Workhorse Group Inc (WKHS) - Total Assets
Based on the latest financial reports, Workhorse Group Inc (WKHS) holds total assets worth $117.89 Million USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check WKHS total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Workhorse Group Inc - Total Assets Trend (2007–2025)
This chart illustrates how Workhorse Group Inc's total assets have evolved over time, based on quarterly financial data. Explore WKHS long-term investments to assets to see how much of total assets are deployed in long-term investments.
Workhorse Group Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Workhorse Group Inc's total assets of $117.89 Million consist of 50.7% current assets and 49.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.0% |
| Accounts Receivable | $3.89 Million | 3.3% |
| Inventory | $39.06 Million | 33.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $10.18 Million | 8.6% |
| Goodwill | $3.13 Million | 2.7% |
Asset Composition Trend (2007–2025)
This chart illustrates how Workhorse Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market value of Workhorse Group Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Workhorse Group Inc's current assets represent 50.7% of total assets in 2025, an increase from 16.9% in 2007.
- Cash Position: Cash and equivalents constituted 11.0% of total assets in 2025, up from 0.0% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is inventory at 33.1% of total assets.
Workhorse Group Inc Competitors by Total Assets
Key competitors of Workhorse Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Kia Corp
KO:000270
|
Korea | ₩98.98 Trillion |
|
Bayerische Motoren Werke Aktiengesellschaft
XETRA:BMW
|
Germany | €261.97 Billion |
|
Rivian Automotive Inc
NASDAQ:RIVN
|
USA | $14.23 Billion |
|
SAIC Motor Corp Ltd
SHG:600104
|
China | CN¥937.95 Billion |
|
Great Wall Motor Co Ltd
SHG:601633
|
China | CN¥226.82 Billion |
|
Li Auto Inc
NASDAQ:LI
|
USA | $153.12 Billion |
|
FORD OTOMOT.SAN.ADR/5 TN1
F:FO9A
|
Germany | €458.58 Billion |
|
Zhejiang Qianjiang Motorcycle Co Ltd
SHE:000913
|
China | CN¥9.77 Billion |
Workhorse Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.54 | 1.18 | 26.63 |
| Quick Ratio | 0.53 | 0.26 | 24.88 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $20.97 Million | $8.20 Million | $449.86 Million |
Workhorse Group Inc - Advanced Valuation Insights
This section examines the relationship between Workhorse Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.89 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | 25.6% |
| Total Assets | $117.89 Million |
| Market Capitalization | $33.01 Million USD |
Valuation Analysis
Below Book Valuation: The market values Workhorse Group Inc's assets below their book value (0.28x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Workhorse Group Inc's assets grew by 25.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Workhorse Group Inc (2007–2025)
The table below shows the annual total assets of Workhorse Group Inc from 2007 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $117.89 Million | +25.63% |
| 2024-12-31 | $93.84 Million | -33.76% |
| 2023-12-31 | $141.67 Million | -22.47% |
| 2022-12-31 | $182.74 Million | -19.90% |
| 2021-12-31 | $228.14 Million | -63.93% |
| 2020-12-31 | $632.54 Million | +1148.26% |
| 2019-12-31 | $50.67 Million | +329.27% |
| 2018-12-31 | $11.80 Million | -26.76% |
| 2017-12-31 | $16.12 Million | +57.41% |
| 2016-12-31 | $10.24 Million | -30.06% |
| 2015-12-31 | $14.64 Million | +195.67% |
| 2014-12-31 | $4.95 Million | +2.08% |
| 2013-12-31 | $4.85 Million | +2098.07% |
| 2012-12-31 | $220.69K | -50.95% |
| 2011-12-31 | $449.89K | -15.01% |
| 2010-12-31 | $529.36K | +564.24% |
| 2009-12-31 | $79.69K | +71.84% |
| 2008-12-31 | $46.38K | +152.18% |
| 2007-12-31 | $18.39K | -- |
About Workhorse Group Inc
Workhorse Group, Inc. design and manufacture electric delivery trucks and drone systems solutions. The company provides step vans and stripped chassis; stripped chassis; shuttle bus, school bus, box truck, and work truck; workhorse connect, a remote data management system; telematics and charging infrastructure solutions; after-sales vehicle services; body shop and parts; and assembly services. I… Read more