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
DateValue
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