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
DateValue
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