Workhorse Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Workhorse Group's balance sheet done over the years? Its assets were worth $141,674,724 last year, which is less than in the previous period. 41% of Workhorse Group’s total assets is currently financed by debt. Its liabilities reached the amount of $58,562,553, which means an decrease by -21% compared compared to last year.
Debt to Assets
| 2014 | 4951989 | 5.76M | 116.34% |
|---|---|---|---|
| 2015 | 14641728 | 18.42M | 125.84% |
| 2016 | 10239793 | 6.42M | 62.72% |
| 2017 | 16118857 | 13.62M | 84.56% |
| 2018 | 11804773 | 27.22M | 230.65% |
| 2019 | 50673829 | 85.58M | 168.9% |
| 2020 | 632542369 | 237.33M | 37.52% |
| 2021 | 228138890 | 53.44M | 23.43% |
| 2022 | 182742475 | 74.15M | 40.58% |
| 2023 | 141674724 | 58.56M | 41.34% |
WKHS Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 25.84M | 99.27M | 201.64M | 46.81M | 23.86M | 1.51M | 4.06M | 469.57K | 7.67M | 442.25K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 4.47M | 17.07M | 149.77K | 1.03M | 41.02K | 48.27K | 1.05M | 727.1K | 0 | 0 |
Inventory | 45.40M | 8.85M | 10.06M | 15.46M | 1.79M | 2.53M | 4.23M | 2.46M | 78.91K | 392.75K |
Other current assets | 18.10M | 505.40K | 4.35M | 227.17M | 5.81M | 2.27M | 946.13K | 255.16K | 3.14M | 74.62K |
Total current assets | 93.82M | 139.35M | 216.22M | 290.49M | 31.51M | 6.36M | 10.31M | 3.91M | 10.90M | 909.63K |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 47.67M | 33.20M | 9.43M | 11.39M | 6.83M | 5.23M | 5.59M | 6.00M | 3.73M | 4.04M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 10M | 0 | 330.55M | 12.19M | 198.09K | 212.00K | 320.49K | 0 | 0 |
Other non-current assets | 176.31K | 176.31K | 2.47M | 94.69K | 129.17K | 0 | 0 | 0 | 0 | 0 |
Total non-current assets | 47.84M | 43.38M | 11.91M | 342.04M | 19.15M | 5.43M | 5.80M | 6.32M | 3.73M | 4.04M |
Total assets | 141.67M | 182.74M | 228.13M | 632.54M | 50.67M | 11.80M | 16.11M | 10.23M | 14.64M | 4.95M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 4.71M | 3.37M | 14.75M | 0 | 303K | 406K | 54.40K | 0 | 0 | 0 |
Short term debt | 27.30M | 1.28M | 363.71K | 1.41M | 9.85M | 1.34M | 381.49K | 79.52K | 16.30M | 1.27M |
Total current liabilities | 53.28M | 63.31M | 27.55M | 17.59M | 37.27M | 18.91M | 7.15M | 4.33M | 18.42M | 3.26M |
| Non-current liabilities: | ||||||||||
Long term debt | 5.28M | 8.84M | 25.89M | 197.7M | 29.16M | 8.31M | 6.47M | 2.08M | 0 | 2.49M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 2.00M | 0 | 207.04K | 19.14M | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 5.28M | 10.84M | 25.89M | 219.74M | 48.31M | 8.31M | 6.47M | 2.08M | 17.91M | 2.49M |
Total liabilities | 58.56M | 74.15M | 53.44M | 237.33M | 85.58M | 27.22M | 13.62M | 6.42M | 18.42M | 5.76M |
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