Mohawk Interest Expense from 2010 to 2024

MHK Stock  USD 139.06  1.57  1.14%   
Mohawk Industries Interest Expense yearly trend continues to be quite stable with very little volatility. The value of Interest Expense is projected to decrease to about 71.2 M. 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
1991-03-31
Previous Quarter
12.6 M
Current Value
11.2 M
Quarterly Volatility
137.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mohawk Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mohawk Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 661.8 M, Interest Expense of 71.2 M or Total Revenue of 6.4 B, as well as many indicators such as Price To Sales Ratio of 0.69, Dividend Yield of 0.0015 or PTB Ratio of 0.82. Mohawk financial statements analysis is a perfect complement when working with Mohawk Industries Valuation or Volatility modules.
  
Check out the analysis of Mohawk Industries Correlation against competitors.
For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.

Latest Mohawk Industries' Interest Expense Growth Pattern

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

Mohawk Interest Expense Regression Statistics

Arithmetic Mean60,668,013
Geometric Mean53,568,001
Coefficient Of Variation43.23
Mean Deviation21,589,081
Median57,252,000
Standard Deviation26,226,115
Sample Variance687.8T
Range91.5M
R-Value(0.10)
Mean Square Error732.8T
R-Squared0.01
Significance0.71
Slope(605,438)
Total Sum of Squares9629.3T

Mohawk Interest Expense History

202471.2 M
202377.5 M
202251.9 M
202157.3 M
202052.4 M
201941.3 M
201838.8 M

About Mohawk Industries Financial Statements

Mohawk Industries investors utilize fundamental indicators, such as Interest Expense, to predict how Mohawk Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Expense77.5 M71.2 M

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When determining whether Mohawk Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Mohawk Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mohawk Industries Stock. Highlighted below are key reports to facilitate an investment decision about Mohawk Industries Stock:
Check out the analysis of Mohawk Industries Correlation against competitors.
For more information on how to buy Mohawk Stock please use our How to buy in Mohawk Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mohawk Industries. If investors know Mohawk will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mohawk Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.557
Earnings Share
8.85
Revenue Per Share
170.048
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0432
The market value of Mohawk Industries is measured differently than its book value, which is the value of Mohawk that is recorded on the company's balance sheet. Investors also form their own opinion of Mohawk Industries' value that differs from its market value or its book value, called intrinsic value, which is Mohawk Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mohawk Industries' market value can be influenced by many factors that don't directly affect Mohawk Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mohawk Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mohawk Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mohawk Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.