Worksport Pretax Profit Margin from 2010 to 2024

WKSP Stock  USD 0.59  0.02  3.28%   
Worksport Pretax Profit Margin yearly trend continues to be relatively stable with very little volatility. Pretax Profit Margin is likely to drop to -10.25. During the period from 2010 to 2024, Worksport Pretax Profit Margin destribution of quarterly values had r-value of (0.45) from its regression line and median of (3.43). View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
(9.76)
Current Value
(10.25)
Quarterly Volatility
27.30383264
 
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 Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Worksport over the last few years. It is Worksport's Pretax Profit Margin 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.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Worksport Pretax Profit Margin Regression Statistics

Arithmetic Mean(11.97)
Coefficient Of Variation(228.10)
Mean Deviation14.62
Median(3.43)
Standard Deviation27.30
Sample Variance745.50
Range108
R-Value(0.45)
Mean Square Error641.70
R-Squared0.20
Significance0.09
Slope(2.74)
Total Sum of Squares10,437

Worksport Pretax Profit Margin History

2024 -10.25
2023 -9.76
2022 -107.59
2021 -26.0
2020 -3.43
2019 -0.22
2018 -3.66

About Worksport Financial Statements

Worksport shareholders use historical fundamental indicators, such as Pretax Profit Margin, 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
Pretax Profit Margin(9.76)(10.25)

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.