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% on a QoQ basis from 0.09 in Q4 2025.
Worksport (WKSP) has 11 years of Debt Ratio data on file, last reported at 0.17 in Q1 2026.
- Quarterly Debt Ratio rose 56.11% year-over-year to 0.17 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.17 (up 56.11% YoY) and the FY2025 annual result came in at 0.09, down 55.84% from the prior year.
- Debt Ratio advanced to 0.17 in Q1 2026 per WKSP's latest filing, from 0.09 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.22 in Q3 2023 and bottomed at 0.01 in Q1 2022.
- The 5-year median for Debt Ratio is 0.17 (2026), against an average of 0.15.
- The widest annual swing landed in 2023, when Debt Ratio surged 3148.19%; it then plunged 70.35% in 2025.
- Tracing WKSP's Debt Ratio over 5 years: stood at 0.16 in 2022, then grew by 25.15% to 0.2 in 2023, then slipped by 4.79% to 0.19 in 2024, then tumbled by 55.84% to 0.09 in 2025, then soared by 100.16% to 0.17 in 2026.
- Per Business Quant, the three latest WKSP Debt Ratio figures stand at 0.17 (Q1 2026), 0.09 (Q4 2025), and 0.12 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 77.46 Bn | 77.21 Bn | 2.35 Bn | 0.37 |
| 2 | Autozone | 56.88 Bn | 56.59 Bn | 2.24 Bn | 0.44 |
| 3 | Genuine Parts | 13.45 Bn | 12.97 Bn | 2.34 Bn | 0.22 |
| 4 | Modine Manufacturing | 13.16 Bn | 13.07 Bn | 186.10 Mn | 0.25 |
| 5 | Borgwarner | 13.07 Bn | 13.23 Bn | 677.00 Mn | 0.28 |
| 6 | Aptiv | 11.89 Bn | 8.82 Bn | 920.00 Mn | 0.37 |
| 7 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 0.15 |
| 8 | Allison Transmission Holdings | 9.02 Bn | 8.71 Bn | 406.00 Mn | 0.49 |
| 9 | Autoliv | 9.01 Bn | 8.66 Bn | 526.00 Mn | 0.25 |
| 10 | Worksport | 9.81 Mn | 9.24 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 |
| Mar 31, 2021 | 0.01 |
| Dec 31, 2020 | 0.10 |
| Sep 30, 2020 | 0.18 |
| Jun 30, 2020 | 0.12 |
| Mar 31, 2020 | 0.05 |
| Dec 31, 2019 | 0.29 |
| Sep 30, 2019 | 0.05 |
| Jun 30, 2018 | 0.33 |
| Dec 31, 2017 | 0.30 |
| Sep 30, 2017 | 0.03 |
| Dec 31, 2016 | 2.09 |
| Sep 30, 2016 | 0.73 |
| Jun 30, 2016 | 0.59 |