Himalaya Shipping (HSHP) Interest Coverage Ratio (2022 - 2026)
Himalaya Shipping's (HSHP) quarterly Interest Coverage Ratio came in at 3.44 in Q1 2026, down 47.07% YoY from 6.49 in Q1 2025, and up 14.78% on a QoQ basis from 4.03 in Q4 2025.
Himalaya Shipping (HSHP) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
Himalaya Shipping (HSHP) has 5 years of Interest Coverage Ratio data on file, last reported at 3.44 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 47.07% year-over-year to 3.44 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.14 (down 129.69% YoY) and the FY2025 annual result came in at 1.33, down 7.3% from the prior year.
- Interest Coverage Ratio climbed to 3.44 in Q1 2026, from 4.03 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 1.06 in Q2 2025 to a low of 4.03 in Q4 2025.
- A 5-year average of 1.75 and a median of 1.66 in 2023 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio slumped 2752.19% — and 2025, when it jumped 166.79%.
- Tracing HSHP's Interest Coverage Ratio over 5 years: stood at 0.06 in 2022, then tumbled by 2752.19% to 1.74 in 2023, then slumped by 68.69% to 2.93 in 2024, then sank by 37.53% to 4.03 in 2025, then grew by 14.78% to 3.44 in 2026.
- The last three Interest Coverage Ratio figures came in at 3.44 (Q1 2026), 4.03 (Q4 2025), and 3.66 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 0.53 |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 0.36 |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -2.21 |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 0.16 |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -11.44 |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -6.22 |
| 10 | Himalaya Shipping | 766.47 Mn | 766.47 Mn | 46.60 Mn | 2.96 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.96 |
| Mar 31, 2026 | -3.44 |
| Dec 31, 2025 | -4.03 |
| Sep 30, 2025 | -3.66 |
| Jun 30, 2025 | 1.06 |
| Mar 31, 2025 | -2.34 |
| Dec 31, 2024 | -2.93 |
| Sep 30, 2024 | -3.66 |
| Jun 30, 2024 | -1.59 |
| Mar 31, 2024 | -1.25 |
| Dec 31, 2023 | -1.74 |
| Sep 30, 2023 | -0.59 |
| Jun 30, 2023 | 0.60 |
| Mar 31, 2023 | -0.86 |
| Dec 31, 2022 | -0.06 |