GSLGlobal Ship Lease, Inc.
Is it safe?
Nothing alarming, nothing pristine: insiders quiet, comfortable debt (AA), and typical volatility.
Insiders were net sellers (-$3.9M, 90 days to Oct 8, 2026), selling is often routine.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -86% · now 4% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
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.
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
- 4.0%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.