Worksport Ltd (WKSP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Worksport Ltd (WKSP) has a cash flow conversion efficiency ratio of -0.412x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-8.23 Million) by net assets ($19.98 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see how much is Worksport Ltd worth for the company's overall valuation and market capitalisation.
Worksport Ltd - Cash Flow Conversion Efficiency Trend (2002–2025)
This chart illustrates how Worksport Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Worksport Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Worksport Ltd ranked by their cash flow conversion efficiency. Explore Worksport Ltd (WKSP) cash flow quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SG COMPANY S.P.A.
F:7KZ
|
N/A |
|
IMPRENDIROMA S.P.A.
F:Y37
|
N/A |
|
Till Capital Ltd
V:TIL
|
-0.014x |
|
Spectrumone publ AB
ST:SPEONE
|
-0.116x |
|
Rathdowney Resources Ltd
V:RTH
|
0.013x |
|
Balkrishna Paper Mills Limited
NSE:BALKRISHNA
|
0.020x |
|
Au Gold Corp
V:AUGC
|
-0.028x |
|
DONTNOD Entertainment SA
PA:ALDNE
|
-0.071x |
Annual Cash Flow Conversion Efficiency for Worksport Ltd (2002–2025)
The table below shows the annual cash flow conversion efficiency of Worksport Ltd from 2002 to 2025. View WKSP live share price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $22.93 Million | $-17.31 Million | -0.755x | -29.68% |
| 2024-12-31 | $17.41 Million | $-10.14 Million | -0.582x | +11.29% |
| 2023-12-31 | $18.18 Million | $-11.93 Million | -0.656x | -98.41% |
| 2022-12-31 | $24.12 Million | $-7.98 Million | -0.331x | -179.40% |
| 2021-12-31 | $34.18 Million | $-4.05 Million | -0.118x | +97.24% |
| 2020-12-31 | $169.47K | $-726.30K | -4.286x | -28639.22% |
| 2019-12-31 | $-882.56K | $-13.25K | 0.015x | -99.11% |
| 2018-12-31 | $-223.56K | $-379.28K | 1.697x | +423.33% |
| 2017-12-31 | $371.53K | $-194.94K | -0.525x | -322.45% |
| 2016-12-31 | $-1.00 Million | $-237.02K | 0.236x | +100.16% |
| 2015-12-31 | $3.72K | $-542.04K | -145.749x | -3522.90% |
| 2014-12-31 | $-7.43K | $-31.65K | 4.258x | +100.22% |
| 2013-12-31 | $10.00 | $-19.66K | -1965.600x | -11430.29% |
| 2012-12-31 | $-1.21K | $-21.03K | 17.348x | +27.30% |
| 2010-12-31 | $-886.00 | $-12.07K | 13.628x | +1427803.55% |
| 2008-12-31 | $-630.78K | $-602.00 | 0.001x | -95.42% |
| 2002-12-31 | $-450.61K | $-9.40K | 0.021x | -- |
About Worksport Ltd
Worksport Ltd., together with its subsidiary, designs and distributes truck tonneau covers in the United States and internationally. It operates through Hard Tonneau Covers and Soft Tonneau Covers segments. The company offers soft tonneau covers, such as vinyl wrapped tri- and quad-fold tonneau covers; and hard tonneau covers, including tri- and quad-fold aluminum covers. It also provides SOLIS, … Read more