Worksport Total Operating Expenses from 2010 to 2025

WKSP Stock  USD 0.92  0.08  8.00%   
Worksport Total Operating Expenses yearly trend continues to be relatively stable with very little volatility. Total Operating Expenses is likely to grow to about 18.1 M this year. Total Operating Expenses is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. View All Fundamentals
 
Total Operating Expenses  
First Reported
2002-03-31
Previous Quarter
4.2 M
Current Value
4.2 M
Quarterly Volatility
1.3 M
 
Housing Crash
 
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 Total Operating Expenses Growth Pattern

Below is the plot of the Total Operating Expenses of Worksport over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. Worksport's Total Operating Expenses 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.
Total Operating Expenses10 Years Trend
Slightly volatile
   Total Operating Expenses   
       Timeline  

Worksport Total Operating Expenses Regression Statistics

Arithmetic Mean4,922,265
Geometric Mean785,908
Coefficient Of Variation138.61
Mean Deviation5,753,608
Median1,029,591
Standard Deviation6,822,638
Sample Variance46.5T
Range18.1M
R-Value0.83
Mean Square Error15.2T
R-Squared0.70
Significance0.00006
Slope1,194,859
Total Sum of Squares698.2T

Worksport Total Operating Expenses History

202518.1 M
202417.2 M
202315 M
202212.8 M
20217.5 M
2020M
2019859.9 K

About Worksport Financial Statements

Worksport shareholders use historical fundamental indicators, such as Total Operating Expenses, 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
Total Operating Expenses17.2 M18.1 M

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.