Altair Engineering Inc. Annual Interest Expense in USD from 2015 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Altair Engineering Inc. quarterly/annual Interest Expense history and growth rate from 2015 to 2023.
  • Altair Engineering Inc. Interest Expense for the quarter ending June 30, 2024 was $1.6M, a 4.97% increase year-over-year.
  • Altair Engineering Inc. Interest Expense for the twelve months ending June 30, 2024 was $6.24M, a 1.56% increase year-over-year.
  • Altair Engineering Inc. annual Interest Expense for 2023 was $6.12M, a 39.7% increase from 2022.
  • Altair Engineering Inc. annual Interest Expense for 2022 was $4.38M, a 63.7% decline from 2021.
  • Altair Engineering Inc. annual Interest Expense for 2021 was $12.1M, a 4.03% 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 $6.12M +$1.74M +39.7% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-22
2022 $4.38M -$7.69M -63.7% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-22
2021 $12.1M +$467K +4.03% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-22
2020 $11.6M +$5.23M +82% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-24
2019 $6.37M +$6.17M +3086% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-28
2018 $200K -$1.96M -90.7% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-26
2017 $2.16M -$105K -4.64% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-02
2016 $2.27M -$151K -6.25% Jan 1, 2016 Dec 31, 2016 10-K 2019-03-01
2015 $2.42M Jan 1, 2015 Dec 31, 2015 10-K 2018-03-21
* An asterisk sign (*) next to the value indicates that the value is likely invalid.