EuroDry (EDRY) Interest Coverage Ratio (2018 - 2026)
EuroDry (EDRY) reported Interest Coverage Ratio of 1.38 for Q1 2026, down 214.78% on a YoY basis from 1.2 in Q1 2025, and up 57.64% quarter-over-quarter from 3.26 in Q4 2025.
EuroDry (EDRY) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
EuroDry has reported Interest Coverage Ratio for 9 years, with the latest figure at 1.38 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 214.78% year-over-year to 1.38; the trailing twelve-month figure through Mar 2026 stood at 1.09 (down 204.18% YoY), and the FY2025 full-year result was 0.43, down 154.55% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 1.38, up from 3.26 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 2.34 in Q4 2024, with the low at 15.8 in Q1 2022.
- Historically, Interest Coverage Ratio has averaged 2.4 across 5 years, with a median of 0.63 in 2025.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio surged 575.95% — and 2025, when it slumped 238.89%.
- EuroDry's 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 tumbled by 238.89% to 3.26 in 2025, then surged by 57.64% to 1.38 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.38 (Q1 2026), 3.26 (Q4 2025), and 0.63 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | -2,842.87 |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | -23.85 |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 38.38 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -8.49 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 0.60 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 0.16 |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | -5.13 |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | -9.34 |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | EuroDry | 62.67 Mn | 43.86 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 | -22.71 |
| Sep 30, 2021 | -22.83 |
| Jun 30, 2021 | -15.38 |