Workhorse (WKHS) Debt Ratio (2010 - 2025)
Workhorse's Debt Ratio came in at 0.23 for Q3 2025, up 78.7% from 0.13 a year earlier but down 41.7% from the prior quarter.
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Analysis
Workhorse (WKHS) Debt Ratio (2010 - 2025) Analysis & Trends
For FY2024, Workhorse's Debt Ratio was 2.11.
- Going back by year, Debt Ratio was 0.14 in FY2023 and 0.00 in FY2020.
- The five-year range for quarterly Debt Ratio is 0.00 (Q4 2020) to 2.11 (Q4 2024).
- Year-over-year, Debt Ratio has increased for three consecutive quarters.
- Business Quant data shows WKHS's Debt Ratio at 0.40 (Q2 2025), 0.39 (Q1 2025) and 2.11 (Q4 2024) in the three quarters before Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,251.93 Bn | 1,077.95 Bn | 4.75 Bn | 0.06 |
| 2 | Ferrari | 70.61 Bn | 63.10 Bn | 1.18 Bn | 0.31 |
| 3 | General Motors | 66.39 Bn | -38.23 Bn | 9.28 Bn | 0.45 |
| 4 | Ford Motor | 47.68 Bn | -94.81 Bn | 6.08 Bn | 0.56 |
| 5 | Honda Motor | 45.36 Bn | -104.45 Bn | 8.46 Bn | 0.41 |
| 6 | Toyota Motor | 24.76 Bn | -376.05 Bn | 20.95 Bn | 0.43 |
| 7 | Magna International | 18.14 Bn | 12.16 Bn | 1.61 Bn | - |
| 8 | Rivian Automotive | 16.69 Bn | -6.62 Bn | 179.00 Mn | 0.29 |
| 9 | Stellantis | 12.30 Bn | -152.34 Bn | 5.55 Bn | 0.17 |
| 10 | Workhorse | 28.55 Mn | -8.25 Mn | -7.47 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 0.23 |
| Jun 30, 2025 | 0.40 |
| Mar 31, 2025 | 0.39 |
| Dec 31, 2024 | 2.11 |
| Sep 30, 2024 | 0.13 |
| Jun 30, 2024 | 0.09 |
| Mar 31, 2024 | 0.07 |
| Dec 31, 2023 | 0.14 |
| Dec 31, 2020 | 0.00 |
| Sep 30, 2020 | 0.01 |
| Jun 30, 2020 | 0.03 |
| Mar 31, 2020 | 0.62 |
| Sep 30, 2019 | 0.52 |
| Jun 30, 2019 | 0.40 |
| Mar 31, 2019 | 0.96 |
| Dec 31, 2018 | 0.70 |
| Sep 30, 2018 | 0.34 |
| Jun 30, 2018 | 0.53 |
| Mar 31, 2018 | 0.51 |
| Dec 31, 2017 | 0.97 |
API Access
Workhorse Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=WKHS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "WKHS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=WKHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();