Global Ship Lease GSL
NYSE GSL
$44.70 -1.70 (-3.66%)
As of: Sep 8, 2026 · 3:59 PM EDT

Global Ship Lease (GSL) Rent Expense (2009 - 2018)

Global Ship Lease (GSL) posted Rent Expense of $215000.0 for Q3 2018, little changed on a QoQ basis from $214000.0 in Q2 2018, and down 46.25% year-over-year from $400000.0 in Q3 2017.

Analysis

Global Ship Lease (GSL) Rent Expense (2009 - 2018) Analysis & Trends

Global Ship Lease has reported Rent Expense for 5 years, with the latest figure at $215000.0 in Q3 2018.

  • On a quarterly basis, Rent Expense fell 46.25% year-over-year to $215000.0 in Q3 2018; TTM through Sep 2018 was $1.2 million, a 28.06% decrease from a year earlier, with the FY2017 full-year figure at $1.6 million, changed 0.0% from the prior year.
  • Rent Expense was $215000.0 for Q3 2018 at Global Ship Lease, roughly flat from $214000.0 in the prior quarter.
  • The five-year high for Rent Expense was $523000.0 in Q2 2015, with the low at $214000.0 in Q2 2018.
  • Average Rent Expense over 4 years is $378142.9, with a median of $400000.0 recorded in 2015.
  • The sharpest annual moves came in 2016 and 2018: Rent Expense changed 0.0% in 2016, then tumbled 46.5% in 2018.
  • Over 4 years, Rent Expense stood at $400000.0 in 2015, then changed by 0.0% to $400000.0 in 2016, then changed by 0.0% to $400000.0 in 2017, then sank by 46.25% to $215000.0 in 2018.
  • The last three Rent Expense figures came in at $215000.0 (Q3 2018), $214000.0 (Q2 2018), and $322000.0 (Q1 2018), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - -
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn -
3 Matson 6.76 Bn 6.64 Bn - -
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn -
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn -
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn -
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn -
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn -
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn -12.62 Mn
10 Global Ship Lease 793.09 Mn 793.09 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2018 215,000.00
Jun 30, 2018 214,000.00
Mar 31, 2018 322,000.00
Dec 31, 2017 400,000.00
Sep 30, 2017 400,000.00
Jun 30, 2017 400,000.00
Mar 31, 2017 400,000.00
Dec 31, 2016 400,000.00
Sep 30, 2016 400,000.00
Jun 30, 2016 400,000.00
Mar 31, 2016 400,000.00
Dec 31, 2015 400,000.00
Sep 30, 2015 420,000.00
Jun 30, 2015 523,000.00
Sep 30, 2009 64.97 Mn