EuroDry (EDRY) Interest Coverage Ratio (2018 - 2026)
EuroDry's (EDRY) quarterly Interest Coverage Ratio came in at 5.74 in Q2 2026, down 862.19% on a YoY basis from 0.75 in Q2 2025, and down 316.0% quarter-over-quarter from 1.38 in Q1 2026.
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EuroDry (EDRY) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
EuroDry (EDRY) has reported Interest Coverage Ratio for 9 consecutive years, with 5.74 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 862.19% year-over-year to 5.74; the trailing twelve-month figure through Jun 2026 stood at 2.71 (down 283.79% YoY), and the FY2025 full-year result was 0.43, down 154.55% from the prior year.
- Interest Coverage Ratio eased to 5.74 in Q2 2026 per EDRY's latest filing, from 1.38 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 2.34 in Q4 2024 and bottomed at 15.8 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 2.59 across 5 years, with a median of 0.7 in 2024.
- The sharpest annual moves came in 2024 and 2026: Interest Coverage Ratio soared 575.95% in 2024, then slumped 862.19% in 2026.
- Over 5 years, Interest Coverage Ratio stood at 5.11 in 2022, then surged by 67.55% to 1.66 in 2023, then surged by 241.33% to 2.34 in 2024, then sank by 238.89% to 3.26 in 2025, then sank by 76.2% to 5.74 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 5.74, 1.38, and 3.26 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 19.06 |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 11.15 |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 99.31 |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 28.53 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 27.49 |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 5.52 |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 11.03 |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 1.34 |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 12.46 |
| 10 | EuroDry | 157.83 Mn | 132.22 Mn | 16.17 Mn | 5.74 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.74 |
| 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 | -22.71 |
| Sep 30, 2021 | -22.83 |