Worksport Free Cash Flow Yield from 2010 to 2024

WKSP Stock  USD 0.60  0.01  1.69%   
Worksport Free Cash Flow Yield yearly trend continues to be relatively stable with very little volatility. Free Cash Flow Yield is likely to grow to -0.56 this year. Free Cash Flow Yield is a financial solvency ratio that compares the free cash flow per share Worksport is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share. View All Fundamentals
 
Free Cash Flow Yield  
First Reported
2010-12-31
Previous Quarter
(0.59)
Current Value
(0.56)
Quarterly Volatility
0.31404707
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Worksport financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Worksport's main balance sheet or income statement drivers, such as Interest Expense of 647 K, Selling General Administrative of 14.2 M or Other Operating Expenses of 17.1 M, as well as many indicators such as Price To Sales Ratio of 21.16, Dividend Yield of 0.0 or PTB Ratio of 1.38. Worksport financial statements analysis is a perfect complement when working with Worksport Valuation or Volatility modules.
  
Check out the analysis of Worksport Correlation against competitors.
To learn how to invest in Worksport Stock, please use our How to Invest in Worksport guide.

Latest Worksport's Free Cash Flow Yield Growth Pattern

Below is the plot of the Free Cash Flow Yield of Worksport over the last few years. It is a financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share. Worksport's Free Cash Flow Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Worksport's overall financial position and show how it may be relating to other accounts over time.
Free Cash Flow Yield10 Years Trend
Slightly volatile
   Free Cash Flow Yield   
       Timeline  

Worksport Free Cash Flow Yield Regression Statistics

Arithmetic Mean(0.22)
Coefficient Of Variation(145.00)
Mean Deviation0.22
Median(0.10)
Standard Deviation0.31
Sample Variance0.1
Range1.121
R-Value(0.69)
Mean Square Error0.06
R-Squared0.47
Significance0
Slope(0.05)
Total Sum of Squares1.38

Worksport Free Cash Flow Yield History

2024 -0.56
2023 -0.59
2022 -1.13
2021 -0.19
2020 -0.0907
2019 -0.0551
2018 -0.11

About Worksport Financial Statements

Worksport shareholders use historical fundamental indicators, such as Free Cash Flow Yield, to determine how well the company is positioned to perform in the future. Although Worksport investors may analyze each financial statement separately, they are all interrelated. The changes in Worksport's assets and liabilities, for example, are also reflected in the revenues and expenses on on Worksport's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Free Cash Flow Yield(0.59)(0.56)

Additional Tools for Worksport Stock Analysis

When running Worksport's price analysis, check to measure Worksport's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worksport is operating at the current time. Most of Worksport's value examination focuses on studying past and present price action to predict the probability of Worksport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worksport's price. Additionally, you may evaluate how the addition of Worksport to your portfolios can decrease your overall portfolio volatility.