What is Sunrun's interest coverage?

Sunrun (RUN) reported interest coverage of -37.6× in Q3 2023.

What does interest coverage mean?

Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.

Sunrun RUN Interest coverage

Interest coverage at other companies

Tesla, Inc.TSLA

14.4×-2.8×

Enphase EnergyENPH

30.9×+15.1×

SolarEdge TechnologiesSEDG

-219.2×-101×

Shoals Technologies Group, Inc.SHLS

5.7×+2.0×

Solaris Energy InfrastructureSEI

4.4×+1.2×

First SolarFSLR

40.8×+5.7×

Other financials

Income statement

See full

Revenue$722.2M+43.2%

Operating income-$43.5M+62.1%

Net income$167.6M+235%

EPS (diluted)$0.62+210%

Balance sheet

See full

Cash & equivalents$679.6M+12.3%

Total debt$78.9M-29.5%

Total equity$3.3B+27.7%

Total assets$22.8B+11.7%

Cash flow

See full

Operating cash flow$10.6M+110%

CapEx$409.0K+86.8%

Free cash flow$10.2M+110%

Valuation

See full

Market cap$3.44B+140%

Profitability

See full

Gross margin55.4%—

Operating margin-150.2%-204pp

Net margin17.9%+9.5pp

FCF margin-33.7%+3.3pp

Returns & leverage

See full

Return on equity19.1%+10.7pp

Debt / equity0×0.0×

Current ratio1.4×+0.1×

Where this comes from

Calculated from Sunrun’s reported figures.

ebit/interest expense=-37.6×

Based on trailing twelve months.

The official record: Sunrun’s 10-Q, filed November 7, 2024, on SEC EDGAR. View the filing →

Ask your AI about Sunrun's interest coverage.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Sunrun's interest coverage?: Sunrun (RUN) reported interest coverage of -37.6× in Q3 2023.
What does interest coverage mean?: Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.