Growth Metrics

Shorepower Technologies (SPEV) Interest Coverage Ratio (2016 - 2025)

Shorepower Technologies (SPEV) has disclosed Interest Coverage Ratio for 12 consecutive years, with 7.15 as the latest value for Q3 2025.

  • On a quarterly basis, Interest Coverage Ratio fell 11.11% to 7.15 in Q3 2025 year-over-year; TTM through Sep 2025 was 4.56, a 40.06% increase, with the full-year FY2024 number at 6.16, up 10.06% from a year prior.
  • Interest Coverage Ratio was 7.15 for Q3 2025 at Shorepower Technologies, down from 5.17 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 1.35 in Q1 2025 to a low of 7.23 in Q4 2024.
  • A 3-year average of 3.62 and a median of 4.54 in 2025 define the central range for Interest Coverage Ratio.
  • Biggest YoY gain for Interest Coverage Ratio was 11.11% in 2025; the steepest drop was 32.13% in 2025.
  • Shorepower Technologies' Interest Coverage Ratio stood at 0.06 in 2023, then tumbled by 12312.68% to 7.23 in 2024, then increased by 1.18% to 7.15 in 2025.
  • Per Business Quant, the three most recent readings for SPEV's Interest Coverage Ratio are 7.15 (Q3 2025), 5.17 (Q2 2025), and 1.35 (Q1 2025).