Worksport Ltd Working Capital to Net Assets Ratio
Worksport Ltd working capital to net assets ratio. Worksport Ltd (WKSP) has a Working Capital to Net Assets ratio of 32.9% as of March 2026. Working capital of $6.58 Million (current assets of $13.47 Million minus current liabilities of $6.89 Million) is measured against net assets of $19.98 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Worksport Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Worksport Ltd (2002–2025)
Working capital to net assets ratio of Worksport Ltd from 2002 to 2025. This chart shows how Worksport Ltd's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2002 to 2025. As of March 2026, the ratio stands at 32.9%, reflecting working capital of $6.58 Million against net assets of $19.98 Million USD. See WKSP cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Worksport Ltd Working Capital to Net Assets Ratio by Year (2002–2025)
Worksport Ltd working capital to net assets ratio by year from 2002 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Worksport Ltd from 2002 to 2025, covering 17 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see WKSP total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 43.9% | $10.06 Million | $22.93 Million | $16.79 Million | $6.73 Million | ▲ +1.9 pp |
| 2024 | 41.9% | $7.30 Million | $17.41 Million | $10.48 Million | $3.17 Million | ▲ +31.2 pp |
| 2023 | 10.8% | $1.96 Million | $18.18 Million | $9.12 Million | $7.17 Million | ▼ -55.0 pp |
| 2022 | 65.8% | $15.87 Million | $24.12 Million | $18.33 Million | $2.46 Million | ▼ -28.5 pp |
| 2021 | 94.3% | $32.24 Million | $34.18 Million | $34.03 Million | $1.80 Million | ▲ +114.0 pp |
| 2020 | -19.6% | $-33.29K | $169.47K | $1.68 Million | $1.72 Million | ▼ -141.0 pp |
| 2019 | 121.4% | $-1.07 Million | $-882.56K | $253.69K | $1.32 Million | ▼ -3.9 pp |
| 2018 | 125.3% | $-280.09K | $-223.56K | $500.83K | $780.93K | ▲ +77.1 pp |
| 2017 | 48.1% | $178.89K | $371.53K | $712.83K | $533.94K | ▼ -46.7 pp |
| 2016 | 94.9% | $-953.37K | $-1.00 Million | $284.16K | $1.24 Million | ▲ +1219.3 pp |
| 2015 | -1124.4% | $-41.82K | $3.72K | $252.59K | $294.41K | ▼ -1326.6 pp |
| 2014 | 202.1% | $-15.02K | $-7.43K | $277.00K | $292.02K | ▲ +102.1 pp |
| 2013 | 100.0% | $10.00 | $10.00 | $982.00 | $972.00 | ▲ +0.0 pp |
| 2012 | 100.0% | $-1.21K | $-1.21K | $318.00 | $1.53K | ▲ +0.0 pp |
| 2010 | 100.0% | $-886.00 | $-886.00 | $670.00 | $1.56K | ▲ +0.0 pp |
| 2008 | 100.0% | $-630.78K | $-630.78K | $602.00 | $631.38K | ▲ +0.0 pp |
| 2002 | 100.0% | $-450.61K | $-450.61K | $602.00 | $451.21K | — |