ZIM Integrated Shipping Services (ZIM) Operating Interest Expenses (2020 - 2022)
ZIM Integrated Shipping Services (ZIM) posted quarterly Operating Interest Expenses of -$62.1 million for Q3 2022, down 54.86% year-over-year from -$137.6 million in Q3 2021, and down 14.58% quarter-over-quarter from -$54.2 million in Q2 2022.
ZIM Integrated Shipping Services (ZIM) Operating Interest Expenses (2020 - 2022) Analysis & Trends
ZIM Integrated Shipping Services (ZIM) has reported Operating Interest Expenses for 3 consecutive years, with -$62.1 million the latest figure, recorded in Q3 2022.
- In Q3 2022, Operating Interest Expenses fell 54.86% year-over-year to -$62.1 million; the TTM figure through Sep 2022 stood at -$199.4 million (down 34.85% YoY), while the FY2021 annual figure was -$160.0 million, down 17.69% from the prior year.
- Operating Interest Expenses eased to -$62.1 million in Q3 2022 per ZIM's latest filing, from -$54.2 million in the prior quarter.
- Across five years, Operating Interest Expenses topped out at -$30.5 million in Q1 2020 and bottomed at -$62.1 million in Q3 2022.
- Historically, Operating Interest Expenses has averaged -$43.4 million across 3 years, with a median of -$41.5 million in 2021.
- Annual changes were most pronounced in 2021 — Operating Interest Expenses decreased 14.22% — and 2022, when it tumbled 54.86%.
- ZIM Integrated Shipping Services' Operating Interest Expenses stood at -$30.5 million in 2020, then plunged by 39.82% to -$42.6 million in 2021, then slumped by 45.77% to -$62.1 million in 2022.
- Business Quant data shows ZIM's Operating Interest Expenses at -$62.1 million in Q3 2022, -$54.2 million in Q2 2022, and -$40.5 million in Q1 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | - |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | - |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | - |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | - |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | - |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | -62.10 Mn |
| Sep 30, 2022 | -62.10 Mn |
| Jun 30, 2022 | -54.20 Mn |
| Jun 30, 2022 | -54.20 Mn |
| Mar 31, 2022 | -40.50 Mn |
| Mar 31, 2022 | -40.50 Mn |
| Dec 31, 2021 | -42.60 Mn |
| Dec 31, 2021 | -42.60 Mn |
| Sep 30, 2021 | -40.10 Mn |
| Sep 30, 2021 | -40.10 Mn |
| Jun 30, 2021 | -42.50 Mn |
| Jun 30, 2021 | -42.50 Mn |
| Mar 31, 2021 | -34.80 Mn |
| Mar 31, 2021 | -34.80 Mn |
| Mar 31, 2020 | -30.47 Mn |
| Mar 31, 2020 | -30.47 Mn |