Worksport Roic from 2010 to 2025

WKSP Stock  USD 0.92  0.08  8.00%   
Worksport ROIC yearly trend continues to be relatively stable with very little volatility. ROIC is likely to drop to -0.76. ROIC is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. View All Fundamentals
 
ROIC  
First Reported
2010-12-31
Previous Quarter
(0.72)
Current Value
(0.76)
Quarterly Volatility
527.3389655
 
Credit Downgrade
 
Yuan Drop
 
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 Roic Growth Pattern

Below is the plot of the Roic of Worksport over the last few years. It is return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders. Worksport's ROIC 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.
Roic10 Years Trend
Slightly volatile
   Roic   
       Timeline  

Worksport Roic Regression Statistics

Arithmetic Mean(128.24)
Geometric Mean4.15
Coefficient Of Variation(411.21)
Mean Deviation246.78
Median(0.42)
Standard Deviation527.34
Sample Variance278,086
Range2.2K
R-Value0.29
Mean Square Error272,226
R-Squared0.09
Significance0.27
Slope32.55
Total Sum of Squares4.2M

Worksport Roic History

2025 -0.76
2024 -0.72
2023 -0.63
2022 -0.42
2021 -0.23
2020 -1.52
2019 1.24

About Worksport Financial Statements

Worksport shareholders use historical fundamental indicators, such as Roic, 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
ROIC(0.72)(0.76)

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.