Sleep Interest Expense from 2010 to 2026

SL2 Stock  EUR 7.55  0.70  10.22%   
Sleep Number's Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is estimated to finish at about 58.4 M this year. 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
2018-06-30
Previous Quarter
11.7 M
Current Value
12.7 M
Quarterly Volatility
4.6 M
 
Covid
 
Interest Hikes
Check Sleep Number financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sleep Number's main balance sheet or income statement drivers, such as Interest Expense of 58.4 M, Selling General Administrative of 970.4 M or Total Revenue of 1.9 B, as well as many indicators such as . Sleep financial statements analysis is a perfect complement when working with Sleep Number Valuation or Volatility modules.
  
This module can also supplement various Sleep Number Technical models . Check out the analysis of Sleep Number Correlation against competitors.
The Interest Expense trend for Sleep Number Corp offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Sleep Number is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Sleep Number's Interest Expense Growth Pattern

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

Sleep Interest Expense Regression Statistics

Arithmetic Mean15,102,739
Geometric Mean0.00
Coefficient Of Variation142.76
Mean Deviation17,477,867
Median5,911,000
Standard Deviation21,561,133
Sample Variance464.9T
Range58.4M
R-Value0.85
Mean Square Error135.8T
R-Squared0.73
Significance0.000014
Slope3,638,221
Total Sum of Squares7438.1T

Sleep Interest Expense History

202658.4 M
202555.6 M
202448.4 M
202342.7 M
202219 M
20216.2 M
20208.9 M

About Sleep Number Financial Statements

Sleep Number stakeholders use historical fundamental indicators, such as Sleep Number's Interest Expense, to determine how well the company is positioned to perform in the future. Although Sleep Number investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sleep Number's assets and liabilities are reflected in the revenues and expenses on Sleep Number'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 Sleep Number Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense55.6 M58.4 M

Currently Active Assets on Macroaxis

When determining whether Sleep Number Corp is a strong investment it is important to analyze Sleep Number's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sleep Number's future performance. For an informed investment choice regarding Sleep Stock, refer to the following important reports:
Check out the analysis of Sleep Number Correlation against competitors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Please note, there is a significant difference between Sleep Number's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sleep Number is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Sleep Number's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.