Greentech Innovations (GTIC) Interest Coverage Ratio (2019 - 2026)
Greentech Innovations' (GTIC) quarterly Interest Coverage Ratio came in at 0.78 in 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.
Analysis
Greentech Innovations (GTIC) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Greentech Innovations (GTIC) has reported Interest Coverage Ratio for 8 consecutive years, with 0.78 the latest figure, recorded in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio fell 25.58% year-over-year to 0.78 in Q1 2026; TTM through Feb 2026 was 0.95, a 8.15% increase from a year earlier, with the FY2025 full-year figure at 1.05, up 12.08% from the prior year.
- Interest Coverage Ratio was 0.78 for Q1 2026 at Greentech Innovations, up from 0.92 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 0.53 in Q2 2024 and troughed at 2.6 in Q3 2023.
- A 5-year average of 1.04 and a median of 0.74 in 2023 frame the typical range for Interest Coverage Ratio.
- The widest YoY moves for Interest Coverage Ratio: up 36.43% in 2025, down 48.12% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 0.64 in 2022, then sank by 32.62% to 0.85 in 2023, then climbed by 26.86% to 0.62 in 2024, then tumbled by 48.12% to 0.92 in 2025, then climbed by 15.38% to 0.78 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.78 (Q1 2026), 0.92 (Q4 2025), and 1.5 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn | 85.40 |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn | 67.23 |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - | 21.76 |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn | - |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn | 17.22 |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn | 4.61 |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn | 4.29 |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | - |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn | - |
| 10 | Greentech Innovations | 1.09 Mn | 1.09 Mn | - | -0.78 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2026 | -0.78 |
| Nov 30, 2025 | -0.92 |
| Aug 31, 2025 | -1.50 |
| May 31, 2025 | -0.60 |
| Feb 28, 2025 | -0.62 |
| Nov 30, 2024 | -0.62 |
| Aug 31, 2024 | -2.35 |
| May 31, 2024 | -0.53 |
| Feb 29, 2024 | -0.81 |
| Nov 30, 2023 | -0.85 |
| Aug 31, 2023 | -2.60 |
| May 31, 2023 | -0.74 |
| Feb 28, 2023 | -0.73 |
| Nov 30, 2022 | -0.64 |
| Aug 31, 2022 | -2.17 |
| May 31, 2022 | -0.63 |
| Feb 28, 2022 | -0.65 |
| Nov 30, 2021 | -0.98 |
| Aug 31, 2021 | -1.81 |
| May 31, 2021 | -0.63 |