Emera (EMA) Interest Coverage Ratio (2011 - 2024)
Emera's (EMA) quarterly Interest Coverage Ratio came in at 1.15 in Q4 2024, down 160.93% year-on-year from 1.89 in Q1 2024, and down 160.93% on a QoQ basis from 1.89 in Q4 2023.
Emera (EMA) Interest Coverage Ratio (2011 - 2024) Analysis & Trends
Emera (EMA) has 11 years of Interest Coverage Ratio data on file, last reported at 1.15 in Q4 2024.
- On a quarterly basis, Interest Coverage Ratio fell 160.93% year-over-year to 1.15 in Q4 2024; TTM through Dec 2024 was 2.49, a 62.92% decrease from a year earlier, with the FY2025 full-year figure at 1.88, up 75.19% from the prior year.
- Interest Coverage Ratio for Q4 2024 stood at 1.15, down from 1.89 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for EMA reached as high as 2.02 in Q4 2021 and fell as low as 1.15 in Q4 2024.
- Historically, Interest Coverage Ratio has averaged 0.99 across 4 years, with a median of 1.45 in 2020.
- Across the five-year window, Interest Coverage Ratio gained 4.67% in 2021 and tumbled 160.93% in 2024, its largest moves.
- Year by year, Interest Coverage Ratio stood at 1.93 in 2020, then increased by 4.67% to 2.02 in 2021, then fell by 6.04% to 1.89 in 2023, then tumbled by 160.93% to 1.15 in 2024.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.15 in Q4 2024, 1.89 in Q4 2023, and 2.02 in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 462,782.01 Bn | 462,783.29 Bn | 1.70 Bn | 4.00 |
| 2 | Dominion Energy | 62.80 Bn | 67.01 Bn | - | 2.48 |
| 3 | Xcel Energy | 50.41 Bn | 48.65 Bn | 4.02 Bn | 1.83 |
| 4 | Wec Energy | 37.36 Bn | 37.32 Bn | 2.04 Bn | 4.29 |
| 5 | Energy Co Of Parana | 34.84 Bn | 34.18 Bn | - | - |
| 6 | Ameren | 31.32 Bn | 31.43 Bn | - | 2.61 |
| 7 | Edison International | 30.65 Bn | 30.49 Bn | - | 6.58 |
| 8 | Firstenergy | 28.61 Bn | 29.98 Bn | 2.74 Bn | 2.54 |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | - |
| 10 | Emera | 16.40 Bn | 16.41 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -1.15 |
| Dec 31, 2023 | 1.89 |
| Dec 31, 2021 | 2.02 |
| Jun 30, 2021 | 0.23 |
| Dec 31, 2020 | 1.93 |
| Jun 30, 2020 | 1.01 |
| Dec 31, 2019 | 3.18 |
| Dec 31, 2018 | 3.81 |
| Dec 31, 2017 | 0.61 |
| Dec 31, 2016 | 1.87 |
| Dec 31, 2015 | 1.10 |
| Mar 31, 2012 | 3.85 |
| Dec 31, 2011 | 1.12 |
| Sep 30, 2011 | 2.05 |
| Mar 31, 2011 | 3.74 |