Greenwave Technology Solutions (GWAV) Interest Coverage Ratio (2015 - 2025)
Greenwave Technology Solutions (GWAV) recorded quarterly Interest Coverage Ratio of 15.07 in Q3 2025, down 333.07% quarter-over-quarter from 3.48 in Q2 2025, and down 22.67% on a YoY basis from 19.49 in Q3 2024.
Greenwave Technology Solutions (GWAV) Interest Coverage Ratio (2015 - 2025) Analysis & Trends
Greenwave Technology Solutions' Interest Coverage Ratio history runs 11 years deep, the most recent figure standing at 15.07 for Q3 2025.
- In Q3 2025, Interest Coverage Ratio fell 22.67% year-over-year to 15.07; the TTM figure through Sep 2025 stood at 11.31 (down 348.42% YoY), while the FY2023 annual figure was 2.19, down 586.83% from the prior year.
- Interest Coverage Ratio was 15.07 for Q3 2025 at Greenwave Technology Solutions, down from 3.48 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 0.01 in Q1 2022 to a low of 57.95 in Q4 2024.
- Historically, Interest Coverage Ratio has averaged 6.39 across 5 years, with a median of 2.34 in 2023.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio surged 98.08% in 2022, then slumped 8671.92% in 2023.
- A 5-year view of Interest Coverage Ratio shows it stood at 0.21 in 2021, then plunged by 3734.0% to 7.9 in 2022, then jumped by 88.3% to 0.92 in 2023, then plunged by 6167.77% to 57.95 in 2024, then surged by 73.99% to 15.07 in 2025.
- The last three Interest Coverage Ratio figures came in at 15.07 (Q3 2025), 3.48 (Q2 2025), and 4.79 (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | -1.79 |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 4.15 |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | - |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | 0.32 |
| 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 | 102.48 |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn | - |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | -356.33 |
| 10 | Greenwave Technology Solutions | 2.02 Mn | 569,165.06 | 3.50 Mn | -15.07 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -15.07 |
| Jun 30, 2025 | -3.48 |
| Mar 31, 2025 | -4.79 |
| Dec 31, 2024 | -57.95 |
| Sep 30, 2024 | -12.29 |
| Jun 30, 2024 | -3.59 |
| Mar 31, 2024 | -1.28 |
| Dec 31, 2023 | -0.92 |
| Sep 30, 2023 | -3.67 |
| Jun 30, 2023 | -2.34 |
| Mar 31, 2023 | -0.89 |
| Dec 31, 2022 | -7.90 |
| Sep 30, 2022 | -4.78 |
| Jun 30, 2022 | -0.07 |
| Mar 31, 2022 | -0.01 |
| Dec 31, 2021 | -0.21 |
| Sep 30, 2021 | -0.33 |
| Jun 30, 2021 | -1.25 |
| Mar 31, 2021 | -0.53 |
| Dec 31, 2020 | -0.30 |