Workhorse (WKHS) Interest Coverage Ratio (2011 - 2020)

Workhorse has disclosed Interest Coverage Ratio across 8 years of filings, most recently posting 3.08 for Q4 2020.

• In Q4 2020, Interest Coverage Ratio fell 78.08% year-over-year to 3.08; the TTM figure through Sep 2021 stood at 16.33 (down 9513.78% YoY), while the FY2020 annual figure was 0.22, up 73.73% from the prior year.
• Interest Coverage Ratio retreated to 3.08 in Q4 2020, from 0.13 in the prior quarter.
• Over the last five years, Interest Coverage Ratio for WKHS reached as high as 7.92 in Q3 2018 and fell as low as 6969.2 in Q4 2016.
• The 5-year median for Interest Coverage Ratio is 11.2 (2018), against an average of 811.09.
• Annual changes were most pronounced in 2016 — Interest Coverage Ratio sank 114010.89% — and 2018, when it surged 101.72%.
• A 5-year view of Interest Coverage Ratio shows it stood at 6969.2 in 2016, then soared by 98.27% to 120.88 in 2017, then jumped by 94.1% to 7.13 in 2018, then soared by 75.72% to 1.73 in 2019, then slumped by 78.08% to 3.08 in 2020.
• According to Business Quant data, Interest Coverage Ratio over the past three periods registered 3.08, 0.13, and 0.06 for Q4 2020, Q3 2020, and Q2 2020 respectively.