FORMATION MINERALS, INC. Annual Interest Expense in USD from 2020 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Formation Minerals, Inc. annual/quarterly Interest Expense history and growth rate from 2020 to 2023.
  • Formation Minerals, Inc. Interest Expense for the quarter ending October 31, 2023 was $1.97K, a 1.35% decline year-over-year.
  • Formation Minerals, Inc. Interest Expense for the twelve months ending October 31, 2023 was $8.15K.
  • Formation Minerals, Inc. annual Interest Expense for 2023 was $4.01K, a 51.5% decline from 2022.
  • Formation Minerals, Inc. annual Interest Expense for 2022 was $8.27K, a 18.7% decline from 2021.
  • Formation Minerals, Inc. annual Interest Expense for 2021 was $10.2K, a 58.7% 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 $4.01K -$4.26K -51.5% May 1, 2023 Apr 30, 2024 10-K 2024-08-13
2022 $8.27K -$1.91K -18.7% May 1, 2022 Apr 30, 2023 10-K 2024-08-13
2021 $10.2K -$14.5K -58.7% May 1, 2021 Apr 30, 2022 10-K 2023-08-14
2020 $24.7K May 1, 2020 Apr 30, 2021 10-K 2022-08-12
* An asterisk sign (*) next to the value indicates that the value is likely invalid.