ACT Energy Technologies

ACT Energy Technologies Interest Coverage

The Interest Coverage Ratio of ACT Energy Technologies (ACX.TO) as of Nov 5, 2026 is 46.88. In the previous year, Interest Coverage Ratio was 3.68 — a change of 1,173.84% (higher).

Interest Coverage

46.88

YoY

1,173.84%

Last updated:

Interest Coverage Ratio of ACT Energy Technologies is 2024 46.88 . Interest Coverage Ratio of ACT Energy Technologies was 2023 3.68 . It decreases by 1,173.84% higher compared to the previous year.

The ACT Energy Technologies Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
5.46 CAD
Jan 1, 2018
-1.36 CAD
Jan 1, 2019
-59.90 CAD
Jan 1, 2020
-121.04 CAD
Jan 1, 2021
-10.71 CAD
Jan 1, 2022
4.29 CAD
Jan 1, 2023
3.68 CAD
Jan 1, 2024
46.88 CAD
The ACT Energy Technologies Interest Coverage history
YEARInterest CoverageYoY
46.88+1,173.84%
3.68-14.17%
4.29-140.03%
-10.71-91.15%
-121.04+102.08%
-59.90+4,304.17%
-1.36-124.89%
5.46-142.22%
-12.94+624.58%
-1.79-131.34%
5.70—

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ACT Energy Technologies Stock analysis

What does ACT Energy Technologies do? Cathedral Energy Services Ltd. provides directional drilling services to oil and natural gas companies through its Directional Drilling division. The company operates in Canada and the United States, offering horizontal, directional, and underbalanced drilling services. It utilizes approximately 60 Measurement While Drilling (MWD) systems in Canada and over 80 in the United States to support its drilling operations. The Directional Drilling division serves oil and natural gas companies as its primary customers, leveraging its MWD systems to deliver specialized drilling solutions. Cathedral Energy Services Ltd. generates revenue through the provision of these drilling services, with its operations focused on the Canadian and U.S. markets. The company's workforce of 242 full-time employees supports these services across its operational regions. ACT Energy Technologies is one of the most popular companies on Eulerpool.

Frequently Asked Questions about ACT Energy Technologies stock

Interest Coverage Ratio of ACT Energy Technologies is 46.88 in 2024.

Interest Coverage Ratio of ACT Energy Technologies changed from 3.68 to 46.88, representing a 1,173.84% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio ACT Energy Technologies since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's ACT Energy Technologies with sector peers and the industry average to assess whether it is attractive.

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Leverage — ACT Energy Technologies

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