Emera (EMA) Interest Coverage Ratio (2009 - 2024)
Emera (EMA) posted quarterly Interest Coverage Ratio of 1.15 for Q4 2024, down 37.56% year-over-year from 1.85 in Q1 2024, and down 37.56% quarter-over-quarter from 1.85 in Q4 2023.
Emera (EMA) Interest Coverage Ratio (2009 - 2024) Analysis & Trends
Emera (EMA) has reported Interest Coverage Ratio for 13 consecutive years, with 1.15 the latest figure, recorded in Q4 2024.
- In Q4 2024, Interest Coverage Ratio fell 37.56% year-over-year to 1.15; the TTM figure through Dec 2024 stood at 4.8 (down 26.85% YoY), while the FY2025 annual figure was 1.88, up 75.19% from the prior year.
- Interest Coverage Ratio declined to 1.15 in Q4 2024 per EMA's latest filing, from 1.85 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 1.93 in Q4 2020 and bottomed at 0.23 in Q2 2021.
- Historically, Interest Coverage Ratio has averaged 1.23 across 4 years, with a median of 1.17 in 2021.
- Annual changes were most pronounced in 2021 — Interest Coverage Ratio plunged 76.76% — and 2024, when it tumbled 37.56%.
- Emera's Interest Coverage Ratio stood at 1.93 in 2020, then plunged by 38.26% to 1.19 in 2021, then soared by 55.44% to 1.85 in 2023, then sank by 37.56% to 1.15 in 2024.
- Business Quant data shows EMA's Interest Coverage Ratio at 1.15 in Q4 2024, 1.85 in Q4 2023, and 1.19 in Q4 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.09 Bn | 75.27 Bn | - | - |
| 2 | Dominion Energy | 58.78 Bn | 57.99 Bn | 3.50 Bn | 0.59 |
| 3 | Xcel Energy | 48.01 Bn | 46.00 Bn | 3.12 Bn | 1.59 |
| 4 | Wec Energy | 34.86 Bn | 34.81 Bn | 1.45 Bn | 1.89 |
| 5 | Ameren | 29.60 Bn | 29.59 Bn | - | 2.20 |
| 6 | Fortis | 28.22 Bn | 28.22 Bn | 1.60 Bn | 2.47 |
| 7 | Edison International | 27.69 Bn | 27.45 Bn | 3.29 Bn | 2.12 |
| 8 | Firstenergy | 26.63 Bn | 26.44 Bn | 2.51 Bn | 2.01 |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 3.45 |
| 10 | Emera | 15.18 Bn | 14.49 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 1.15 |
| Dec 31, 2023 | 1.85 |
| Dec 31, 2021 | 1.19 |
| Jun 30, 2021 | 0.23 |
| Dec 31, 2020 | 1.93 |
| Jun 30, 2020 | 1.01 |
| Dec 31, 2019 | 3.18 |
| Dec 31, 2018 | 0.98 |
| Dec 31, 2017 | 0.61 |
| Dec 31, 2016 | 0.42 |
| Dec 31, 2015 | 1.10 |
| Mar 31, 2012 | 0.84 |
| Dec 31, 2011 | 1.12 |
| Mar 31, 2011 | 3.74 |
| Dec 31, 2010 | 0.78 |
| Dec 31, 2009 | 5.02 |