Worksport (WKSP) Debt to Equity (2016 - 2026)
Worksport (WKSP) posted quarterly Debt to Equity of $0.24 for Q1 2026, up 64.45% YoY from $0.15 in Q1 2025, and up 108.07% sequentially from $0.12 in Q4 2025.
Worksport (WKSP) Debt to Equity (2016 - 2026) Analysis & Trends
Worksport has disclosed Debt to Equity across 11 years of filings, most recently posting $0.24 for Q1 2026.
- In Q1 2026, Debt to Equity rose 64.45% year-over-year to $0.24; the TTM figure through Mar 2026 stood at $0.24 (up 64.45% YoY), while the FY2025 annual figure was $0.12, down 59.88% from the prior year.
- Debt to Equity improved to $0.24 in Q1 2026, from $0.12 in the prior quarter.
- Over the last five years, Debt to Equity for WKSP reached as high as $0.33 in Q3 2024 and fell as low as $0.01 in Q1 2022.
- The 5-year median for Debt to Equity is $0.24 (2026), against an average of $0.22.
- Annual changes were most pronounced in 2023 — Debt to Equity surged 4154.76% — and 2025, when it sank 71.57%.
- A 5-year view of Debt to Equity shows it stood at $0.22 in 2022, then soared by 31.53% to $0.29 in 2023, then fell by 1.44% to $0.29 in 2024, then slumped by 59.88% to $0.12 in 2025, then soared by 108.07% to $0.24 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.24, $0.12, and $0.17 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 1.55 |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | -3.24 |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | - |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 1.04 |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | - |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 0.71 |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 1.01 |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 0.79 |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 0.54 |
| 10 | Worksport | 9.92 Mn | 9.35 Mn | 853,946.00 | 0.24 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | 0.12 |
| Sep 30, 2025 | 0.17 |
| Jun 30, 2025 | 0.08 |
| Mar 31, 2025 | 0.15 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.33 |
| Jun 30, 2024 | 0.28 |
| Mar 31, 2024 | 0.28 |
| Dec 31, 2023 | 0.29 |
| Sep 30, 2023 | 0.32 |
| Jun 30, 2023 | 0.27 |
| Mar 31, 2023 | 0.25 |
| Dec 31, 2022 | 0.22 |
| Sep 30, 2022 | 0.20 |
| Jun 30, 2022 | 0.18 |
| Mar 31, 2022 | 0.01 |
| Jun 30, 2021 | 0.01 |
| Sep 30, 2020 | -0.45 |
| Jun 30, 2020 | -0.11 |