EuroDry (EDRY) Interest Coverage Ratio (2018 - 2026)
EuroDry (EDRY) posted quarterly Interest Coverage Ratio of 1.38 for Q1 2026, down 214.78% year-on-year from 1.2 in Q1 2025, and up 57.64% on a QoQ basis from 3.26 in Q4 2025.
EuroDry (EDRY) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
EuroDry (EDRY) has reported Interest Coverage Ratio for 9 consecutive years, with 1.38 the latest figure, recorded in Q1 2026.
- Quarterly Interest Coverage Ratio fell 214.78% year-over-year to 1.38 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.09 (down 204.18% YoY) and the FY2025 annual result came in at 0.44, up 153.44% from the prior year.
- Interest Coverage Ratio climbed to 1.38 in Q1 2026 per EDRY's latest filing, from 3.26 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for EDRY reached as high as 2.34 in Q4 2024 and fell as low as 15.8 in Q1 2022.
- A 5-year average of 2.4 and a median of 0.63 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio soared 575.95% — and 2025, when it sank 238.89%.
- Year by year, Interest Coverage Ratio stood at 5.11 in 2022, then soared by 67.55% to 1.66 in 2023, then soared by 241.33% to 2.34 in 2024, then plunged by 238.89% to 3.26 in 2025, then surged by 57.64% to 1.38 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.38, 3.26, and 0.63 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | 0.16 |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 9.51 |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | 1.66 |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | -4.00 |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | -0.01 |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 37.26 |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | 0.15 |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | -8.49 |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | EuroDry | 67.68 Mn | 67.68 Mn | 12.51 Mn | -1.38 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.38 |
| Dec 31, 2025 | -3.26 |
| Sep 30, 2025 | -0.63 |
| Jun 30, 2025 | 0.75 |
| Mar 31, 2025 | 1.20 |
| Dec 31, 2024 | 2.34 |
| Sep 30, 2024 | 1.51 |
| Jun 30, 2024 | -0.77 |
| Mar 31, 2024 | 0.20 |
| Dec 31, 2023 | -1.66 |
| Sep 30, 2023 | -0.32 |
| Jun 30, 2023 | 1.72 |
| Mar 31, 2023 | 0.27 |
| Dec 31, 2022 | -5.11 |
| Sep 30, 2022 | -5.72 |
| Jun 30, 2022 | -14.22 |
| Mar 31, 2022 | -15.80 |
| Dec 31, 2021 | 588.97 |
| Sep 30, 2021 | -22.83 |
| Jun 30, 2021 | -15.38 |