Workhorse Group Inc (WKHS) — Cash Flow Quality Index

Latest as of December 2020: -0.12x

Workhorse Group Inc (WKHS) has a Cash Flow Quality Index of -0.12x as of December 2020. Operating cash flow of $-32.64 Million is below net income of $280.48 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Workhorse Group Inc service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.12x
Operating CF / Net Income

Operating Cash Flow

$-32.64 Million
USD

Net Income

$280.48 Million
USD

Data as of

Dec 2020
Most recent filing

Workhorse Group Inc Cash Flow Quality Index (2020–2020)

Historical Cash Flow Quality Index for Workhorse Group Inc across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Workhorse Group Inc (WKHS) cash conversion ratio.

Annual Cash Flow Quality Index for Workhorse Group Inc (2020–2020)

Year-by-year earnings quality comparison for Workhorse Group Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2020 -1.01x $-70.28 Million $69.78 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.