Maxeon Solar Technologies (MAXNQ) Interest Coverage Ratio (2019 - 2024)

Maxeon Solar Technologies has reported Interest Coverage Ratio for 6 years, with the latest figure at 12.28 in Q4 2024.

• For the quarter ending Q4 2024, Interest Coverage Ratio 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.
• Interest Coverage Ratio for Q4 2024 stood at 12.28, down from 27.31 in the prior quarter.
• The five-year high for Interest Coverage Ratio was 27.31 in Q3 2024, with the low at 1.08 in Q2 2023.
• Historically, Interest Coverage Ratio has averaged 8.15 across 5 years, with a median of 6.46 in 2022.
• The largest YoY upside for Interest Coverage Ratio was 962.36% in 2024 against a maximum downside of 29.29% in 2024.
• Maxeon Solar Technologies' Interest Coverage Ratio stood at 5.69 in 2020, then plunged by 44.86% to 3.14 in 2021, then surged by 105.8% to 6.46 in 2022, then soared by 169.1% to 17.37 in 2023, then fell by 29.29% to 12.28 in 2024.
• The last three Interest Coverage Ratio figures came in at 12.28 (Q4 2024), 27.31 (Q3 2024), and 6.54 (Q2 2024), per Business Quant data.