Optical Interest Expense from 2010 to 2026

OCC Stock  EUR 4.32  0.26  6.40%   
Optical Cable's Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is predicted to flatten to about 594.2 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
2017-01-31
Previous Quarter
260 K
Current Value
232.7 K
Quarterly Volatility
64.9 K
 
Covid
 
Interest Hikes
Check Optical Cable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Optical Cable's main balance sheet or income statement drivers, such as Interest Expense of 594.2 K, Selling General Administrative of 17.8 M or Total Revenue of 56 M, as well as many indicators such as . Optical financial statements analysis is a perfect complement when working with Optical Cable Valuation or Volatility modules.
  
This module can also supplement various Optical Cable Technical models . Check out the analysis of Optical Cable Correlation against competitors.
For more detail on how to invest in Optical Stock please use our How to Invest in Optical Cable guide.
The Interest Expense trend for Optical Cable offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Optical Cable is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Optical Cable's Interest Expense Growth Pattern

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

Optical Interest Expense Regression Statistics

Arithmetic Mean484,264
Geometric Mean0.00
Coefficient Of Variation95.69
Mean Deviation398,806
Median569,812
Standard Deviation463,395
Sample Variance214.7B
Range1.2M
R-Value0.88
Mean Square Error51.5B
R-Squared0.78
Slope80,802
Total Sum of Squares3.4T

Optical Interest Expense History

2026594.2 K
20251.2 M
2024M
20231.2 M
20221.2 M
2021768 K
2020690.4 K

About Optical Cable Financial Statements

Optical Cable stakeholders use historical fundamental indicators, such as Optical Cable's Interest Expense, to determine how well the company is positioned to perform in the future. Although Optical Cable investors may analyze each financial statement separately, they are all interrelated. For example, changes in Optical Cable's assets and liabilities are reflected in the revenues and expenses on Optical Cable's 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 Optical Cable. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense1.2 M594.2 K

Currently Active Assets on Macroaxis

When determining whether Optical Cable offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Optical Cable's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Optical Cable Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Optical Cable Stock:
Check out the analysis of Optical Cable Correlation against competitors.
For more detail on how to invest in Optical Stock please use our How to Invest in Optical Cable guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
It's important to distinguish between Optical Cable's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Optical Cable should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Optical Cable's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.