CBAK Energy Technology (CBAT) Interest Coverage Ratio (2018 - 2021)
CBAK Energy Technology's (CBAT) quarterly Interest Coverage Ratio came in at 3.67 in Q1 2021, up 26.22% year-on-year from 2.91 in Q1 2020, and up 15.99% quarter-over-quarter from 4.37 in Q4 2020.
CBAK Energy Technology (CBAT) Interest Coverage Ratio (2018 - 2021) Analysis & Trends
CBAK Energy Technology has disclosed Interest Coverage Ratio across 4 years of filings, most recently posting 3.67 for Q1 2021.
- Interest Coverage Ratio for Q1 2021 came in at 3.67, up 26.22% year-over-year; the trailing twelve-month figure through Dec 2021 was 1487.69 (up 53077.59% YoY), and the FY2020 annual result was 1.18, up 73.23% from the prior year.
- Interest Coverage Ratio came in at 3.67 for Q1 2021 at CBAK Energy Technology, up from 4.37 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 5.55 in Q3 2018 to a low of 8.84 in Q1 2019.
- The 4-year median for Interest Coverage Ratio is 3.67 (2021), against an average of 3.58.
- Across the five-year window, Interest Coverage Ratio plunged 178.98% in 2019 and jumped 100.79% in 2020, its largest moves.
- CBAK Energy Technology's Interest Coverage Ratio stood at 3.55 in 2018, then slumped by 84.28% to 6.54 in 2019, then surged by 33.22% to 4.37 in 2020, then gained by 15.99% to 3.67 in 2021.
- The last three Interest Coverage Ratio figures came in at 3.67 (Q1 2021), 4.37 (Q4 2020), and 0.02 (Q3 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | -100.02 |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 8.39 |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 150.54 |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | - |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 16.66 |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | - |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | -24.97 |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | - |
| 10 | CBAK Energy Technology | - | - | 1.04 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | -3.67 |
| Dec 31, 2020 | -4.37 |
| Sep 30, 2020 | 0.02 |
| Jun 30, 2020 | -2.36 |
| Mar 31, 2020 | -4.97 |
| Dec 31, 2019 | -6.54 |
| Sep 30, 2019 | -3.09 |
| Jun 30, 2019 | -5.71 |
| Mar 31, 2019 | -8.84 |
| Dec 31, 2018 | -3.55 |
| Sep 30, 2018 | 5.55 |
| Jun 30, 2018 | -5.81 |
| Mar 31, 2018 | -3.17 |