Worksport (WKSP) Interest Coverage Ratio (2015 - 2026)
Worksport (WKSP) posted quarterly Interest Coverage Ratio of 62.18 for Q1 2026, down 185.5% year-over-year from 72.72 in Q1 2025, and down 195.94% quarter-over-quarter from 21.01 in Q4 2025.
Worksport (WKSP) Interest Coverage Ratio (2015 - 2026) Analysis & Trends
Worksport (WKSP) has reported Interest Coverage Ratio for 12 consecutive years, with 62.18 the latest figure, recorded in 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 28.23 (up 16.93% YoY), while the FY2025 annual figure was 31.73, down 2366.95% from the prior year.
- Interest Coverage Ratio declined to 62.18 in Q1 2026 per WKSP's latest filing, from 21.01 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 1.87 in Q2 2022 and bottomed at 72.5 in Q4 2023.
- Historically, Interest Coverage Ratio has averaged 24.61 across 5 years, with a median of 21.01 in 2025.
- On a YoY basis, Interest Coverage Ratio climbed as much as 78.62% in 2022 and fell as far as 814.64% in 2022.
- Worksport's Interest Coverage Ratio stood at 17.68 in 2022, then plunged by 310.14% to 72.5 in 2023, then jumped by 34.78% to 47.28 in 2024, then surged by 55.56% to 21.01 in 2025, then sank by 195.94% to 62.18 in 2026.
- Business Quant data shows WKSP's Interest Coverage Ratio at 62.18 in Q1 2026, 21.01 in Q4 2025, and 34.51 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.55 Bn | 73.29 Bn | 2.52 Bn | 14.11 |
| 2 | Autozone | 48.72 Bn | 48.46 Bn | 2.52 Bn | 36.55 |
| 3 | Magna International | 20.02 Bn | 18.59 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | - |
| 5 | Borgwarner | 13.74 Bn | 11.29 Bn | 721.00 Mn | - |
| 6 | Allison Transmission Holdings | 11.11 Bn | 10.71 Bn | 515.00 Mn | - |
| 7 | Modine Manufacturing | 10.43 Bn | 10.36 Bn | - | - |
| 8 | Aptiv | 10.21 Bn | 9.45 Bn | 775.00 Mn | 5.92 |
| 9 | Autoliv | 9.27 Bn | 8.90 Bn | 509.00 Mn | 7.38 |
| 10 | Worksport | 7.00 Mn | 5.71 Mn | 1.65 Mn | -26.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -15.54 |
| Mar 31, 2026 | -62.18 |
| Dec 31, 2025 | -21.01 |
| Sep 30, 2025 | -34.51 |
| Jun 30, 2025 | -4.18 |
| Mar 31, 2025 | -21.78 |
| Dec 31, 2024 | -47.28 |
| Sep 30, 2024 | -5.15 |
| Jun 30, 2024 | -4.69 |
| Mar 31, 2024 | -25.27 |
| Dec 31, 2023 | -72.50 |
| Sep 30, 2023 | -14.11 |
| Jun 30, 2023 | -14.51 |
| Mar 31, 2023 | -21.38 |
| Dec 31, 2022 | -17.68 |
| Sep 30, 2022 | -10.52 |
| Jun 30, 2022 | -1.87 |
| Mar 31, 2022 | -39.68 |
| Dec 31, 2021 | 14.57 |
| Sep 30, 2021 | -26.61 |