Maxim Power Corp.

Toronto Stock Exchange MXG.TO

Maxim Power Corp. Interest Coverage Ratio for the year ending December 31, 2023: 5.70

Maxim Power Corp. Interest Coverage Ratio is 5.70 for the year ending December 31, 2023, a -43.27% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Maxim Power Corp. Interest Coverage Ratio for the year ending December 31, 2022 was 10.05, a -45.97% change year over year.
Maxim Power Corp. Interest Coverage Ratio for the year ending December 31, 2021 was 18.61, a 959.72% change year over year.
Maxim Power Corp. Interest Coverage Ratio for the year ending December 31, 2020 was 1.76, a 114.25% change year over year.
Maxim Power Corp. Interest Coverage Ratio for the year ending December 31, 2019 was -12.32, a 65.09% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Toronto Stock Exchange: MXG.TO

Maxim Power Corp.

CEO	Mr. Robert Emmott
IPO Date	July 31, 1996
Location	Canada
Headquarters	715-5th Avenue SW
Employees	44
Sector	Utilities
Industries Renewables Hydro Energy Utility

Description

Maxim Power Corp., an independent power producer, engages in the development, ownership, and operation of power generation facilities in Canada. Its core asset is Milner 2 power plant, a 204 megawatt natural gas-fired turbine generator located in Grande Cache, Alberta. Maxim Power Corp. is headquartered in Calgary, Canada.

Key trends

Past 5 years