Global Ship Lease (GSL) Interest Coverage Ratio (2009 - 2026)
Global Ship Lease's (GSL) quarterly Interest Coverage Ratio came in at 9.96 in Q1 2026, down 17.01% year-on-year from 12.0 in Q1 2025, and little changed quarter-over-quarter from 9.92 in Q4 2025.
Global Ship Lease (GSL) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Global Ship Lease's Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 9.96 for Q1 2026.
- On a quarterly basis, Interest Coverage Ratio fell 17.01% year-over-year to 9.96 in Q1 2026; TTM through Mar 2026 was 9.28, a 7.96% increase from a year earlier, with the FY2025 full-year figure at 0.21, down 96.89% from the prior year.
- Interest Coverage Ratio held at 9.96 in Q1 2026 per GSL's latest filing, from 9.92 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 356.51 in Q2 2025 and bottomed at 2.59 in Q1 2022.
- The 5-year median for Interest Coverage Ratio is 6.98 (2024), against an average of 27.2.
- Across the five-year window, Interest Coverage Ratio plunged 323.46% in 2022 and surged 5008.72% in 2025, its largest moves.
- Year by year, Interest Coverage Ratio stood at 5.41 in 2022, then dropped by 8.02% to 4.97 in 2023, then surged by 73.4% to 8.62 in 2024, then increased by 15.07% to 9.92 in 2025, then rose by 0.37% to 9.96 in 2026.
- Per Business Quant, the three latest GSL Interest Coverage Ratio figures stand at 9.96 (Q1 2026), 9.92 (Q4 2025), and 8.76 (Q3 2025).
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 | Global Ship Lease | 1.56 Bn | 1.56 Bn | - | 9.96 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.96 |
| Dec 31, 2025 | 9.92 |
| Sep 30, 2025 | 8.76 |
| Jun 30, 2025 | 356.51 |
| Mar 31, 2025 | 12.00 |
| Dec 31, 2024 | 8.62 |
| Sep 30, 2024 | 7.41 |
| Jun 30, 2024 | 6.98 |
| Mar 31, 2024 | 6.78 |
| Dec 31, 2023 | 4.97 |
| Sep 30, 2023 | 5.81 |
| Jun 30, 2023 | 5.61 |
| Mar 31, 2023 | 5.53 |
| Dec 31, 2022 | 5.41 |
| Sep 30, 2022 | 11.02 |
| Jun 30, 2022 | -0.35 |
| Mar 31, 2022 | -2.59 |
| Dec 31, 2021 | 5.59 |
| Sep 30, 2021 | 6.57 |
| Jun 30, 2021 | 0.15 |