Company / Interest Expense
GENCO SHIPPING & TRADING LTD Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$15.4M
FY2023
5-year range
$15.4M / $32.0M
FY2019-FY2023
Trend
-31.5%
vs FY2022
Sector context
#70 of 111
Industrials
What the data says
At $15M, GENCO SHIPPING & TRADING LTD's interest expense ranks #42 of 111 in the Industrials sector. Interest Expense has fluctuated over the past 8 years, ranging from $8M in FY2016 to $33M in FY2018.
Based on SEC 10-K filings.
$15M in FY2023 with a 5-year CAGR of -14.2%.
Improved from $32M to $15M over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -11.8%
- 5-Year CAGR
- -14.2%
- 10-Year CAGR
- -
Sector benchmark
#42 of 111 in IndustrialsTop 37% of 111This company $15.4M Sector average $108.8M
▼
-85.9% below sector average
Key checks
Key Insights
- 5-year CAGR of -14.2%, indicating a declining trend.
- In FY2023, interest expense decreased 31.5% year-over-year.
- Ranks #70 out of 111 companies in the Industrials sector.
- Peak interest expense was recorded in FY2018.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $15.4M | -31.5% |
| FY2022 | $22.4M | -29.9% |
| FY2021 | $32.0M | +42.6% |
| FY2020 | $22.4M | -26.5% |
| FY2019 | $30.5M | -7.8% |
| FY2018 | $33.1M | +8.5% |
| FY2017 | $30.5M | +300.2% |
| FY2016 | $7.6M | -62.0% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026