Worksport (WKSP) Debt Ratio (2016 - 2026)

Worksport has disclosed Debt Ratio across 11 years of filings, most recently posting 0.17 for Q1 2026.

• In Q1 2026, Debt Ratio rose 56.11% year-over-year to 0.17; the TTM figure through Mar 2026 stood at 0.17 (up 56.11% YoY), while the FY2025 annual figure was 0.09, down 55.84% from the prior year.
• Debt Ratio climbed to 0.17 in Q1 2026, from 0.09 in the prior quarter.
• Over the last five years, Debt Ratio for WKSP reached as high as 0.22 in Q3 2023 and fell as low as 0.01 in Q1 2022.
• The 5-year median for Debt Ratio is 0.17 (2026), against an average of 0.15.
• Annual changes were most pronounced in 2023 — Debt Ratio jumped 3148.19% — and 2025, when it plunged 70.35%.
• 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 tumbled by 55.84% to 0.09 in 2025, then surged by 100.16% to 0.17 in 2026.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.17, 0.09, and 0.12 for Q1 2026, Q4 2025, and Q3 2025 respectively.