Workhorse Group Inc Tangible Net Worth Ratio
Workhorse Group Inc tangible net worth ratio. Workhorse Group Inc (WKHS) has a Tangible Net Worth Ratio of -38.0% as of June 2026. This metric is calculated by deducting intangible assets ($9.90 Million) from net assets ($7.18 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check Workhorse Group Inc (WKHS) strategic asset index to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Workhorse Group Inc (2007–2025)
Tangible net worth ratio of Workhorse Group Inc from 2007 to 2025. This chart shows how Workhorse Group Inc's Tangible Net Worth Ratio has changed across 9 annual periods from 2007 to 2025. As of June 2026, the ratio stands at -38.0%, reflecting net assets of $7.18 Million with intangible assets of $9.90 Million USD. See how liquid is Workhorse Group Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Workhorse Group Inc Tangible Net Worth Ratio by Year (2007–2025)
Workhorse Group Inc tangible net worth ratio by year from 2007 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Workhorse Group Inc from 2007 to 2025, covering 9 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Workhorse Group Inc stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 76.3% | $43.04 Million | $10.18 Million | $117.89 Million | ▼ -23.7 pp |
| 2024 | 100.0% | $44.29 Million | $0.00 | $93.84 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $83.11 Million | $0.00 | $141.67 Million | ▲ +0.0 pp |
| 2022 | 100.0% | $108.59 Million | $0.00 | $182.74 Million | ▲ +0.0 pp |
| 2021 | 100.0% | $174.69 Million | $0.00 | $228.14 Million | ▲ +0.0 pp |
| 2020 | 100.0% | $395.20 Million | $0.00 | $632.54 Million | ▲ +0.0 pp |
| 2017 | 100.0% | $3.13 Million | $0.00 | $16.12 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $3.82 Million | $0.00 | $10.24 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $1.30K | $0.00 | $18.39K | — |