Mirasol Interest Expense from 2010 to 2026

M8R Stock  EUR 0.35  0.02  5.41%   
Mirasol Resources' Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is predicted to flatten to about 16 K. 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
2018-12-31
Previous Quarter
4.1 K
Current Value
78.8 K
Quarterly Volatility
14 K
 
Covid
 
Interest Hikes
Check Mirasol Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mirasol Resources' main balance sheet or income statement drivers, such as Interest Expense of 16 K, Selling General Administrative of 1.7 M or Total Revenue of 0.0, as well as many indicators such as . Mirasol financial statements analysis is a perfect complement when working with Mirasol Resources Valuation or Volatility modules.
  
This module can also supplement various Mirasol Resources Technical models . Check out the analysis of Mirasol Resources Correlation against competitors.
The Interest Expense trend for Mirasol Resources offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Mirasol Resources is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Mirasol Resources' Interest Expense Growth Pattern

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

Mirasol Interest Expense Regression Statistics

Arithmetic Mean12,417
Geometric Mean0.00
Coefficient Of Variation125.30
Mean Deviation13,147
Median0.00
Standard Deviation15,558
Sample Variance242.1M
Range44.6K
R-Value0.61
Mean Square Error162M
R-Squared0.37
Significance0.01
Slope1,881
Total Sum of Squares3.9B

Mirasol Interest Expense History

202616 K
202518.8 K
202316.4 K
202225.8 K
202133.5 K
202039.6 K
201944.6 K

About Mirasol Resources Financial Statements

Mirasol Resources stakeholders use historical fundamental indicators, such as Mirasol Resources' Interest Expense, to determine how well the company is positioned to perform in the future. Although Mirasol Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mirasol Resources' assets and liabilities are reflected in the revenues and expenses on Mirasol Resources' 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 Mirasol Resources. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense18.8 K16 K

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Other Information on Investing in Mirasol Stock

Mirasol Resources financial ratios help investors to determine whether Mirasol 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 Mirasol with respect to the benefits of owning Mirasol Resources security.