Worksport Total Debt To Capitalization from 2010 to 2025

WKSP Stock  USD 0.90  0.03  3.23%   
Worksport Total Debt To Capitalization yearly trend continues to be relatively stable with very little volatility. Total Debt To Capitalization is likely to grow to 0.24 this year. During the period from 2010 to 2025, Worksport Total Debt To Capitalization destribution of quarterly values had r-value of  0.02 from its regression line and median of  0.45. View All Fundamentals
 
Total Debt To Capitalization  
First Reported
2010-12-31
Previous Quarter
0.23
Current Value
0.24
Quarterly Volatility
1.20136571
 
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 Total Debt To Capitalization Growth Pattern

Below is the plot of the Total Debt To Capitalization of Worksport over the last few years. It is Worksport's Total Debt To Capitalization 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.
Total Debt To Capitalization10 Years Trend
Very volatile
   Total Debt To Capitalization   
       Timeline  

Worksport Total Debt To Capitalization Regression Statistics

Arithmetic Mean0.50
Coefficient Of Variation240.10
Mean Deviation0.75
Median0.45
Standard Deviation1.20
Sample Variance1.44
Range5.8539
R-Value0.02
Mean Square Error1.55
R-Squared0.0005
Significance0.94
Slope0.01
Total Sum of Squares21.65

Worksport Total Debt To Capitalization History

2025 0.24
2024 0.23
2023 0.26
2022 0.22
2021 0.0245
2020 0.81
2019 -0.68

About Worksport Financial Statements

Worksport shareholders use historical fundamental indicators, such as Total Debt To Capitalization, 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
Total Debt To Capitalization 0.23  0.24 

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.