Grindrod Shipping Holdings Ltd. Interest Expense 2011-2025 | GRIN

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 Grindrod Shipping Holdings Ltd.

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
17.1 M	17.1 M	12.3 M	15.1 M	8.05 M	6.52 M	6.55 M	4.9 M	-	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
17.1 M	4.9 M	11 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	140 M	$ 15.72	0.64 %	$ 1.88 B	Greece
Diana Shipping DSX	47.5 M	$ 1.7	-0.59 %	$ 197 M	Greece
Flex LNG Ltd. FLNG	56.2 M	$ 24.54	0.76 %	$ 1.34 B	Bermuda
EuroDry Ltd. EDRY	7.69 M	$ 12.85	-1.15 %	$ 35.1 M	Greece
Euroseas Ltd. ESEA	10.1 M	$ 54.7	0.42 %	$ 380 M	Greece
Globus Maritime Limited GLBS	5.69 M	$ 1.71	0.33 %	$ 13.3 B	Greece
Huntington Ingalls Industries HII	95 M	$ 351.39	-1.2 %	$ 13.8 B	USA
Danaos Corporation DAC	2.24 M	$ 94.54	-	$ 1.83 B	Greece
Genco Shipping & Trading Limited GNK	-234 K	$ 18.79	0.83 %	$ 809 M	USA
Ardmore Shipping Corporation ASC	6.78 M	$ 10.85	1.17 %	$ 452 M	Bermuda
Nordic American Tankers Limited NAT	-670 K	$ 3.45	1.47 %	$ 722 M	Bermuda
Castor Maritime CTRM	11.3 M	$ 2.34	-0.96 %	$ 22.6 M	Cyprus
Pangaea Logistics Solutions, Ltd. PANL	300 K	$ 6.96	-0.07 %	$ 312 M	USA
Kirby Corporation KEX	49.1 M	$ 111.05	0.16 %	$ 6.44 B	USA
Matson MATX	7.3 M	$ 124.99	0.56 %	$ 4.21 B	USA
International Seaways INSW	10.1 M	$ 48.73	1.5 %	$ 2.4 B	USA
Navios Maritime Holdings NM	64.7 M	-	0.22 %	$ 51.7 M	Monaco
Performance Shipping PSHG	1.34 M	$ 2.31	-0.65 %	$ 28.6 M	Greece
Eagle Bulk Shipping EGLE	23.6 M	-	-2.29 %	$ 678 M	USA
Star Bulk Carriers Corp. SBLK	91.8 M	$ 19.45	2.61 %	$ 2.08 B	Greece
Safe Bulkers SB	-618 K	$ 4.84	0.52 %	$ 521 M	Monaco
SEACOR Marine Holdings SMHI	121 K	$ 6.2	-2.21 %	$ 171 M	USA
Seanergy Maritime Holdings Corp. SHIP	20.7 M	$ 9.42	0.64 %	$ 186 M	Greece
KNOT Offshore Partners LP KNOP	28.1 M	$ 10.6	1.63 %	$ 358 M	Britain
Top Ships TOPS	8.2 M	-	-1.67 %	$ 22.3 M	Greece