Toyo (TOYO) Interest Coverage Ratio (2022 - 2026)
Toyo (TOYO) posted Interest Coverage Ratio of 81.1 for Q2 2026, down 75.59% on a QoQ basis from 46.19 in Q1 2026, and down 988.0% year-over-year from 9.13 in Q2 2025.
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Toyo (TOYO) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
Toyo has reported Interest Coverage Ratio for 3 years, with the latest figure at 81.1 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 988.0% year-over-year to 81.1 in Q2 2026; TTM through Jun 2026 was 154.14, a N/A change from a year earlier, with the FY2025 full-year figure at 17.79, down 555.48% from the prior year.
- Interest Coverage Ratio was 81.1 for Q2 2026 at Toyo, down from 46.19 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 321.48 in Q4 2022, with the low at 81.1 in Q2 2026.
- Average Interest Coverage Ratio over 3 years is 41.1, with a median of 2.18 recorded in 2025.
- The largest YoY upside for Interest Coverage Ratio was 988.0% in 2026 against a maximum downside of 2214.65% in 2026.
- Over 3 years, Interest Coverage Ratio stood at 321.48 in 2022, then slumped by 97.16% to 9.13 in 2025, then plunged by 988.0% to 81.1 in 2026.
- The last three Interest Coverage Ratio figures came in at 81.1 (Q2 2026), 46.19 (Q1 2026), and 9.13 (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 80.96 |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 157.55 |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | -1.30 |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | - |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 5.39 |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | -1.12 |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 6.01 |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | -3.71 |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 81.10 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -81.10 |
| Mar 31, 2026 | -46.19 |
| Jun 30, 2025 | 9.13 |
| Mar 31, 2025 | 2.18 |
| Dec 31, 2022 | 321.48 |