Maxeon Solar Technologies (MAXNQ) Times Interest Earned (2019 - 2024)

Maxeon Solar Technologies (MAXNQ) reported Times Interest Earned of $12.28 for Q4 2024, down 29.29% on a YoY basis from $17.37 in Q1 2024, and down 55.01% quarter-over-quarter from $27.31 in Q3 2024.

Maxeon Solar Technologies (MAXNQ) Times Interest Earned (2019 - 2024) Analysis & Trends

Maxeon Solar Technologies has reported Times Interest Earned for 6 years, with the latest figure 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.
  • The five-year high for Times Interest Earned was $27.31 in Q3 2024, with the low at -$1.08 in Q2 2023.
  • Historically, Times Interest Earned has averaged $8.15 across 5 years, with a median of $6.46 in 2022.
  • The largest YoY upside for Times Interest Earned was 962.36% in 2024 against a maximum downside of 29.29% in 2024.
  • Maxeon Solar Technologies' Times Interest Earned 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 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 28.68 Bn 26.25 Bn 486.13 Mn 45.35
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -46.83
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 2.66
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 1.28
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -2,410.00
10 Maxeon Solar Technologies - - - -

Historic Data

Download Data
DateValue
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