Steelcase Interest Expense from 2010 to 2024

SCS Stock  USD 13.04  0.03  0.23%   
Steelcase Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense will likely drop to about 19.3 M 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
1999-05-31
Previous Quarter
6.2 M
Current Value
6.4 M
Quarterly Volatility
4.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Steelcase financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steelcase's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.7 M, Interest Expense of 19.3 M or Total Revenue of 3.3 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.16 or PTB Ratio of 2.23. Steelcase financial statements analysis is a perfect complement when working with Steelcase Valuation or Volatility modules.
  
Check out the analysis of Steelcase Correlation against competitors.
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Latest Steelcase's Interest Expense Growth Pattern

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

Steelcase Interest Expense Regression Statistics

Arithmetic Mean20,934,976
Geometric Mean0.00
Coefficient Of Variation39.84
Mean Deviation6,145,352
Median17,800,000
Standard Deviation8,341,006
Sample Variance69.6T
Range37.5M
R-Value0.64
Mean Square Error43.8T
R-Squared0.42
Significance0.01
Slope1,202,759
Total Sum of Squares974T

Steelcase Interest Expense History

202419.3 M
202325.9 M
202228.4 M
202125.7 M
201927.1 M
201837.5 M
201717.5 M

About Steelcase Financial Statements

Steelcase shareholders use historical fundamental indicators, such as Interest Expense, to determine how well the company is positioned to perform in the future. Although Steelcase investors may analyze each financial statement separately, they are all interrelated. The changes in Steelcase's assets and liabilities, for example, are also reflected in the revenues and expenses on on Steelcase's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Expense25.9 M19.3 M

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Additional Tools for Steelcase Stock Analysis

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