Snap-on Interest Expense from 2010 to 2026

SPU Stock  EUR 325.60  0.40  0.12%   
Snap-on Incorporated's Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is predicted to flatten to about 37 M. 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
2016-12-31
Previous Quarter
12.4 M
Current Value
13.4 M
Quarterly Volatility
857.1 K
 
Covid
 
Interest Hikes
Check Snap-on Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Snap-on Incorporated's main balance sheet or income statement drivers, such as Interest Expense of 37 M, Selling General Administrative of 1.2 B or Total Revenue of 4.7 B, as well as many indicators such as . Snap-on financial statements analysis is a perfect complement when working with Snap-on Incorporated Valuation or Volatility modules.
  
This module can also supplement various Snap-on Incorporated Technical models . Check out the analysis of Snap-on Incorporated Correlation against competitors.
The Interest Expense trend for Snap on Incorporated offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Snap-on Incorporated is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Snap-on Incorporated's Interest Expense Growth Pattern

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

Snap-on Interest Expense Regression Statistics

Arithmetic Mean25,917,451
Geometric Mean0.00
Coefficient Of Variation98.11
Mean Deviation24,392,895
Median36,996,666
Standard Deviation25,427,852
Sample Variance646.6T
Range54M
R-Value0.83
Mean Square Error216.8T
R-Squared0.69
Significance0.00004
Slope4,169,788
Total Sum of Squares10345.2T

Snap-on Interest Expense History

202637 M
202550.5 M
202449.6 M
202349.9 M
202247.1 M
202153.1 M
202054 M

About Snap-on Incorporated Financial Statements

Snap-on Incorporated stakeholders use historical fundamental indicators, such as Snap-on Incorporated's Interest Expense, to determine how well the company is positioned to perform in the future. Although Snap-on Incorporated investors may analyze each financial statement separately, they are all interrelated. For example, changes in Snap-on Incorporated's assets and liabilities are reflected in the revenues and expenses on Snap-on Incorporated'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 Snap on Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense50.5 M37 M

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Other Information on Investing in Snap-on Stock

Snap-on Incorporated financial ratios help investors to determine whether Snap-on 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 Snap-on with respect to the benefits of owning Snap-on Incorporated security.