Hastings Interest Expense from 2010 to 2026

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Hastings Technology's Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is estimated to finish at about 41.9 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2010-12-31
Previous Quarter
39.9 M
Current Value
41.9 M
Quarterly Volatility
16.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Hastings Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hastings Technology's main balance sheet or income statement drivers, such as Interest Expense of 41.9 M, Selling General Administrative of 27 M or Total Revenue of 183.7 K, as well as many indicators such as . Hastings financial statements analysis is a perfect complement when working with Hastings Technology Valuation or Volatility modules.
  
This module can also supplement various Hastings Technology Technical models . Check out the analysis of Hastings Technology Correlation against competitors.
The Interest Expense trend for Hastings Technology Metals offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Hastings Technology is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Hastings Technology's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Hastings Technology Metals over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Hastings Technology's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hastings Technology's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Hastings Interest Expense Regression Statistics

Arithmetic Mean10,103,897
Geometric Mean0.00
Coefficient Of Variation164.86
Mean Deviation14,255,791
Median0.00
Standard Deviation16,656,815
Sample Variance277.4T
Range41.9M
R-Value0.80
Mean Square Error106T
R-Squared0.64
Significance0.0001
Slope2,642,750
Total Sum of Squares4439.2T

Hastings Interest Expense History

202641.9 M
202539.9 M
202334.7 M
202220.5 M
202128 K
202018.3 K
201926.2 K

About Hastings Technology Financial Statements

Hastings Technology stakeholders use historical fundamental indicators, such as Hastings Technology's Interest Expense, to determine how well the company is positioned to perform in the future. Although Hastings Technology investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hastings Technology's assets and liabilities are reflected in the revenues and expenses on Hastings Technology's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Hastings Technology Metals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense39.9 M41.9 M

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Other Information on Investing in Hastings Stock

Hastings Technology financial ratios help investors to determine whether Hastings Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hastings with respect to the benefits of owning Hastings Technology security.