Worksport (WKSP) Interest Coverage Ratio (2015 - 2026)
Worksport (WKSP) posted quarterly Interest Coverage Ratio of 62.18 for Q1 2026, down 185.5% YoY from 72.72 in Q1 2025, and down 32.14% sequentially from 47.05 in Q4 2025.
Worksport (WKSP) Interest Coverage Ratio (2015 - 2026) Analysis & Trends
Worksport has disclosed Interest Coverage Ratio across 12 years of filings, most recently posting 62.18 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 185.5% year-over-year to 62.18; the TTM figure through Mar 2026 stood at 41.42 (down 105.51% YoY), while the FY2025 annual figure was 31.74, down 49.01% from the prior year.
- Interest Coverage Ratio eased to 62.18 in Q1 2026, from 47.05 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for WKSP reached as high as 16.81 in Q4 2024 and fell as low as 111.49 in Q1 2022.
- The 5-year median for Interest Coverage Ratio is 26.2 (2022), against an average of 33.14.
- The widest YoY moves for Interest Coverage Ratio: up 88.41% in 2022, down 2469.56% in 2022.
- A 5-year view of Interest Coverage Ratio shows it stood at 21.75 in 2022, then slipped by 9.21% to 23.75 in 2023, then gained by 29.25% to 16.81 in 2024, then plunged by 179.98% to 47.05 in 2025, then plunged by 32.14% to 62.18 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 62.18, 47.05, and 34.51 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | - |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | - |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | - |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 6.51 |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | - |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | - |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 4.25 |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 9.12 |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 10.03 |
| 10 | Worksport | 9.92 Mn | 9.35 Mn | 853,946.00 | -62.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -62.18 |
| Dec 31, 2025 | -47.05 |
| Sep 30, 2025 | -34.51 |
| Jun 30, 2025 | -28.23 |
| Mar 31, 2025 | -21.78 |
| Dec 31, 2024 | -16.81 |
| Sep 30, 2024 | -17.00 |
| Jun 30, 2024 | -29.15 |
| Mar 31, 2024 | -29.45 |
| Dec 31, 2023 | -23.75 |
| Sep 30, 2023 | -34.43 |
| Jun 30, 2023 | -19.90 |
| Mar 31, 2023 | -21.38 |
| Dec 31, 2022 | -21.75 |
| Sep 30, 2022 | -26.20 |
| Jun 30, 2022 | -18.38 |
| Mar 31, 2022 | -111.49 |
| Dec 31, 2021 | -187.66 |
| Sep 30, 2021 | -78.12 |
| Jun 30, 2021 | -44.34 |