Workhorse Group Inc (WKHS) - Cash Flow Conversion Efficiency
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. Read Workhorse Group Inc debt and liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
DIAMINES AND CHEMICALS ORD (BSE)
NSE:DIAMINESQ
|
-0.046x |
|
GFM Services Bhd
KLSE:0039
|
0.045x |
|
SHH Resources Holdings Bhd
KLSE:7412
|
0.008x |
|
RMG Acquisition Corp. III
NASDAQ:RMGCF
|
0.034x |
|
Dyadic International Inc
NASDAQ:DYAI
|
-0.710x |
|
Ekso Bionics Holdings Inc
NASDAQ:EKSO
|
-0.480x |
|
GLORY HEALTH IND. HD-001
F:84R
|
N/A |
|
Prestar Resources Bhd
KLSE:9873
|
0.038x |
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. For the full company profile with market capitalisation and key ratios, see Workhorse Group Inc market capitalisation.
| 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 | -- |
About 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