REC Silicon ASA

Oslo Stock Exchange RECSI.OL

REC Silicon ASA Interest Coverage Ratio for the year ending December 31, 2023: 2.91

REC Silicon ASA Interest Coverage Ratio is 2.91 for the year ending December 31, 2023, a 186.88% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

REC Silicon ASA Interest Coverage Ratio for the year ending December 31, 2022 was -3.35.
REC Silicon ASA Interest Coverage Ratio for the year ending December 31, 2019 was -5.82, a 75.07% change year over year.

Key data

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

Oslo Stock Exchange: RECSI.OL

REC Silicon ASA

CEO	Mr. William Kurtis Levens
IPO Date	May 9, 2006
Location	Norway
Headquarters	Fornebuveien 84
Employees	495
Sector	Energy
Industries Solar Energy Ceramics Composite Materials Hardware & Electronics Lithium Petrochemicals Plastics Renewables

Description

REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries worldwide. It offers various solar grade polysilicon for solar applications, including granular polysilicon, Siemens rod sections, chunks, chips, and fines. The company also provides electronic grade polysilicon comprising TearDrop, as-grown Siemens rods, rod sections, chunks, and chips for use in Czochralski monocrystalline ingot/wafer manufacturing for the semiconductor industry, as well as other electronic market segments, such as optics and microelectromechanical systems; and float zone polysilicon. In addition, it offers silicon gases consisting of silane, dichlorosilane, monochlorosilane, disilane, and polysilanes. The company was formerly known as Renewable Energy Corporation ASA and changed its name to REC Silicon ASA in October 2013. REC Silicon ASA was founded in 1996 and is headquartered in Lysaker, Norway.

Key trends

Past 5 years