Worksport

Worksport Debt

The Debt of Worksport (WKSP) as of Nov 11, 2026 is 2.91 M USD. In the previous year, Debt was 5.62 M USD — a change of -48.21% (lower).

Debt

2.91 MUSD

YoY

-48.21%

Last updated:

In 2025, Worksport's total debt was 2.91 M USD, a -48.21% change from the 5.62 M USD total debt recorded in the previous year.

The Worksport Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Debt
Date
Debt
Jan 1, 2018
296,797.00 USD
Jan 1, 2019
357,704.00 USD
Jan 1, 2020
712,794.00 USD
Jan 1, 2021
857,062.00 USD
Jan 1, 2022
6.62 M USD
Jan 1, 2023
6.24 M USD
Jan 1, 2024
5.62 M USD
Jan 1, 2025
2.91 M USD
The Worksport Debt history
YEARDebtYoY
2.91 MUSD-48.21%
5.62 MUSD-9.94%
6.24 MUSD-5.72%
6.62 MUSD+672.12%
857,062.00USD+20.24%
712,794.00USD+99.27%
357,704.00USD+20.52%
296,797.00USD-0.42%
298,055.00USD+2.18%
291,682.00USD+532.72%
46,100.00USD—

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Worksport Stock analysis

What does Worksport do? Worksport Ltd. generates revenue through the sale of tonneau covers and energy solutions. The company offers soft tonneau covers including The Worksport SC3, SC3 PRO, SC4, and SC4 PRO, as well as hard tonneau covers like The Worksport TC3, TC3 PRO, FC4, FC3, and FC4 PRO. Its energy products consist of the Worksport SOLIS tonneau cover and the Worksport COR energy storage system. These products target the automotive aftermarket accessories, power storage, residential heating, and electric vehicle-charging industries. Customers in these segments purchase the tonneau covers for vehicle protection and the energy systems for sustainable power solutions. The Worksport SOLIS integrates solar technology into tonneau covers, providing renewable energy for vehicle charging, while the COR system stores energy for residential and commercial use. The company's product lines cater to both consumer and commercial markets within the automotive and energy sectors. Sales are driven by the demand for innovative, eco-friendly vehicle accessories and energy storage solutions. Worksport Ltd. focuses on the automotive aftermarket for tonneau covers, targeting vehicle owners seeking secure and stylish storage solutions. The energy products address the growing market for green energy, appealing to environmentally conscious consumers and businesses in power storage and residential heating. The company's portfolio combines functional vehicle accessories with sustainable energy systems to meet diverse customer needs. Worksport is one of the most popular companies on Eulerpool.

Debt Details

Understanding Worksport's Debt Structure

Worksport's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Worksport's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Worksport’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Worksport’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Worksport stock

Debt of Worksport is 2.91 M USD in 2025.

Debt of Worksport changed from 5.62 M USD to 2.91 M USD, representing a -48.21% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Debt Worksport since 2006 – with annual values, charts, and detailed analysis.

Debt's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Debt's Worksport historically and in real time.

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Balance Sheet — Worksport

All Key Metrics — Worksport