Prominence Interest Expense from 2010 to 2026

RSX Stock  EUR 0.0005  0.01  92.31%   
Prominence Energy's Interest Expense is increasing over the last several years with stable swings. Interest Expense is predicted to flatten to 1,208. 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
2010-12-31
Previous Quarter
1.3 K
Current Value
1.2 K
Quarterly Volatility
48.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Prominence Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prominence Energy's main balance sheet or income statement drivers, such as Interest Expense of 1.2 K, Selling General Administrative of 1.1 M or Total Revenue of 0.0, as well as many indicators such as . Prominence financial statements analysis is a perfect complement when working with Prominence Energy Valuation or Volatility modules.
  
This module can also supplement various Prominence Energy Technical models . Check out the analysis of Prominence Energy Correlation against competitors.
The Interest Expense trend for Prominence Energy Limited offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Prominence Energy is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Prominence Energy's Interest Expense Growth Pattern

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

Prominence Interest Expense Regression Statistics

Arithmetic Mean20,618
Geometric Mean0.00
Coefficient Of Variation236.01
Mean Deviation33,406
Median0.00
Standard Deviation48,660
Sample Variance2.4B
Range161.9K
R-Value0.16
Mean Square Error2.5B
R-Squared0.03
Significance0.53
Slope1,569
Total Sum of Squares37.9B

Prominence Interest Expense History

2026 1208.3
2025 1271.9
2023 1106.0
2022 11.0
2021161.9 K
2019123.4 K
201860.5 K

About Prominence Energy Financial Statements

Prominence Energy stakeholders use historical fundamental indicators, such as Prominence Energy's Interest Expense, to determine how well the company is positioned to perform in the future. Although Prominence Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Prominence Energy's assets and liabilities are reflected in the revenues and expenses on Prominence Energy'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 Prominence Energy Limited. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense1.3 K1.2 K

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Other Information on Investing in Prominence Stock

Prominence Energy financial ratios help investors to determine whether Prominence Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prominence with respect to the benefits of owning Prominence Energy security.