Marine Interest Expense from 2010 to 2024

MPX Stock  USD 9.98  0.14  1.42%   
Marine Products Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense will likely drop to about 85.5 K in 2024. 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
2000-03-31
Previous Quarter
723 K
Current Value
23 K
Quarterly Volatility
110.5 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Marine Products financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marine Products' main balance sheet or income statement drivers, such as Interest Expense of 85.5 K, Total Revenue of 229.5 M or Gross Profit of 51 M, as well as many indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0528 or PTB Ratio of 3.01. Marine financial statements analysis is a perfect complement when working with Marine Products Valuation or Volatility modules.
  
Check out the analysis of Marine Products Correlation against competitors.
For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.

Latest Marine Products' Interest Expense Growth Pattern

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

Marine Interest Expense Regression Statistics

Arithmetic Mean493,433
Geometric Mean0.00
Coefficient Of Variation179.42
Mean Deviation675,960
Median0.00
Standard Deviation885,295
Sample Variance783.7B
Range2.4M
R-Value0.31
Mean Square Error762.4B
R-Squared0.1
Significance0.26
Slope61,577
Total Sum of Squares11T

Marine Interest Expense History

202485.5 K
202390 K
2021338 K
2020M
20192.4 M
20182.1 M

About Marine Products Financial Statements

Marine Products investors use historical fundamental indicators, such as Marine Products' Interest Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Marine Products. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense90 K85.5 K

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Additional Tools for Marine Stock Analysis

When running Marine Products' price analysis, check to measure Marine Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marine Products is operating at the current time. Most of Marine Products' value examination focuses on studying past and present price action to predict the probability of Marine Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marine Products' price. Additionally, you may evaluate how the addition of Marine Products to your portfolios can decrease your overall portfolio volatility.