Verde Clean Fuels (VGASW) Interest Coverage Ratio (2022 - 2023)
Verde Clean Fuels' (VGASW) quarterly Interest Coverage Ratio came in at 38.4 in Q3 2023, down 102.78% year-on-year from 1380.24 in Q3 2022, and down 53.15% quarter-over-quarter from 25.08 in Q2 2023.
Verde Clean Fuels (VGASW) Interest Coverage Ratio (2022 - 2023) Analysis & Trends
Verde Clean Fuels has disclosed Interest Coverage Ratio across 2 years of filings, most recently posting 38.4 for Q3 2023.
- Interest Coverage Ratio for Q3 2023 came in at 38.4, down 102.78% year-over-year; the trailing twelve-month figure through Jun 2024 was 162.97 (down 1245.79% YoY), and the FY2023 annual result was 44.55, down 112.06% from the prior year.
- Interest Coverage Ratio came in at 38.4 for Q3 2023 at Verde Clean Fuels, down from 25.08 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 1380.24 in Q3 2022 to a low of 279.56 in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 186.46 Bn | 183.75 Bn | 1.44 Bn | -2.43 |
| 2 | Enlight Renewable Energy | 11.26 Bn | 10.73 Bn | 85.64 Mn | -1.89 |
| 3 | Ormat Technologies | 8.50 Bn | 8.35 Bn | 78.83 Mn | 1.22 |
| 4 | Fluence Energy | 3.04 Bn | 2.71 Bn | 46.63 Mn | - |
| 5 | Clearway Energy | 1.39 Bn | 4.74 Bn | 220.00 Mn | 0.20 |
| 6 | XPLR Infrastructure | 1.09 Bn | 8.62 Bn | 141.00 Mn | - |
| 7 | Energy Vault Holdings | 940.11 Mn | 894.68 Mn | 4.79 Mn | -6.98 |
| 8 | Ellomay Capital | 694.29 Mn | 616.52 Mn | 1,508.00 | -149.13 |
| 9 | ReNew Energy Global | 317.68 Mn | 100.91 Mn | 275.78 Mn | - |
| 10 | Verde Clean Fuels | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -38.40 |
| Jun 30, 2023 | -25.08 |
| Mar 31, 2023 | -44.96 |
| Dec 31, 2022 | -279.56 |
| Sep 30, 2022 | 1,380.24 |
| Jun 30, 2022 | 638.14 |