Grindrod Shipping Holdings Ltd. Interest Expense 2011-2026 | 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
International Seaways INSW	6.17 M	$ 75.48	-1.31 %	$ 3.72 B	USA
Costamare CMRE	140 M	$ 17.07	-4.58 %	$ 2.04 B	Greece
Diana Shipping DSX	47.5 M	$ 2.66	0.19 %	$ 308 M	Greece
Castor Maritime CTRM	11.3 M	$ 2.23	-	$ 21.5 M	Cyprus
Performance Shipping PSHG	1.34 M	$ 2.33	-1.69 %	$ 28.8 M	Greece
EuroDry Ltd. EDRY	7.69 M	$ 22.74	-0.6 %	$ 62 M	Greece
Danaos Corporation DAC	-1.2 M	$ 114.28	-3.23 %	$ 2.11 B	Greece
Euroseas Ltd. ESEA	10.1 M	$ 66.0	-5.47 %	$ 458 M	Greece
Ardmore Shipping Corporation ASC	6.78 M	$ 16.29	-2.51 %	$ 679 M	Bermuda
Flex LNG Ltd. FLNG	56.2 M	$ 28.04	-0.57 %	$ 1.51 B	Bermuda
Globus Maritime Limited GLBS	5.69 M	$ 2.14	-0.47 %	$ 13.3 B	Greece
Genco Shipping & Trading Limited GNK	-531 K	$ 23.61	-3.46 %	$ 1.02 B	USA
Huntington Ingalls Industries HII	105 M	$ 440.36	-2.87 %	$ 17.3 B	USA
Kirby Corporation KEX	46.3 M	$ 130.87	-1.69 %	$ 7.29 B	USA
KNOT Offshore Partners LP KNOP	28.1 M	$ 10.4	-2.8 %	$ 357 M	Britain
Matson MATX	7.3 M	$ 166.0	-2.98 %	$ 5.59 B	USA
Eagle Bulk Shipping EGLE	23.6 M	-	-2.29 %	$ 678 M	USA
Nordic American Tankers Limited NAT	-670 K	$ 5.68	-4.7 %	$ 1.19 B	Bermuda
Pangaea Logistics Solutions, Ltd. PANL	300 K	$ 8.94	-4.08 %	$ 401 M	USA
Safe Bulkers SB	-618 K	$ 6.43	-3.45 %	$ 692 M	Monaco
Star Bulk Carriers Corp. SBLK	91.8 M	$ 25.96	-3.46 %	$ 2.77 B	Greece
Seanergy Maritime Holdings Corp. SHIP	20.7 M	$ 14.45	-2.86 %	$ 285 M	Greece
SEACOR Marine Holdings SMHI	-189 K	$ 7.48	-0.53 %	$ 196 M	USA
Navios Maritime Holdings NM	64.7 M	-	0.22 %	$ 51.7 M	Monaco
Top Ships TOPS	8.2 M	-	-1.67 %	$ 22.3 M	Greece