Quest Water Global (QWTR) Interest Coverage Ratio (2011 - 2024)
Quest Water Global (QWTR) posted quarterly Interest Coverage Ratio of 0.91 for Q4 2024, up 2.17% year-over-year from 0.89 in Q1 2024, and up 2.17% quarter-over-quarter from 0.89 in Q4 2023.
Quest Water Global (QWTR) Interest Coverage Ratio (2011 - 2024) Analysis & Trends
Quest Water Global (QWTR) has reported Interest Coverage Ratio for 8 consecutive years, with 0.91 the latest figure, recorded in Q4 2024.
- In Q4 2024, Interest Coverage Ratio rose 2.17% year-over-year to 0.91; the TTM figure through Dec 2024 stood at 0.53 (down 10.52% YoY), while the FY2024 annual figure was 0.53, down 10.52% from the prior year.
- Interest Coverage Ratio grew to 0.91 in Q4 2024 per QWTR's latest filing, from 0.89 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 1.03 in Q4 2022 and bottomed at 0.2 in Q4 2021.
- Historically, Interest Coverage Ratio has averaged 0.66 across 4 years, with a median of 0.9 in 2023.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 614.68% — and 2023, when it decreased 13.41%.
- Quest Water Global's Interest Coverage Ratio stood at 0.2 in 2021, then jumped by 614.68% to 1.03 in 2022, then fell by 13.41% to 0.89 in 2023, then increased by 2.17% to 0.91 in 2024.
- Business Quant data shows QWTR's Interest Coverage Ratio at 0.91 in Q4 2024, 0.89 in Q4 2023, and 1.03 in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.28 Bn | 22.16 Bn | 902.00 Mn | 11.67 |
| 2 | Zurn Elkay Water Solutions | 8.20 Bn | 7.84 Bn | 288.30 Mn | 24.97 |
| 3 | Federal Signal | 7.46 Bn | 7.39 Bn | 203.80 Mn | 19.70 |
| 4 | Ceco Environmental | 3.10 Bn | 3.04 Bn | 86.47 Mn | -3.65 |
| 5 | PureCycle Technologies | 1.26 Bn | 1.26 Bn | - | -2.69 |
| 6 | Aduro Clean Technologies | 528.77 Mn | 500.10 Mn | - | 0.00 |
| 7 | Energy Recovery | 406.56 Mn | 313.50 Mn | 8.96 Mn | - |
| 8 | Arq | 96.62 Mn | 95.72 Mn | 11.51 Mn | -0.09 |
| 9 | Fuel Tech | 43.03 Mn | 23.42 Mn | 2.68 Mn | - |
| 10 | Quest Water Global | 7.91 Mn | 7.91 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.91 |
| Dec 31, 2023 | 0.89 |
| Dec 31, 2022 | 1.03 |
| Dec 31, 2021 | -0.20 |
| Mar 31, 2014 | -43.72 |
| Dec 31, 2013 | 0.78 |
| Dec 31, 2012 | 0.80 |
| Dec 31, 2011 | 1.19 |
| Sep 30, 2011 | -34.76 |
| Jun 30, 2011 | -71.39 |
| Mar 31, 2011 | -36.21 |