Matrix Interest Expense from 2010 to 2024

MTRX Stock  USD 13.32  0.08  0.60%   
Matrix Service Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense is likely to outpace its year average 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
1999-12-31
Previous Quarter
343 K
Current Value
89 K
Quarterly Volatility
492.2 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Matrix Service financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Matrix Service's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.3 M, Interest Expense of 1.4 M or Total Revenue of 649.8 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0 or PTB Ratio of 1.85. Matrix financial statements analysis is a perfect complement when working with Matrix Service Valuation or Volatility modules.
  
Check out the analysis of Matrix Service Correlation against competitors.

Latest Matrix Service's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Matrix Service Co over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Matrix Service's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Matrix Service'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  

Matrix Interest Expense Regression Statistics

Arithmetic Mean1,457,172
Geometric Mean0.00
Coefficient Of Variation51.83
Mean Deviation559,862
Median1,351,585
Standard Deviation755,253
Sample Variance570.4B
Range3M
R-Value0.53
Mean Square Error441.5B
R-Squared0.28
Significance0.04
Slope89,575
Total Sum of Squares8T

Matrix Interest Expense History

20241.4 M
20231.1 M
2022M
2021M
20201.6 M
20191.6 M
20181.3 M

About Matrix Service Financial Statements

Matrix Service investors use historical fundamental indicators, such as Matrix Service's 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 Matrix Service. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense1.1 M1.4 M

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Additional Tools for Matrix Stock Analysis

When running Matrix Service's price analysis, check to measure Matrix Service's 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 Matrix Service is operating at the current time. Most of Matrix Service's value examination focuses on studying past and present price action to predict the probability of Matrix Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matrix Service's price. Additionally, you may evaluate how the addition of Matrix Service to your portfolios can decrease your overall portfolio volatility.