Workhorse Group Inc
Workhorse Group, Inc. designs and manufactures electric trucks and related fleet charging solutions. The company provides electric trucks for medium-duty fleet applications, including the Argo electric truck and Argo chassis, which integrate proprietary battery, drivetrain, and cab systems. It offers the Argo LFP battery with control signals, multiple pack configurations, and a range suitable for… Read more
Workhorse Group Inc (WKHS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.343x
Based on the latest financial reports, Workhorse Group Inc (WKHS) has a cash flow conversion efficiency ratio of -0.343x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-10.99 Million) by net assets ($32.07 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Workhorse Group Inc - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Workhorse Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Workhorse Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Workhorse Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Lipidor Ab
ST:LIPI
|
-0.274x |
|
24SevenOffice Scandinavia AB
ST:247
|
-0.112x |
|
Hung Thinh Incons JSC
VN:HTN
|
N/A |
|
Coal Energy S.A.
WAR:CLE
|
0.080x |
|
Soligenix Inc.
NASDAQ:SNGX
|
-0.386x |
|
Luo Lih Fen Holding Co Ltd
TW:6666
|
0.012x |
|
K Seng Seng Corporation Bhd
KLSE:5192
|
0.144x |
|
Barloworld Ltd
JSE:BAW
|
0.282x |
Annual Cash Flow Conversion Efficiency for Workhorse Group Inc (2007–2024)
The table below shows the annual cash flow conversion efficiency of Workhorse Group Inc from 2007 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $44.29 Million | $-47.59 Million | -1.075x | +27.41% |
| 2023-12-31 | $83.11 Million | $-123.02 Million | -1.480x | -71.32% |
| 2022-12-31 | $108.59 Million | $-93.82 Million | -0.864x | -13.85% |
| 2021-12-31 | $174.69 Million | $-132.58 Million | -0.759x | -326.77% |
| 2020-12-31 | $395.20 Million | $-70.28 Million | -0.178x | -116.84% |
| 2019-12-31 | $-34.91 Million | $-36.87 Million | 1.056x | -25.13% |
| 2018-12-31 | $-15.42 Million | $-21.75 Million | 1.411x | +109.08% |
| 2017-12-31 | $2.49 Million | $-38.66 Million | -15.533x | -211.48% |
| 2016-12-31 | $3.82 Million | $-19.03 Million | -4.987x | -329.50% |
| 2015-12-31 | $-3.78 Million | $-8.22 Million | 2.173x | -60.63% |
| 2014-12-31 | $-809.39K | $-4.47 Million | 5.518x | +285.01% |
| 2013-12-31 | $-1.91 Million | $-2.73 Million | 1.433x | +68.00% |
| 2012-12-31 | $-2.58 Million | $-2.20 Million | 0.853x | -77.41% |
| 2011-12-31 | $-1.56 Million | $-5.88 Million | 3.777x | -67.41% |
| 2010-12-31 | $-280.50K | $-3.25 Million | 11.592x | +369.73% |
| 2009-12-31 | $-503.71K | $-1.24 Million | 2.468x | +73.64% |
| 2008-12-31 | $-19.41K | $-27.59K | 1.421x | -87.92% |
| 2007-12-31 | $1.30K | $15.29K | 11.762x | -- |