HSHP (Himalaya Shipping) Interest Expense: $-50.7 Mil (TTM As of Mar. 2026)


HSHP Himalaya Shipping Ltd HSHP
58 GF Score
Price $13.40
GF Value $13.78
Valuation Fairly Valued
! 6 Warning Signs
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What is Himalaya Shipping Interest Expense?

Himalaya Shipping HSHP +0.30% 58 Interest Expense is $-50.7 Mil as of Mar. 2026. GuruFocus rates HSHP with a GF Score™ of 58/100 and a GF Value™ of $13.78 (Fairly Valued). The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Himalaya Shipping's interest expense for the three months ended in Mar. 2026 was $ -12.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-50.7 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Himalaya Shipping's Operating Income for the three months ended in Mar. 2026 was $ 17.2 Mil. Himalaya Shipping's Interest Expense for the three months ended in Mar. 2026 was $ -12.4 Mil. Himalaya Shipping's Interest Coverage for the quarter that ended in Mar. 2026 was 1.39. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Himalaya Shipping  (NYSE:HSHP) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Himalaya Shipping's Interest Expense for the three months ended in Mar. 2026 was $-12.4 Mil. Its Operating Income for the three months ended in Mar. 2026 was $17.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $659.5 Mil.

Himalaya Shipping's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*17.2/-12.4
=1.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Himalaya Shipping Ltd interest coverage is 1.56, which is low.

Himalaya Shipping Interest Expense Historical Data

* Premium members only.

The historical data trend for Himalaya Shipping's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Himalaya Shipping Interest Expense Chart

Himalaya Shipping Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
0.00 -0.02 -13.60 -46.60 -51.40

Himalaya Shipping Quarterly Data
Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.10 -12.80 -12.80 -12.70 -12.40
HSHP
58GF Score
Himalaya Shipping Ltd HSHP
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Himalaya Shipping Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-50.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-50.7 Mil mean?
Himalaya Shipping (HSHP) has a Interest Expense of $-50.7 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Himalaya Shipping and its competitors.
Is Himalaya Shipping's Interest Expense too high?
Himalaya Shipping's current Interest Expense is $-50.7 Mil. Overall, Himalaya Shipping has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Himalaya Shipping's Interest Expense compare to competitors?
Himalaya Shipping's Interest Expense of $-50.7 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Transportation company?
A good Interest Expense depends on the Transportation industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Himalaya Shipping and its competitors. Himalaya Shipping's current Interest Expense is $-50.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Himalaya Shipping stock overvalued right now?
Based on GuruFocus' analysis, Himalaya Shipping (HSHP) is currently considered Fairly Valued. The stock's GF Value™ is $13.78, compared to a current price of $13.40 — trading 2.8% below its estimated fair value. The current Interest Expense is $-50.7 Mil. Himalaya Shipping's overall GF Score™ is 58/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Himalaya Shipping (HSHP), the current Interest Expense is $-50.7 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Himalaya Shipping (HSHP) Overvalued in 2026?

Based on GuruFocus' analysis, Himalaya Shipping stock appears to be undervalued. The current stock price of $13.40 is trading 2.8% below its estimated GF Value™ of $13.78. GuruFocus considers Himalaya Shipping to be Fairly Valued.

Key valuation signals for HSHP:

  • Interest Expense: $-50.7 Mil
  • GF Value™: $13.78 vs. price of $13.40 (2.8% below fair value)
  • GF Score™: 58/100 with 6 warning signs

No single metric tells the full story. See the HSHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Himalaya Shipping Business Description

Address 9 Par-la-Ville Road, 2nd Floor, S E Pearman Building, Hamilton, BMU, HM 11
Himalaya Shipping Ltd is engaged in the operation of dry bulk vessels and focuses on operating a fleet of Newcastlemax dry bulk carriers.
58GF Score

Get the complete analysis for HSHP

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.40
Price
$13.78
GF Value