What is Workhorse Group Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Workhorse Group's interest expense for the
three
months ended in Dec. 2023 was $ -10.20 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-10.20 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Workhorse Group's Operating Income for the
three
months ended in Dec. 2023 was $ -35.17 Mil. Workhorse Group's Interest Expense for the
three
months ended in Dec. 2023 was $ -10.20 Mil.
Workhorse Group did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Workhorse Group Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.20 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Workhorse Group (NAS:WKHS) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Workhorse Group's Interest Expense for the
three
months ended in Dec. 2023 was $-10.20 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $-35.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $5.28 Mil.
Workhorse Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
| Workhorse Group did not have earnings to cover the interest expense. |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The higher the ratio, the stronger the company's financial strength is.
Workhorse Group (Workhorse Group) Business Description
Traded in Other Exchanges
Address
3600 Park 42 Drive, Suite 160E, Sharonville, OH, USA, 45241
Workhorse Group Inc is a technology company. It designs, develops, manufactures, and sells high-performance, medium-duty trucks with powertrain components under the Workhorse chassis brand. The company's products include trucks comprising powertrain and chassis. Its powertrain products include E-GEN and E-100. E-GEN is an electric drive, transmission-free system, which has a gasoline/propane or compressed natural gas (CNG) engine that functions as an auxiliary generator. E-100, an all-electric, medium-duty truck, is an electric power train. The company generates key revenue from the Automotive Revenue which consists of sales of any of its E-GEN or E-100 platforms.
Executives
| Jean Botti |
director |
3600 PARK 42 DRIVE, SUITE 160E, SHARONVILLE OH 45241 |
| Brandon Torres Declet |
director |
C/O MEASURE GLOBAL INC., 1701 RHODE ISLAND AVENUE NW, STE 05-103, WASHINGTON DC 20036 |
| Stanley Raymond March |
officer: VP, Business Development |
100 COMMERCE DRIVE, LOVELAND OH 45140 |
| Michael Laurence Clark |
director |
828 PRESIDENT STREET, BROOKLYN NY 11215 |
| Jacqueline A Dedo |
director |
3939 TECHNOLOGY DRIVE, MAUMEE OH 43537 |
| Raymond Joseph Chess |
director |
1084 ANDANTE CT, OXFORD MI 48370 |
| Richard F Dauch |
director, officer: Chief Executive Officer |
C/O SPARTAN MOTORS INC, 1541 REYNOLDS ROAD, CHARLOTTE MI 48813 |
| Harry Demott |
director |
C/O WORKHORSE GROUP INC.,, 100 COMMERCE DRIVE, LOVELAND OH 45140 |
| Austin Scott Miller |
director |
100 COMMERCE STREET, LOVELAND OH 45140 |
| James Peters |
officer: VP, Supply Chain Management |
100 COMMERCE STREET, LOVELAND OH 45140 |
| Pamela S. Mader |
director |
2522 N 600 E, CRAIGVILLE IN 46731 |
| Quigley William G Iii |
director |
|
| Joshua Joseph Anderson |
officer: Chief Technology Officer |
100 COMMERCE DRIVE, LOVELAND OH 45140 |
| Ryan Wesley Gaul |
officer: President, Commercial Vehicles |
21680 HAGGERTY ROAD, NORTHVILLE MI 48167 |
| John Wesley Graber |
officer: President, Aerospace |
C/O ABX AIR, INC., 145 HUNTER DRIVE, WILMINGTON OH 45039 |
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