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Taxonomy & unit
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us-gaap: USD
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Description
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Amount of the cost of borrowed funds accounted for as interest expense.
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Summary
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Open Lending Corp quarterly/annual Interest Expense history and growth rate from 2018 to 2023.
- Open Lending Corp Interest Expense for the quarter ending March 31, 2024 was $2.77M, a 16% increase year-over-year.
- Open Lending Corp Interest Expense for the twelve months ending March 31, 2024 was $11M, a 48.9% increase year-over-year.
- Open Lending Corp annual Interest Expense for 2023 was $10.7M, a 82.8% increase from 2022.
- Open Lending Corp annual Interest Expense for 2022 was $5.83M, a 0.46% decline from 2021.
- Open Lending Corp annual Interest Expense for 2021 was $5.86M, a 49.5% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)