Ocean Thermal Energy (CPWR) Interest Coverage Ratio (2010 - 2026)
Ocean Thermal Energy (CPWR) posted Interest Coverage Ratio of 0.66 for Q1 2026, down 133.47% sequentially from 1.97 in Q4 2025, and down 75.3% YoY from 2.67 in Q1 2025.
Ocean Thermal Energy (CPWR) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Ocean Thermal Energy has reported Interest Coverage Ratio for 17 years, with the latest figure at 0.66 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 75.3% year-over-year to 0.66 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.17 (up 76.4% YoY) and the FY2025 annual result came in at 0.01, up 89.62% from the prior year.
- Interest Coverage Ratio retreated to 0.66 in Q1 2026 per CPWR's latest filing, from 1.97 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 1.97 in Q4 2025 and troughed at 10.08 in Q4 2024.
- A 5-year average of 0.93 and a median of 0.65 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio plunged 4743.03% in 2024, then jumped 119.55% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 0.26 in 2022, then declined by 17.89% to 0.22 in 2023, then slumped by 4743.03% to 10.08 in 2024, then surged by 119.55% to 1.97 in 2025, then plunged by 133.47% to 0.66 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.66, 1.97, and 0.4 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.86 Bn | 10.69 Bn | 117.49 Mn | 1.51 |
| 2 | Ormat Technologies | 6.97 Bn | 6.31 Bn | 68.70 Mn | 0.78 |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn | 0.21 |
| 4 | Clearway Energy | 3.79 Bn | 3.45 Bn | 332.00 Mn | 1.10 |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 0.02 |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn | -1.28 |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.55 Mn | - | 2.00 |
| 8 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | -2.43 |
| 9 | Energy Vault Holdings | 671.14 Mn | 602.39 Mn | 4.79 Mn | -1.43 |
| 10 | Ocean Thermal Energy | 19.46 Mn | 19.29 Mn | -259,467.00 | -0.66 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.66 |
| Dec 31, 2025 | 1.97 |
| Sep 30, 2025 | -0.40 |
| Jun 30, 2025 | -0.19 |
| Mar 31, 2025 | -0.38 |
| Dec 31, 2024 | -10.08 |
| Sep 30, 2024 | -0.60 |
| Jun 30, 2024 | -0.64 |
| Mar 31, 2024 | -0.65 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | -0.71 |
| Jun 30, 2023 | -0.65 |
| Mar 31, 2023 | -0.68 |
| Dec 31, 2022 | 0.26 |
| Sep 30, 2022 | -0.84 |
| Jun 30, 2022 | -0.87 |
| Mar 31, 2022 | -0.89 |
| Dec 31, 2021 | -105.46 |
| Sep 30, 2021 | -0.87 |
| Jun 30, 2021 | -1.16 |