| WKSP Stock | | | USD 0.92 0.08 8.00% |
Worksport financial indicator trend analysis is more than just analyzing Worksport current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Worksport is a good investment. Please check the relationship between Worksport Operating Cash Flow Per Share and its Capex To Revenue accounts. 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.
Operating Cash Flow Per Share vs Capex To Revenue
Operating Cash Flow Per Share vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Worksport Operating Cash Flow Per Share account and
Capex To Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Worksport's Operating Cash Flow Per Share and Capex To Revenue is 0.08. Overlapping area represents the amount of variation of Operating Cash Flow Per Share that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Worksport, assuming nothing else is changed. The correlation between historical values of Worksport's Operating Cash Flow Per Share and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Cash Flow Per Share of Worksport are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Operating Cash Flow Per Share i.e., Worksport's Operating Cash Flow Per Share and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.08 |
| Relationship Direction | Positive |
| Relationship Strength | Insignificant |
Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Worksport's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Worksport current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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
Selling General Administrative 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, while
Enterprise Value Over EBITDA is likely to drop
(2.09).
Worksport fundamental ratios Correlations
Click cells to compare fundamentals
Worksport Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Worksport fundamental ratios Accounts
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.