Maxeon Solar Technologies (MAXN) Times Interest Earned (2019 - 2024)
Maxeon Solar Technologies posted quarterly Times Interest Earned of $12.28 for Q4 2024, down 29.29% year-on-year from $17.37 in Q1 2024, and down 55.01% on a QoQ basis from $27.31 in Q3 2024.
Maxeon Solar Technologies (MAXN) has 6 years of Times Interest Earned data on file, last reported at $12.28 in Q4 2024.
- For the quarter ending Q4 2024, Times Interest Earned fell 29.29% year-over-year to $12.28; the trailing twelve-month figure through Dec 2024 stood at $13.93 (up 169.59% YoY), and the FY2024 full-year result was $12.71, up 146.08% from the prior year.
- Times Interest Earned for Q4 2024 stood at $12.28, down from $27.31 in the prior quarter.
- Across five years, Times Interest Earned topped out at $27.31 in Q3 2024 and bottomed at -$1.08 in Q2 2023.
- The 5-year median for Times Interest Earned is $6.46 (2022), against an average of $8.15.
- Peak annual rise in Times Interest Earned reached 962.36% in 2024, while the deepest fall reached 29.29% in 2024.
- A 5-year view of Times Interest Earned shows it stood at $5.69 in 2020, then tumbled by 44.86% to $3.14 in 2021, then soared by 105.8% to $6.46 in 2022, then jumped by 169.1% to $17.37 in 2023, then retreated by 29.29% to $12.28 in 2024.
- The last three Times Interest Earned figures came in at $12.28 (Q4 2024), $27.31 (Q3 2024), and $6.54 (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 45.35 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.32 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -46.83 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.66 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 1.28 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Maxeon Solar Technologies | 13,137.80 | -17.21 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 12.28 |
| Sep 29, 2024 | 27.31 |
| Jun 30, 2024 | 6.54 |
| Mar 31, 2024 | 6.65 |
| Dec 31, 2023 | 17.37 |
| Oct 1, 2023 | 6.10 |
| Jul 2, 2023 | -0.76 |
| Apr 2, 2023 | -1.08 |
| Oct 2, 2022 | 6.46 |
| Jan 3, 2021 | 3.14 |
| Jun 28, 2020 | 5.69 |
| Dec 29, 2019 | 1.60 |
| Jun 30, 2019 | 5.18 |