Worksport Ltd. cash flow to debt ratio of -595.03% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.

Worksport Ltd.'s free cash flow has decreased 69.72% from $-10.67M last year to $-18.10M, signaling decreasing performance

Worksport Ltd.'s debt to equity ratio is 0.18, which means that the company's assets are healthy financed, signaling financial stability.

Worksport Ltd.'s debt has decreased relative to shareholder equity from 0.32 last year to 0.18 today, signaling strengthened financials

Worksport Ltd. has a net cash position, so leverage is healthy.

Worksport Ltd.'s interest coverage ratio is -61.13, which means that the company struggles to meet interest obligations, signaling financial risk.

Worksport Ltd.'s profit margin has increased (-36.67%) in the last year from -190.51% to -120.65%, signaling increasing performance

Worksport Ltd.'s short-term assets of $16.79M exceed its short-term liabilities of $6.73M

Worksport Ltd.'s return on assets of 0.00% is lower than the 5.00% threshold, indicating inefficient asset utilization

Worksport Ltd.'s return on equity of -102.93%, is lower than 15.00%, indicating bad performance

Worksport Ltd.'s operating cash flow is lower than its net income, indicating that earnings may not be fully backed by cash generation

Worksport Ltd. had positive net income in only 0 out of 5 years, indicating unstable earnings

Worksport Ltd. has negative free cash flow, indicating the company is burning cash rather than generating it

Worksport Ltd. has negative free cash flow, indicating cash burn

Worksport Ltd.'s yearly earnings has decreased 19.73% since last year from $-16.16M to $-19.35M, signaling decreasing performance

Worksport Ltd.'s yearly revenue has increased 89.78% since last year from $8.48M to $16.10M, signaling increasing performance

ROIC -84.65% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.

Worksport Ltd.'s 3-year revenue CAGR of 417.03% is positive, indicating growing revenue over the past 3 years

Worksport Ltd. had revenue growth in 3 out of 5 years, indicating consistent revenue performance

Worksport Ltd. had positive ROE in only 0 out of 5 years, indicating inconsistent returns on equity

Worksport Ltd. has insufficient data to evaluate this check.

Worksport Ltd. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Worksport Ltd. is overvalued relative to its fair value price of 0.00 based on EBITDA multiple model

Worksport Ltd. has negative or missing EBITDA, making EV/EBITDA ratio unreliable

Worksport Ltd. has insufficient data to evaluate this check.

Worksport Ltd. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Worksport Ltd. has a price-to-book ratio of 0.37x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

Worksport Ltd. has a price-to-sales ratio of 0.43x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue