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Workhorse Group Inc
NASDAQ:WKHS

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Workhorse Group Inc
NASDAQ:WKHS
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Price: 3.36 USD -0.3% Market Closed
Market Cap: $29.6m

Bankruptcy Probability

Workhorse Group Inc's probability of bankruptcy is 2.9%, pointing to a small but noticeable default risk. The solvency score is 40/100 — a warning sign of potential financial weakness.

We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.

Moderate
Probability of Bankruptcy

Financial Position

Cash & ST Investments
+
3Y
-89%
5Y
-84%
10Y
+12 626%
Long-Term Investments
+
3Y
-
5Y
-
10Y
-
Debt
+
3Y
-
5Y
+6 353%
10Y
+1 598%

Solvency Ratios

Solvency Ratios Comparison
Workhorse Group Inc Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
US
Workhorse Group Inc
NASDAQ:WKHS
29.7m USD
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US
Tesla Inc
NASDAQ:TSLA
1.5T USD
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JP
Toyota Motor Corp
TSE:7203
51.4T JPY
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CN
BYD Co Ltd
SZSE:002594
883.7B CNY
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KR
Hyundai Motor Co
KRX:005380
175.4T KRW
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DE
Mercedes Benz Group AG
MIL:MBG
75.3B EUR
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DE
Daimler AG
XETRA:DAI
67.5B EUR
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IT
Ferrari NV
MIL:RACE
60.1B EUR
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US
General Motors Co
NYSE:GM
70B USD
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DE
Bayerische Motoren Werke AG
XETRA:BMW
51.8B EUR
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DE
Mercedes-Benz Group AG
XETRA:MBG
50B EUR
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No Stocks Found
Is Workhorse Group Inc at risk of bankruptcy?

Workhorse Group Inc's probability of bankruptcy is 2.9%, pointing to a small but noticeable default risk.

The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Workhorse Group Inc have?

As of the latest report, Workhorse Group Inc has total debt of 32.3m USD. This includes both short-term (27.1m USD) and long-term (5.1m USD) debt.

You can find a full breakdown on its Balance Sheet.

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