Worksport Ltd. Statistics
Share Statistics
Worksport Ltd. has 32.94M shares outstanding. The number of shares has increased by 52.7% in one year.
| Shares Outstanding | 32.94M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 11.08% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 30.36M |
| Failed to Deliver (FTD) Shares | 20.88K |
| FTD / Avg. Volume | 1.3% |
Short Selling Information
The latest short interest is 922.64K, so 2.8% of the outstanding shares have been sold short.
| Short Interest | 922.64K |
| Short % of Shares Out | 2.8% |
| Short % of Float | 3.04% |
| Short Ratio (days to cover) | 2.04 |
Valuation Ratios
The PE ratio is -1.77 and the forward PE ratio is -2.57.
| PE Ratio | -1.77 |
| Forward PE | -2.57 |
| PS Ratio | 17.23 |
| Forward PS | 0.7 |
| PB Ratio | 1.45 |
| P/FCF Ratio | -1.69 |
| PEG Ratio | n/a |
Enterprise Valuation
Worksport Ltd. has an Enterprise Value (EV) of 29.96M.
| EV / Earnings | -2.01 |
| EV / Sales | 19.59 |
| EV / EBITDA | -2.27 |
| EV / EBIT | -2.03 |
| EV / FCF | -1.92 |
Financial Position
The company has a current ratio of 1.27, with a Debt / Equity ratio of 0.29.
| Current Ratio | 1.27 |
| Quick Ratio | 0.77 |
| Debt / Equity | 0.29 |
| Total Debt / Capitalization | 22.58 |
| Cash Flow / Debt | -2.25 |
| Interest Coverage | -23.91 |
Financial Efficiency
Return on equity (ROE) is -0.82% and return on capital (ROIC) is -60.35%.
| Return on Equity (ROE) | -0.82% |
| Return on Assets (ROA) | -0.58% |
| Return on Capital (ROIC) | -60.35% |
| Revenue Per Employee | 21.85K |
| Profits Per Employee | -213.27K |
| Employee Count | 70 |
| Asset Turnover | 0.06 |
| Inventory Turnover | 0.35 |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0 |
Stock Price Statistics
The stock price has increased by -30.43% in the last 52 weeks. The beta is 0.64, so Worksport Ltd.'s price volatility has been higher than the market average.
| Beta | 0.64 |
| 52-Week Price Change | -30.43% |
| 50-Day Moving Average | 0.77 |
| 200-Day Moving Average | 0.65 |
| Relative Strength Index (RSI) | 59.74 |
| Average Volume (20 Days) | 1.60M |
Income Statement
In the last 12 months, Worksport Ltd. had revenue of 1.53M and earned -14.93M in profits. Earnings per share was -0.84.
| Revenue | 1.53M |
| Gross Profit | 240.51K |
| Operating Income | -14.74M |
| Net Income | -14.93M |
| EBITDA | -13.20M |
| EBIT | -14.74M |
| Earnings Per Share (EPS) | -0.84 |
Balance Sheet
The company has 3.37M in cash and 6.24M in debt, giving a net cash position of -2.87M.
| Cash & Cash Equivalents | 3.37M |
| Total Debt | 6.24M |
| Net Cash | -2.87M |
| Retained Earnings | -48.31M |
| Total Assets | 24.94M |
| Working Capital | 5.88M |
Cash Flow
In the last 12 months, operating cash flow was -11.93M and capital expenditures -3.69M, giving a free cash flow of -15.62M.
| Operating Cash Flow | -11.93M |
| Capital Expenditures | -3.69M |
| Free Cash Flow | -15.62M |
| FCF Per Share | -0.88 |
Margins
Gross margin is 1.57K%, with operating and profit margins of -96.34K% and -97.60K%.
| Gross Margin | 1.57K% |
| Operating Margin | -96.34K% |
| Pretax Margin | -97.60K% |
| Profit Margin | -97.60K% |
| EBITDA Margin | -863.15% |
| EBIT Margin | -963.41% |
| FCF Margin | -1.02K% |
Dividends & Yields
WKSP does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -87.5% |
| FCF Yield | -49.24% |
Analyst Forecast
The average price target for WKSP is $2, which is 108.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $2 |
| Price Target Difference | 108.3% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
Stock Splits
The last stock split was on Aug 4, 2021. It was a backward split with a ratio of 1:20.
| Last Split Date | Aug 4, 2021 |
| Split Type | backward |
| Split Ratio | 1:20 |
Scores
| Altman Z-Score | -2.88 |
| Piotroski F-Score | 3 |