Worksport Research And Ddevelopement To Revenue from 2010 to 2025

WKSP Stock  USD 0.90  0.03  3.23%   
Worksport Research And Ddevelopement To Revenue yearly trend continues to be relatively stable with very little volatility. Research And Ddevelopement To Revenue is likely to grow to 0.07 this year. Research And Ddevelopement To Revenue is the ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services. View All Fundamentals
 
Research And Ddevelopement To Revenue  
First Reported
2010-12-31
Previous Quarter
0.0654
Current Value
0.0687
Quarterly Volatility
0.03126086
 
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 Research And Ddevelopement To Revenue Growth Pattern

Below is the plot of the Research And Ddevelopement To Revenue of Worksport over the last few years. It is the ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services. Worksport's Research And Ddevelopement To Revenue 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.
Research And Ddevelopement To Revenue10 Years Trend
Slightly volatile
   Research And Ddevelopement To Revenue   
       Timeline  

Worksport Research And Ddevelopement To Revenue Regression Statistics

Arithmetic Mean0.05
Geometric Mean0.03
Coefficient Of Variation60.94
Mean Deviation0.03
Median0.07
Standard Deviation0.03
Sample Variance0.001
Range0.0712
R-Value0.78
Mean Square Error0.0004
R-Squared0.61
Significance0.0004
Slope0.01
Total Sum of Squares0.01

Worksport Research And Ddevelopement To Revenue History

2025 0.0687
2024 0.0654
2015 0.0727
2013 0.008317
2012 0.001415

About Worksport Financial Statements

Worksport shareholders use historical fundamental indicators, such as Research And Ddevelopement To Revenue, 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
Research And Ddevelopement To Revenue 0.07  0.07 

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.