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Taxonomy & unit
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us-gaap: USD
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Description
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Amount of the cost of borrowed funds accounted for as interest expense.
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Summary
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Educational Development Corp quarterly/annual Interest Expense history and growth rate from 2014 to 2023.
- Educational Development Corp Interest Expense for the quarter ending May 31, 2024 was $577K, a 21.4% decline year-over-year.
- Educational Development Corp Interest Expense for the twelve months ending May 31, 2024 was $2.6M, a 3.36% increase year-over-year.
- Educational Development Corp annual Interest Expense for 2023 was $2.76M, a 27% increase from 2022.
- Educational Development Corp annual Interest Expense for 2022 was $2.17M, a 137% increase from 2021.
- Educational Development Corp annual Interest Expense for 2021 was $916K, a 63.4% increase from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)