Greenpower Motor (GP) Interest Coverage Ratio (2019 - 2026)
Greenpower Motor (GP) posted quarterly Interest Coverage Ratio of 0.69 for Q1 2026, down 91.46% year-over-year from 8.12 in Q1 2025, and down 88.46% quarter-over-quarter from 6.01 in Q4 2025.
Greenpower Motor (GP) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Greenpower Motor (GP) has reported Interest Coverage Ratio for 8 consecutive years, with 0.69 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 91.46% year-over-year to 0.69; the TTM figure through Mar 2026 stood at 1.75 (down 146.22% YoY), while the FY2026 annual figure was 0.59, down 92.85% from the prior year.
- Interest Coverage Ratio fell to 0.69 in Q1 2026 per GP's latest filing, from 6.01 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 41.36 in Q1 2024 and bottomed at 148.37 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 8.16 across 5 years, with a median of 4.42 in 2025.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio plunged 199.71% — and 2024, when it surged 369.95%.
- Greenpower Motor's Interest Coverage Ratio stood at 2.68 in 2022, then plunged by 81.79% to 4.88 in 2023, then slipped by 10.72% to 5.4 in 2024, then soared by 211.38% to 6.01 in 2025, then tumbled by 88.46% to 0.69 in 2026.
- Business Quant data shows GP's Interest Coverage Ratio at 0.69 in Q1 2026, 6.01 in Q4 2025, and 3.61 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 382.27 Bn | 375.56 Bn | 7.76 Bn | 11.86 |
| 2 | Deere | 172.98 Bn | 165.07 Bn | 13.06 Bn | 3.45 |
| 3 | Paccar | 69.13 Bn | 60.46 Bn | 1.56 Bn | - |
| 4 | CNH Industrial | 14.63 Bn | 12.76 Bn | 1.41 Bn | 1.76 |
| 5 | Oshkosh | 9.81 Bn | 9.41 Bn | 480.30 Mn | 7.92 |
| 6 | Agco | 7.63 Bn | 7.06 Bn | 645.90 Mn | - |
| 7 | Terex | 7.55 Bn | 7.15 Bn | 444.00 Mn | 3.74 |
| 8 | Blue Bird | 2.15 Bn | 2.03 Bn | 103.37 Mn | 31.91 |
| 9 | Alamo | 1.99 Bn | 1.79 Bn | 110.86 Mn | 9.55 |
| 10 | Greenpower Motor | 9.29 Mn | 9.27 Mn | 350,084.00 | -2.56 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.69 |
| Dec 31, 2025 | 6.01 |
| Sep 30, 2025 | -3.61 |
| Jun 30, 2025 | -4.42 |
| Mar 31, 2025 | 8.12 |
| Dec 31, 2024 | -5.40 |
| Sep 30, 2024 | -5.54 |
| Jun 30, 2024 | 6.71 |
| Mar 31, 2024 | 41.36 |
| Dec 31, 2023 | -4.88 |
| Sep 30, 2023 | -7.33 |
| Jun 30, 2023 | -9.09 |
| Mar 31, 2023 | 8.80 |
| Dec 31, 2022 | -2.68 |
| Sep 30, 2022 | -7.85 |
| Jun 30, 2022 | -11.23 |
| Mar 31, 2022 | -148.37 |
| Dec 31, 2021 | -29.77 |
| Sep 30, 2021 | 34.27 |
| Jun 30, 2021 | 11.26 |