Worksport Historical Balance Sheet

WKSP Stock

USD 4.28 0.08 1.90%

Trend analysis of Worksport balance sheet accounts such as Total Assets of 27 M, Short Long Term Debt Total of 5.9 M, Other Current Liabilities of 1.2 M or Total Current Liabilities of 3.3 M provides information on Worksport's total assets, liabilities, and equity, which is the actual value of Worksport to its prevalent stockholders. By breaking down trends over time using Worksport balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

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Financial Statement Analysis is much more than just reviewing and examining Worksport latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Worksport is a good buy for the upcoming year.

Worksport Inventory

5.45 Million

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worksport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

To learn how to invest in Worksport Stock, please use our How to Invest in Worksport guide.

About Worksport Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Worksport at a specified time, usually calculated after every quarter, six months, or one year. Worksport Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Worksport and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Worksport currently owns. An asset can also be divided into two categories, current and non-current.

Worksport Balance Sheet Chart

At this time, Worksport's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 07/20/2025, Non Current Liabilities Total is likely to grow to about 5.4 M, while Cash is likely to drop slightly above 3.6 M.

Total Assets Short Long Term Debt Total Total Current Liabilities Accounts Payable

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Total Assets

Total assets refers to the total amount of Worksport assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Worksport books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Worksport balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Worksport are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Worksport obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Worksport are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most accounts from Worksport's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Worksport current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Worksport. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

To learn how to invest in Worksport Stock, please use our How to Invest in Worksport guide.At this time, Worksport's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 07/20/2025, Non Current Liabilities Total is likely to grow to about 5.4 M, while Cash is likely to drop slightly above 3.6 M.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	6.6M	6.2M	5.6M	5.9M
Total Assets	32.8M	26.0M	25.7M	27.0M

Short Long Term Debt Total Total Assets

Worksport balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Common Stock Total Equity	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Inventory	Intangible Assets	Net Receivables
Total Assets		0.81	0.38	0.7	0.99	-0.66	-0.56	-0.8	0.86	0.79	0.81	0.67	0.7	0.92	0.83	0.9	0.41	-0.16	0.53	0.8	0.81	0.1	0.97	0.68	0.91	0.69
Short Long Term Debt Total	0.81		0.52	0.83	0.71	-0.6	0.01	-0.92	0.86	0.31	0.35	0.46	0.84	0.9	0.99	0.49	0.54	-0.09	0.51	0.99	0.99	0.07	0.89	0.86	0.97	0.74
Other Current Liab	0.38	0.52		0.36	0.29	-0.16	0.16	-0.7	0.42	0.0	0.0	0.15	0.62	0.61	0.58	0.16	0.02	0.38	0.63	0.56	0.56	0.25	0.54	0.75	0.41	0.2
Total Current Liabilities	0.7	0.83	0.36		0.62	-0.65	0.02	-0.8	0.72	0.26	0.3	0.58	0.42	0.77	0.82	0.43	0.88	0.0	0.52	0.84	0.84	0.13	0.76	0.74	0.86	0.91
Total Stockholder Equity	0.99	0.71	0.29	0.62		-0.62	-0.69	-0.7	0.79	0.88	0.89	0.68	0.6	0.86	0.73	0.96	0.35	-0.19	0.49	0.69	0.71	0.11	0.92	0.57	0.84	0.64
Current Deferred Revenue	-0.66	-0.6	-0.16	-0.65	-0.62		0.3	0.64	-0.83	-0.48	-0.5	-0.46	-0.46	-0.67	-0.64	-0.57	-0.4	0.0	-0.44	-0.56	-0.57	-0.1	-0.63	-0.48	-0.64	-0.62
Net Debt	-0.56	0.01	0.16	0.02	-0.69	0.3		0.02	-0.29	-0.95	-0.93	-0.53	-0.05	-0.26	-0.03	-0.86	0.12	0.15	-0.18	0.04	0.02	-0.1	-0.37	0.13	-0.2	-0.14
Retained Earnings	-0.8	-0.92	-0.7	-0.8	-0.7	0.64	0.02		-0.83	-0.31	-0.33	-0.36	-0.79	-0.96	-0.95	-0.51	-0.47	0.01	-0.57	-0.95	-0.95	-0.07	-0.91	-0.97	-0.89	-0.66
Accounts Payable	0.86	0.86	0.42	0.72	0.79	-0.83	-0.29	-0.83		0.55	0.57	0.57	0.79	0.87	0.9	0.68	0.35	0.04	0.62	0.82	0.83	0.13	0.86	0.69	0.87	0.7
Cash	0.79	0.31	0.0	0.26	0.88	-0.48	-0.95	-0.31	0.55		1.0	0.67	0.31	0.53	0.35	0.97	0.07	-0.17	0.33	0.28	0.29	0.12	0.63	0.14	0.5	0.38
Cash And Short Term Investments	0.81	0.35	0.0	0.3	0.89	-0.5	-0.93	-0.33	0.57	1.0		0.69	0.32	0.56	0.38	0.98	0.12	-0.18	0.34	0.31	0.33	0.13	0.66	0.16	0.54	0.42
Common Stock Shares Outstanding	0.67	0.46	0.15	0.58	0.68	-0.46	-0.53	-0.36	0.57	0.67	0.69		0.24	0.47	0.48	0.69	0.45	0.05	0.48	0.42	0.43	0.15	0.57	0.21	0.59	0.64
Non Current Liabilities Total	0.7	0.84	0.62	0.42	0.6	-0.46	-0.05	-0.79	0.79	0.31	0.32	0.24		0.79	0.86	0.44	0.01	-0.06	0.44	0.82	0.82	0.03	0.77	0.74	0.76	0.34
Other Stockholder Equity	0.92	0.9	0.61	0.77	0.86	-0.67	-0.26	-0.96	0.87	0.53	0.56	0.47	0.79		0.93	0.71	0.44	-0.09	0.58	0.92	0.92	0.08	0.98	0.9	0.93	0.68
Total Liab	0.83	0.99	0.58	0.82	0.73	-0.64	-0.03	-0.95	0.9	0.35	0.38	0.48	0.86	0.93		0.53	0.49	-0.05	0.56	0.98	0.98	0.07	0.91	0.88	0.96	0.72
Total Current Assets	0.9	0.49	0.16	0.43	0.96	-0.57	-0.86	-0.51	0.68	0.97	0.98	0.69	0.44	0.71	0.53		0.19	-0.16	0.43	0.47	0.48	0.12	0.79	0.36	0.66	0.5
Short Term Debt	0.41	0.54	0.02	0.88	0.35	-0.4	0.12	-0.47	0.35	0.07	0.12	0.45	0.01	0.44	0.49	0.19		-0.06	0.27	0.56	0.57	0.15	0.44	0.44	0.61	0.84
Common Stock	-0.16	-0.09	0.38	0.0	-0.19	0.0	0.15	0.01	0.04	-0.17	-0.18	0.05	-0.06	-0.09	-0.05	-0.16	-0.06		0.74	-0.11	-0.11	0.7	-0.14	-0.07	-0.15	0.17
Common Stock Total Equity	0.53	0.51	0.63	0.52	0.49	-0.44	-0.18	-0.57	0.62	0.33	0.34	0.48	0.44	0.58	0.56	0.43	0.27	0.74		0.49	0.5	0.66	0.55	0.46	0.51	0.64
Property Plant And Equipment Net	0.8	0.99	0.56	0.84	0.69	-0.56	0.04	-0.95	0.82	0.28	0.31	0.42	0.82	0.92	0.98	0.47	0.56	-0.11	0.49		1.0	0.03	0.9	0.91	0.96	0.72
Non Current Assets Total	0.81	0.99	0.56	0.84	0.71	-0.57	0.02	-0.95	0.83	0.29	0.33	0.43	0.82	0.92	0.98	0.48	0.57	-0.11	0.5	1.0		0.04	0.91	0.91	0.96	0.73
Non Currrent Assets Other	0.1	0.07	0.25	0.13	0.11	-0.1	-0.1	-0.07	0.13	0.12	0.13	0.15	0.03	0.08	0.07	0.12	0.15	0.7	0.66	0.03	0.04		0.06	-0.04	0.09	0.35
Other Assets	0.97	0.89	0.54	0.76	0.92	-0.63	-0.37	-0.91	0.86	0.63	0.66	0.57	0.77	0.98	0.91	0.79	0.44	-0.14	0.55	0.9	0.91	0.06		0.84	0.94	0.68
Inventory	0.68	0.86	0.75	0.74	0.57	-0.48	0.13	-0.97	0.69	0.14	0.16	0.21	0.74	0.9	0.88	0.36	0.44	-0.07	0.46	0.91	0.91	-0.04	0.84		0.8	0.53
Intangible Assets	0.91	0.97	0.41	0.86	0.84	-0.64	-0.2	-0.89	0.87	0.5	0.54	0.59	0.76	0.93	0.96	0.66	0.61	-0.15	0.51	0.96	0.96	0.09	0.94	0.8		0.81
Net Receivables	0.69	0.74	0.2	0.91	0.64	-0.62	-0.14	-0.66	0.7	0.38	0.42	0.64	0.34	0.68	0.72	0.5	0.84	0.17	0.64	0.72	0.73	0.35	0.68	0.53	0.81

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Worksport Account Relationship Matchups

Worksport balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.9M	36.3M	32.8M	26.0M	25.7M	27.0M
Short Long Term Debt Total	712.8K	857.1K	6.6M	6.2M	5.6M	5.9M
Other Current Liab	36.8K	48.2K	112.2K	190.9K	1.2M	1.2M
Total Current Liabilities	1.7M	1.8M	2.5M	7.2M	3.2M	3.3M
Total Stockholder Equity	169.5K	34.2M	24.1M	18.2M	17.4M	18.3M
Net Debt	(395.0K)	(27.7M)	(8.0M)	2.9M	735.9K	772.7K
Retained Earnings	(12.9M)	(20.8M)	(33.4M)	(48.3M)	(64.5M)	(61.3M)
Accounts Payable	971.7K	1.1M	2.0M	1.3M	1.5M	1.6M
Cash	1.1M	28.6M	14.6M	3.4M	4.9M	3.6M
Cash And Short Term Investments	1.1M	28.6M	15.3M	4.9M	4.9M	4.0M
Common Stock Shares Outstanding	1.8M	2.7M	11.5M	10.0M	2.8M	2.6M
Liabilities And Stockholders Equity	1.9M	36.3M	32.8M	26.0M	25.7M	27.0M
Non Current Liabilities Total	14.6K	317.0K	6.2M	608.8K	5.1M	5.4M
Other Stockholder Equity	13.0M	55.0M	57.5M	64.7M	81.9M	86.0M
Total Liab	1.7M	2.1M	8.6M	7.8M	8.3M	8.7M
Total Current Assets	1.7M	34.0M	18.3M	9.1M	10.5M	11.0M
Short Term Debt	698.2K	540.1K	433.4K	5.6M	469.5K	662.1K
Common Stock	7.6K	1.7K	1.7K	2.0K	4.0K	3.1K
Property Plant And Equipment Net	130.0K	1.6M	13.1M	15.4M	14.2M	15.0M
Non Current Assets Total	217.4K	2.3M	14.4M	16.8M	15.3M	16.0M
Non Currrent Assets Other	(1.6K)	15.7K	24.4K	22.8K	1.6K	1.5K
Inventory	40.8K	501.8K	1.3M	3.6M	5.2M	5.4M
Intangible Assets	62.9K	593.1K	1.3M	1.3M	953.0K	1.0M
Net Receivables	290.6K	247.4K	330.6K	629.0K	212.3K	224.9K
Other Current Assets	245.5K	4.7M	1.3M	5.2K	192.2K	182.6K
Property Plant And Equipment Gross	130.0K	1.7M	13.7M	17.1M	17.3M	18.1M
Net Tangible Assets	(939.7K)	106.5K	33.6M	22.8M	26.3M	27.6M
Short Long Term Debt	674.3K	327.1K	46.1K	5.3M	223.0K	211.8K
Property Plant Equipment	154.8K	130.0K	1.6M	12.5M	14.4M	15.1M
Net Invested Capital	843.8K	34.5M	29.5M	23.5M	22.4M	15.2M
Net Working Capital	(33.3K)	32.2M	15.9M	2.0M	7.3M	7.7M
Capital Stock	7.6K	1.7K	1.7K	2.0K	4.0K	3.9K
Capital Lease Obligations	38.5K	529.9K	1.3M	937.0K	615.0K	633.1K

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.

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Worksport Historical Balance Sheet

Worksport Inventory

5.45 Million

About Worksport Balance Sheet Analysis

Worksport Balance Sheet Chart

Total Assets

Total Current Liabilities

Accounts Payable

Worksport balance sheet Correlations

Worksport Account Relationship Matchups

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Worksport balance sheet Accounts

Additional Tools for Worksport Stock Analysis

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Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Short Long Term Debt Total

Inventory	- 0.97	Retained Earnings
Other Stockholder Equity	- 0.96	Retained Earnings
Non Current Assets Total	- 0.95	Retained Earnings
Property Plant And Equipment Net	- 0.95	Retained Earnings
Total Liab	- 0.95	Retained Earnings
Cash	- 0.95	Net Debt