SHYFT GROUP, INC. Annual Interest Expense in USD from 2019 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Shyft Group, Inc. quarterly/annual Interest Expense history and growth rate from 2019 to 2023.
  • Shyft Group, Inc. Interest Expense for the quarter ending March 31, 2024 was $2.05M, a 24.6% increase year-over-year.
  • Shyft Group, Inc. Interest Expense for the twelve months ending March 31, 2024 was $6.93M, a 60.2% increase year-over-year.
  • Shyft Group, Inc. annual Interest Expense for 2023 was $6.53M, a 130% increase from 2022.
  • Shyft Group, Inc. annual Interest Expense for 2022 was $2.83M, a 584% increase from 2021.
  • Shyft Group, Inc. annual Interest Expense for 2021 was $414K, a 68% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $6.53M +$3.69M +130% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-22
2022 $2.83M +$2.42M +584% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-22
2021 $414K -$879K -68% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-22
2020 $1.29M -$546K -29.7% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-23
2019 $1.84M Jan 1, 2019 Dec 31, 2019 10-K 2022-02-24
* An asterisk sign (*) next to the value indicates that the value is likely invalid.