Worksport Historical Cash Flow
| WKSP Stock | USD 0.96 0.04 4.67% |
Analysis of Worksport cash flow over time is an excellent tool to project Worksport future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Non Cash Items of 6.9 M or Capital Expenditures of 4.5 M as it is a great indicator of Worksport ability to facilitate future growth, repay debt on time or pay out dividends.
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.
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About Worksport Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Worksport balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Worksport's non-liquid assets can be easily converted into cash.
Worksport Cash Flow Chart
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Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most accounts from Worksport's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement 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 cash flow statement 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 Change To Liabilities is relatively stable compared to the past year. As of 01/03/2025, Issuance Of Capital Stock is likely to grow to about 5.5 M, though Change In Working Capital is likely to grow to (3.3 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Begin Period Cash Flow | 28.6M | 14.6M | 16.8M | 17.7M | End Period Cash Flow | 14.6M | 3.4M | 3.9M | 3.3M |
Worksport cash flow statement Correlations
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Worksport Account Relationship Matchups
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Worksport cash flow statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 1.1M | 27.5M | (13.9M) | (11.3M) | (10.1M) | (9.6M) | |
| Free Cash Flow | (734.3K) | (5.2M) | (19.1M) | (15.6M) | (14.1M) | (13.4M) | |
| Change In Working Capital | (201.3K) | (612.8K) | (565.4K) | (3.9M) | (3.5M) | (3.3M) | |
| Other Cashflows From Financing Activities | 169.9K | 8.5M | (11.2M) | (3.8M) | (3.4M) | (3.2M) | |
| Other Non Cash Items | 635.6K | 4.3M | (264.2K) | 5.7M | 6.6M | 6.9M | |
| Capital Expenditures | 8.0K | 1.1M | 11.2M | 3.7M | 4.2M | 4.5M | |
| Total Cash From Operating Activities | (726.3K) | (4.0M) | (8.0M) | (11.9M) | (10.7M) | (10.2M) | |
| Net Income | (1.2M) | (7.9M) | (12.5M) | (14.9M) | (13.4M) | (12.8M) | |
| Total Cash From Financing Activities | 1.8M | 32.6M | 5.2M | 4.4M | 5.1M | 3.0M | |
| End Period Cash Flow | 1.1M | 28.6M | 14.6M | 3.4M | 3.9M | 3.3M | |
| Begin Period Cash Flow | 12.0K | 1.1M | 28.6M | 14.6M | 16.8M | 17.7M | |
| Change To Inventory | 72.4K | (461.0K) | (844.6K) | (2.3M) | (2.1M) | (2.0M) | |
| Depreciation | 27.0K | 211.7K | 486.6K | 1.1M | 1.3M | 1.3M | |
| Change To Account Receivables | (119.8K) | (2.2K) | 83.0 | (400.5K) | (360.5K) | (342.4K) | |
| Investments | (8.8K) | (1.1M) | (11.2M) | (3.8M) | (3.4M) | (3.2M) | |
| Net Borrowings | 87.8K | 581.2K | (214.7K) | 5.2M | 6.0M | 6.3M | |
| Total Cashflows From Investing Activities | (1.9K) | (124.0K) | (16.7K) | (1.1M) | (1.0M) | (967.6K) | |
| Change To Operating Activities | 554.4K | 8.6K | (105.9K) | (401.1K) | (361.0K) | (342.9K) | |
| Change To Netincome | 505.1K | (193.8K) | 635.6K | 4.3M | 4.9M | 5.1M | |
| Change To Liabilities | 405.2K | (59.3K) | 187.5K | 995.3K | 1.1M | 1.2M | |
| Other Cashflows From Investing Activities | (8.8K) | (30.0K) | (103.3K) | (66.3K) | (59.7K) | (56.7K) | |
| Issuance Of Capital Stock | 1.0M | 24.4M | 7.1K | 4.5M | 5.1M | 5.5M |
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.