Worksport Stock Today

WKSP Stock  USD 2.21  0.14  5.96%   

Performance

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Weak
 
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Odds Of Distress

Risky

 
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Worksport is selling at 2.21 as of the 6th of January 2026; that is 5.96 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 2.21. Worksport has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 11th of January 2025 and ending today, the 6th of January 2026. Click here to learn more.
Business Domain
Automobiles & Components
IPO Date
15th of July 2003
Category
Consumer Cyclical
Classification
Consumer Discretionary
Worksport Ltd., through its subsidiary, designs, manufactures, and distributes truck tonneau covers in Canada and the United States. The company was formerly known as Franchise Holdings International, Inc. and changed its name to Worksport Ltd. in May 2020. The company has 8.25 M outstanding shares of which 577.11 K shares are at this time shorted by private and institutional investors with about 2.8 trading days to cover. More on Worksport

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Worksport Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Thematic IdeaSport Products (View all Themes)
Business ConcentrationAutomotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, Sport Products, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.360.38
Notably Down
Slightly volatile
Total Current Liabilities3.8 M3.6 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total6.2 M5.9 M
Sufficiently Up
Slightly volatile
Total Assets31.1 M29.6 M
Sufficiently Up
Slightly volatile
Total Current Assets12.7 M12 M
Sufficiently Up
Slightly volatile
Debt Levels
Worksport can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Worksport's financial leverage. It provides some insight into what part of Worksport's total assets is financed by creditors.
Liquidity
Worksport currently holds 5.62 M in liabilities with Debt to Equity (D/E) ratio of 0.24, which may suggest the company is not taking enough advantage from borrowing. Worksport has a current ratio of 10.37, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Worksport's use of debt, we should always consider it together with its cash and equity.

Net Income

(13.82 Million)
Worksport (WKSP) is traded on NASDAQ Exchange in USA and employs 80 people. Worksport is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 19.4 M. Worksport conducts business under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 8.25 M outstanding shares of which 577.11 K shares are at this time shorted by private and institutional investors with about 2.8 trading days to cover. Worksport currently holds about 20.94 M in cash with (10.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.23.
Check Worksport Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Worksport is $19.4 Million. Worksport maintains 3.96 (%) of its outstanding shares held by insiders and 5.55 (%) owned by institutional investors. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Worksport Ownership Details

Worksport Stock Institutional Holders

InstituionRecorded OnShares
Huntington National Bank2025-06-30
257
Blackrock Inc2025-06-30
111
Royal Bank Of Canada2025-06-30
67.0
Bank Of America Corp2025-06-30
52.0
Sbi Securities Co Ltd2025-06-30
16.0
Morgan Stanley - Brokerage Accounts2025-06-30
7.0
State Street Corp2025-03-31
0.0
Susquehanna International Group, Llp2025-06-30
0.0
Jane Street Group Llc2025-03-31
0.0
Armistice Capital, Llc2025-06-30
246.5 K
Vanguard Group Inc2025-06-30
65.2 K
View Worksport Diagnostics

Worksport Historical Income Statement

At this time, Worksport's Depreciation And Amortization is relatively stable compared to the past year. As of 01/06/2026, Selling And Marketing Expenses is likely to grow to about 2.9 M, though EBITDA is likely to grow to (11.7 M). View More Fundamentals

Worksport Stock Against Markets

Worksport Corporate Management

Nilay ChoksiGeneral CounselProfile
Steven RossiPresident, ChairmanProfile
Chris BernaudoChief OfficerProfile
Steven RaivioExecutive SalesProfile

Already Invested in Worksport?

The danger of trading Worksport is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Worksport is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Worksport. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Worksport is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

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.