Rainmaker Worldwide

Rainmaker Worldwide Interest Coverage

The Interest Coverage Ratio of Rainmaker Worldwide (RAKR) as of Oct 19, 2026 is -1.19. In the previous year, Interest Coverage Ratio was -3.31 — a change of -64.20% (higher).

Interest Coverage

-1.19

YoY

-64.20%

Last updated:

Interest Coverage Ratio of Rainmaker Worldwide is 2024 -1.19 . Interest Coverage Ratio of Rainmaker Worldwide was 2023 -3.31 . It decreases by -64.20% higher compared to the previous year.

The Rainmaker Worldwide Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2021
-1.83 USD
Jan 1, 2022
-16.58 USD
Jan 1, 2023
-3.31 USD
Jan 1, 2024
-1.19 USD
The Rainmaker Worldwide Interest Coverage history
YEARInterest CoverageYoY
-1.19-64.20%
-3.31-80.02%
-16.58+806.90%
-1.83—

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Rainmaker Worldwide Stock analysis

What does Rainmaker Worldwide do? Rainmaker Worldwide Inc, based in Peterborough, Ontario, commercializes patented water technologies for producing drinking water. The company offers two energy-efficient systems: Air-to-Water (AW), which harvests fresh water from atmospheric humidity, and Water-to-Water (WW), which purifies seawater or polluted water. These technologies can produce 5,000 to 150,000 liters daily and operate using wind, solar, or conventional power sources. Rainmaker distributes bottled drinking water and bulk water for industrial and commercial use, with no carbon footprint, deployable globally. Rainmaker Worldwide is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Rainmaker Worldwide stock

Interest Coverage Ratio of Rainmaker Worldwide is -1.19 in 2024.

Interest Coverage Ratio of Rainmaker Worldwide changed from -3.31 to -1.19, representing a -64.20% change. The value is higher than the previous year.

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

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Leverage — Rainmaker Worldwide

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