WKHS (Workhorse Group) Interest Expense : $-25.86 Mil (TTM As of Mar. 2025)

View and export this data going back to 2009. Start your Free Trial

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 Mar. 2025 was $ -5.25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was $-25.86 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 Mar. 2025 was $ -12.84 Mil. Workhorse Group's Interest Expense for the three months ended in Mar. 2025 was $ -5.25 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 Historical Data

The historical data trend for Workhorse Group's Interest Expense can be seen below:

* 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.

* Premium members only.

Workhorse Group Interest Expense Chart

Workhorse Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-12.53

-6.74

-1.84

-8.73

-22.24

Workhorse Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-1.17	-5.16	-8.32	-7.13	-5.25

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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-25.86 Mil.

Workhorse Group (NAS:WKHS) Interest Expense Explanation

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 Mar. 2025 was $-5.25 Mil. Its Operating Income for the three months ended in Mar. 2025 was $-12.84 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was $3.70 Mil.

Workhorse Group's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Workhorse Group did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Workhorse Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Workhorse Group Inc (NAS:WKHS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

1WO:Germany

Address

3600 Park 42 Drive, Suite 160E, Sharonville, OH, USA, 45241

Website

https://www.workhorse.com

Workhorse Group Inc is a technology company with a vision to pioneer the transition to zero-emission commercial vehicles. Its focus is to provide sustainable and cost-effective solutions to the commercial transportation sector. It designs and manufactures all-electric delivery trucks and drone systems, including the technology that optimizes the way these vehicles operate. It's focused on a core competency of bringing electric delivery vehicle platforms to serve the last-mile delivery market. Its products are marketed under the Workhorse brand.

Executives

Richard F Dauch	director, officer: Chief Executive Officer	C/O SPARTAN MOTORS INC, 1541 REYNOLDS ROAD, CHARLOTTE MI 48813
Ryan Wesley Gaul	officer: President, Commercial Vehicles	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
James Peters	officer: VP, Supply Chain Management	100 COMMERCE STREET, LOVELAND OH 45140
Stanley Raymond March	officer: VP, Business Development	100 COMMERCE DRIVE, LOVELAND OH 45140
Robert M Ginnan	officer: Chief Financial Officer
Joshua Joseph Anderson	officer: Chief Technology Officer	100 COMMERCE DRIVE, LOVELAND OH 45140
James D. Harrington	officer: Chief Administrative Officer	500 NORTH FIELD DRIVE, LAKE FOREST IL 60045
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
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
Harry Demott	director	C/O WORKHORSE GROUP INC.,, 100 COMMERCE DRIVE, LOVELAND OH 45140
Austin Scott Miller	director	100 COMMERCE STREET, LOVELAND OH 45140
Pamela S. Mader	director	2522 N 600 E, CRAIGVILLE IN 46731