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Workhorse Group (Workhorse Group) Total Current Liabilities : $53.28 Mil (As of Dec. 2023)


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What is Workhorse Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Workhorse Group's total current liabilities for the quarter that ended in Dec. 2023 was $53.28

Workhorse Group Total Current Liabilities Historical Data

The historical data trend for Workhorse Group's Total Current Liabilities 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 Total Current Liabilities Chart

Workhorse Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.04 17.60 27.55 63.31 53.28

Workhorse Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.31 65.16 58.09 25.87 53.28

Workhorse Group Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Workhorse Group's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=12.456+23.741
+Other Current Liabilities+Current Deferred Liabilities
=12.371+4.714
=53.28

Workhorse Group's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=12.456+23.741
+Other Current Liabilities+Current Deferred Liabilities
=12.371+4.714
=53.28

* 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 increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Workhorse Group Total Current Liabilities Related Terms

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Workhorse Group (Workhorse Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Workhorse Group Inc (NAS:WKHS) » Definitions » Total Current Liabilities
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EGOX CENN MULN SOLO FFIE NIU EVTV RIDEQ PEV ZAPP TSLA TSE:7203 SZSE:002594 XTER:MBG XTER:BMW STLA XTER:VOW3 MIL:RACE TSE:7267 F
Traded in Other Exchanges
WKHS:Mexico 1WO:Germany 1WO:Germany 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. 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