Workhorse Group's Total Assets for the quarter that ended in Dec. 2024 was $93.84 Mil.
During the past 12 months, Workhorse Group's average Total Assets Growth Rate was -22.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 50.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 41.50% per year.
During the past 13 years, Workhorse Group's highest 3-Year average Total Assets Growth Rate was 261.10%. The lowest was -41.70%. And the median was 46.00%.
The historical data trend for Workhorse Group's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Workhorse Group's Total Assets for the fiscal year that ended in Dec. 2024 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.
Workhorse Group (NAS:WKHS) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Workhorse Group's Asset Turnover for the quarter that ended in Dec. 2024 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Workhorse Group Total Assets Related Terms
Thank you for viewing the detailed overview of Workhorse Group's Total Assets 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WKHS has been successfully added to your 