WYTEC INTERNATIONAL INC Annual Interest Expense in USD from 2016 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Wytec International Inc quarterly/annual Interest Expense history and growth rate from 2016 to 2023.
  • Wytec International Inc Interest Expense for the quarter ending June 30, 2024 was $16.9K, a 71.2% decline year-over-year.
  • Wytec International Inc Interest Expense for the twelve months ending June 30, 2024 was $169K, a 20.9% decline year-over-year.
  • Wytec International Inc annual Interest Expense for 2023 was $237K, a 35.4% increase from 2022.
  • Wytec International Inc annual Interest Expense for 2022 was $175K, a 85.4% increase from 2021.
  • Wytec International Inc annual Interest Expense for 2021 was $94.4K, a 0.03% 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 $237K +$62K +35.4% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-29
2022 $175K +$80.6K +85.4% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-29
2021 $94.4K -$24 -0.03% Jan 1, 2021 Dec 31, 2021 10-K 2023-08-10
2020 $94.4K +$94.3K Jan 1, 2020 Dec 31, 2020 10-K 2022-04-06
2019 $38.00* +$38.00 Jan 1, 2019 Dec 31, 2019 10-K 2021-06-25
2018 $0 $0 Jan 1, 2018 Dec 31, 2018 10-K 2020-06-30
2017 $0 -$11.5K -100% Jan 1, 2017 Dec 31, 2017 10-K 2018-04-02
2016 $11.5K Jan 1, 2016 Dec 31, 2016 10-K 2018-04-02
* An asterisk sign (*) next to the value indicates that the value is likely invalid.