Array Technologies, Inc. Annual Interest Expense in USD from 2018 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Array Technologies, Inc. quarterly/annual Interest Expense history and growth rate from 2018 to 2023.
  • Array Technologies, Inc. Interest Expense for the quarter ending March 31, 2024 was $8.94M, a 16.7% decline year-over-year.
  • Array Technologies, Inc. Interest Expense for the twelve months ending March 31, 2024 was $42.4M, a 4.83% increase year-over-year.
  • Array Technologies, Inc. annual Interest Expense for 2023 was $44.2M, a 20.5% increase from 2022.
  • Array Technologies, Inc. annual Interest Expense for 2022 was $36.7M, a 2.83% increase from 2021.
  • Array Technologies, Inc. annual Interest Expense for 2021 was $35.7M, a 136% 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 $44.2M +$7.54M +20.5% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-28
2022 $36.7M +$1.01M +2.83% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-28
2021 $35.7M +$20.6M +136% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-28
2020 $15.1M -$3.67M -19.5% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-22
2019 $18.8M -$246K -1.29% Jan 1, 2019 Dec 31, 2019 10-K 2022-04-06
2018 $19M Jan 1, 2018 Dec 31, 2018 10-K 2021-03-10
* An asterisk sign (*) next to the value indicates that the value is likely invalid.