Himalaya Shipping (HSHP) Interest Coverage Ratio (2023 - 2026)
Himalaya Shipping's (HSHP) Interest Coverage Ratio was 2.96 for the quarter ended Jun 30, 2026, up 198.1% from 0.99 a year earlier and up 113.4% from the prior quarter.
Himalaya Shipping (HSHP) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Himalaya Shipping's Interest Coverage Ratio came in at 2.12, up 90.6% year-over-year; for the year ended Dec 31, 2025, it came in at 1.38, down 16.8% from the prior year.
- By year, Interest Coverage Ratio came in at 1.66 in the year ended Dec 31, 2024 (+47.4%) and 1.12 in the year ended Dec 31, 2023.
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Interest Coverage Ratio in data going back to the quarter ended Mar 31, 2023.
- Year over year, Interest Coverage Ratio has now increased in each of the last four quarters, with growth averaging 69.1% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was the quarter ended Jun 30, 2024 (growth of 227.7%); the low point was the quarter ended Mar 31, 2025 (a decline of 60.3%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 1.39 (quarter ended Mar 31, 2026), 2.17 (quarter ended Dec 31, 2025) and 1.95 (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 8.83 |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 7.14 |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 3.42 |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 5.71 |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 6,122.38 |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 38.62 |
| 10 | Himalaya Shipping | 808.91 Mn | 809.31 Mn | 46.60 Mn | 2.96 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.96 |
| Mar 31, 2026 | 1.39 |
| Dec 31, 2025 | 2.17 |
| Sep 30, 2025 | 1.95 |
| Jun 30, 2025 | 0.99 |
| Mar 31, 2025 | 0.50 |
| Dec 31, 2024 | 1.12 |
| Sep 30, 2024 | 1.87 |
| Jun 30, 2024 | 1.82 |
| Mar 31, 2024 | 1.25 |
| Dec 31, 2023 | 1.74 |
| Sep 30, 2023 | 0.59 |
| Jun 30, 2023 | 0.56 |
| Mar 31, 2023 | 0.86 |
Himalaya Shipping Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=HSHP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "HSHP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=HSHP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();