AvidXchange Holdings, Inc. Annual Interest Expense in USD from 2019 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
AvidXchange Holdings, Inc. quarterly/annual Interest Expense history and growth rate from 2019 to 2023.
  • AvidXchange Holdings, Inc. Interest Expense for the quarter ending June 30, 2024 was $3.32M, a 1.19% decline year-over-year.
  • AvidXchange Holdings, Inc. Interest Expense for the twelve months ending June 30, 2024 was $13.5M, a 22.3% decline year-over-year.
  • AvidXchange Holdings, Inc. annual Interest Expense for 2023 was $13.5M, a 34.8% decline from 2022.
  • AvidXchange Holdings, Inc. annual Interest Expense for 2022 was $20.7M, a 3.19% increase from 2021.
  • AvidXchange Holdings, Inc. annual Interest Expense for 2021 was $20.1M, a 0.14% increase 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 $13.5M -$7.23M -34.8% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-29
2022 $20.7M +$641K +3.19% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-29
2021 $20.1M +$28K +0.14% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-29
2020 $20.1M +$2.82M +16.3% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-01
2019 $17.3M Jan 1, 2019 Dec 31, 2019 10-K 2022-03-14
* An asterisk sign (*) next to the value indicates that the value is likely invalid.