Worksport annual debt-to-equity ratio
2015
2017
2020
2021
2022
2023
2024
2025
Worksport Debt-to-Equity Ratio Growth & History (WKSP)
Worksport's debt-to-equity ratio was 0.13 for fiscal 2025.
View full Worksport company overviewWorksport annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.13 | −0.21 | −62.33% |
| 2024 | 2024-12-31 | 0.34 | −0.01 | −1.59% |
| 2023 | 2023-12-31 | 0.34 | 0.29 | +550.81% |
| 2022 | 2022-12-31 | 0.05 | 0.04 | +240.04% |
| 2021 | 2021-12-31 | 0.02 | −2.38 | −99.35% |
| 2020 | 2020-12-31 | 2.39 | — | — |
| 2017 | 2017-12-31 | 0.74 | — | — |
| 2015 | 2015-12-31 | 11.15 | — | — |
Worksport quarterly debt-to-equity ratio
Q4.15
Q3.17
Q4.17
Q1.18
Q2.18
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.29 | 0.10 | +51.72% |
| Q1 2026 | 2026-03-31 | 0.18 | 0.00 | +0.42% |
| Q4 2025 | 2025-12-31 | 0.13 | −0.21 | −62.33% |
| Q3 2025 | 2025-09-30 | 0.16 | 0.11 | +201.89% |
| Q2 2025 | 2025-06-30 | 0.19 | 0.15 | +397.06% |
| Q1 2025 | 2025-03-31 | 0.18 | 0.14 | +320.84% |
| Q4 2024 | 2024-12-31 | 0.34 | −0.01 | −1.59% |
| Q3 2024 | 2024-09-30 | 0.05 | −0.01 | −11.26% |
| Q2 2024 | 2024-06-30 | 0.04 | −0.02 | −31.91% |
| Q1 2024 | 2024-03-31 | 0.04 | −0.01 | −20.15% |
| Q4 2023 | 2023-12-31 | 0.34 | 0.29 | +550.81% |
| Q3 2023 | 2023-09-30 | 0.06 | 0.01 | +18.75% |
| Q2 2023 | 2023-06-30 | 0.06 | 0.01 | +13.30% |
| Q1 2023 | 2023-03-31 | 0.05 | 0.04 | +266.35% |
| Q4 2022 | 2022-12-31 | 0.05 | 0.04 | +240.04% |
| Q3 2022 | 2022-09-30 | 0.05 | 0.03 | +118.18% |
| Q2 2022 | 2022-06-30 | 0.05 | −0.02 | −31.10% |
| Q1 2022 | 2022-03-31 | 0.01 | −0.02 | −61.94% |
| Q4 2021 | 2021-12-31 | 0.02 | −2.38 | −99.35% |
| Q3 2021 | 2021-09-30 | 0.02 | — | — |
| Q2 2021 | 2021-06-30 | 0.07 | — | — |
| Q1 2021 | 2021-03-31 | 0.04 | — | — |
| Q4 2020 | 2020-12-31 | 2.39 | — | — |
| Q2 2018 | 2018-06-30 | 1.40 | — | — |
| Q1 2018 | 2018-03-31 | 0.86 | — | — |
| Q4 2017 | 2017-12-31 | 0.74 | — | — |
| Q3 2017 | 2017-09-30 | 1.40 | — | — |
| Q4 2015 | 2015-12-31 | 11.15 | — | — |
Worksport debt-to-equity ratio trends
Over the last five fiscal years, Worksport's debt-to-equity ratio decreased from 2.39 to 0.13, a change of −2.27. The latest reported quarter, Q2 2026, shows 0.29.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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