Seanergy Maritime Holdings (SHIP) Interest Coverage Ratio (2009 - 2026)
Seanergy Maritime Holdings (SHIP) reported Interest Coverage Ratio of 3.24 for Q1 2026, down 948.14% on a YoY basis from 0.38 in Q1 2025, and up 72.52% sequentially from 11.8 in Q4 2025.
Seanergy Maritime Holdings (SHIP) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Seanergy Maritime Holdings (SHIP) has 18 years of Interest Coverage Ratio data on file, last reported at 3.24 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 948.14% year-over-year to 3.24; the trailing twelve-month figure through Mar 2026 stood at 308.71 (up 250.27% YoY), and the FY2025 full-year result was 2.0, down 34.3% from the prior year.
- Interest Coverage Ratio climbed to 3.24 in Q1 2026, from 11.8 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 13.54 in Q1 2022 to a low of 11.8 in Q4 2025.
- A 5-year average of 0.91 and a median of 0.15 in 2023 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio soared 2092.71% in 2022 and plunged 6692.74% in 2024, its largest moves.
- Tracing SHIP's Interest Coverage Ratio over 5 years: stood at 7.9 in 2022, then sank by 221.47% to 9.59 in 2023, then dropped by 3.23% to 9.9 in 2024, then retreated by 19.17% to 11.8 in 2025, then jumped by 72.52% to 3.24 in 2026.
- Business Quant data shows SHIP's Interest Coverage Ratio at 3.24 in Q1 2026, 11.8 in Q4 2025, and 10.52 in Q3 2025.
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 | Seanergy Maritime Holdings | 339.08 Mn | 339.08 Mn | 41.48 Mn | -3.24 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.24 |
| Dec 31, 2025 | -11.80 |
| Sep 30, 2025 | -10.52 |
| Jun 30, 2025 | 3.08 |
| Mar 31, 2025 | -0.31 |
| Dec 31, 2024 | -9.90 |
| Sep 30, 2024 | -10.17 |
| Jun 30, 2024 | 11.60 |
| Mar 31, 2024 | -3.03 |
| Dec 31, 2023 | -9.59 |
| Sep 30, 2023 | 0.15 |
| Jun 30, 2023 | 7.67 |
| Mar 31, 2023 | 5.37 |
| Dec 31, 2022 | 7.90 |
| Sep 30, 2022 | 11.47 |
| Jun 30, 2022 | 13.17 |
| Mar 31, 2022 | 13.54 |
| Dec 31, 2021 | -6.80 |
| Sep 30, 2021 | -5.40 |
| Jun 30, 2021 | -1.46 |