CMDB (Costamare Bulkers Holdings) Interest Coverage: 2.61 (As of Mar. 2026) — 100% Below Median


CMDB Costamare Bulkers Holdings Ltd CMDB
14 GF Score
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What is Costamare Bulkers Holdings Interest Coverage?

Costamare Bulkers Holdings CMDB -1.63% 14 Interest Coverage is 2.61 as of Mar. 2026, which is 100% below its 10-year median of 5,002.86. GuruFocus rates CMDB with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 845 Transportation companies, Costamare Bulkers Holdings ranks worse than 118343.08% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Costamare Bulkers Holdings's Operating Income for the three months ended in Mar. 2026 was $6.2 Mil. Costamare Bulkers Holdings's Interest Expense for the three months ended in Mar. 2026 was $-2.4 Mil. Costamare Bulkers Holdings's interest coverage for the quarter that ended in Mar. 2026 was 2.61. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Costamare Bulkers Holdings's Interest Coverage or its related term are showing as below:


CMDB's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.66
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Costamare Bulkers Holdings  (NYSE:CMDB) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Costamare Bulkers Holdings Interest Coverage Related Terms


Costamare Bulkers Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Costamare Bulkers Holdings's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Costamare Bulkers Holdings Interest Coverage Chart

Costamare Bulkers Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Interest Coverage
5.71 0.00 No Debt 0.00

Costamare Bulkers Holdings Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial No Debt 0.00 0.00 0.00 2.61

CMDB vs GASS, SHIP, ESEA: Interest Coverage Comparison

For the Marine Shipping subindustry, Costamare Bulkers Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Costamare Bulkers Holdings Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Costamare Bulkers Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Costamare Bulkers Holdings's Interest Coverage falls into.


CMDB
14GF Score
Costamare Bulkers Holdings Ltd CMDB
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Costamare Bulkers Holdings Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Costamare Bulkers Holdings's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Costamare Bulkers Holdings's Interest Expense was $-9.0 Mil. Its Operating Income was $-18.8 Mil. And its Long-Term Debt & Capital Lease Obligation was $140.6 Mil.

Costamare Bulkers Holdings did not have earnings to cover the interest expense.

Costamare Bulkers Holdings's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Costamare Bulkers Holdings's Interest Expense was $-2.4 Mil. Its Operating Income was $6.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $127.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*6.17/-2.361
=2.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.61 mean?
Costamare Bulkers Holdings (CMDB) has a Interest Coverage of 2.61 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Costamare Bulkers Holdings and its competitors. This is 100% below median its historical median of 5,002.86. According to the industry distribution chart, Costamare Bulkers Holdings ranks #999999 out of 845 companies in the Transportation industry.
Is Costamare Bulkers Holdings' Interest Coverage too high?
Costamare Bulkers Holdings' current Interest Coverage of 2.61 is 100% below median its 10-year median of 5,002.86. The Transportation industry median Interest Coverage is 5.66. Costamare Bulkers Holdings' value of 2.61 is 53.9% below this industry median. Based on the distribution chart, Costamare Bulkers Holdings ranks #999999 out of 845 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Costamare Bulkers Holdings has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Costamare Bulkers Holdings' Interest Coverage compare to GASS and SHIP?
According to the Transportation industry distribution chart, Costamare Bulkers Holdings ranks #999999 out of 845 companies for Interest Coverage. This places Costamare Bulkers Holdings in the lower half of its industry. The industry median Interest Coverage is 5.66. Costamare Bulkers Holdings' value of 2.61 is 53.9% below this benchmark. While the company's 10-year median is 5,002.86 vs. the industry median of 5.66, Costamare Bulkers Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.66, based on 845 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Costamare Bulkers Holdings's current Interest Coverage of 2.61 is 53.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Costamare Bulkers Holdings and its competitors. For the Transportation industry, the median Interest Coverage is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Costamare Bulkers Holdings's current Interest Coverage is 2.61, which is 100% below median its own 10-year median of 5,002.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Costamare Bulkers Holdings stock overvalued right now?
Costamare Bulkers Holdings (CMDB) has a current Interest Coverage of 2.61. The current Interest Coverage is 2.61, which is 100% below median its 10-year median of 5,002.86 and 53.9% below the Transportation industry median of 5.66. Costamare Bulkers Holdings' overall GF Score™ is 14/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Costamare Bulkers Holdings (CMDB), the current Interest Coverage is 2.61 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Costamare Bulkers Holdings Business Description

Other Exchanges CR1:Germany
Address 7 rue du Gabian, Monaco, MCO, MC 98000
Costamare Bulkers Holdings Ltd is an international owner and operator of dry bulk vessels providing transportation of dry bulk commodities globally for a broad range of customers. Its vessels transport a broad range of bulks, such as iron ore, coal and grains and minor bulks, such as bauxite, phosphate fertilizers and steel products, across shipping routes globally. The company's vessel fleet includes Current Dry Bulk Fleet, Chartered-In Vessels Fleet, and Chartered-In Newbuilding Vessels. It operates under one reportable segment, that of operating dry bulk vessels.
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