Worksport (WKSP) Debt Ratio (2016 - 2026)
Worksport (WKSP) reported Debt Ratio of 0.17 for Q1 2026, up 56.11% year-over-year from 0.11 in Q1 2025, and up 100.16% quarter-over-quarter from 0.09 in Q4 2025.
Worksport (WKSP) Debt Ratio (2016 - 2026) Analysis & Trends
Worksport (WKSP) has 11 years of Debt Ratio data on file, last reported at 0.17 in Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.17, up 56.11% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.17 (up 56.11% YoY), and the FY2025 annual result was 0.09, down 55.84% from the prior year.
- Debt Ratio grew to 0.17 in Q1 2026 per WKSP's latest filing, from 0.09 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.22 in Q3 2023 and troughed at 0.01 in Q1 2022.
- A 5-year average of 0.15 and a median of 0.17 in 2026 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2023 and 2025: Debt Ratio jumped 3148.19% in 2023, then slumped 70.35% in 2025.
- A 5-year view of Debt Ratio shows it stood at 0.16 in 2022, then rose by 25.15% to 0.2 in 2023, then declined by 4.79% to 0.19 in 2024, then sank by 55.84% to 0.09 in 2025, then surged by 100.16% to 0.17 in 2026.
- Business Quant data shows WKSP's Debt Ratio at 0.17 in Q1 2026, 0.09 in Q4 2025, and 0.12 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 0.37 |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 0.43 |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 0.25 |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 0.28 |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 0.22 |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 0.37 |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | - |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 0.15 |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 0.49 |
| 10 | Worksport | 6.27 Mn | 5.71 Mn | 853,946.00 | 0.17 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.17 |
| Dec 31, 2025 | 0.09 |
| Sep 30, 2025 | 0.12 |
| Jun 30, 2025 | 0.06 |
| Mar 31, 2025 | 0.11 |
| Dec 31, 2024 | 0.19 |
| Sep 30, 2024 | 0.21 |
| Jun 30, 2024 | 0.19 |
| Mar 31, 2024 | 0.19 |
| Dec 31, 2023 | 0.20 |
| Sep 30, 2023 | 0.22 |
| Jun 30, 2023 | 0.20 |
| Mar 31, 2023 | 0.18 |
| Dec 31, 2022 | 0.16 |
| Sep 30, 2022 | 0.15 |
| Jun 30, 2022 | 0.14 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.01 |
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | 0.01 |