Greenwave Technology Solutions

Greenwave Technology Solutions Interest Coverage

The Interest Coverage Ratio of Greenwave Technology Solutions (GWAV) as of Nov 12, 2026 is -0.65. In the previous year, Interest Coverage Ratio was -1.04 — a change of -38.20% (higher).

Interest Coverage

-0.65

YoY

-38.20%

Last updated:

Interest Coverage Ratio of Greenwave Technology Solutions is 2024 -0.65 . Interest Coverage Ratio of Greenwave Technology Solutions was 2023 -1.04 . It decreases by -38.20% higher compared to the previous year.

The Greenwave Technology Solutions Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-4.85 USD
Jan 1, 2018
-6.59 USD
Jan 1, 2019
-0.14 USD
Jan 1, 2020
-0.05 USD
Jan 1, 2021
-0.02 USD
Jan 1, 2022
-0.49 USD
Jan 1, 2023
-1.04 USD
Jan 1, 2024
-0.65 USD
The Greenwave Technology Solutions Interest Coverage history
YEARInterest CoverageYoY
-0.65-38.20%
-1.04+114.22%
-0.49+2,925.11%
-0.02-70.37%
-0.05-60.14%
-0.14-97.93%
-6.59+35.99%
-4.85+57.92%
-3.07+17.81%
-2.61+34.60%
-1.94—

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Greenwave Technology Solutions Stock analysis

What does Greenwave Technology Solutions do? Greenwave Technology Solutions sells ferrous metal products categorized into heavy melting steel, plate, and structural, along with shredded scrap in various grades based on metal content, size, and consistency. The company also processes nonferrous metals including aluminum, copper, stainless steel, nickel, brass, titanium, lead, alloys, and mixed metal products. Additionally, Greenwave sells catalytic converters recovered from end-of-life vehicles to processors who extract precious metals like platinum, palladium, and rhodium. Its customers include large corporations, industrial manufacturers, retail customers, and government organizations. The company generates revenue through the sale of ferrous and nonferrous metal products, as well as catalytic converters. Ferrous metal sales are segmented into specific categories like heavy melting steel, plate, and structural, while nonferrous metal processing supports a diverse range of industrial applications. Catalytic converter sales target processors specializing in precious metal extraction, creating a secondary revenue stream from end-of-life vehicle components. Greenwave's metal recycling services cater to a broad customer base, including large corporations, industrial manufacturers, retail customers, and government organizations. These services involve collecting and processing scrap metal for reuse in steel production and other manufacturing processes. The company's product portfolio spans multiple metal types and applications, ensuring steady demand from industrial and commercial clients. Greenwave Technology Solutions is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Greenwave Technology Solutions stock

Interest Coverage Ratio of Greenwave Technology Solutions is -0.65 in 2024.

Interest Coverage Ratio of Greenwave Technology Solutions changed from -1.04 to -0.65, representing a -38.20% change. The value is higher than the previous year.

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

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Leverage — Greenwave Technology Solutions

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