Ocean Power Technologies (OPTT) Interest Coverage Ratio (2012 - 2026)

Ocean Power Technologies (OPTT) reported Interest Coverage Ratio of 53.01 for Q1 2026, down 2467.12% on a YoY basis from 2.24 in Q1 2025, and up 13.87% sequentially from 61.55 in Q3 2025.

Ocean Power Technologies (OPTT) Interest Coverage Ratio (2012 - 2026) Analysis & Trends

Ocean Power Technologies (OPTT) has 15 years of Interest Coverage Ratio data on file, last reported at 53.01 in Q1 2026.

  • For the quarter ending Q1 2026, Interest Coverage Ratio fell 2467.12% year-over-year to 53.01; the trailing twelve-month figure through Jan 2026 stood at 171.48 (down 2220.12% YoY), and the FY2025 full-year result was 0.35, up 95.31% from the prior year.
  • Interest Coverage Ratio improved to 53.01 in Q1 2026, from 61.55 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 2.07 in Q1 2025 to a low of 133.59 in Q2 2023.
  • A 5-year average of 40.75 and a median of 43.42 in 2022 frame the typical range for Interest Coverage Ratio.
  • Across the five-year window, Interest Coverage Ratio surged 93.91% in 2023 and plunged 2467.12% in 2026, its largest moves.
  • Tracing OPTT's Interest Coverage Ratio over 5 years: stood at 58.15 in 2022, then soared by 60.88% to 22.75 in 2023, then jumped by 79.14% to 4.75 in 2024, then sank by 1196.98% to 61.55 in 2025, then increased by 13.87% to 53.01 in 2026.
  • Business Quant data shows OPTT's Interest Coverage Ratio at 53.01 in Q1 2026, 61.55 in Q3 2025, and 22.29 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn -8.95
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 11.06
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 2.14
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 1.49
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn -
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 13.97
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 24.63
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 6.58
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 4.54
10 Ocean Power Technologies 29.32 Mn 22.22 Mn -755,000.00 -53.01

Historic Data

Download Data
DateValue
Jan 31, 2026 -53.01
Jul 31, 2025 -61.55
Apr 30, 2025 -22.29
Jan 31, 2025 -2.07
Oct 31, 2024 -4.75
Jul 31, 2024 -5.12
Apr 30, 2024 -37.37
Jan 31, 2024 -5.38
Oct 31, 2023 -22.75
Jul 31, 2023 -3.65
Apr 30, 2023 -133.59
Jan 31, 2023 -64.15
Oct 31, 2022 -58.15
Jul 31, 2022 -59.93
Apr 30, 2022 -68.76
Jan 31, 2022 -49.48
Oct 31, 2021 -25.93
Jul 31, 2021 -27.49
Apr 30, 2021 22.86
Jan 31, 2021 -5.27