Workhorse Depreciation And Amortization from 2010 to 2024

WKHS Stock  USD 1.01  0.02  1.94%   
Workhorse Depreciation And Amortization yearly trend continues to be comparatively stable with very little volatility. Depreciation And Amortization is likely to outpace its year average in 2024. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2009-03-31
Previous Quarter
2.1 M
Current Value
1.9 M
Quarterly Volatility
488 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Workhorse financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Workhorse's main balance sheet or income statement drivers, such as Interest Expense of 9.2 M, Selling General Administrative of 56.1 M or Other Operating Expenses of 124.3 M, as well as many indicators such as Price To Sales Ratio of 5.41, Dividend Yield of 767 or PTB Ratio of 0.85. Workhorse financial statements analysis is a perfect complement when working with Workhorse Valuation or Volatility modules.
  
Check out the analysis of Workhorse Correlation against competitors.

Latest Workhorse's Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Workhorse Group over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Workhorse's Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Workhorse's overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Workhorse Depreciation And Amortization Regression Statistics

Arithmetic Mean1,132,614
Geometric Mean474,009
Coefficient Of Variation129.49
Mean Deviation1,166,021
Median388,006
Standard Deviation1,466,617
Sample Variance2.2T
Range4.2M
R-Value0.83
Mean Square Error723.7B
R-Squared0.69
Significance0.0001
Slope271,937
Total Sum of Squares30.1T

Workhorse Depreciation And Amortization History

20244.3 M
20234.1 M
2022M
20211.9 M
2020809.6 K
2019388.4 K
2018348.3 K

About Workhorse Financial Statements

Workhorse shareholders use historical fundamental indicators, such as Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although Workhorse investors may analyze each financial statement separately, they are all interrelated. The changes in Workhorse's assets and liabilities, for example, are also reflected in the revenues and expenses on on Workhorse's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Depreciation And Amortization4.1 M4.3 M

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Additional Tools for Workhorse Stock Analysis

When running Workhorse's price analysis, check to measure Workhorse's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Workhorse is operating at the current time. Most of Workhorse's value examination focuses on studying past and present price action to predict the probability of Workhorse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workhorse's price. Additionally, you may evaluate how the addition of Workhorse to your portfolios can decrease your overall portfolio volatility.