Euroseas (ESEA) Interest Coverage Ratio (2009 - 2026)
Euroseas (ESEA) posted quarterly Interest Coverage Ratio of 14.77 for Q1 2026, down 31.59% year-on-year from 21.59 in Q1 2025, and down 11.01% on a QoQ basis from 13.31 in Q4 2025.
Euroseas (ESEA) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Euroseas (ESEA) has reported Interest Coverage Ratio for 13 consecutive years, with 14.77 the latest figure, recorded in Q1 2026.
- Quarterly Interest Coverage Ratio fell 31.59% year-over-year to 14.77 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 16.23 (down 72.72% YoY) and the FY2025 annual result came in at 9.97, up 11.76% from the prior year.
- Interest Coverage Ratio fell to 14.77 in Q1 2026 per ESEA's latest filing, from 13.31 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for ESEA reached as high as 3.72 in Q3 2024 and fell as low as 36.1 in Q1 2022.
- A 5-year average of 20.31 and a median of 19.49 in 2022 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio sank 526.84% — and 2024, when it soared 117.31%.
- Year by year, Interest Coverage Ratio stood at 19.49 in 2022, then increased by 22.65% to 15.08 in 2023, then rose by 23.45% to 11.54 in 2024, then fell by 15.3% to 13.31 in 2025, then declined by 11.01% to 14.77 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 14.77, 13.31, and 12.2 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 | Euroseas | 529.22 Mn | 529.22 Mn | 55.67 Mn | -14.77 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -14.77 |
| Dec 31, 2025 | -13.31 |
| Sep 30, 2025 | -12.20 |
| Jun 30, 2025 | -23.60 |
| Mar 31, 2025 | -11.23 |
| Dec 31, 2024 | -11.54 |
| Sep 30, 2024 | 3.72 |
| Jun 30, 2024 | -23.04 |
| Mar 31, 2024 | -19.06 |
| Dec 31, 2023 | -15.08 |
| Sep 30, 2023 | -21.48 |
| Jun 30, 2023 | -30.99 |
| Mar 31, 2023 | -35.70 |
| Dec 31, 2022 | -19.49 |
| Sep 30, 2022 | -27.05 |
| Jun 30, 2022 | -34.32 |
| Mar 31, 2022 | -36.10 |
| Dec 31, 2021 | -30.85 |
| Sep 30, 2021 | -14.54 |
| Jun 30, 2021 | -12.71 |