Performance Shipping (STU:DS2) Interest Coverage: 2.88 (As of Jun. 2026) — 64% Below Median

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STU:DS2 Performance Shipping Inc STU:DS2
59 GF Score
Price €1.49
GF Value €1.96
! 4 Warning Signs
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What is Performance Shipping Interest Coverage?

Performance Shipping STU:DS2 -0.13% 59 Interest Coverage is 2.88 as of Jun. 2026, which is 64% below its 10-year median of 7.91. GuruFocus rates STU:DS2 with a GF Score™ of 59/100 and a GF Value™ of €1.96. The stock has 4 warning signs investors should review. Among 846 Transportation companies, Performance Shipping ranks worse than 71.51% 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. Performance Shipping's Operating Income for the three months ended in Jun. 2026 was €14.80 Mil. Performance Shipping's Interest Expense for the three months ended in Jun. 2026 was €-5.13 Mil. Performance Shipping's interest coverage for the quarter that ended in Jun. 2026 was 2.88. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Performance Shipping's Interest Coverage or its related term are showing as below:

STU:DS2' s Interest Coverage Range Over the Past 10 Years
Min: 2.52   Med: 7.91   Max: No Debt
Current: 2.75


STU:DS2's Interest Coverage is ranked worse than
71.51% of 846 companies
in the Transportation industry
Industry Median: 5.77 vs STU:DS2: 2.75

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


Performance Shipping  (STU:DS2) 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 .


Performance Shipping Interest Coverage Related Terms


Performance Shipping Interest Coverage Historical Data

* Premium members only.

The historical data trend for Performance Shipping'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.

Performance Shipping Interest Coverage Chart

Performance Shipping Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 8.77 7.05 35.46 5.77

Performance Shipping Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 186.39 1.84 3.54 2.65 2.88

STU:DS2 vs VNTG, UFG, EHLD: Interest Coverage Comparison

For the Marine Shipping subindustry, Performance Shipping'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.


Performance Shipping Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Performance Shipping's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Performance Shipping's Interest Coverage falls into.


STU:DS2
59GF Score
Performance Shipping Inc STU:DS2
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Performance Shipping 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.

Performance Shipping'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, Performance Shipping's Interest Expense was €-4.82 Mil. Its Operating Income was €27.82 Mil. And its Long-Term Debt & Capital Lease Obligation was €179.29 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*27.823/-4.818
=5.77

Performance Shipping's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Performance Shipping's Interest Expense was €-5.13 Mil. Its Operating Income was €14.80 Mil. And its Long-Term Debt & Capital Lease Obligation was €249.21 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*14.802/-5.131
=2.88

* 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 2.88 mean?
Performance Shipping (STU:DS2) has a Interest Coverage of 2.88 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Performance Shipping and its competitors. This is 64% below median its historical median of 7.91. Over the past decade, Performance Shipping's Interest Coverage has ranged from 2.52 to 10,000.00. According to the industry distribution chart, Performance Shipping ranks #605 out of 846 companies in the Transportation industry, placing it in the top 71.5%.
Is Performance Shipping's Interest Coverage too high?
Performance Shipping's current Interest Coverage of 2.88 is 64% below median its 10-year median of 7.91. Over the past 10 years, this metric has ranged from a low of 2.52 to a high of 10,000.00. The Transportation industry median Interest Coverage is 5.77. Performance Shipping's value of 2.88 is 50.1% below this industry median. Based on the distribution chart, Performance Shipping ranks #605 out of 846 companies in the Transportation industry, which is below the industry midpoint. Overall, Performance Shipping has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Performance Shipping's Interest Coverage compare to VNTG and UFG?
According to the Transportation industry distribution chart, Performance Shipping ranks #605 out of 846 companies for Interest Coverage. This places Performance Shipping in the lower half of its industry. The industry median Interest Coverage is 5.77. Performance Shipping's value of 2.88 is 50.1% below this benchmark. Historically, Performance Shipping's own Interest Coverage has ranged from 2.52 to 10,000.00 over the past decade. While the company's 10-year median is 7.91 vs. the industry median of 5.77, Performance Shipping 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 5.77, based on 846 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. Performance Shipping's current Interest Coverage of 2.88 is 50.1% 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 Performance Shipping and its competitors. For the Transportation industry, the median Interest Coverage is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Performance Shipping's current Interest Coverage is 2.88, which is 64% below median its own 10-year median of 7.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Performance Shipping stock overvalued right now?
Performance Shipping (STU:DS2) has a current Interest Coverage of 2.88. The stock's GF Value™ is €1.96, compared to a current price of €1.49 — trading 24.1% below its estimated fair value. The current Interest Coverage is 2.88, which is 64% below median its 10-year median of 7.91 and 50.1% below the Transportation industry median of 5.77. Performance Shipping's overall GF Score™ is 59/100 with 4 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 Performance Shipping (STU:DS2), the current Interest Coverage is 2.88 as of Jun. 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.

Is Performance Shipping (STU:DS2) Overvalued in 2026?

Based on GuruFocus' analysis, Performance Shipping stock appears to be undervalued. The current stock price of €1.49 is trading 24.1% below its estimated GF Value™ of €1.96.

Key valuation signals for STU:DS2:

  • Interest Coverage: 2.88 (64% below median its 10-year median of 7.91)
  • GF Value™: €1.96 vs. price of €1.49 (24.1% below fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 50.1% below the Transportation median (#605 of 846)

No single metric tells the full story. See the STU:DS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Performance Shipping Business Description

Other Exchanges PSHG:USA
Address 373 Syngrou Avenue, Palaio Faliro, Athens, GRC, 175 64
Performance Shipping Inc is a shipping company. The company is a provider of shipping transportation services through the ownership of tanker vessels. The company's vessels are employed on time charters with liner companies carrying container vessels and cargo along various shipping routes. It owns and operates Aframax and Suezmax tanker vessels.
59GF Score

Get the complete analysis for STU:DS2

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.49
Price
€1.96
GF Value