Is it safe?
Can GSL take a bad year?
Global Ship Lease, Inc. carries $415M of net debt at 0.74× EBITDA: a load its earnings can carry.
$415M
Net debt · as at FY2025 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.74×
Net debt / EBITDA · 1.13× a year ago · the load is coming down
- Interest cover
- 11.2×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 30%
Annualised volatility · about as steady as the market itself
Details›
- Total debtFY2025
- $689M
- Cash and short-term investments
- $274M
- Net debt
- $415M
- EBITDA, trailing twelve months
- $557M
- Operating profit, trailing twelve months
- $435M
- Debt / equity
- 0.38×
- Total debt / EBITDA
- 1.24×
- Annualised volatilitytwo years of daily moves
- 30%
- Worst drawdown on file
- −87%
- Below its 52-week high
- −2.4%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.