Himalaya Shipping (HSHP) Interest Coverage Ratio (2023 - 2026)
Himalaya Shipping's (HSHP) quarterly Interest Coverage Ratio came in at 2.96 in Q2 2026, down 178.56% on a YoY basis from 3.77 in Q2 2025, and down 113.37% quarter-over-quarter from 1.39 in Q1 2026.
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Himalaya Shipping (HSHP) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Himalaya Shipping (HSHP) has reported Interest Coverage Ratio for 4 consecutive years, with 2.96 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 178.56% year-over-year to 2.96; the trailing twelve-month figure through Jun 2026 stood at 2.03 (down 83.27% YoY), and the FY2025 full-year result was 1.33, up 7.3% from the prior year.
- Interest Coverage Ratio retreated to 2.96 in Q2 2026 per HSHP's latest filing, from 1.39 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.5 in Q1 2025 and bottomed at 2.96 in Q2 2026.
- Historically, Interest Coverage Ratio has averaged 1.37 across 4 years, with a median of 1.32 in 2024.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio sank 204.37% in 2024, then soared 60.31% in 2025.
- Over 4 years, Interest Coverage Ratio stood at 1.74 in 2023, then soared by 38.5% to 1.07 in 2024, then plunged by 91.56% to 2.05 in 2025, then tumbled by 44.57% to 2.96 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.96, 1.39, and 2.05 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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 | Himalaya Shipping | 835.05 Mn | 835.05 Mn | 46.60 Mn | 2.96 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.96 |
| Mar 31, 2026 | -1.39 |
| Dec 31, 2025 | -2.05 |
| Sep 30, 2025 | -1.72 |
| Jun 30, 2025 | -1.06 |
| Mar 31, 2025 | -0.50 |
| Dec 31, 2024 | -1.07 |
| Sep 30, 2024 | -1.79 |
| 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 |