Himalaya Shipping (HSHP) Interest Coverage Ratio (2022 - 2026)
Himalaya Shipping (HSHP) posted Interest Coverage Ratio of 3.44 for Q1 2026, up 14.78% on a QoQ basis from 4.03 in Q4 2025, and down 47.07% year-over-year from 6.49 in Q1 2025.
Himalaya Shipping (HSHP) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
Himalaya Shipping's Interest Coverage Ratio history runs 5 years deep, the most recent figure standing at 3.44 for 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 3.54 (down 14.07% YoY) and the FY2025 annual result came in at 1.33, down 7.3% from the prior year.
- Interest Coverage Ratio was 3.44 for Q1 2026 at Himalaya Shipping, up from 4.03 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.06 in Q4 2022 and bottomed at 4.03 in Q4 2025.
- A 5-year average of 2.27 and a median of 2.63 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio tumbled 2744.89% — and 2025, when it rose 14.5%.
- Himalaya Shipping's Interest Coverage Ratio stood at 0.06 in 2022, then tumbled by 2744.89% to 1.74 in 2023, then plunged by 68.69% to 2.93 in 2024, then tumbled by 37.53% to 4.03 in 2025, then rose by 14.78% to 3.44 in 2026.
- Business Quant data shows HSHP's Interest Coverage Ratio at 3.44 in Q1 2026, 4.03 in Q4 2025, and 3.66 in Q3 2025.
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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 | Himalaya Shipping | 721.81 Mn | 721.81 Mn | 26.20 Mn | -3.44 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.44 |
| Dec 31, 2025 | -4.03 |
| Sep 30, 2025 | -3.66 |
| Jun 30, 2025 | -3.05 |
| Mar 31, 2025 | -2.34 |
| Dec 31, 2024 | -2.93 |
| Sep 30, 2024 | -3.66 |
| Jun 30, 2024 | -3.57 |
| Mar 31, 2024 | -1.25 |
| Dec 31, 2023 | -1.74 |
| Sep 30, 2023 | -0.59 |
| Jun 30, 2023 | -0.58 |
| Mar 31, 2023 | -0.86 |
| Dec 31, 2022 | -0.06 |