Maxeon Solar Technologies, Ltd. (MAXNQ) Interest Coverage Ratio (2019 - 2024)
Maxeon Solar Technologies' (MAXNQ) quarterly Interest Coverage Ratio came in at 12.28 in Q4 2024, down 29.29% YoY from 17.37 in Q1 2024, and down 55.01% on a QoQ basis from 27.31 in Q3 2024.
Maxeon Solar Technologies, Ltd. (MAXNQ) Interest Coverage Ratio (2019 - 2024) Analysis & Trends
Maxeon Solar Technologies (MAXNQ) has 6 years of Interest Coverage Ratio data on file, last reported at 12.28 in Q4 2024.
- Quarterly Interest Coverage Ratio fell 29.29% year-over-year to 12.28 in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 13.93 (up 169.59% YoY) and the FY2024 annual result came in at 2.45, up 19.57% from the prior year.
- Interest Coverage Ratio retreated to 12.28 in Q4 2024, from 27.31 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 27.31 in Q3 2024 to a low of 1.96 in Q1 2022.
- A 5-year average of 6.71 and a median of 6.1 in 2023 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio plunged 162.49% — and 2023, when it soared 3380.53%.
- Tracing MAXNQ's Interest Coverage Ratio over 5 years: 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.
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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 |
| Jan 1, 2023 | -0.53 |
| Oct 2, 2022 | 6.46 |
| Jan 2, 2022 | -1.96 |
| Jan 3, 2021 | 3.14 |
| Jun 28, 2020 | 5.69 |
| Dec 29, 2019 | 1.60 |
| Jun 30, 2019 | 5.18 |