Worksport Company Equity Multiplier from 2010 to 2024

WKSP Stock  USD 0.93  0.09  11.13%   
Worksport Company Equity Multiplier yearly trend continues to be relatively stable with very little volatility. Company Equity Multiplier is likely to drop to 1.36. During the period from 2010 to 2024, Worksport Company Equity Multiplier destribution of quarterly values had r-value of (0.14) from its regression line and median of  1.06. View All Fundamentals
 
Company Equity Multiplier  
First Reported
2010-12-31
Previous Quarter
1.42772256
Current Value
1.36
Quarterly Volatility
36.26967205
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Worksport financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Worksport's main balance sheet or income statement drivers, such as Interest Expense of 647 K, Selling General Administrative of 14.2 M or Other Operating Expenses of 17.1 M, as well as many indicators such as Price To Sales Ratio of 21.16, Dividend Yield of 0.0 or PTB Ratio of 1.38. Worksport financial statements analysis is a perfect complement when working with Worksport Valuation or Volatility modules.
  
Check out the analysis of Worksport Correlation against competitors.
To learn how to invest in Worksport Stock, please use our How to Invest in Worksport guide.

Latest Worksport's Company Equity Multiplier Growth Pattern

Below is the plot of the Company Equity Multiplier of Worksport over the last few years. It is Worksport's Company Equity Multiplier historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Worksport's overall financial position and show how it may be relating to other accounts over time.
Company Equity Multiplier10 Years Trend
Pretty Stable
   Company Equity Multiplier   
       Timeline  

Worksport Company Equity Multiplier Regression Statistics

Arithmetic Mean7.88
Coefficient Of Variation460.04
Mean Deviation22.29
Median1.06
Standard Deviation36.27
Sample Variance1,315
Range136
R-Value(0.14)
Mean Square Error1,388
R-Squared0.02
Significance0.61
Slope(1.16)
Total Sum of Squares18,417

Worksport Company Equity Multiplier History

2023 1.43
2022 1.36
2021 1.06
2020 11.22
2019 -0.55
2018 -2.49
2017 2.44

About Worksport Financial Statements

Worksport shareholders use historical fundamental indicators, such as Company Equity Multiplier, to determine how well the company is positioned to perform in the future. Although Worksport investors may analyze each financial statement separately, they are all interrelated. The changes in Worksport's assets and liabilities, for example, are also reflected in the revenues and expenses on on Worksport's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Company Equity Multiplier 1.43  1.36 

Additional Tools for Worksport Stock Analysis

When running Worksport's price analysis, check to measure Worksport's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worksport is operating at the current time. Most of Worksport's value examination focuses on studying past and present price action to predict the probability of Worksport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worksport's price. Additionally, you may evaluate how the addition of Worksport to your portfolios can decrease your overall portfolio volatility.