Mitek Interest Expense from 2010 to 2026

MITK Stock  USD 11.51  0.35  3.14%   
Mitek Systems Interest Expense yearly trend continues to be quite stable with very little volatility. The value of Interest Expense is projected to decrease to about 8.5 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
2000-12-31
Previous Quarter
2.5 M
Current Value
2.5 M
Quarterly Volatility
54.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Mitek Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mitek Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 21 M, Interest Expense of 8.5 M or Total Revenue of 217 M, as well as many indicators such as Price To Sales Ratio of 2.86, Dividend Yield of 0.0 or PTB Ratio of 2.03. Mitek financial statements analysis is a perfect complement when working with Mitek Systems Valuation or Volatility modules.
  
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Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
Historical Interest Expense data for Mitek Systems serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Mitek Systems represents a compelling investment opportunity.

Latest Mitek Systems' Interest Expense Growth Pattern

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

Mitek Interest Expense Regression Statistics

Arithmetic Mean3,851,638
Geometric Mean0.00
Coefficient Of Variation109.88
Mean Deviation3,940,476
Median769,000
Standard Deviation4,232,027
Sample Variance17.9T
Range9.8M
R-Value0.89
Mean Square Error4T
R-Squared0.79
Slope745,125
Total Sum of Squares286.6T

Mitek Interest Expense History

20268.5 M
20258.8 M
20249.8 M
20239.3 M
20229.1 M
20218.2 M
20205.1 M

About Mitek Systems Financial Statements

Mitek Systems investors utilize fundamental indicators, such as Interest Expense, to predict how Mitek 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 Expense8.8 M8.5 M

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When determining whether Mitek Systems 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 Mitek 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 Mitek Systems Stock. Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock:
Check out the analysis of Mitek Systems Correlation against competitors.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Application Software 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 Mitek Systems. Expected growth trajectory for Mitek significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Mitek Systems assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.78)
Earnings Share
0.35
Revenue Per Share
4.072
Quarterly Revenue Growth
0.188
Return On Assets
0.0384
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' 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 Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Mitek Systems' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mitek Systems represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Mitek Systems' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.