Greenwave Technology Solutions (GWAV) Debt Ratio (2016 - 2025)

Greenwave Technology Solutions (GWAV) recorded quarterly Debt Ratio of 0.1 in Q3 2025, up 4.46% quarter-over-quarter from 0.1 in Q2 2025, and up 60.16% on a YoY basis from 0.06 in Q3 2024.

Greenwave Technology Solutions (GWAV) Debt Ratio (2016 - 2025) Analysis & Trends

Greenwave Technology Solutions' Debt Ratio history runs 10 years deep, the most recent figure standing at 0.1 for Q3 2025.

  • In Q3 2025, Debt Ratio rose 60.16% year-over-year to 0.1; the TTM figure through Sep 2025 stood at 0.1 (up 60.16% YoY), while the FY2024 annual figure was 0.07, down 49.82% from the prior year.
  • Debt Ratio was 0.1 for Q3 2025 at Greenwave Technology Solutions, up from 0.1 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 4083.18 in Q3 2021 to a low of 0.02 in Q2 2022.
  • Historically, Debt Ratio has averaged 286.58 across 5 years, with a median of 0.13 in 2023.
  • The sharpest annual moves came in 2021 and 2023: Debt Ratio slumped 100.0% in 2021, then jumped 1186.01% in 2023.
  • A 5-year view of Debt Ratio shows it stood at 1.15 in 2021, then tumbled by 84.7% to 0.18 in 2022, then retreated by 23.7% to 0.13 in 2023, then sank by 49.82% to 0.07 in 2024, then soared by 52.26% to 0.1 in 2025.
  • The last three Debt Ratio figures came in at 0.1 (Q3 2025), 0.1 (Q2 2025), and 0.08 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 GFL Environmental 252.38 Bn 252.50 Bn 218.62 Mn 0.45
2 Waste Connections 40.24 Bn 40.13 Bn 1.01 Bn 0.43
3 Clean Harbors 15.26 Bn 14.59 Bn 445.42 Mn 0.37
4 Casella Waste Systems 5.57 Bn 5.43 Bn 148.40 Mn 0.35
5 Enviri 1.71 Bn 1.63 Bn - -
6 Onterris 613.85 Mn 602.80 Mn - -
7 American Battery Technology 425.23 Mn 386.75 Mn 737,749.00 -
8 Waste Management 198.93 Mn 41.93 Mn 2.53 Bn 0.50
9 Perma Fix Environmental Services 184.86 Mn 164.86 Mn -2.88 Mn 0.02
10 Greenwave Technology Solutions 2.02 Mn 569,165.06 3.50 Mn 0.10

Historic Data

Download Data
DateValue
Sep 30, 2025 0.10
Jun 30, 2025 0.10
Mar 31, 2025 0.08
Dec 31, 2024 0.07
Sep 30, 2024 0.06
Jun 30, 2024 0.06
Mar 31, 2024 0.13
Dec 31, 2023 0.13
Sep 30, 2023 0.13
Jun 30, 2023 0.22
Mar 31, 2023 0.22
Dec 31, 2022 0.18
Sep 30, 2022 0.09
Jun 30, 2022 0.02
Dec 31, 2021 1.15
Sep 30, 2021 4,083.18
Jun 30, 2021 3.15
Mar 31, 2021 1,069.34
Dec 31, 2020 258.94
Sep 30, 2020 688.46