Worksport Ltd Total Liabilities
Worksport Ltd total liabilities. Based on the latest financial reports, Worksport Ltd (WKSP) has total liabilities worth $7.90 Million USD as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Check WKSP financial resilience to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Worksport Ltd (2002–2025)
Total liabilities of Worksport Ltd from 2002 to 2025. This chart illustrates how Worksport Ltd's total liabilities have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Worksport Ltd to see how much of total assets are deployed in long-term investments.
Worksport Ltd Competitors by Total Liabilities
The table below lists competitors of Worksport Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Indo Pureco Pratama Tbk PT
JK:IPPE
|
Indonesia | Rp14.29 Billion |
|
Franchise Brands PLC
LSE:FRAN
|
UK | GBX146.85 Million |
|
Izolacja Jarocin SA
WAR:IZO
|
Poland | zł-18.39 Million |
|
Stellar AfricaGold Inc.
V:SPX
|
Canada | CA$196.68K |
|
Amesite Operating Co
NASDAQ:AMST
|
USA | $189.98K |
|
Sonim Technologies Inc
NASDAQ:SONM
|
USA | $5.75 Million |
|
Liminatus Pharma, Inc. Class A Common Stock
NASDAQ:LIMN
|
USA | $3.10 Million |
|
Soco Corporation Ltd
AU:SOC
|
Australia | AU$6.35 Million |
Liability Composition Analysis (2002–2025)
This chart breaks down Worksport Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the complete balance sheet picture, see Worksport Ltd asset portfolio.
Liquidity & Leverage Metrics
Worksport Ltd Total Liabilities Ratios Explained
Worksport Ltd total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.95 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.40 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.28 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Worksport Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Worksport Ltd (2002–2025)
The table below shows the annual total liabilities of Worksport Ltd from 2002 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $7.84 Million | -5.83% |
| 2024-12-31 | $8.32 Million | +7.04% |
| 2023-12-31 | $7.78 Million | -10.07% |
| 2022-12-31 | $8.65 Million | +309.02% |
| 2021-12-31 | $2.11 Million | +21.99% |
| 2020-12-31 | $1.73 Million | +27.04% |
| 2019-12-31 | $1.36 Million | +74.65% |
| 2018-12-31 | $780.93K | +46.26% |
| 2017-12-31 | $533.94K | -60.20% |
| 2016-12-31 | $1.34 Million | +348.62% |
| 2015-12-31 | $299.05K | +2.41% |
| 2014-12-31 | $292.02K | +29943.00% |
| 2013-12-31 | $972.00 | -36.47% |
| 2012-12-31 | $1.53K | +76400.00% |
| 2011-12-31 | $2.00 | -99.87% |
| 2010-12-31 | $1.56K | +1974.67% |
| 2009-12-31 | $75.00 | -99.99% |
| 2008-12-31 | $631.38K | +7.46% |
| 2007-12-31 | $587.54K | +5.79% |
| 2006-12-31 | $555.39K | +6.14% |
| 2005-12-31 | $523.25K | +6.55% |
| 2004-12-31 | $491.10K | +6.97% |
| 2003-12-31 | $459.11K | +1.75% |
| 2002-12-31 | $451.21K | -- |
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