Interest Expense in USD of AIR T INC from Q2 2010 to 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Air T Inc quarterly/annual Interest Expense history and growth rate from Q2 2010 to 2024.
  • Air T Inc Interest Expense for the quarter ending March 31, 2024 was $1.73M, a 9.72% decline year-over-year.
  • Air T Inc Interest Expense for the twelve months ending March 31, 2024 was $6.92M, a 12.8% decline year-over-year.
  • Air T Inc annual Interest Expense for 2024 was $8.39M, a 21.3% increase from 2023.
  • Air T Inc annual Interest Expense for 2023 was $6.92M, a 12.8% decline from 2022.
  • Air T Inc annual Interest Expense for 2022 was $7.94M, a 60.4% increase from 2021.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)

AIR T INC Quarterly Interest Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $6.92M $1.73M -$186K -9.72% Jan 1, 2024 Mar 31, 2024 10-K/A 2025-08-12
Q4 2023 $7.1M $1.53M -$676K -30.7% Oct 1, 2023 Dec 31, 2023 10-Q 2024-02-12
Q3 2023 $7.78M $1.85M -$143K -7.16% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-14
Q2 2023 $7.92M $1.81M -$14K -0.77% Apr 1, 2023 Jun 30, 2023 10-Q 2023-08-11
Q1 2023 $7.94M $1.91M +$307K +19.1% Jan 1, 2023 Mar 31, 2023 10-K 2024-06-26
Q4 2022 $7.63M $2.2M +$968K +78.3% Oct 1, 2022 Dec 31, 2022 10-Q 2024-02-12
Q3 2022 $6.66M $2M +$829K +71% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-14
Q2 2022 $5.83M $1.82M +$883K +94% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-11
Q1 2022 $4.95M $1.61M +$396K +32.7% Jan 1, 2022 Mar 31, 2022 10-K/A 2023-06-28
Q4 2021 $4.55M $1.24M +$64K +5.46% Oct 1, 2021 Dec 31, 2021 10-Q 2023-02-10
Q3 2021 $4.49M $1.17M +$86K +7.96% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-10
Q2 2021 $4.4M $939K -$222K -19.1% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-12
Q1 2021 $4.62M $1.21M +$816K +207% Jan 1, 2021 Mar 31, 2021 10-K 2022-06-28
Q4 2020 $3.81M $1.17M -$55K -4.48% Oct 1, 2020 Dec 31, 2020 10-Q 2022-02-14
Q3 2020 $3.86M $1.08M -$966K -47.2% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-12
Q2 2020 $4.83M $1.16M +$137K +13.4% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-12
Q1 2020 $4.69M $394K -$426K -51.9% Jan 1, 2020 Mar 31, 2020 10-K 2021-06-25
Q4 2019 $5.12M $1.23M +$41K +3.46% Oct 1, 2019 Dec 31, 2019 10-Q/A 2021-02-12
Q3 2019 $5.08M $2.05M +$1.33M +187% Jul 1, 2019 Sep 30, 2019 10-Q 2020-11-12
Q2 2019 $3.74M $1.02M +$317K +44.8% Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-14
Q1 2019 $3.43M $820K Jan 1, 2019 Mar 31, 2019 10-K 2020-06-26
Q4 2018 $1.19M +$648K +120% Oct 1, 2018 Dec 31, 2018 10-Q 2020-02-13
Q3 2018 $714K +$392K +122% Jul 1, 2018 Sep 30, 2018 10-Q 2019-11-13
Q2 2018 $707K Apr 1, 2018 Jun 30, 2018 10-Q 2019-08-14
Q4 2017 $538K Oct 1, 2017 Dec 31, 2017 10-Q 2019-02-14
Q3 2017 $322K +$245K +316% Jul 1, 2017 Sep 30, 2017 10-Q 2018-11-14
Q3 2016 $77.4K +$67.7K +698% Jul 1, 2016 Sep 30, 2016 10-Q 2016-11-14
Q2 2016 $64K Apr 1, 2016 Jun 30, 2016 10-Q 2016-08-15
Q3 2015 $9.69K Jul 1, 2015 Sep 30, 2015 10-Q 2016-11-14
Q3 2012 $981K $965K +$964K Jul 1, 2012 Sep 30, 2012 10-Q 2012-11-02
Q2 2012 $17.6K $6.22K +$6K Apr 1, 2012 Jun 30, 2012 10-Q 2013-08-07
Q1 2012 $11.6K -$982K Jan 1, 2012 Mar 31, 2012 10-K 2012-06-05
Q4 2011 $992K +$991K Oct 1, 2011 Dec 31, 2011 10-Q 2012-02-03
Q3 2011 $1.44K* -$1.07M Jul 1, 2011 Sep 30, 2011 10-Q 2012-11-02
Q2 2011 $227* -$61 Apr 1, 2011 Jun 30, 2011 10-Q 2012-08-07
Q4 2010 $728* Oct 1, 2010 Dec 31, 2010 10-Q 2012-02-03
Q3 2010 $1.07M Jul 1, 2010 Sep 30, 2010 10-Q 2011-11-02
Q2 2010 $288* Apr 1, 2010 Jun 30, 2010 10-Q 2011-08-10

AIR T INC Annual Interest Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $8.39M +$1.47M +21.3% Apr 1, 2024 Mar 31, 2025 10-K/A 2025-08-12
2023 $6.92M -$1.02M -12.8% Apr 1, 2023 Mar 31, 2024 10-K/A 2025-08-12
2022 $7.94M +$2.99M +60.4% Apr 1, 2022 Mar 31, 2023 10-K 2024-06-26
2021 $4.95M +$324K +7.01% Apr 1, 2021 Mar 31, 2022 10-K/A 2023-06-28
2020 $4.62M -$68K -1.45% Apr 1, 2020 Mar 31, 2021 10-K 2022-06-28
2019 $4.69M +$1.27M +36.9% Apr 1, 2019 Mar 31, 2020 10-K 2021-06-25
2018 $3.43M +$1.7M +98.7% Apr 1, 2018 Mar 31, 2019 10-K 2020-06-26
2017 $1.72M Apr 1, 2017 Mar 31, 2018 10-K 2019-06-28
2015 $80.7K Apr 1, 2015 Mar 31, 2016 10-K 2016-06-29
2011 $11.6K +$10.2K Apr 1, 2011 Mar 31, 2012 10-K 2012-06-05
2010 $1.4K* Apr 1, 2010 Mar 31, 2011 10-K 2012-06-05
* An asterisk sign (*) next to the value indicates that the value is likely invalid.