Worksport Short Term Debt from 2010 to 2024

WKSP Stock  USD 0.58  0.02  3.33%   
Worksport Short Term Debt yearly trend continues to be relatively stable with very little volatility. Short Term Debt is likely to grow to about 5.9 M this year. During the period from 2010 to 2024, Worksport Short Term Debt destribution of quarterly values had range of 5.9 M from its regression line and mean deviation of  1,278,357. View All Fundamentals
 
Short Term Debt  
First Reported
2002-12-31
Previous Quarter
5.6 M
Current Value
5.6 M
Quarterly Volatility
1.5 M
 
Housing Crash
 
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 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.
  
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 Short Term Debt Growth Pattern

Below is the plot of the Short Term Debt of Worksport over the last few years. It is Worksport's Short Term Debt 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.
Short Term Debt10 Years Trend
Slightly volatile
   Short Term Debt   
       Timeline  

Worksport Short Term Debt Regression Statistics

Arithmetic Mean977,342
Geometric Mean125,720
Coefficient Of Variation200.28
Mean Deviation1,278,357
Median289,759
Standard Deviation1,957,449
Sample Variance3.8T
Range5.9M
R-Value0.65
Mean Square Error2.4T
R-Squared0.42
Significance0.01
Slope284,734
Total Sum of Squares53.6T

Worksport Short Term Debt History

20245.9 M
20235.6 M
2022433.4 K
2021540.1 K
2020698.2 K
2019318.5 K
2018296.8 K

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 Short Term Debt, 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 ReportedProjected for Next Year
Short Term Debt5.6 M5.9 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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.