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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

Worksport (WKSP) Asset Utilization Ratio (2016 - 2025)

Worksport (WKSP) has disclosed Asset Utilization Ratio for 12 consecutive years, with 0.56 as the latest value for Q3 2025.

  • On a quarterly basis, Asset Utilization Ratio rose 129.97% to 0.56 in Q3 2025 year-over-year; TTM through Sep 2025 was 0.56, a 129.97% increase, with the full-year FY2024 number at 0.33, up 530.08% from a year prior.
  • Asset Utilization Ratio was 0.56 for Q3 2025 at Worksport, up from 0.49 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.56 in Q3 2025 to a low of 0.0 in Q3 2022.
  • A 5-year average of 0.13 and a median of 0.04 in 2021 define the central range for Asset Utilization Ratio.
  • Peak YoY movement for Asset Utilization Ratio: plummeted 97.85% in 2021, then soared 2258.23% in 2024.
  • Worksport's Asset Utilization Ratio stood at 0.01 in 2021, then tumbled by 58.05% to 0.0 in 2022, then skyrocketed by 1677.87% to 0.06 in 2023, then surged by 453.57% to 0.33 in 2024, then soared by 68.54% to 0.56 in 2025.
  • Per Business Quant, the three most recent readings for WKSP's Asset Utilization Ratio are 0.56 (Q3 2025), 0.49 (Q2 2025), and 0.39 (Q1 2025).