Korth Direct Mortgage Inc. Quarterly Interest Expense in USD from Q1 2021 to Q1 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Korth Direct Mortgage Inc. quarterly/annual Interest Expense history and growth rate from Q1 2021 to Q1 2024.
  • Korth Direct Mortgage Inc. Interest Expense for the quarter ending March 31, 2024 was $694K, a 53.9% increase year-over-year.
  • Korth Direct Mortgage Inc. annual Interest Expense for 2023 was $1.32M, a 1.5% decline from 2022.
  • Korth Direct Mortgage Inc. annual Interest Expense for 2022 was $1.34M, a 1024% increase from 2021.
  • Korth Direct Mortgage Inc. annual Interest Expense for 2021 was $120K, a 587% increase from 2020.
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $694K +$243K +53.9% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-20
Q1 2023 $451K +$446K +9184% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-20
Q1 2022 $4.86K -$5.59K -53.5% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-12
Q1 2021 $10.4K Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-13
* An asterisk sign (*) next to the value indicates that the value is likely invalid.