Fuel Tech (FTEK) Interest Coverage Ratio (2010 - 2023)
Fuel Tech's (FTEK) quarterly Interest Coverage Ratio came in at 133.5 in Q4 2023, down 113.6% on a YoY basis from 981.62 in Q4 2022, and down 601.88% quarter-over-quarter from 26.6 in Q3 2023.
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Analysis
Fuel Tech (FTEK) Interest Coverage Ratio (2010 - 2023) Analysis & Trends
Fuel Tech (FTEK) has reported Interest Coverage Ratio for 11 consecutive years, with 133.5 the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Interest Coverage Ratio fell 113.6% year-over-year to 133.5; the trailing twelve-month figure through Sep 2024 stood at 564.5 (down 409.04% YoY), and the FY2023 full-year result was 126.57, down 40.91% from the prior year.
- Interest Coverage Ratio fell to 133.5 in Q4 2023 per FTEK's latest filing, from 26.6 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 270.78 in Q3 2020 and bottomed at 1305.0 in Q1 2019.
- Historically, Interest Coverage Ratio has averaged 231.55 across 5 years, with a median of 133.5 in 2023.
- The widest YoY moves for Interest Coverage Ratio: up 179.58% in 2020, down 187.54% in 2020.
- Over 5 years, Interest Coverage Ratio stood at 340.25 in 2019, then surged by 144.51% to 151.45 in 2020, then plunged by 129.18% to 44.2 in 2021, then tumbled by 41.4% to 62.5 in 2022, then tumbled by 113.6% to 133.5 in 2023.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 133.5, 26.6, and 266.4 for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ceco Environmental | 3.29 Bn | 3.23 Bn | 86.47 Mn | -3.65 |
| 2 | LanzaTech Global | 67.87 Mn | 22.89 Mn | 5.24 Mn | - |
| 3 | Fuel Tech | 51.44 Mn | 31.83 Mn | 2.68 Mn | - |
| 4 | 374Water | 43.09 Mn | 43.09 Mn | 1.98 Mn | -61.05 |
| 5 | Birchtech | 26.85 Mn | 15.01 Mn | 1.03 Mn | - |
| 6 | ClearSign Technologies | 24.66 Mn | 14.77 Mn | 228,000.00 | - |
| 7 | TOMI Environmental Solutions | 13.52 Mn | 12.97 Mn | 1.39 Mn | -2.16 |
| 8 | Liqtech International | 13.32 Mn | -2.33 Mn | 365,539.00 | -10.09 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -133.50 |
| Sep 30, 2023 | 26.60 |
| Jun 30, 2023 | -266.40 |
| Mar 31, 2023 | -131.60 |
| Dec 31, 2022 | -62.50 |
| Sep 30, 2022 | 48.00 |
| Jun 30, 2022 | -121.25 |
| Mar 31, 2022 | -196.80 |
| Dec 31, 2021 | -44.20 |
| Sep 30, 2021 | 115.60 |
| Jun 30, 2021 | -137.80 |
| Mar 31, 2021 | -289.25 |
| Dec 31, 2020 | 151.45 |
| Sep 30, 2020 | 270.78 |
| Jun 30, 2020 | -808.00 |
| Mar 31, 2020 | -894.33 |
| Sep 30, 2019 | -340.25 |
| Jun 30, 2019 | -281.00 |
| Mar 31, 2019 | -1,305.00 |
| Dec 31, 2015 | -6.33 |