Worksport Capital Lease Obligations from 2010 to 2025

WKSP Stock  USD 0.96  0.04  4.67%   
Worksport Capital Lease Obligations yearly trend continues to be relatively stable with very little volatility. Capital Lease Obligations is likely to drop to about 624.4 K. Capital Lease Obligations is the total obligations of Worksport under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2019-09-30
Previous Quarter
824.6 K
Current Value
728.7 K
Quarterly Volatility
502.2 K
 
Covid
Check Worksport financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Worksport's main balance sheet or income statement drivers, such as Interest Expense of 744.1 K, Selling General Administrative of 16.3 M or Other Operating Expenses of 19.6 M, as well as many indicators such as Price To Sales Ratio of 21.16, Dividend Yield of 0.0 or PTB Ratio of 1.24. Worksport financial statements analysis is a perfect complement when working with Worksport Valuation or Volatility modules.
  
Check out the analysis of Worksport Correlation against competitors.
To learn how to invest in Worksport Stock, please use our How to Invest in Worksport guide.

Latest Worksport's Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Worksport over the last few years. Worksport capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Worksport asset purchases. For example, Worksport can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Worksport control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Worksport's Capital Lease Obligations historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Worksport's overall financial position and show how it may be relating to other accounts over time.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Worksport Capital Lease Obligations Regression Statistics

Arithmetic Mean318,166
Geometric Mean134,899
Coefficient Of Variation134.47
Mean Deviation356,184
Median61,185
Standard Deviation427,831
Sample Variance183B
Range1.2M
R-Value0.74
Mean Square Error88.1B
R-Squared0.55
Significance0.001
Slope66,698
Total Sum of Squares2.7T

Worksport Capital Lease Obligations History

2025624.4 K
20241.1 M
2023937 K
20221.3 M
2021529.9 K
202038.5 K

About Worksport Financial Statements

Worksport shareholders use historical fundamental indicators, such as Capital Lease Obligations, to determine how well the company is positioned to perform in the future. Although Worksport investors may analyze each financial statement separately, they are all interrelated. The changes in Worksport's assets and liabilities, for example, are also reflected in the revenues and expenses on on Worksport's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Capital Lease Obligations1.1 M624.4 K

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.