Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Workhorse Group's annualizedGross Profit for the quarter that ended in Sep. 2024 was $-16.53 Mil.
Workhorse Group's average Total Assets over the quarter that ended in Sep. 2024 was $103.40 Mil. Therefore, Workhorse Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was -15.99%.
Workhorse Group Gross-Profit-to-Asset % Historical Data
The historical data trend for Workhorse Group's Gross-Profit-to-Asset % 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.
Competitive Comparison of Workhorse Group's Gross-Profit-to-Asset %
For the Auto Manufacturers subindustry, Workhorse Group's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Workhorse Group's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Workhorse Group's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Workhorse Group's Gross-Profit-to-Asset % falls into.
Workhorse Group Gross-Profit-to-Asset % Calculation
Workhorse Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Sep. 2024) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Workhorse Group Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Workhorse Group's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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