Globus Maritime (GLBS) Interest Coverage Ratio (2009 - 2026)
Globus Maritime (GLBS) posted quarterly Interest Coverage Ratio of 0.01 for Q1 2026, up 96.19% year-on-year from 0.0 in Q1 2025, and up 100.0% on a QoQ basis from 1207.71 in Q4 2025.
Globus Maritime (GLBS) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Globus Maritime (GLBS) has reported Interest Coverage Ratio for 18 consecutive years, with 0.01 the latest figure, recorded in Q1 2026.
- Quarterly Interest Coverage Ratio rose 96.19% year-over-year to 0.01 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1071.06 (up 59.74% YoY) and the FY2025 annual result came in at 0.56, up 2.72% from the prior year.
- Interest Coverage Ratio rose to 0.01 in Q1 2026 per GLBS's latest filing, from 1207.71 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for GLBS reached as high as 25.96 in Q2 2022 and fell as low as 36874.35 in Q1 2022.
- A 5-year average of 3242.11 and a median of 1.41 in 2023 frame the typical range for Interest Coverage Ratio.
- The largest YoY upside for Interest Coverage Ratio was 2629.51% in 2022 against a maximum downside of 29105576.39% in 2022.
- Year by year, Interest Coverage Ratio stood at 12361.19 in 2022, then surged by 84.56% to 1908.55 in 2023, then tumbled by 45.53% to 2777.6 in 2024, then surged by 56.52% to 1207.71 in 2025, then jumped by 100.0% to 0.01 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.01, 1207.71, and 8.3 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 | 2,974,582.65 Bn | 2,974,581.73 Bn | 57.20 Mn | 0.16 |
| 2 | Danaos | 2,529.55 Bn | 2,528.67 Bn | 203.71 Mn | 9.51 |
| 3 | Sfl | 1,576.05 Bn | 1,575.90 Bn | 66.27 Mn | 1.66 |
| 4 | Capital Clean Energy Carriers | 1,410.00 Bn | 1,409.46 Bn | 95.52 Mn | -4.00 |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | -0.01 |
| 6 | Kirby | 8.03 Bn | 7.95 Bn | 291.34 Mn | 37.26 |
| 7 | Matson | 6.18 Bn | 6.08 Bn | - | 0.15 |
| 8 | Intercont (Cayman) | 3.77 Bn | 3.76 Bn | - | - |
| 9 | Hafnia | 3.72 Bn | 3.61 Bn | 152.41 Mn | -8.49 |
| 10 | Star Bulk Carriers | 3.11 Bn | 2.62 Bn | 493.84 Mn | 7.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.01 |
| Dec 31, 2025 | -1,207.71 |
| Sep 30, 2025 | 8.30 |
| Jun 30, 2025 | -0.20 |
| Mar 31, 2025 | -0.19 |
| Dec 31, 2024 | -2,777.60 |
| Sep 30, 2024 | -0.87 |
| Jun 30, 2024 | 2.81 |
| Mar 31, 2024 | 0.34 |
| Dec 31, 2023 | -1,908.55 |
| Sep 30, 2023 | -8.63 |
| Jun 30, 2023 | -1.41 |
| Mar 31, 2023 | -5.19 |
| Dec 31, 2022 | -12,361.19 |
| Sep 30, 2022 | -7.40 |
| Jun 30, 2022 | 25.96 |
| Mar 31, 2022 | -36,874.35 |
| Dec 31, 2021 | 1.89 |
| Sep 30, 2021 | 14.13 |
| Jun 30, 2021 | -1.03 |