C3is (CISS) Interest Coverage Ratio (2023 - 2026)
C3is (CISS) posted quarterly Interest Coverage Ratio of 2842.87 for Q1 2026, down 352.16% year-on-year from 1127.4 in Q1 2025, and down 105.72% on a QoQ basis from 1381.91 in Q4 2025.
C3is (CISS) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
C3is (CISS) has reported Interest Coverage Ratio for 4 consecutive years, with 2842.87 the latest figure, recorded in Q1 2026.
- Quarterly Interest Coverage Ratio fell 352.16% year-over-year to 2842.87 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1104.38 (down 77.7% YoY) and the FY2025 annual result came in at 1.15, down 65.81% from the prior year.
- Interest Coverage Ratio retreated to 2842.87 in Q1 2026 per CISS's latest filing, from 1381.91 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for CISS reached as high as 858.4 in Q2 2023 and fell as low as 7026.81 in Q3 2023.
- A 4-year average of 1580.34 and a median of 796.3 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio jumped 97.87% — and 2026, when it slumped 352.16%.
- Year by year, Interest Coverage Ratio stood at 1915.54 in 2023, then soared by 58.43% to 796.3 in 2024, then plunged by 73.54% to 1381.91 in 2025, then slumped by 105.72% to 2842.87 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2842.87, 1381.91, and 546.72 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,944.48 Bn | 2,964,943.56 Bn | 57.20 Mn | 0.16 |
| 2 | Danaos | 2,526.91 Bn | 2,526.03 Bn | 203.71 Mn | 9.51 |
| 3 | Sfl | 1,562.77 Bn | 1,562.62 Bn | 66.27 Mn | 1.66 |
| 4 | Capital Clean Energy Carriers | 1,425.00 Bn | 1,424.46 Bn | 95.52 Mn | -4.00 |
| 5 | Globus Maritime | 61.63 Bn | 61.60 Bn | 8,083.00 | -0.01 |
| 6 | Kirby | 8.06 Bn | 7.98 Bn | 291.34 Mn | 37.26 |
| 7 | Matson | 6.25 Bn | 6.15 Bn | - | 0.15 |
| 8 | Intercont (Cayman) | 3.87 Bn | 3.87 Bn | - | - |
| 9 | Hafnia | 3.69 Bn | 3.58 Bn | 152.41 Mn | -8.49 |
| 10 | C3is | 44.19 Mn | 16.93 Mn | 10.51 Mn | -2,842.87 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2,842.87 |
| Dec 31, 2025 | -1,381.91 |
| Sep 2, 2025 | -546.72 |
| Jun 30, 2025 | -474.50 |
| Mar 31, 2025 | -628.73 |
| Dec 31, 2024 | -796.30 |
| Sep 30, 2024 | -150.01 |
| Jun 30, 2024 | -511.36 |
| Mar 31, 2024 | -2,664.33 |
| Dec 31, 2023 | -1,915.54 |
| Sep 30, 2023 | -7,026.81 |
| Jun 30, 2023 | 858.40 |
| Mar 31, 2023 | -2,463.72 |