Toyo (TOYO) Interest Coverage Ratio (2022 - 2026)
Toyo (TOYO) posted quarterly Interest Coverage Ratio of 0.81 for Q1 2026, up 170.08% year-over-year from 0.3 in Q1 2025, and up 255.79% quarter-over-quarter from 0.23 in Q2 2025.
Toyo (TOYO) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
Toyo's Interest Coverage Ratio history runs 3 years deep, the most recent figure standing at 0.81 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 170.08% year-over-year to 0.81; the TTM figure through Mar 2026 stood at 1.02 (changed N/A YoY), while the FY2025 annual figure was 1.19, down 55.44% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 0.81, up from 0.23 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 321.48 in Q4 2022, with the low at 1.15 in Q1 2025.
- The 3-year median for Interest Coverage Ratio is 0.52 (2025), against an average of 80.34.
- Peak annual rise in Interest Coverage Ratio reached 170.08% in 2026, while the deepest fall reached 170.08% in 2026.
- Toyo's Interest Coverage Ratio stood at 321.48 in 2022, then tumbled by 99.93% to 0.23 in 2025, then soared by 255.79% to 0.81 in 2026.
- Business Quant data shows TOYO's Interest Coverage Ratio at 0.81 in Q1 2026, 0.23 in Q2 2025, and 1.15 in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 80.96 |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 157.55 |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -1.30 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 5.39 |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 1.32 |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 6.01 |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | -46.19 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.81 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | -1.15 |
| Dec 31, 2022 | 321.48 |