Worksport Retained Earnings from 2010 to 2025

WKSP Stock  USD 0.90  0.03  3.23%   
Worksport Retained Earnings yearly trend continues to be relatively stable with very little volatility. Retained Earnings are likely to grow to about -41.3 M this year. Retained Earnings is the cumulative amount of net income that Worksport retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2002-12-31
Previous Quarter
-56 M
Current Value
-60.2 M
Quarterly Volatility
13.9 M
 
Housing Crash
 
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 Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Worksport over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Worksport's Retained Earnings 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.
ViewLast Reported (48.31 M)10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Worksport Retained Earnings Regression Statistics

Arithmetic Mean(15,753,465)
Geometric Mean8,793,080
Coefficient Of Variation(104.06)
Mean Deviation13,571,188
Median(5,188,155)
Standard Deviation16,392,773
Sample Variance268.7T
Range47.7M
R-Value(0.87)
Mean Square Error70.3T
R-Squared0.76
Significance0.000012
Slope(2,993,646)
Total Sum of Squares4030.8T

Worksport Retained Earnings History

2025-41.3 M
2024-43.5 M
2023-48.3 M
2022-33.4 M
2021-20.8 M
2020-12.9 M
2019-10.8 M

About Worksport Financial Statements

Worksport shareholders use historical fundamental indicators, such as Retained Earnings, 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
Retained Earnings-43.5 M-41.3 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.