WKSP (Worksport) Long-Term Debt: $0.88 Mil (As of Mar. 2026)


WKSP Worksport Ltd WKSP
45 GF Score
Price $0.86
GF Value $8.95
Valuation Possible Value Trap
! 5 Warning Signs
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What is Worksport Long-Term Debt?

Worksport WKSP +0.35% 45 Long-Term Debt is $0.88 Mil as of Mar. 2026. GuruFocus rates WKSP with a GF Score™ of 45/100 and a GF Value™ of $8.95 (Possible Value Trap). The stock has 5 warning signs investors should review.

Worksport's Long-Term Debt for the quarter that ended in Mar. 2026 was $0.88 Mil.

Worksport's quarterly Long-Term Debt declined from Sep. 2025 ($1.01 Mil) to Dec. 2025 ($0.95 Mil) and declined from Dec. 2025 ($0.95 Mil) to Mar. 2026 ($0.88 Mil).

Worksport's annual Long-Term Debt increased from Dec. 2023 ($0.00 Mil) to Dec. 2024 ($4.78 Mil) but then declined from Dec. 2024 ($4.78 Mil) to Dec. 2025 ($0.95 Mil).

Worksport  (NAS:WKSP) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Worksport Long-Term Debt Related Terms

Worksport Long-Term Debt Historical Data

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The historical data trend for Worksport's Long-Term Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Worksport Long-Term Debt Chart

Worksport Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 5.30 0.00 4.78 0.95

Worksport Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Long-Term Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.71 2.09 1.01 0.95 0.88
WKSP
45GF Score
Worksport Ltd WKSP
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $0.88 Mil mean?
Worksport (WKSP) has a Long-Term Debt of $0.88 Mil as of Mar. 2026.
Is Worksport's Long-Term Debt too high?
Worksport's current Long-Term Debt is $0.88 Mil. Overall, Worksport has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Worksport's Long-Term Debt compare to GTEC and INEO?
Worksport's Long-Term Debt of $0.88 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for a Vehicles & Parts company?
A good Long-Term Debt depends on the Vehicles & Parts industry context. However, Long-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Worksport's current Long-Term Debt is $0.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Worksport stock overvalued right now?
Based on GuruFocus' analysis, Worksport (WKSP) is currently considered Possible Value Trap. The stock's GF Value™ is $8.95, compared to a current price of $0.86 — trading 90.4% below its estimated fair value. The current Long-Term Debt is $0.88 Mil. Worksport's overall GF Score™ is 45/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Worksport (WKSP), the current Long-Term Debt is $0.88 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Worksport (WKSP) Overvalued in 2026?

Based on GuruFocus' analysis, Worksport stock appears to be undervalued. The current stock price of $0.86 is trading 90.4% below its estimated GF Value™ of $8.95. GuruFocus considers Worksport to be Possible Value Trap.

Key valuation signals for WKSP:

  • Long-Term Debt: $0.88 Mil
  • GF Value™: $8.95 vs. price of $0.86 (90.4% below fair value)
  • GF Score™: 45/100 with 5 warning signs

No single metric tells the full story. See the WKSP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Worksport Business Description

Address 2500 N America Drive, West Seneca, NY, USA, 14224
Worksport Ltd designs, develops, and manufactures products for markets including automotive accessories, consumer electronics, and residential and commercial HVAC systems. The company leverages a growing intellectual property portfolio of patents, designs, and trademarks covering products such as tonneau covers, solar-integrated tonneau covers, portable power stations, hydrogen-based green energy systems, heat pumps, and EV charging solutions. Its segments include soft tonneau covers, consisting mainly of vinyl-wrapped tri-fold and quad-fold covers manufactured by third-party suppliers, and hard tonneau covers, which generate the majority of revenue in the United States and include aluminum tri-fold and quad-fold covers manufactured and assembled in the United States.
45GF Score

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Long-Term Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.86
Price
$8.95
GF Value