Worksport Price To Sales Ratio from 2010 to 2024
| WKSP Stock | USD 0.59 0.01 1.72% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 17.23159374 | Current Value 26.5 | Quarterly Volatility 41.3255161 |
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 26.5, 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.
Worksport | Price To Sales Ratio |
Latest Worksport's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Worksport over the last few years. Price to Sales Ratio is figured by comparing Worksport stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Worksport sales, a figure that is much harder to manipulate than other Worksport multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period. Worksport's Price To Sales Ratio 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.
| View | Last Reported 7.53 X | 10 Years Trend |
|
Price To Sales Ratio |
| Timeline |
Worksport Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 23.93 | |
| Geometric Mean | 4.15 | |
| Coefficient Of Variation | 172.70 | |
| Mean Deviation | 26.99 | |
| Median | 6.52 | |
| Standard Deviation | 41.33 | |
| Sample Variance | 1,708 | |
| Range | 146 | |
| R-Value | 0.53 | |
| Mean Square Error | 1,314 | |
| R-Squared | 0.29 | |
| Significance | 0.04 | |
| Slope | 4.94 | |
| Total Sum of Squares | 23,909 |
Worksport Price To Sales Ratio History
About Worksport Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Worksport income statement, its balance sheet, and the statement of cash flows. Worksport investors use historical funamental indicators, such as Worksport's Price To Sales Ratio, to determine how well the company is positioned to perform in the future. Although Worksport investors may use each financial statement separately, they are all related. The changes in Worksport's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Worksport's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Worksport Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Worksport. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 17.23 | 26.50 |
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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.