Worksport Statistics
Total Valuation
Worksport has a market cap or net worth of $9.13 million. The enterprise value is $11.40 million.
| Market Cap | 9.13M |
| Enterprise Value | 11.40M |
Important Dates
The next estimated earnings date is Monday, May 13, 2024, after market close.
| Earnings Date | May 13, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Worksport has 24.10 million shares outstanding. The number of shares has increased by 3.58% in one year.
| Shares Outstanding | 24.10M |
| Shares Change (YoY) | +3.58% |
| Shares Change (QoQ) | +9.02% |
| Owned by Insiders (%) | 14.47% |
| Owned by Institutions (%) | 15.00% |
| Float | 20.61M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 5.97 |
| Forward PS | 1.26 |
| PB Ratio | 0.50 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 7.45 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.27, with a Debt / Equity ratio of 0.31.
| Current Ratio | 1.27 |
| Quick Ratio | 0.56 |
| Debt / Equity | 0.31 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -23.23 |
Financial Efficiency
Return on equity (ROE) is -79.00% and return on invested capital (ROIC) is -61.91%.
| Return on Equity (ROE) | -79.00% |
| Return on Assets (ROA) | -55.50% |
| Return on Capital (ROIC) | -61.91% |
| Revenue Per Employee | $21,852 |
| Profits Per Employee | -$213,271 |
| Employee Count | 70 |
| Asset Turnover | 0.06 |
| Inventory Turnover | 0.52 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -78.94% in the last 52 weeks. The beta is 1.03, so Worksport's price volatility has been similar to the market average.
| Beta (1Y) | 1.03 |
| 52-Week Price Change | -78.94% |
| 50-Day Moving Average | 0.81 |
| 200-Day Moving Average | 1.77 |
| Relative Strength Index (RSI) | 24.45 |
| Average Volume (30 Days) | 234,925 |
Short Selling Information
The latest short interest is 163,097, so 0.68% of the outstanding shares have been sold short.
| Short Interest | 163,097 |
| Short Previous Month | 109,875 |
| Short % of Shares Out | 0.68% |
| Short % of Float | 0.79% |
| Short Ratio (days to cover) | 0.46 |
Income Statement
In the last 12 months, Worksport had revenue of $1.53 million and -$14.93 million in losses. Loss per share was -$0.84.
| Revenue | 1.53M |
| Gross Profit | 240,514 |
| Operating Income | -14.74M |
| Pretax Income | -14.93M |
| Net Income | -14.93M |
| EBITDA | -13.20M |
| EBIT | -14.31M |
| Loss Per Share | -$0.84 |
Balance Sheet
The company has $3.37 million in cash and $5.63 million in debt, giving a net cash position of -$2.26 million or -$0.09 per share.
| Cash & Cash Equivalents | 3.37M |
| Total Debt | 5.63M |
| Net Cash | -2.26M |
| Net Cash Per Share | -$0.09 |
| Equity / Book Value | 18.18M |
| Book Value Per Share | 0.75 |
| Working Capital | 1.96M |
Cash Flow
In the last 12 months, operating cash flow was -$11.93 million and capital expenditures -$3.69 million, giving a free cash flow of -$15.62 million.
| Operating Cash Flow | -11.93M |
| Capital Expenditures | -3.69M |
| Free Cash Flow | -15.62M |
| FCF Per Share | -$0.88 |
Margins
Gross margin is 15.72%, with operating and profit margins of -963.59% and -975.98%.
| Gross Margin | 15.72% |
| Operating Margin | -963.59% |
| Pretax Margin | -975.98% |
| Profit Margin | -975.98% |
| EBITDA Margin | -863.15% |
| EBIT Margin | -935.70% |
| FCF Margin | -1,021.20% |
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 | -3.58% |
| Shareholder Yield | -3.58% |
| Earnings Yield | -163.44% |
| FCF Yield | -171.02% |
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 Splits
The last stock split was on August 4, 2021. It was a reverse split with a ratio of 1:20.
| Last Split Date | Aug 4, 2021 |
| Split Type | Reverse |
| Split Ratio | 1:20 |
Scores
Worksport has an Altman Z-Score of -3.57 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -3.57 |
| Piotroski F-Score | 2 |