorse Group. Assets & Debt | Ledgeburg

(in millions of USD)	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Cash And Short Term Investments
Cash And Equivalents	12.9	6.6	25.8	99.3	201.6	46.8	23.9	1.5	4.1	0.5	7.7	0.4	0.0	0.0	0.1	0.1	0.4
Restricted Cash	0.7	0.2	10.0	0.0	0.0	194.4	1.0	0.0	-	-	-	-	-	-	-	-	-	-
Short Term Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash And Short Term Investments	12.9	6.6	25.8	99.3	201.6	46.8	23.9	1.5	4.1	0.5	7.7	0.4	0.0	0.0	0.1
Receivables
Accounts Receivable	3.9	3.6	2.3	2.1	0.1	1.0	0.0	0.0	1.0	0.6	-	-	-	-	0.0
Current Assets
Inventory	39.1	21.4	45.4	8.9	10.1	15.5	1.8	2.5	4.6	2.5	0.1	0.4	0.4	0.0	0.1	-
Non-Current Assets
Property, Plant & Equipment Gross	26.6	6.0	47.0	26.9	13.3	14.9	9.5	7.6	7.7	7.5	5.1	5.0	5.0	0.4
Current Liabilities
Accounts Payable	11.6	2.1	12.5	10.2	7.8	4.8	1.7	4.3	5.7	3.1	1.6	1.6	1.5	1.3	1.4
Non-Current Liabilities
Long Term Debt	-	-	-	-	-	-	19.4	8.3	1.7	2.1	2.8	2.5	2.3	0.4	0.1	0.0
Common Equity
Common Stock	0.0	0.0	0.0	0.2	0.2	0.1	0.1	0.1	0.0	0.0	0.0	0.0	-	-	0.0	0.0
Supplementary Data
Total Debt	15.4	68.4	76.3	-	0.0	1.4	19.4	8.3	2.1	2.2	5.5	2.5	2.6	0.6	0.1	0.0

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Cash And Short Term Investments
Cash And Equivalents	0.6	12.2	12.7	2.2	2.6	4.1	3.2	5.3	6.7	25.8	38.9	62.4	79.1	99.3	120.1

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Non-Current Assets
Property, Plant & Equipment Gross	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7.6	7.6	7.6	7.5	5.2	5.2
Accumulated Depreciation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property,Plant & Equipment Net	20.7	22.5	21.1	29.1	31.0	33.0	34.8	36.5	38.5	37.9	37.5	31.3	26.9	21.5	17.0	13.6
Long Term Investments	-	-	-	-	-	-	-	-	-	-	0.0	10.0	10.0	10.0	10.0	-	-
Equity Method Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill	3.5	3.1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible Assets	10.0	10.2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Lease Right Of Use Assets	21.1	21.9	22.2	6.0	6.5	3.2	3.5	3.7	3.9	4.2	5.2	5.4	5.7	5.9	5.6	5.7
Deferred Tax Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Current Assets	0.4	0.4	0.4	0.4	0.4	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.1	0.1
Total Non-Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	102.7	117.9	116.7	99.3	115.5	93.8	101.4	105.4	113.9	141.7	146.3	176.9	181.4	182.7	201.9	190.5	209.5

Current Liabilities
Accounts Payable	13.5	13.3	11.2	10.8	11.1	11.5	10.6	10.5	14.2	12.5	11.9	10.2	14.5	10.2	7.7	3.8	6.3	7.8	6.0	7.5	6.4	4.8	1.5	2.1	3.1	1.7	1.0	2.0	3.6	4.3	2.9	5.8	4.2	4.3	10.1	7.5	2.6	3.9	3.2	1.5
Short Term Debt	5.0	0.0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Revenue Current	1.3	1.6	1.1	6.0	6.4	6.4	6.4	7.0	6.4	4.7	4.7	1.4	2.2	3.4	3.4	-	-
Operating Lease Liabilities Current	1.4	3.6	2.7	1.6	1.7	1.0	1.0	-	-	1.0	-	-	-	-	-	-
Accrued Expenses	12.0	11.1	7.1	11.2	10.0	8.7	8.4	6.3	6.7	4.9	5.9	43.0	45.0	46.2	44.8	9.6	9.9	14.8
Other Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities	38.3	38.9	60.4	73.5	80.4	45.2	49.6	41.7	41.4	53.3	25.9	58.1	65.2	63.3	60.4

Non-Current Liabilities
Long Term Debt	15.7	15.4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.5	0.8	7.4	0.0	8.2	8.6	8.4	8.3	4.8	1.7	1.7	1.7	2.0	2.1	2.1	2.1	0.1	0.1
Operating Lease Liabilities Non-Current	20.8	18.8	19.1	3.4	3.7	4.3	4.6	-	-	5.3	-	-	-	-	-	-
Deferred Revenue Non-Current	0.0	-	0.0	0.0	0.0	0.0	-	-	0.0	-	0.0	3.4	2.9	2.0	1.5	-	-
Deferred Tax Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension Obligations	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities	76.5	74.9	84.7	76.9	84.1	49.6	54.2	46.7	46.4	58.6	33.5	69.5	76.6	74.2	70.6	26.7

Common Equity
Common Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.3	0.0	0.3	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Additional Paid In Capital	365.1	362.1	928.7	911.1	905.4	897.6	879.4	865.7	847.8	834.7	818.8	782.8	757.3	736.1	720.1	717.3	688.5
Retained Earnings	(338.9)	(319.0)	(896.6)	(888.8)	(874.0)	(853.4)	(832.2)	(807.0)	(780.7)	(751.6)	(706.3)	(675.7)	(652.6)	(627.6)	(589.0)	(553.6)	(532.4)
Accumulated Other Comprehensive Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0	0.0
Treasury Stock	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Stockholders Equity	26.2	43.0	32.1	22.3	(53.4)	(40.8)	47.3	58.6	67.4	83.1	112.8	107.4	104.8	108.6	131.3	163.8	156.2
Total Equity	26.2	43.0	32.1	22.3	(53.4)	(40.8)	47.3	58.6	67.4	83.1	112.8	107.4	104.8	108.6	131.3	163.8	156.2	174.7

Supplementary Data
Total Debt	20.7	15.4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.0	0.0	0.0	1.4	1.4	1.4	27.6	0.0	14.6	8.6	8.4	8.3	4.8	2.1	2.1	2.1	2.1	2.1	2.2	2.2	0.1	0.1
Net debt	20.1	3.2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	(230.4)
Working Capital	8.7	21.0	12.5	(9.8)	(2.8)	8.2	7.9	17.8	24.2	40.5	71.9	66.2	67.7	76.0	102.8	147.4	167.2	188.7
Book Value	26.2	43.0	32.1	22.3	(53.4)	(40.8)	47.3	58.6	67.4	83.1	112.8	107.4	104.8	108.6	131.3	163.8	156.2	174.7
Tangible Book Value	12.7	29.7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Current Assets
Inventory	37.3	39.1	30.0	32.8	41.3	41.8	43.2	46.5	49.9	45.4	40.8	34.6	21.9	8.9	11.6	12.6	12.7	10.1	61.5	49.5	30.7	15.5	6.0	4.2	2.6	1.8	2.4	2.2	2.5	2.5	4.9	5.0	5.0	4.6	7.5	9.5	5.1	2.5	3.6	1.9
Prepaid Expenses	5.1	3.9	2.1	3.7	5.5	5.9	7.4	6.9	7.3	8.1	10.7	9.5	15.0	14.2	14.9	11.7	8.9	4.4
Other Current Assets	0.6	0.6	0.4	0.5	0.5	0.4	1.6	1.6	1.0	0.9	0.6	0.8	0.7	0.5	0.6	0.5	0.5
Assets Held For Sale	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Assets	47.0	59.8	73.0	63.7	77.5	53.4	57.5	59.5	65.6	93.8	97.8	124.3	132.8	139.4	163.2	165.2