C3is (CISS) Asset Utilization Ratio (2023 - 2026)

C3is (CISS) posted quarterly Asset Utilization Ratio of 0.51 for Q1 2026, down 16.03% year-on-year from 0.6 in Q1 2025, and down 20.18% on a QoQ basis from 0.64 in Q2 2025.

C3is (CISS) Asset Utilization Ratio (2023 - 2026) Analysis & Trends

C3is (CISS) has reported Asset Utilization Ratio for 4 consecutive years, with 0.51 the latest figure, recorded in Q1 2026.

  • Quarterly Asset Utilization Ratio fell 16.03% year-over-year to 0.51 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.51 (down 16.03% YoY) and the FY2025 annual result came in at 0.35, down 19.07% from the prior year.
  • Asset Utilization Ratio declined to 0.51 in Q1 2026 per CISS's latest filing, from 0.64 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for CISS reached as high as 0.66 in Q4 2024 and fell as low as 0.32 in Q4 2023.
  • A 4-year average of 0.49 and a median of 0.46 in 2024 frame the typical range for Asset Utilization Ratio.
  • Annual changes were most pronounced in 2024 — Asset Utilization Ratio surged 104.84% — and 2026, when it retreated 16.03%.
  • Year by year, Asset Utilization Ratio stood at 0.32 in 2023, then jumped by 104.84% to 0.66 in 2024, then slipped by 3.41% to 0.64 in 2025, then declined by 20.18% to 0.51 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.51, 0.64, and 0.6 for Q1 2026, Q2 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 ZIM Integrated Shipping Services 2,964,341.97 Bn 2,964,341.05 Bn 57.20 Mn 0.58
2 Danaos 2,542.12 Bn 2,541.24 Bn 203.71 Mn 0.20
3 Sfl 1,584.69 Bn 1,584.53 Bn 66.27 Mn 0.19
4 Capital Clean Energy Carriers 1,419.00 Bn 1,418.46 Bn 95.52 Mn 0.10
5 Globus Maritime 59.97 Bn 59.95 Bn 8,083.00 -105.91
6 Kirby 8.07 Bn 7.99 Bn 291.34 Mn 0.56
7 Matson 6.26 Bn 6.16 Bn - 0.72
8 Hafnia 3.73 Bn 3.62 Bn 152.41 Mn 0.27
9 Intercont (Cayman) 3.56 Bn 3.56 Bn - -
10 C3is 35.63 Mn 8.37 Mn 10.51 Mn 0.51

Historic Data

Download Data
DateValue
Mar 31, 2026 0.51
Jun 30, 2025 0.64
Mar 31, 2025 0.60
Dec 31, 2024 0.66
Sep 30, 2024 0.40
Jun 30, 2024 0.39
Mar 31, 2024 0.38
Dec 31, 2023 0.32