Greentech Innovations (GTIC) Interest Coverage Ratio (2016 - 2026)
Greentech Innovations (GTIC) posted quarterly Interest Coverage Ratio of 0.78 for Q1 2026, down 25.58% year-over-year from 1.04 in Q1 2025, and up 15.38% quarter-over-quarter from 0.92 in Q4 2025.
Greentech Innovations (GTIC) Interest Coverage Ratio (2016 - 2026) Analysis & Trends
Greentech Innovations (GTIC) has reported Interest Coverage Ratio for 11 consecutive years, with 0.78 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 25.58% year-over-year to 0.78; the TTM figure through Feb 2026 stood at 1.95 (up 28.4% YoY), while the FY2025 annual figure was 2.05, up 6.58% from the prior year.
- Interest Coverage Ratio climbed to 0.78 in Q1 2026 per GTIC's latest filing, from 0.92 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 2.23 in Q2 2023 and bottomed at 4.57 in Q2 2025.
- Historically, Interest Coverage Ratio has averaged 1.29 across 5 years, with a median of 0.88 in 2023.
- On a YoY basis, Interest Coverage Ratio climbed as much as 292.07% in 2023 and fell as far as 168.26% in 2023.
- Greentech Innovations' Interest Coverage Ratio stood at 0.64 in 2022, then sank by 32.62% to 0.85 in 2023, then increased by 26.86% to 0.62 in 2024, then tumbled by 48.12% to 0.92 in 2025, then increased by 15.38% to 0.78 in 2026.
- Business Quant data shows GTIC's Interest Coverage Ratio at 0.78 in Q1 2026, 0.92 in Q4 2025, and 1.5 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -8.75 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.32 |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.80 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 14.88 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.15 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -6.14 |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -13.95 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 15.65 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.58 |
| 10 | Greentech Innovations | 733,834.77 | 733,834.77 | - | -0.78 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | -0.78 |
| Nov 30, 2025 | -0.92 |
| Aug 31, 2025 | -1.50 |
| May 31, 2025 | -4.57 |
| Feb 28, 2025 | -0.62 |
| Nov 30, 2024 | -0.62 |
| Aug 31, 2024 | -2.35 |
| Feb 29, 2024 | -0.81 |
| Nov 30, 2023 | -0.85 |
| Aug 31, 2023 | -2.60 |
| May 31, 2023 | 2.23 |
| Feb 28, 2023 | -1.73 |
| Nov 30, 2022 | -0.64 |
| Aug 31, 2022 | -3.17 |
| May 31, 2022 | -1.16 |
| Feb 28, 2022 | -0.65 |
| Nov 30, 2021 | -0.98 |
| Aug 31, 2021 | -1.81 |
| May 31, 2021 | -0.66 |
| Feb 28, 2021 | -0.51 |