Globus Maritime (GLBS) Interest Coverage Ratio (2009 - 2026)
Globus Maritime's (GLBS) quarterly Interest Coverage Ratio came in at 3.22 in Q2 2026, down 1733.65% on a YoY basis from 0.2 in Q2 2025, and down 311.08% quarter-over-quarter from 1.53 in Q1 2026.
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Globus Maritime (GLBS) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Globus Maritime (GLBS) has reported Interest Coverage Ratio for 18 consecutive years, with 3.22 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 1733.65% year-over-year to 3.22; the trailing twelve-month figure through Jun 2026 stood at 3.3 (down 9892.49% YoY), and the FY2025 full-year result was 0.56, down 2.72% from the prior year.
- Interest Coverage Ratio slipped to 3.22 in Q2 2026 per GLBS's latest filing, from 1.53 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 18.58 in Q1 2022 and bottomed at 25.96 in Q2 2022.
- Historically, Interest Coverage Ratio has averaged 0.95 across 5 years, with a median of 0.15 in 2023.
- The widest YoY moves for Interest Coverage Ratio: up 16679.25% in 2022, down 2429.51% in 2022.
- Over 5 years, Interest Coverage Ratio stood at 1.11 in 2022, then tumbled by 108.73% to 0.1 in 2023, then soared by 567.59% to 0.45 in 2024, then tumbled by 400.11% to 1.36 in 2025, then slumped by 136.28% to 3.22 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 3.22, 1.53, and 1.36 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 | Globus Maritime | 73.62 Mn | 43.85 Mn | 9.87 Mn | 3.22 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.22 |
| Mar 31, 2026 | 1.53 |
| Dec 31, 2025 | -1.36 |
| Sep 30, 2025 | -0.98 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.17 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | -0.45 |
| Jun 30, 2024 | -2.81 |
| Mar 31, 2024 | -0.21 |
| Dec 31, 2023 | -0.10 |
| Sep 30, 2023 | -3.01 |
| Jun 30, 2023 | 1.41 |
| Mar 31, 2023 | 3.59 |
| Dec 31, 2022 | 1.11 |
| Sep 30, 2022 | -6.02 |
| Jun 30, 2022 | -25.96 |
| Mar 31, 2022 | 18.58 |
| Dec 31, 2021 | -3.16 |
| Sep 30, 2021 | -14.13 |