Wrap Technologies (WRAP) Interest Coverage Ratio (2017 - 2026)
Wrap Technologies' (WRAP) quarterly Interest Coverage Ratio came in at 8.83 in Q1 2026, down 632.05% YoY from 1.66 in Q1 2025, and down 244.81% on a QoQ basis from 2.56 in Q3 2025.
Wrap Technologies (WRAP) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
Wrap Technologies (WRAP) has 10 years of Interest Coverage Ratio data on file, last reported at 8.83 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 632.05% year-over-year to 8.83 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 26.54 (down 462.0% YoY) and the FY2025 annual result came in at 22.48, down 3222.81% from the prior year.
- Interest Coverage Ratio fell to 8.83 in Q1 2026, from 2.56 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 1.21 in Q1 2025 to a low of 92.11 in Q4 2023.
- A 5-year average of 24.34 and a median of 14.36 in 2022 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 99.92% — and 2026, when it tumbled 632.05%.
- Tracing WRAP's Interest Coverage Ratio over 5 years: stood at 28.82 in 2022, then plunged by 219.65% to 92.11 in 2023, then jumped by 39.4% to 55.82 in 2024, then soared by 95.41% to 2.56 in 2025, then tumbled by 244.81% to 8.83 in 2026.
- The last three Interest Coverage Ratio figures came in at 8.83 (Q1 2026), 2.56 (Q3 2025), and 2.71 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | - |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 16.28 |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | -23.87 |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 24.50 |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 6.61 |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | -5.93 |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 6.32 |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | - |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | - |
| 10 | Wrap Technologies | 86.66 Mn | 81.88 Mn | 1.55 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -4.41 |
| Mar 31, 2026 | -8.83 |
| Sep 30, 2025 | -2.56 |
| Jun 30, 2025 | -2.71 |
| Mar 31, 2025 | -1.21 |
| Dec 31, 2024 | -55.82 |
| Sep 30, 2024 | -2.82 |
| Jun 30, 2024 | -2.31 |
| Mar 31, 2024 | -2.85 |
| Dec 31, 2023 | -92.11 |
| Sep 30, 2023 | -15.28 |
| Jun 30, 2023 | -67.72 |
| Mar 31, 2023 | -46.81 |
| Dec 31, 2022 | -28.82 |
| Sep 30, 2022 | -20.37 |
| Jun 30, 2022 | -25.72 |
| Mar 31, 2022 | -13.45 |
| Dec 31, 2021 | -54.57 |
| Sep 30, 2021 | -27.61 |
| Jun 30, 2021 | -20.97 |