Worksport Net Working Capital from 2010 to 2025

WKSP Stock  USD 0.99  0.04  3.88%   
Worksport Net Working Capital yearly trend continues to be relatively stable with very little volatility. Net Working Capital is likely to drop to about 2.1 M. During the period from 2010 to 2025, Worksport Net Working Capital destribution of quarterly values had r-value of  0.35 from its regression line and median of  178,890. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
2.3 M
Current Value
2.1 M
Quarterly Volatility
8.6 M
 
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 744.1 K, Selling General Administrative of 16.3 M or Other Operating Expenses of 19.6 M, as well as many indicators such as Price To Sales Ratio of 21.16, Dividend Yield of 0.0 or PTB Ratio of 1.24. 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 Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Worksport over the last few years. It is Worksport's Net Working Capital 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.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Worksport Net Working Capital Regression Statistics

Arithmetic Mean3,406,098
Coefficient Of Variation253.73
Mean Deviation5,161,675
Median178,890
Standard Deviation8,642,149
Sample Variance74.7T
Range33.3M
R-Value0.35
Mean Square Error70T
R-Squared0.12
Significance0.18
Slope641,502
Total Sum of Squares1120.3T

Worksport Net Working Capital History

20252.1 M
20242.3 M
2023M
202215.9 M
202132.2 M
2020-33.3 K
2019-1.1 M

About Worksport Financial Statements

Worksport shareholders use historical fundamental indicators, such as Net Working Capital, 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
Net Working Capital2.3 M2.1 M

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.