Workhorse Net Interest Income from 2010 to 2024

WKHS Stock  USD 1.01  0.02  1.94%   
Workhorse Net Interest Income yearly trend continues to be comparatively stable with very little volatility. Net Interest Income is likely to outpace its year average in 2024. Net Interest Income is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. View All Fundamentals
 
Net Interest Income  
First Reported
2019-03-31
Previous Quarter
-5.2 M
Current Value
-8.3 M
Quarterly Volatility
44.5 M
 
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 Net Interest Income Growth Pattern

Below is the plot of the Net Interest Income of Workhorse Group over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Workhorse's Net Interest Income 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.
Net Interest Income10 Years Trend
Pretty Stable
   Net Interest Income   
       Timeline  

Workhorse Net Interest Income Regression Statistics

Arithmetic Mean(3,000,142)
Coefficient Of Variation(275.52)
Mean Deviation5,302,275
Median(44,036)
Standard Deviation8,266,122
Sample Variance68.3T
Range32.7M
R-Value(0.16)
Mean Square Error71.8T
R-Squared0.02
Significance0.58
Slope(289,409)
Total Sum of Squares956.6T

Workhorse Net Interest Income History

20243.6 M
20233.4 M
2022-332.7 K
2021-6.7 M
2020-12.9 M
2019-29.1 M
2018-2.4 M

About Workhorse Financial Statements

Workhorse shareholders use historical fundamental indicators, such as Net Interest Income, 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
Net Interest Income3.4 M3.6 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.