Workhorse Ret. on equity
What is the Ret. on equity of Workhorse?
The Ret. on equity of Workhorse Group Inc. is -145.05%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Miscellaneous sector on LSE compared to Workhorse
What does Workhorse do?
Workhorse Group Inc., a technology company, designs, manufactures, builds, and sells battery-electric vehicles and aircraft in the United States. The company also develops cloud-based and real-time telematics performance monitoring systems that enable fleet operators to optimize energy and route efficiency. It offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.
Companies with ret. on equity similar to Workhorse
- Outset Medical has Ret. on equity of -145.78%
- Guardant Health Cl. A has Ret. on equity of -145.58%
- Cordy Oilfield Services has Ret. on equity of -145.45%
- Surefire Resources NL has Ret. on equity of -145.42%
- Arcutis Biotherapeutics Inc has Ret. on equity of -145.41%
- Harte-Hanks has Ret. on equity of -145.13%
- Workhorse has Ret. on equity of -145.05%
- SPI Co Ltd has Ret. on equity of -144.74%
- Eclipse Gold Mining Corp has Ret. on equity of -144.62%
- Makheia Societe anonyme has Ret. on equity of -144.62%
- Freehill Mining has Ret. on equity of -144.35%
- BrainChip Ltd has Ret. on equity of -144.33%
- Caravel Minerals has Ret. on equity of -144.05%