Worksport Ltd.
NASDAQ Capital MarketTotal Valuation
Worksport Ltd. carries a market capitalization of 7.66M, placing it among publicly traded companies globally. Its enterprise value stands at 20.97M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 7.66M |
| Enterprise Value | 20.97M |
Share Statistics
Worksport Ltd. currently has 15.28M shares outstanding.
| Shares Outstanding | 15.28M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
The price-to-sales ratio is 0.58, and the price-to-book ratio stands at 0.87.
| PE Ratio | N/A |
| PS Ratio | 0.58 |
| PB Ratio | 0.87 |
| P/TBV Ratio | 0.90 |
| P/FCF Ratio | -0.50 |
| P/OCF Ratio | -0.48 |
Enterprise Valuation
| EV / Sales | 1.15 |
| EV / EBITDA | N/A |
| EV / EBIT | N/A |
| EV / FCF | N/A |
Financial Position
Worksport Ltd. maintains a current ratio of 3.79, meaning it holds 3.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 28.70, indicating elevated leverage, while an interest coverage ratio of -36.78 demonstrates limited ability to service its debt obligations.
| Current Ratio | 3.79 |
| Quick Ratio | 0.63 |
| Debt / Equity | 28.70 |
| Debt / EBITDA | -0.29 |
| Interest Coverage | -36.78 |
Financial Efficiency
| Return on Equity (ROE) | -115.14 |
| Return on Assets (ROA) | -81.10 |
| Return on Invested Capital (ROIC) | N/A |
| Return on Capital Employed (ROCE) | N/A |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 1.43 |
Stock Price Statistics
Worksport Ltd.'s stock has declined approximately -86.27123% over the past 52 weeks. The 50-day moving average sits at 0.70, while the 200-day moving average is 1.31.
| Beta (5Y) | N/A |
| 52-Week Price Change | -86.27123% |
| 50-Day Moving Average | 0.70 |
| 200-Day Moving Average | 1.31 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Worksport Ltd. generated 18.30M in revenue and converted that into -20.95M in net income, yielding earnings per share of -2.15. EBITDA reached -18.70M, while operating income came in at -20.49M.
| Revenue | 18.30M |
| Gross Profit | 5.50M |
| Operating Income | -20.49M |
| Pretax Income | -20.95M |
| Net Income | -20.95M |
| EBITDA | -18.70M |
| EBIT | -20.49M |
| Earnings Per Share (EPS) | -2.15 |
Balance Sheet
Worksport Ltd. holds 1.16M in cash and equivalents against 5.47M in total debt, resulting in a net debt position of 4.10M. Total book value stands at 19.08M, with working capital of 10.96M providing operational flexibility.
| Cash & Cash Equivalents | 1.16M |
| Total Debt | 5.47M |
| Net Debt | 4.10M |
| Equity (Book Value) | 19.08M |
| Book Value Per Share | 1.25 |
| Working Capital | 10.96M |
Cash Flow
Worksport Ltd. produced -22.06M in operating cash flow over the past twelve months. After subtracting -790,733.00 in capital expenditures, free cash flow totaled -22.85M - equivalent to -2.35 per share.
| Operating Cash Flow | -22.06M |
| Capital Expenditures | -790,733.00 |
| Free Cash Flow | -22.85M |
| FCF Per Share | -2.35 |
Margins
Worksport Ltd. operates with a gross margin of 30.06, reflecting its pricing power and cost economics. The operating margin of -111.97 and net profit margin of -114.49 provide insight into operational efficiency.
| Gross Margin | 30.06 |
| Operating Margin | -111.97 |
| Pretax Margin | -114.49 |
| Profit Margin | -114.49 |
| EBITDA Margin | -102.19 |
Dividends & Yields
The company's payout ratio of -0.26 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 0.01 |
| Dividend Yield | N/A |
| Payout Ratio | -0.26 |
| Shareholder Yield | -24.79 |
| FCF Yield | -200.44 |
Stock Splits
Worksport Ltd.'s most recent stock split took place on March 18, 2025 with a 10:1 split ratio.
| Last Split Date | 3/18/2025 |
| Split Ratio | 10:1 |
Scores
Worksport Ltd. posts an Altman Z-Score of -4.99, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | -4.99 |