Genco Shipping & Trading (GNK) Interest Coverage Ratio (2009 - 2026)
Genco Shipping & Trading's (GNK) quarterly Interest Coverage Ratio came in at 3.78 in Q2 2026, up 327.05% year-over-year from 0.89 in Q2 2025, and up 27.82% quarter-over-quarter from 2.96 in Q1 2026.
Analysis
Genco Shipping & Trading (GNK) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Interest Coverage Ratio for 18 consecutive years, with 3.78 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 327.05% year-over-year to 3.78 in Q2 2026; TTM through Jun 2026 was 3.25, a 44.13% increase from a year earlier, with the FY2025 full-year figure at 0.61, down 90.69% from the prior year.
- Interest Coverage Ratio was 3.78 for Q2 2026 at Genco Shipping & Trading, up from 2.96 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 20.46 in Q2 2022 and troughed at 15.18 in Q3 2023.
- A 5-year average of 5.68 and a median of 4.95 in 2024 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio surged 1251.34% in 2022 and tumbled 176.5% in 2023, its largest moves.
- Over 5 years, Interest Coverage Ratio stood at 14.17 in 2022, then sank by 81.06% to 2.68 in 2023, then surged by 91.99% to 5.15 in 2024, then fell by 7.7% to 4.76 in 2025, then slipped by 20.46% to 3.78 in 2026.
- The last three Interest Coverage Ratio figures came in at 3.78 (Q2 2026), 2.96 (Q1 2026), and 4.76 (Q4 2025), per Business Quant data.
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 | Genco Shipping & Trading | 1.17 Bn | 1.17 Bn | 92.30 Mn | 3.78 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.78 |
| Mar 31, 2026 | 2.96 |
| Dec 31, 2025 | 4.76 |
| Sep 30, 2025 | 0.78 |
| Jun 30, 2025 | -1.67 |
| Mar 31, 2025 | -3.83 |
| Dec 31, 2024 | 5.15 |
| Sep 30, 2024 | 8.09 |
| Jun 30, 2024 | 7.62 |
| Mar 31, 2024 | 5.47 |
| Dec 31, 2023 | 2.68 |
| Sep 30, 2023 | -15.18 |
| Jun 30, 2023 | 6.11 |
| Mar 31, 2023 | 2.19 |
| Dec 31, 2022 | 14.17 |
| Sep 30, 2022 | 19.85 |
| Jun 30, 2022 | 20.46 |
| Mar 31, 2022 | 18.77 |
| Dec 31, 2021 | 38.79 |
| Sep 30, 2021 | 16.58 |