THRACE Interest Expense from 2010 to 2026

TP3 Stock  EUR 4.04  0.00  0.00%   
THRACE PLASTICS's Interest Expense is increasing over the years with slightly volatile fluctuation. Interest Expense is expected to dwindle to about 2.7 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
2019-03-31
Previous Quarter
770 K
Current Value
1.3 M
Quarterly Volatility
297.5 K
 
Covid
 
Interest Hikes
Check THRACE PLASTICS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among THRACE PLASTICS's main balance sheet or income statement drivers, such as Tax Provision of 3 M, Interest Income of 1.1 M or Interest Expense of 2.7 M, as well as many indicators such as . THRACE financial statements analysis is a perfect complement when working with THRACE PLASTICS Valuation or Volatility modules.
  
This module can also supplement various THRACE PLASTICS Technical models . Check out the analysis of THRACE PLASTICS Correlation against competitors.
Analyzing THRACE PLASTICS's Interest Expense over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Interest Expense has evolved provides context for assessing THRACE PLASTICS's current valuation and future prospects.

Latest THRACE PLASTICS's Interest Expense Growth Pattern

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

THRACE Interest Expense Regression Statistics

Arithmetic Mean1,724,600
Geometric Mean0.00
Coefficient Of Variation103.72
Mean Deviation1,623,153
Median1,937,000
Standard Deviation1,788,686
Sample Variance3.2T
Range4.4M
R-Value0.78
Mean Square Error1.3T
R-Squared0.61
Significance0.0002
Slope276,766
Total Sum of Squares51.2T

THRACE Interest Expense History

20262.7 M
20254.1 M
20243.6 M
20233.2 M
20221.9 M
2021M
20203.2 M

About THRACE PLASTICS Financial Statements

THRACE PLASTICS stakeholders use historical fundamental indicators, such as THRACE PLASTICS's Interest Expense, to determine how well the company is positioned to perform in the future. Although THRACE PLASTICS investors may analyze each financial statement separately, they are all interrelated. For example, changes in THRACE PLASTICS's assets and liabilities are reflected in the revenues and expenses on THRACE PLASTICS'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 THRACE PLASTICS. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense4.1 M2.7 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in THRACE Stock

THRACE PLASTICS financial ratios help investors to determine whether THRACE 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 THRACE with respect to the benefits of owning THRACE PLASTICS security.