WKSPW
Price:
$0.026
Market Cap:
$11.04M
Worksport Ltd., through its subsidiary, designs and distributes truck tonneau covers in Canada and the United States. The company offers soft tonneau covers, such as vinyl wrapped tri- and quad-fold tonneau covers; and hard tonneau covers, including tri- and quad-fold, aluminum flush-mounted, and top-mounted folding tonneau covers. It also offers Worksport SOLIS, a tonneau cover with integrated solar panels; and Worksport COR energy storage system, a modular, portable power station. The company also sells its products through online retail channels. The company was formerly known as Franchise Holdings International, Inc. and changed its name to Worksport Ltd. in May 2020. Worksport Ltd. is b...[Read more]
Industry
Auto - Parts
IPO Date
Stock Exchange
NASDAQ
Ticker
WKSPW
According to Worksport Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 2.04. This represents a change of -24.93% compared to the average of 2.72 of the last 4 quarters.
The mean historical Current Ratio of Worksport Ltd. over the last ten years is 3.52. The current 2.04 Current Ratio has changed 5.70% with respect to the historical average. Over the past ten years (40 quarters), WKSPW's Current Ratio was at its highest in in the September 2021 quarter at 21.27. The Current Ratio was at its lowest in in the December 2019 quarter at 0.19.
Average
3.52
Median
1.13
Minimum
0.19
Maximum
18.94
Discovering the peaks and valleys of Worksport Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 1.83%
Maximum Annual Current Ratio = 18.94
Minimum Annual Increase = -82.90%
Minimum Annual Current Ratio = 0.19
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.30 | 159.34% |
| 2023 | 1.27 | -82.90% |
| 2022 | 7.45 | -60.68% |
| 2021 | 18.94 | 1.83% |
| 2020 | 0.98 | 412.06% |
| 2019 | 0.19 | -70.14% |
| 2018 | 0.64 | -51.96% |
| 2017 | 1.34 | 481.42% |
| 2016 | 0.23 | -73.24% |
| 2015 | 0.86 | -9.55% |
The current Current Ratio of Worksport Ltd. (WKSPW) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
4.01
5-year avg
6.39
10-year avg
3.52
Worksport Ltd.’s Current Ratio is greater than SRIVARU Holding Limited Ordinary Shares (1.03), greater than Selina Hospitality PLC (0.42), greater than Canoo Inc. (0.14), greater than Hyzon Motors Inc. (1.76), greater than Sacks Parente Golf, Inc. (1.97), greater than Zapp Electric Vehicles Group Limited (0.13), greater than Bollinger Innovations, Inc. (0.23), greater than BurgerFi International, Inc. (0.15), greater than Esports Entertainment Group, Inc. (0.10), greater than Unique Fabricating, Inc. (0.71),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.03 | $8.01M | |
| 0.42 | $16.31M | |
| 0.14 | $5.36M | |
| 1.76 | $4.97M | |
| 1.97 | $891.55K | |
| 0.13 | $1.22M | |
| 0.23 | $251.88K | |
| 0.15 | $2.24M | |
| 0.10 | $332.33K | |
| 0.71 | $1.17K |
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What is the Current Ratio?
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What is the 5-year average Current Ratio for Worksport Ltd. (WKSPW)?
How does the current Current Ratio for Worksport Ltd. (WKSPW) compare to its historical average?