Globus Maritime Limited Interest Expense 2011-2026 | GLBS

Interest expense is the amount of interest a company is obligated to pay to creditors for using debt financing (bank loans, bonds, leasing, etc.) during the reporting period.

Includes:

Interest on bank loans
Interest on corporate bonds
Interest on leases
Interest on credit lines and overdrafts

High interest expenses indicate a high debt burden — the company may be vulnerable to rising rates or declining revenue.

Low interest expenses with high profits are a sign of financial stability.

Annual Interest Expense Globus Maritime Limited

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
5.69 M	3.85 M	2.05 M	1.96 M	3.72 M	3.6 M	2 M	1.78 M	2.43 M	2.52 M	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
5.69 M	1.78 M	2.96 M

Interest Expense of other stocks in the Marine shipping industry

Issuer	Interest Expense	Price	% 24h	Market Cap	Country
Capital Product Partners L.P. CPLP	135 M	-	2.13 %	$ 355 B	Greece
Costamare CMRE	90.2 M	$ 16.59	0.18 %	$ 1.99 B	Greece
Flex LNG Ltd. FLNG	56.2 M	$ 29.09	-0.27 %	$ 1.57 B	Bermuda
EuroDry Ltd. EDRY	7.69 M	$ 20.0	3.79 %	$ 54.6 M	Greece
Euroseas Ltd. ESEA	10.1 M	$ 68.5	2.88 %	$ 475 M	Greece
Matson MATX	7.3 M	$ 151.93	0.4 %	$ 5.12 B	USA
KNOT Offshore Partners LP KNOP	28.1 M	$ 10.21	0.69 %	$ 345 M	Britain
Nordic American Tankers Limited NAT	-670 K	$ 5.24	-1.23 %	$ 1.1 B	Bermuda
Eagle Bulk Shipping EGLE	23.6 M	-	-2.29 %	$ 678 M	USA
Huntington Ingalls Industries HII	105 M	$ 416.84	0.06 %	$ 16.4 B	USA
Pangaea Logistics Solutions, Ltd. PANL	2.95 M	$ 6.93	-0.43 %	$ 442 M	USA
Safe Bulkers SB	-712 K	$ 6.1	0.49 %	$ 629 M	Monaco
International Seaways INSW	6.17 M	$ 67.72	-1.33 %	$ 3.34 B	USA
Diana Shipping DSX	47.5 M	$ 2.4	3.45 %	$ 278 M	Greece
Star Bulk Carriers Corp. SBLK	91.8 M	$ 22.33	0.5 %	$ 2.39 B	Greece
Seanergy Maritime Holdings Corp. SHIP	20.7 M	$ 12.53	0.91 %	$ 247 M	Greece
Ardmore Shipping Corporation ASC	6.11 M	$ 14.16	-0.84 %	$ 575 M	Bermuda
Navios Maritime Holdings NM	64.7 M	-	0.22 %	$ 51.7 M	Monaco
Danaos Corporation DAC	-1.2 M	$ 111.34	0.57 %	$ 2.05 B	Greece
Performance Shipping PSHG	1.34 M	$ 2.15	-1.83 %	$ 26.6 M	Greece
Castor Maritime CTRM	11.3 M	$ 2.11	-	$ 20.4 M	Cyprus
Genco Shipping & Trading Limited GNK	-531 K	$ 21.49	1.18 %	$ 932 M	USA
Kirby Corporation KEX	46.3 M	$ 125.4	0.88 %	$ 6.98 B	USA
SEACOR Marine Holdings SMHI	-189 K	$ 7.26	2.25 %	$ 190 M	USA
Top Ships TOPS	8.2 M	-	-1.67 %	$ 22.3 M	Greece
Grindrod Shipping Holdings Ltd. GRIN	17.1 M	$ 28.45	0.49 %	$ 163 M	Singapore