Omnitek Engineering

Omnitek Engineering Interest Coverage

The Interest Coverage Ratio of Omnitek Engineering (OMTK) as of Oct 10, 2026 is -11.34. In the previous year, Interest Coverage Ratio was -8.21 — a change of 38.19% (lower).

Interest Coverage

-11.34

YoY

38.19%

Last updated:

Interest Coverage Ratio of Omnitek Engineering is 2024 -11.34 . Interest Coverage Ratio of Omnitek Engineering was 2023 -8.21 . It decreases by 38.19% lower compared to the previous year.

The Omnitek Engineering Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-118.02 USD
Jan 1, 2018
-23.75 USD
Jan 1, 2019
-34.98 USD
Jan 1, 2020
-23.57 USD
Jan 1, 2021
-7.67 USD
Jan 1, 2022
-8.11 USD
Jan 1, 2023
-8.21 USD
Jan 1, 2024
-11.34 USD
The Omnitek Engineering Interest Coverage history
YEARInterest CoverageYoY
-11.34+38.19%
-8.21+1.19%
-8.11+5.75%
-7.67-67.45%
-23.57-32.62%
-34.98+47.28%
-23.75-79.88%
-118.02-18.69%
-145.16-72.66%
-530.86+1,179.92%
-41.48—
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Omnitek Engineering Stock analysis

What does Omnitek Engineering do? Omnitek Engineering Corp is an American company based in California that specializes in the development and marketing of innovative and environmentally friendly technologies for reducing emissions in diesel engines. The company was founded in 2001. Omnitek Engineering is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Omnitek Engineering stock

Interest Coverage Ratio of Omnitek Engineering is -11.34 in 2024.

Interest Coverage Ratio of Omnitek Engineering changed from -8.21 to -11.34, representing a 38.19% change. The value is lower than the previous year.

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

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Leverage — Omnitek Engineering

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