Workhorse End Period Cash Flow vs Stock Based Compensation Analysis

WKHS Stock

USD 1.01 0.02 1.94%

Workhorse financial indicator trend analysis is more than just analyzing Workhorse Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Workhorse Group is a good investment. Please check the relationship between Workhorse End Period Cash Flow and its Stock Based Compensation accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workhorse Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

End Period Cash Flow vs Stock Based Compensation

End Period Cash Flow vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Workhorse Group End Period Cash Flow account and Stock Based Compensation. At this time, the significance of the direction appears to have weak relationship.

The correlation between Workhorse's End Period Cash Flow and Stock Based Compensation is 0.32. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Workhorse Group, assuming nothing else is changed. The correlation between historical values of Workhorse's End Period Cash Flow and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of Workhorse Group are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of End Period Cash Flow i.e., Workhorse's End Period Cash Flow and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.32

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

End Period Cash Flow

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Most indicators from Workhorse's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Workhorse Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workhorse Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

At this time, Workhorse's Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 68.7 M in 2024, despite the fact that Tax Provision is likely to grow to (105 K).

Workhorse fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Current Deferred Revenue	Net Debt	Cash	Cash And Short Term Investments	Short Term Investments	Other Current Assets	Short Term Debt	Property Plant And Equipment Net	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock
Total Assets		0.37	0.27	0.98	-0.27	0.33	0.94	0.15	0.2	0.63	0.92	0.54	0.95	0.95	0.91	0.88	0.31	0.48	0.48	0.15	0.92	-0.01	0.25	0.43	0.24	0.33
Other Current Liab	0.37		0.76	0.32	-0.58	0.45	0.18	0.15	0.75	0.38	0.17	0.57	0.45	0.52	0.21	0.34	-0.38	0.62	0.62	0.16	0.12	0.13	0.41	0.47	0.41	0.33
Total Current Liabilities	0.27	0.76		0.21	-0.88	0.79	0.12	0.02	0.65	0.15	0.04	0.83	0.37	0.39	0.17	0.24	-0.24	0.43	0.43	0.39	0.06	0.71	0.84	0.7	0.84	0.73
Total Stockholder Equity	0.98	0.32	0.21		-0.28	0.35	0.9	0.25	0.2	0.62	0.87	0.55	0.88	0.96	0.85	0.91	0.22	0.53	0.53	0.13	0.89	-0.08	0.24	0.44	0.24	0.34
Retained Earnings	-0.27	-0.58	-0.88	-0.28		-0.95	-0.06	-0.25	-0.58	-0.15	0.07	-0.95	-0.22	-0.44	-0.04	-0.38	0.41	-0.55	-0.55	-0.38	0.01	-0.62	-0.92	-0.83	-0.94	-0.88
Accounts Payable	0.33	0.45	0.79	0.35	-0.95		0.16	0.17	0.55	0.11	0.01	0.94	0.26	0.45	0.1	0.39	-0.27	0.46	0.46	0.47	0.11	0.55	0.93	0.8	0.94	0.86
Non Current Assets Total	0.94	0.18	0.12	0.9	-0.06	0.16		-0.14	0.08	0.46	0.97	0.34	0.94	0.78	0.96	0.69	0.61	0.15	0.15	0.11	1.0	-0.01	0.15	0.27	0.13	0.2
Non Currrent Assets Other	0.15	0.15	0.02	0.25	-0.25	0.17	-0.14		-0.13	0.66	-0.05	0.27	-0.03	0.41	-0.07	0.59	-0.73	0.83	0.83	0.13	-0.14	-0.19	-0.09	0.24	-0.03	0.12
Net Receivables	0.2	0.75	0.65	0.2	-0.58	0.55	0.08	-0.13		-0.19	-0.05	0.54	0.19	0.3	-0.05	0.07	-0.3	0.34	0.34	0.14	0.01	0.09	0.55	0.47	0.54	0.39
Common Stock Shares Outstanding	0.63	0.38	0.15	0.62	-0.15	0.11	0.46	0.66	-0.19		0.57	0.32	0.61	0.73	0.58	0.81	-0.16	0.7	0.7	0.12	0.46	-0.11	-0.09	0.21	-0.07	0.08
Non Current Liabilities Total	0.92	0.17	0.04	0.87	0.07	0.01	0.97	-0.05	-0.05	0.57		0.22	0.94	0.76	0.98	0.7	0.59	0.18	0.18	0.08	0.98	-0.07	-0.02	0.14	-0.04	0.05
Other Stockholder Equity	0.54	0.57	0.83	0.55	-0.95	0.94	0.34	0.27	0.54	0.32	0.22		0.47	0.67	0.31	0.6	-0.26	0.63	0.63	0.38	0.28	0.53	0.89	0.86	0.9	0.88
Total Liab	0.95	0.45	0.37	0.88	-0.22	0.26	0.94	-0.03	0.19	0.61	0.94	0.47		0.85	0.96	0.74	0.44	0.34	0.34	0.19	0.92	0.12	0.24	0.37	0.22	0.28
Total Current Assets	0.95	0.52	0.39	0.96	-0.44	0.45	0.78	0.41	0.3	0.73	0.76	0.67	0.85		0.77	0.96	-0.02	0.73	0.73	0.18	0.75	0.0	0.32	0.54	0.33	0.41
Short Long Term Debt Total	0.91	0.21	0.17	0.85	-0.04	0.1	0.96	-0.07	-0.05	0.58	0.98	0.31	0.96	0.77		0.7	0.59	0.19	0.19	0.14	0.96	0.09	0.1	0.23	0.08	0.17
Current Deferred Revenue	0.88	0.34	0.24	0.91	-0.38	0.39	0.69	0.59	0.07	0.81	0.7	0.6	0.74	0.96	0.7		-0.09	0.77	0.77	0.16	0.68	-0.05	0.21	0.49	0.23	0.37
Net Debt	0.31	-0.38	-0.24	0.22	0.41	-0.27	0.61	-0.73	-0.3	-0.16	0.59	-0.26	0.44	-0.02	0.59	-0.09		-0.68	-0.68	-0.01	0.63	0.1	-0.1	-0.22	-0.15	-0.14
Cash	0.48	0.62	0.43	0.53	-0.55	0.46	0.15	0.83	0.34	0.7	0.18	0.63	0.34	0.73	0.19	0.77	-0.68		1.0	0.14	0.12	-0.05	0.24	0.5	0.28	0.35
Cash And Short Term Investments	0.48	0.62	0.43	0.53	-0.55	0.46	0.15	0.83	0.34	0.7	0.18	0.63	0.34	0.73	0.19	0.77	-0.68	1.0		0.14	0.12	-0.05	0.24	0.5	0.28	0.35
Short Term Investments	0.15	0.16	0.39	0.13	-0.38	0.47	0.11	0.13	0.14	0.12	0.08	0.38	0.19	0.18	0.14	0.16	-0.01	0.14	0.14		0.09	0.36	0.4	0.51	0.39	0.49
Other Current Assets	0.92	0.12	0.06	0.89	0.01	0.11	1.0	-0.14	0.01	0.46	0.98	0.28	0.92	0.75	0.96	0.68	0.63	0.12	0.12	0.09		-0.05	0.09	0.22	0.07	0.15
Short Term Debt	-0.01	0.13	0.71	-0.08	-0.62	0.55	-0.01	-0.19	0.09	-0.11	-0.07	0.53	0.12	0.0	0.09	-0.05	0.1	-0.05	-0.05	0.36	-0.05		0.73	0.45	0.72	0.63
Property Plant And Equipment Net	0.25	0.41	0.84	0.24	-0.92	0.93	0.15	-0.09	0.55	-0.09	-0.02	0.89	0.24	0.32	0.1	0.21	-0.1	0.24	0.24	0.4	0.09	0.73		0.8	1.0	0.91
Common Stock Total Equity	0.43	0.47	0.7	0.44	-0.83	0.8	0.27	0.24	0.47	0.21	0.14	0.86	0.37	0.54	0.23	0.49	-0.22	0.5	0.5	0.51	0.22	0.45	0.8		0.81	0.96
Property Plant And Equipment Gross	0.24	0.41	0.84	0.24	-0.94	0.94	0.13	-0.03	0.54	-0.07	-0.04	0.9	0.22	0.33	0.08	0.23	-0.15	0.28	0.28	0.39	0.07	0.72	1.0	0.81		0.92
Common Stock	0.33	0.33	0.73	0.34	-0.88	0.86	0.2	0.12	0.39	0.08	0.05	0.88	0.28	0.41	0.17	0.37	-0.14	0.35	0.35	0.49	0.15	0.63	0.91	0.96	0.92

Click cells to compare fundamentals

Workhorse Account Relationship Matchups

Workhorse fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	50.7M	632.5M	228.1M	182.7M	141.7M	84.1M
Other Current Liab	25.4M	11.4M	19.3M	47.1M	8.8M	7.5M
Total Current Liabilities	47.0M	17.6M	27.6M	63.3M	53.3M	55.9M
Total Stockholder Equity	(34.9M)	395.2M	174.7M	108.6M	83.1M	45.7M
Retained Earnings	(178.8M)	(109.0M)	(510.4M)	(627.6M)	(751.6M)	(714.0M)
Accounts Payable	1.7M	4.8M	7.8M	10.2M	12.5M	13.1M
Non Current Assets Total	19.2M	342.0M	11.9M	43.4M	47.8M	34.0M
Non Currrent Assets Other	129.2K	94.7K	2.5M	176.3K	202.8K	192.6K
Net Receivables	41.0K	1.0M	149.8K	17.1M	4.5M	2.3M
Common Stock Shares Outstanding	64.3M	92.9M	128.7M	7.9M	10.4M	9.8M
Liabilities And Stockholders Equity	50.7M	632.5M	228.1M	182.7M	141.7M	84.1M
Non Current Liabilities Total	38.5M	219.7M	25.9M	10.8M	5.3M	5.0M
Other Stockholder Equity	146.5M	504.1M	686.3M	736.1M	834.4M	876.1M
Total Liab	85.6M	237.3M	53.4M	74.2M	58.6M	38.4M
Total Current Assets	31.5M	290.5M	216.2M	139.4M	93.8M	52.1M
Short Long Term Debt Total	58.2M	199.1M	26.3M	10.1M	29.0M	25.1M
Current Deferred Revenue	406K	303K	14.8M	3.4M	4.7M	2.5M
Net Debt	15.2M	152.3M	(175.4M)	(89.2M)	3.2M	3.3M
Cash	23.9M	46.8M	201.6M	99.3M	25.8M	28.3M
Cash And Short Term Investments	23.9M	46.8M	201.6M	99.3M	25.8M	28.3M
Other Current Assets	5.8M	227.2M	4.4M	14.2M	18.1M	19.0M
Short Term Debt	19.6M	1.4M	363.7K	2.6M	27.3M	28.7M
Property Plant And Equipment Net	6.8M	11.4M	9.4M	33.2M	47.7M	50.1M
Common Stock Total Equity	67.1K	121.9K	151.9K	165.6K	190.4K	200.0K
Property Plant And Equipment Gross	6.8M	11.4M	14.8M	38.6M	56.8M	59.7M
Accumulated Other Comprehensive Income	(2.4M)	(2.6M)	0.0	(1.4M)	(1.3M)	(1.3M)
Common Stock	67.1K	121.9K	151.9K	165.6K	286.0K	300.3K
Inventory	1.8M	15.5M	10.1M	8.9M	45.4M	47.7M
Net Tangible Assets	(34.9M)	395.2M	174.7M	108.6M	124.9M	62.6M
Long Term Debt	8.3M	19.4M	197.7M	24.7M	28.4M	32.2M
Retained Earnings Total Equity	(178.8M)	(109.0M)	(510.4M)	(627.6M)	(564.9M)	(536.6M)
Capital Surpluse	143.8M	504.1M	686.3M	736.1M	846.5M	888.8M
Property Plant Equipment	6.8M	11.4M	9.4M	21.5M	24.7M	26.0M
Short Long Term Debt	1.3M	19.6M	1.4M	20.2M	23.2M	24.4M
Other Assets	129.2K	330.7M	2.5M	176.3K	1.0	0.95
Net Invested Capital	4.1M	594.3M	199.4M	108.6M	103.3M	159.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC