Nordic American Tankers Limited Interest Expense 2011-2026 | NAT

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 Nordic American Tankers Limited

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
-670 K	137 K	46 K	26.4 M	31.5 M	38.4 M	34.5 M	20.5 M	11.2 M	10.9 M	12.2 M	11.5 M	5.85 M	2.13 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
38.4 M	-670 K	14.6 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	$ 16.66	0.6 %	$ 2 B	Greece
Globus Maritime Limited GLBS	5.69 M	$ 1.69	-	$ 13.3 B	Greece
EuroDry Ltd. EDRY	7.69 M	$ 19.68	2.13 %	$ 53.7 M	Greece
Flex LNG Ltd. FLNG	56.2 M	$ 29.25	0.27 %	$ 1.58 B	Bermuda
Euroseas Ltd. ESEA	10.1 M	$ 68.95	3.55 %	$ 478 M	Greece
KNOT Offshore Partners LP KNOP	28.1 M	$ 10.16	0.2 %	$ 344 M	Britain
Eagle Bulk Shipping EGLE	23.6 M	-	-2.29 %	$ 678 M	USA
Huntington Ingalls Industries HII	105 M	$ 420.44	0.92 %	$ 16.5 B	USA
Matson MATX	7.3 M	$ 154.41	2.04 %	$ 5.2 B	USA
Pangaea Logistics Solutions, Ltd. PANL	2.95 M	$ 6.9	-0.93 %	$ 440 M	USA
Safe Bulkers SB	-712 K	$ 6.08	0.16 %	$ 626 M	Monaco
International Seaways INSW	6.17 M	$ 67.88	-1.09 %	$ 3.35 B	USA
Diana Shipping DSX	47.5 M	$ 2.46	5.82 %	$ 285 M	Greece
Seanergy Maritime Holdings Corp. SHIP	20.7 M	$ 12.33	-0.72 %	$ 243 M	Greece
Ardmore Shipping Corporation ASC	6.11 M	$ 14.14	-0.98 %	$ 574 M	Bermuda
Navios Maritime Holdings NM	64.7 M	-	0.22 %	$ 51.7 M	Monaco
Danaos Corporation DAC	-1.2 M	$ 111.36	0.59 %	$ 2.05 B	Greece
Star Bulk Carriers Corp. SBLK	91.8 M	$ 22.25	0.11 %	$ 2.38 B	Greece
Performance Shipping PSHG	1.34 M	$ 2.09	-4.58 %	$ 25.8 M	Greece
Castor Maritime CTRM	11.3 M	$ 2.09	-0.95 %	$ 20.2 M	Cyprus
Genco Shipping & Trading Limited GNK	-531 K	$ 21.89	3.06 %	$ 949 M	USA
Kirby Corporation KEX	46.3 M	$ 127.78	2.79 %	$ 7.12 B	USA
SEACOR Marine Holdings SMHI	-189 K	$ 7.5	5.63 %	$ 197 M	USA
Top Ships TOPS	8.2 M	-	-1.67 %	$ 22.3 M	Greece
Grindrod Shipping Holdings Ltd. GRIN	17.1 M	$ 28.29	-0.07 %	$ 163 M	Singapore