Clean Energy Technologies

Clean Energy Technologies Interest Coverage

The Interest Coverage Ratio of Clean Energy Technologies (CETY) as of Oct 23, 2026 is -2.53. In the previous year, Interest Coverage Ratio was -2.01 — a change of 25.75% (lower).

Interest Coverage

-2.53

YoY

25.75%

Last updated:

Interest Coverage Ratio of Clean Energy Technologies is 2024 -2.53 . Interest Coverage Ratio of Clean Energy Technologies was 2023 -2.01 . It decreases by 25.75% lower compared to the previous year.

The Clean Energy Technologies Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-1.05 USD
Jan 1, 2018
-1.09 USD
Jan 1, 2019
-1.12 USD
Jan 1, 2020
-0.81 USD
Jan 1, 2021
1.07 USD
Jan 1, 2022
0.89 USD
Jan 1, 2023
-2.01 USD
Jan 1, 2024
-2.53 USD
The Clean Energy Technologies Interest Coverage history
YEARInterest CoverageYoY
-2.53+25.75%
-2.01-327.11%
0.89-16.88%
1.07-231.56%
-0.81-27.92%
-1.12+3.12%
-1.09+3.84%
-1.05-72.79%
-3.86-15.22%
-4.55+47.83%
-3.08—

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Clean Energy Technologies Stock analysis

What does Clean Energy Technologies do? Clean Energy Technologies, Inc. generates revenue through its subsidiary Heat Recovery Solutions, which offers the Clean Cycle generator. This product captures waste heat from industrial, aerospace, military, instrumentation, and medical sources to produce electricity for users or grid resale. The company's core magnetic lev bearing generator technology eliminates oil or lubricant needs and avoids gearboxes, enhancing efficiency. Engineering, supply chain management, manufacturing, and program management services support both its heat recovery solutions and other clean energy companies. The firm's primary customers include industrial facilities, aerospace entities, military organizations, instrumentation providers, and medical institutions. These segments rely on the company's heat recovery systems to optimize energy use and reduce operational costs. Heat Recovery Solutions' engineering and manufacturing capabilities further enable the firm to provide tailored solutions for diverse clean energy applications. Clean Energy Technologies, Inc. leverages its magnetic lev bearing generator technology to differentiate its offerings in the sustainable energy market. By focusing on waste heat recovery, the company addresses energy efficiency demands across multiple industries. Its services and products are designed to support both direct clients and partner companies in advancing environmentally sustainable technologies. Clean Energy Technologies is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Clean Energy Technologies stock

Interest Coverage Ratio of Clean Energy Technologies is -2.53 in 2024.

Interest Coverage Ratio of Clean Energy Technologies changed from -2.01 to -2.53, representing a 25.75% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Clean 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 Clean Energy Technologies with sector peers and the industry average to assess whether it is attractive.

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Leverage — Clean Energy Technologies

All Key Metrics — Clean Energy Technologies