Seapeak (SEAL-PA) Interest Coverage Ratio (2009 - 2026)
Seapeak's (SEAL-PA) quarterly Interest Coverage Ratio came in at 1.38 in Q2 2026, down 44.4% on a YoY basis from 2.48 in Q2 2025, and down 14.84% quarter-over-quarter from 1.2 in Q1 2026.
Analysis
Seapeak (SEAL-PA) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Seapeak (SEAL-PA) has reported Interest Coverage Ratio for 18 consecutive years, with 1.38 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 44.4% year-over-year to 1.38; the trailing twelve-month figure through Jun 2026 stood at 0.81 (down 199.5% YoY), and the FY2025 full-year result was 0.79, down 249.42% from the prior year.
- Interest Coverage Ratio eased to 1.38 in Q2 2026 per SEAL-PA's latest filing, from 1.2 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 7.1 in Q4 2024 and bottomed at 2.28 in Q1 2023.
- Historically, Interest Coverage Ratio has averaged 0.86 across 5 years, with a median of 1.4 in 2022.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio plunged 278.35% in 2023, then surged 611.7% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 1.39 in 2022, then increased by 0.5% to 1.39 in 2023, then soared by 611.7% to 7.1 in 2024, then slumped by 114.18% to 1.01 in 2025, then plunged by 37.01% to 1.38 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.38, 1.2, and 1.01 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 | 10.27 Bn | 9.94 Bn | - | -19.06 |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 11.15 |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 99.31 |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 28.53 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | -27.49 |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | -5.52 |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | -11.03 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 12.46 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | -6.40 |
| 10 | Seapeak | 2.24 Bn | 2.18 Bn | 152.57 Mn | -1.38 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.38 |
| Mar 31, 2026 | -1.20 |
| Dec 31, 2025 | -1.01 |
| Sep 30, 2025 | 0.22 |
| Jun 30, 2025 | -0.95 |
| Mar 31, 2025 | -1.41 |
| Dec 31, 2024 | 7.10 |
| Sep 30, 2024 | -1.68 |
| Jun 30, 2024 | -1.59 |
| Mar 31, 2024 | -1.71 |
| Dec 31, 2023 | -1.39 |
| Sep 30, 2023 | -1.42 |
| Jun 30, 2023 | -1.63 |
| Mar 31, 2023 | -2.28 |
| Dec 31, 2022 | -1.39 |
| Sep 30, 2022 | -1.41 |
| Jun 30, 2022 | -1.69 |
| Mar 31, 2022 | -0.60 |
| Dec 31, 2021 | -1.82 |
| Sep 30, 2021 | -1.95 |