Eco Wave Power Global AB (publ) (WAVE) Interest Coverage Ratio (2020 - 2026)
Eco Wave Power Global AB (publ) (WAVE) posted quarterly Interest Coverage Ratio of 15.86 for Q1 2026, down 60.61% year-over-year from 40.26 in Q1 2025, and up 1717.48% quarter-over-quarter from 0.98 in Q4 2025.
Eco Wave Power Global AB (publ) (WAVE) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Eco Wave Power Global AB (publ) (WAVE) has reported Interest Coverage Ratio for 7 consecutive years, with 15.86 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 60.61% year-over-year to 15.86; the TTM figure through Mar 2026 stood at 17.03 (up 239.39% YoY), while the FY2025 annual figure was 3.63, up 68.33% from the prior year.
- Interest Coverage Ratio improved to 15.86 in Q1 2026 per WAVE's latest filing, from 0.98 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 93.54 in Q2 2022 and bottomed at 5.82 in Q4 2023.
- Historically, Interest Coverage Ratio has averaged 32.51 across 5 years, with a median of 40.26 in 2025.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio jumped 223.55% — and 2023, when it slumped 112.18%.
- Eco Wave Power Global AB (publ)'s Interest Coverage Ratio stood at 47.82 in 2022, then plunged by 112.18% to 5.82 in 2023, then soared by 81.27% to 1.09 in 2024, then rose by 10.11% to 0.98 in 2025, then jumped by 1717.48% to 15.86 in 2026.
- Business Quant data shows WAVE's Interest Coverage Ratio at 15.86 in Q1 2026, 0.98 in Q4 2025, and 4.58 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.89 Bn | 10.73 Bn | 117.49 Mn | 1.51 |
| 2 | Ormat Technologies | 6.93 Bn | 6.27 Bn | 68.70 Mn | 0.78 |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn | 0.21 |
| 4 | Clearway Energy | 3.77 Bn | 3.43 Bn | 332.00 Mn | 1.10 |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 0.02 |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn | -1.28 |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.92 Mn | - | 2.00 |
| 8 | Energy Vault Holdings | 678.26 Mn | 609.51 Mn | 4.79 Mn | -1.43 |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | -2.43 |
| 10 | Eco Wave Power Global AB (publ) | 342.25 Mn | 342.25 Mn | - | 15.86 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.86 |
| Dec 31, 2025 | -0.98 |
| Sep 30, 2025 | 4.58 |
| Jun 30, 2025 | 1.35 |
| Mar 31, 2025 | 40.26 |
| Dec 31, 2024 | -1.09 |
| Sep 30, 2024 | 5.61 |
| Jun 30, 2024 | 57.50 |
| Mar 31, 2024 | 43.93 |
| Dec 31, 2023 | -5.82 |
| Sep 30, 2023 | 32.20 |
| Jun 30, 2023 | 49.14 |
| Mar 31, 2023 | 56.92 |
| Dec 31, 2022 | 47.82 |
| Sep 30, 2022 | 62.00 |
| Jun 30, 2022 | 93.54 |
| Mar 31, 2022 | 49.78 |
| Dec 31, 2021 | 38.12 |
| Sep 30, 2021 | 33.18 |
| Jun 30, 2021 | 28.91 |