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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) Debt Ratio (2016 - 2025)

Worksport (WKSP) has disclosed Debt Ratio for 10 consecutive years, with 0.12 as the latest value for Q3 2025.

  • On a quarterly basis, Debt Ratio fell 42.91% to 0.12 in Q3 2025 year-over-year; TTM through Sep 2025 was 0.12, a 42.91% decrease, with the full-year FY2024 number at 0.19, down 4.79% from a year prior.
  • Debt Ratio was 0.12 for Q3 2025 at Worksport, up from 0.1 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.22 in Q3 2023 to a low of 0.0 in Q3 2021.
  • A 5-year average of 0.13 and a median of 0.15 in 2022 define the central range for Debt Ratio.
  • Peak YoY movement for Debt Ratio: tumbled 97.3% in 2021, then surged 3211.64% in 2022.
  • Worksport's Debt Ratio stood at 0.0 in 2021, then skyrocketed by 3211.64% to 0.16 in 2022, then grew by 25.15% to 0.2 in 2023, then fell by 4.79% to 0.19 in 2024, then crashed by 37.28% to 0.12 in 2025.
  • Per Business Quant, the three most recent readings for WKSP's Debt Ratio are 0.12 (Q3 2025), 0.1 (Q2 2025), and 0.11 (Q1 2025).