Worksport Ltd Tangible Net Worth Ratio
Worksport Ltd tangible net worth ratio. Worksport Ltd (WKSP) has a Tangible Net Worth Ratio of 96.2% as of March 2026. This metric is calculated by deducting intangible assets ($757.81K) from net assets ($19.98 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check how strategically is Worksport Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Worksport Ltd (2013–2025)
Tangible net worth ratio of Worksport Ltd from 2013 to 2025. This chart shows how Worksport Ltd's Tangible Net Worth Ratio has changed across 9 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 96.2%, reflecting net assets of $19.98 Million with intangible assets of $757.81K USD. See Worksport Ltd (WKSP) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Worksport Ltd Tangible Net Worth Ratio by Year (2013–2025)
Worksport Ltd tangible net worth ratio by year from 2013 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Worksport Ltd from 2013 to 2025, covering 9 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see WKSP company net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.1% | $22.93 Million | $896.53K | $30.77 Million | ▲ +1.6 pp |
| 2024 | 94.5% | $17.41 Million | $953.05K | $25.74 Million | ▲ +1.9 pp |
| 2023 | 92.6% | $18.18 Million | $1.34 Million | $25.95 Million | ▼ -2.1 pp |
| 2022 | 94.7% | $24.12 Million | $1.27 Million | $32.76 Million | ▼ -3.5 pp |
| 2021 | 98.3% | $34.18 Million | $593.05K | $36.29 Million | ▲ +35.4 pp |
| 2020 | 62.9% | $169.47K | $62.95K | $1.90 Million | ▼ -33.6 pp |
| 2017 | 96.5% | $371.53K | $13.10K | $905.47K | ▲ +286.3 pp |
| 2015 | -189.9% | $3.72K | $10.78K | $302.77K | ▲ +76890.1 pp |
| 2013 | -77080.0% | $10.00 | $7.72K | $982.00 | — |