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
DateValue
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