Bakkt (BKKT-WT) Interest Coverage Ratio (2020 - 2026)
Bakkt (BKKT-WT) posted quarterly Interest Coverage Ratio of 169.24 for Q1 2026, down 119.27% year-over-year from 878.47 in Q1 2025, and down 85.95% quarter-over-quarter from 91.02 in Q4 2025.
Bakkt (BKKT-WT) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Bakkt's Interest Coverage Ratio history runs 7 years deep, the most recent figure standing at 169.24 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 119.27% year-over-year to 169.24; the TTM figure through Mar 2026 stood at 89.23 (down 35.23% YoY), while the FY2025 annual figure was 0.83, down 53.7% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 169.24, down from 91.02 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 4.89 in Q4 2023, with the low at 301.8 in Q4 2022.
- The 5-year median for Interest Coverage Ratio is 46.22 (2025), against an average of 80.06.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio soared 101.62% in 2023, then slumped 2142.96% in 2024.
- Bakkt's Interest Coverage Ratio stood at 301.8 in 2022, then surged by 101.62% to 4.89 in 2023, then sank by 2142.96% to 99.93 in 2024, then grew by 8.92% to 91.02 in 2025, then plunged by 85.95% to 169.24 in 2026.
- Business Quant data shows BKKT-WT's Interest Coverage Ratio at 169.24 in Q1 2026, 91.02 in Q4 2025, and 126.32 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 9.60 |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 0.06 |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.26 |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -0.21 |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 9.17 |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -0.72 |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 0.15 |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 0.00 |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 3.33 |
| 10 | Bakkt | 1.35 Mn | -49.35 Mn | 2.21 Mn | -196.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -196.13 |
| Mar 31, 2026 | -169.24 |
| Dec 31, 2025 | -91.02 |
| Sep 30, 2025 | -126.32 |
| Jun 30, 2025 | -46.22 |
| Mar 31, 2025 | -77.19 |
| Dec 31, 2024 | -99.93 |
| Sep 30, 2024 | -125.69 |
| Jun 30, 2024 | -36.70 |
| Mar 31, 2024 | -45.48 |
| Dec 31, 2023 | 4.89 |
| Sep 30, 2023 | -10.53 |
| Jun 30, 2023 | -6.58 |
| Mar 31, 2023 | -8.09 |
| Dec 31, 2022 | -301.80 |
| Sep 30, 2022 | -209.09 |
| Jun 30, 2022 | -5.71 |
| Mar 31, 2022 | -6.36 |
| Sep 30, 2021 | -49.77 |
| Jun 30, 2021 | -62.65 |