Greenwave Technology Solutions (GWAV) Interest Coverage Ratio (2014 - 2026)
Greenwave Technology Solutions (GWAV) posted quarterly Interest Coverage Ratio of 0.46 for Q1 2026, up 23.96% year-over-year from 0.37 in Q1 2025, and down 102.79% quarter-over-quarter from 16.35 in Q4 2025.
Greenwave Technology Solutions (GWAV) Interest Coverage Ratio (2014 - 2026) Analysis & Trends
Greenwave Technology Solutions (GWAV) has reported Interest Coverage Ratio for 13 consecutive years, with 0.46 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 23.96% year-over-year to 0.46; the TTM figure through Mar 2026 stood at 7.24 (down 32.41% YoY), while the FY2025 annual figure was 0.71, up 54.02% from the prior year.
- Interest Coverage Ratio retreated to 0.46 in Q1 2026 per GWAV's latest filing, from 16.35 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 16.35 in Q4 2025 and bottomed at 3.67 in Q3 2023.
- Historically, Interest Coverage Ratio has averaged 0.27 across 5 years, with a median of 0.72 in 2025.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio plunged 7978.78% — and 2024, when it soared 1800.31%.
- Greenwave Technology Solutions' Interest Coverage Ratio stood at 0.19 in 2022, then tumbled by 216.45% to 0.23 in 2023, then soared by 1800.31% to 3.85 in 2024, then soared by 324.53% to 16.35 in 2025, then slumped by 102.79% to 0.46 in 2026.
- Business Quant data shows GWAV's Interest Coverage Ratio at 0.46 in Q1 2026, 16.35 in Q4 2025, and 0.76 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Waste Management | 89.87 Bn | 89.31 Bn | 2.73 Bn | - |
| 2 | Republic Services | 67.76 Bn | 67.65 Bn | 1.87 Bn | 5.97 |
| 3 | Waste Connections | 43.02 Bn | 42.93 Bn | 1.08 Bn | 4.80 |
| 4 | Clean Harbors | 16.72 Bn | 16.20 Bn | 608.78 Mn | - |
| 5 | GFL Environmental | 14.88 Bn | 14.69 Bn | 278.90 Mn | -1.31 |
| 6 | Casella Waste Systems | 5.85 Bn | 5.83 Bn | 178.80 Mn | 1.11 |
| 7 | Sino Green Land | 972.56 Mn | 972.48 Mn | -78,936.00 | -10.74 |
| 8 | Onterris | 564.12 Mn | 550.43 Mn | 82.26 Mn | - |
| 9 | Perma Fix Environmental Services | 341.45 Mn | 307.49 Mn | -2.50 Mn | -89.14 |
| 10 | Greenwave Technology Solutions | 2.90 Mn | 2.25 Mn | 6.06 Mn | -7.24 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.46 |
| Dec 31, 2025 | 16.35 |
| Sep 30, 2025 | -0.76 |
| Jun 30, 2025 | -0.72 |
| Mar 31, 2025 | -0.60 |
| Dec 31, 2024 | 3.85 |
| Sep 30, 2024 | -1.89 |
| Jun 30, 2024 | -3.59 |
| Mar 31, 2024 | -1.20 |
| Dec 31, 2023 | -0.23 |
| Sep 30, 2023 | -3.67 |
| Jun 30, 2023 | -0.89 |
| Mar 31, 2023 | -0.82 |
| Dec 31, 2022 | 0.19 |
| Sep 30, 2022 | -0.91 |
| Jun 30, 2022 | -0.07 |
| Mar 31, 2022 | -0.01 |
| Dec 31, 2021 | -0.21 |
| Sep 30, 2021 | -0.33 |
| Jun 30, 2021 | -0.06 |