Interest Expense of Korth Direct Mortgage Inc. from 31 Dec 2020 to 31 Mar 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Korth Direct Mortgage Inc. quarterly and annual Interest Expense in USD history and change rate from 31 Dec 2020 to 31 Mar 2025.
  • Korth Direct Mortgage Inc. Interest Expense for the quarter ending 31 Mar 2025 was $484,932, a 30% decline year-over-year.
  • Korth Direct Mortgage Inc. annual Interest Expense for 2024 was $1,802,786, a 36% increase from 2023.
  • Korth Direct Mortgage Inc. annual Interest Expense for 2023 was $1,324,770, a 1.5% decline from 2022.
  • Korth Direct Mortgage Inc. annual Interest Expense for 2022 was $1,344,907, a 1024% increase from 2021.
Source SEC data
View on sec.gov
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Change (%)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Change (%)

Korth Direct Mortgage Inc. Quarterly Interest Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q1 2025 $484,932 -$209,136 -30% 01 Jan 2025 31 Mar 2025 10-Q 15 May 2025 2025 Q1
Q1 2024 $694,068 +$243,225 +54% 01 Jan 2024 31 Mar 2024 10-Q 15 May 2025 2025 Q1
Q1 2023 $450,843 +$445,987 +9184% 01 Jan 2023 31 Mar 2023 10-Q 20 May 2024 2024 Q1
Q1 2022 $4,856 -$5,588 -54% 01 Jan 2022 31 Mar 2022 10-Q 12 May 2023 2023 Q1
Q1 2021 $10,444 01 Jan 2021 31 Mar 2021 10-Q 13 May 2022 2022 Q3

Korth Direct Mortgage Inc. Annual Interest Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2024 $1,802,786 +$478,016 +36% 01 Jan 2024 31 Dec 2024 10-K 01 Apr 2025 2024 FY
2023 $1,324,770 -$20,137 -1.5% 01 Jan 2023 31 Dec 2023 10-K 01 Apr 2025 2024 FY
2022 $1,344,907 +$1,225,262 +1024% 01 Jan 2022 31 Dec 2022 10-K 27 Mar 2024 2023 FY
2021 $119,645 +$102,239 +587% 01 Jan 2021 31 Dec 2021 10-K 31 Mar 2023 2022 FY
2020 $17,406 01 Jan 2020 31 Dec 2020 10-K 31 Mar 2022 2021 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.