Worksport Ltd. (WKSP)
NASDAQ: WKSP · Real-Time Price · USD
0.783
-0.010 (-1.30%)
At close: Oct 29, 2024, 4:00 PM
0.755
-0.028 (-3.58%)
After-hours: Oct 29, 2024, 6:31 PM EDT

Worksport Statistics

Total Valuation

Worksport has a market cap or net worth of $24.20 million. The enterprise value is $26.71 million.

Market Cap 24.20M
Enterprise Value 26.71M

Important Dates

The next estimated earnings date is Tuesday, November 12, 2024, after market close.

Earnings Date Nov 12, 2024
Ex-Dividend Date n/a

Share Statistics

Worksport has 30.92 million shares outstanding. The number of shares has increased by 21.79% in one year.

Shares Outstanding 30.92M
Shares Change (YoY) +21.79%
Shares Change (QoQ) +22.52%
Owned by Insiders (%) 11.32%
Owned by Institutions (%) 4.78%
Float 27.42M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 4.38
Forward PS 4.16
PB Ratio 1.17
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 7.16
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 4.77, with a Debt / Equity ratio of 0.31.

Current Ratio 4.77
Quick Ratio 1.90
Debt / Equity 0.31
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -28.82

Financial Efficiency

Return on equity (ROE) is -79.58% and return on invested capital (ROIC) is -36.83%.

Return on Equity (ROE) -79.58%
Return on Assets (ROA) -34.64%
Return on Capital (ROIC) -36.83%
Revenue Per Employee $51,834
Profits Per Employee -$213,004
Employee Count 72
Asset Turnover 0.14
Inventory Turnover 0.69

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -48.16% in the last 52 weeks. The beta is 0.72, so Worksport's price volatility has been lower than the market average.

Beta (5Y) 0.72
52-Week Price Change -48.16%
50-Day Moving Average 0.56
200-Day Moving Average 0.75
Relative Strength Index (RSI) 65.73
Average Volume (20 Days) 485,584

Short Selling Information

The latest short interest is 691,173, so 2.24% of the outstanding shares have been sold short.

Short Interest 691,173
Short Previous Month 1.23M
Short % of Shares Out 2.24%
Short % of Float 2.52%
Short Ratio (days to cover) 1.72

Income Statement

In the last 12 months, Worksport had revenue of $3.73 million and -$15.34 million in losses. Loss per share was -$0.73.

Revenue 3.73M
Gross Profit 515,868
Operating Income -15.01M
Pretax Income -15.12M
Net Income -15.34M
EBITDA -13.75M
EBIT -15.01M
Loss Per Share -$0.73
Full Income Statement

Balance Sheet

The company has $3.52 million in cash and $6.03 million in debt, giving a net cash position of -$2.51 million or -$0.08 per share.

Cash & Cash Equivalents 3.52M
Total Debt 6.03M
Net Cash -2.51M
Net Cash Per Share -$0.08
Equity (Book Value) 19.15M
Book Value Per Share 0.67
Working Capital 8.49M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$12.33 million and capital expenditures -$1.43 million, giving a free cash flow of -$13.76 million.

Operating Cash Flow -12.33M
Capital Expenditures -1.43M
Free Cash Flow -13.76M
FCF Per Share -$0.45
Full Cash Flow Statement

Margins

Gross Margin 13.82%
Operating Margin -402.28%
Pretax Margin -410.94%
Profit Margin n/a
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin -726.59%

Dividends & Yields

Worksport does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -21.79%
Shareholder Yield -21.79%
Earnings Yield -63.36%
FCF Yield -56.86%

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on August 4, 2021. It was a reverse split with a ratio of 0.05:1.

Last Split Date Aug 4, 2021
Split Type Reverse
Split Ratio 0.05:1

Scores

Worksport has an Altman Z-Score of -1.97 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -1.97
Piotroski F-Score 3