Mayville Engineering Company, Inc. Annual Interest Expense in USD from 2017 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Mayville Engineering Company, Inc. quarterly/annual Interest Expense history and growth rate from 2017 to 2023.
  • Mayville Engineering Company, Inc. Interest Expense for the quarter ending March 31, 2024 was $3.36M, a 102% increase year-over-year.
  • Mayville Engineering Company, Inc. Interest Expense for the twelve months ending March 31, 2024 was $12.8M, a 186% increase year-over-year.
  • Mayville Engineering Company, Inc. annual Interest Expense for 2023 was $11.1M, a 228% increase from 2022.
  • Mayville Engineering Company, Inc. annual Interest Expense for 2022 was $3.38M, a 68.7% increase from 2021.
  • Mayville Engineering Company, Inc. annual Interest Expense for 2021 was $2M, a 24.9% 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 $11.1M +$7.71M +228% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-06
2022 $3.38M +$1.38M +68.7% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-06
2021 $2M -$665K -24.9% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-06
2020 $2.67M -$4.06M -60.3% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-01
2019 $6.73M +$2.85M +73.4% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-02
2018 $3.88M -$301K -7.2% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-05
2017 $4.18M Jan 1, 2017 Dec 31, 2017 10-K 2020-03-02
* An asterisk sign (*) next to the value indicates that the value is likely invalid.