Baltic Trading (BALT)
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3.75
+0.09 +2.46%
NYSE
May 23, 4:59PM
BATS Real time
Currency in USD
Baltic Trading Interest Expense:
1.016M for Dec. 31, 2012Baltic Trading Historical Interest Expense Data
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Dates:
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| Data for this Date Range | |
|---|---|
| March 31, 2013 | 1.016M |
| Dec. 31, 2012 | 1.051M |
| Sept. 30, 2012 | 1.064M |
| June 30, 2012 | 1.062M |
| March 31, 2012 | 1.075M |
| Dec. 31, 2011 | 1.106M |
| Sept. 30, 2011 | 1.105M |
| June 30, 2011 | 1.112M |
| March 31, 2011 | 1.099M |
| Dec. 31, 2010 | 1.029M |
| Sept. 30, 2010 | 0.684M |
| June 30, 2010 | 0.3937M |
| March 31, 2010 | 0.0486M |
About Interest Expense
When companies borrow money to expand or maintain their business operations, they must pay interest on the money that they borrow. The interest expense is the annual accrued amount of interest that the company paid (or sometimes will have to pay) to its creditors.
A higher interest expense means that the company is paying more to its debtors. In general, a company's capital structure with a heavier debt focus will have higher interest expenses. Liquidity ratios such as EBIT/Interest Expense can help investors see if increasing Interest Expenses are problematic.
YCharts includes both operating interest expense and non-operating interest expense in our numbers.
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BALT Interest Expense Benchmarks
| Companies | |
|---|---|
| Genco Shipping & Trading | 21.29M |
| Excel Maritime Carriers | |
| FreeSeas | 0.98M |
BALT Interest Expense Rankings
| Overall |
54th percentile 3673 of 8006 |
| Sector |
43rd percentile 507 of 895 in Industrials |
| Industry |
87th percentile 6 of 47 in Shipping & Ports |
BALT Interest Expense Range, Past 5 Years
| Minimum | 0.0486M | Mar 2010 |
| Maximum | 1.112M | Jun 2011 |
| Average | 0.9112M |
BALT News
Unusual 11 Mid-Day Movers 05/22: (CLNT) (MBND) (ZLC) Higher; (STP) (LDK) (FXEN) Lower
Street Insider May 22
Street Insider May 22
Streetinsider.com After-Hours Movers 05/21: (SKS) (NTAP) (LO) Higher; (UAN) (ADI) (BALT)
Street Insider May 21
Street Insider May 21