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
Globus Maritime Limited GLBS	7.51 M	$ 1.75	1.74 %	$ 13.3 B	Greece
Performance Shipping PSHG	1.34 M	$ 1.74	-3.87 %	$ 21.5 M	Greece
Danaos Corporation DAC	-1.2 M	$ 114.08	2.07 %	$ 2.1 B	Greece
Ardmore Shipping Corporation ASC	6.11 M	$ 15.1	3.07 %	$ 613 M	Bermuda
Navios Maritime Holdings NM	64.7 M	-	0.22 %	$ 51.7 M	Monaco
Star Bulk Carriers Corp. SBLK	91.8 M	$ 22.8	2.08 %	$ 2.44 B	Greece
Flex LNG Ltd. FLNG	56.2 M	$ 30.41	1.13 %	$ 1.64 B	Bermuda
SEACOR Marine Holdings SMHI	-189 K	$ 7.47	5.21 %	$ 196 M	USA
EuroDry Ltd. EDRY	7.69 M	$ 18.54	-4.19 %	$ 50.6 M	Greece
International Seaways INSW	6.17 M	$ 70.05	3.41 %	$ 3.46 B	USA
KNOT Offshore Partners LP KNOP	28.1 M	$ 9.75	6.67 %	$ 330 M	Britain
Eagle Bulk Shipping EGLE	23.6 M	-	-2.29 %	$ 678 M	USA
Pangaea Logistics Solutions, Ltd. PANL	2.95 M	$ 6.94	2.21 %	$ 443 M	USA
Nordic American Tankers Limited NAT	-670 K	$ 5.45	3.71 %	$ 1.14 B	Bermuda
Genco Shipping & Trading Limited GNK	-531 K	$ 22.15	2.64 %	$ 961 M	USA
Kirby Corporation KEX	46.3 M	$ 131.5	0.75 %	$ 7.32 B	USA
Safe Bulkers SB	-712 K	$ 6.26	3.39 %	$ 645 M	Monaco
Matson MATX	7.3 M	$ 160.15	3.34 %	$ 5.4 B	USA
Seanergy Maritime Holdings Corp. SHIP	20.7 M	$ 12.52	3.39 %	$ 247 M	Greece
Costamare CMRE	90.2 M	$ 17.38	3.58 %	$ 2.09 B	Greece
Euroseas Ltd. ESEA	10.1 M	$ 66.09	0.9 %	$ 459 M	Greece
Diana Shipping DSX	43 M	$ 2.42	4.77 %	$ 267 M	Greece
Huntington Ingalls Industries HII	105 M	$ 398.4	-2.38 %	$ 15.7 B	USA
Top Ships TOPS	8.2 M	-	-1.67 %	$ 22.3 M	Greece
Castor Maritime CTRM	11.3 M	$ 1.95	-	$ 18.8 M	Cyprus