Interest Expense in USD of NORTECH SYSTEMS INC from Q2 2010 to Q1 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Nortech Systems Inc quarterly/annual Interest Expense history and change rate from Q2 2010 to Q1 2024.
  • Nortech Systems Inc Interest Expense for the quarter ending 31 Mar 2024 was $167K, a 51.8% increase year-over-year.
  • Nortech Systems Inc Interest Expense for the twelve months ending 31 Mar 2024 was $544K, a 28.6% increase year-over-year.
  • Nortech Systems Inc annual Interest Expense for 2023 was $487K, a 18.5% increase from 2022.
  • Nortech Systems Inc annual Interest Expense for 2022 was $411K, a 4.42% decline from 2021.
  • Nortech Systems Inc annual Interest Expense for 2021 was $430K, a 30.6% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Change (%)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Change (%)

NORTECH SYSTEMS INC Quarterly Interest Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $544K $167K +$57K +51.8% 01 Jan 2024 31 Mar 2024 10-Q 14 May 2024
Q4 2023 $487K $122K +$48K +64.9% 01 Oct 2023 31 Dec 2023 10-K 20 Mar 2024
Q3 2023 $439K $130K +$8K +6.56% 01 Jul 2023 30 Sep 2023 10-Q 14 Nov 2023
Q2 2023 $431K $125K +$8K +6.84% 01 Apr 2023 30 Jun 2023 10-Q 09 Aug 2023
Q1 2023 $423K $110K +$12K +12.2% 01 Jan 2023 31 Mar 2023 10-Q 14 May 2024
Q4 2022 $411K $74K -$42K -36.2% 01 Oct 2022 31 Dec 2022 10-K 20 Mar 2024
Q3 2022 $453K $122K +$10K +8.93% 01 Jul 2022 30 Sep 2022 10-Q 14 Nov 2023
Q2 2022 $443K $117K +$1K +0.86% 01 Apr 2022 30 Jun 2022 10-Q 09 Aug 2023
Q1 2022 $442K $98K +$12K +14% 01 Jan 2022 31 Mar 2022 10-Q 10 May 2023
Q4 2021 $430K $116K +$22K +23.4% 01 Oct 2021 31 Dec 2021 10-K 17 Mar 2023
Q3 2021 $408K $112K -$14K -11.1% 01 Jul 2021 30 Sep 2021 10-Q 09 Nov 2022
Q2 2021 $422K $116K -$60K -34.1% 01 Apr 2021 30 Jun 2021 10-Q 10 Aug 2022
Q1 2021 $482K $86K -$138K -61.6% 01 Jan 2021 31 Mar 2021 10-Q 10 May 2022
Q4 2020 $620K $94K -$169K -64.3% 01 Oct 2020 31 Dec 2020 10-K 17 Mar 2022
Q3 2020 $789K $126K -$130K -50.8% 01 Jul 2020 30 Sep 2020 10-Q 10 Nov 2021
Q2 2020 $919K $176K -$103K -36.9% 01 Apr 2020 30 Jun 2020 10-Q 12 Aug 2021
Q1 2020 $1.02M $224K -$21K -8.57% 01 Jan 2020 31 Mar 2020 10-Q 14 May 2021
Q4 2019 $1.04M $263K +$57K +27.7% 01 Oct 2019 31 Dec 2019 10-K 23 Mar 2021
Q3 2019 $986K $256K +$86K +50.6% 01 Jul 2019 30 Sep 2019 10-Q 12 Nov 2020
Q2 2019 $900K $279K +$70K +33.5% 01 Apr 2019 30 Jun 2019 10-Q 11 Aug 2020
Q1 2019 $830K $245K +$73K +42.4% 01 Jan 2019 31 Mar 2019 10-Q 13 May 2020
Q4 2018 $757K $206K +$32K +18.4% 01 Oct 2018 31 Dec 2018 10-K 19 Mar 2020
Q3 2018 $725K $170K -$2K -1.16% 01 Jul 2018 30 Sep 2018 10-Q 12 Nov 2019
Q2 2018 $727K $209K +$67K +47.2% 01 Apr 2018 30 Jun 2018 10-Q 14 Aug 2019
Q1 2018 $660K $172K +$32K +22.9% 01 Jan 2018 31 Mar 2018 10-Q 15 May 2019
Q4 2017 $628K $174K +$34.4K +24.7% 01 Oct 2017 31 Dec 2017 10-K 01 Apr 2019
Q3 2017 $594K $172K +$32.5K +23.3% 01 Jul 2017 30 Sep 2017 10-Q 14 Nov 2018
Q2 2017 $561K $142K +$2.75K +1.98% 01 Apr 2017 30 Jun 2017 10-Q 14 Aug 2018
Q1 2017 $558K $140K +$7.98K +6.04% 01 Jan 2017 31 Mar 2017 10-Q 11 May 2018
Q4 2016 $550K $140K +$15.3K +12.3% 01 Oct 2016 31 Dec 2016 10-K 27 Mar 2018
Q3 2016 $535K $139K +$5.5K +4.1% 01 Jul 2016 30 Sep 2016 10-Q 08 Nov 2017
Q2 2016 $529K $139K +$27.2K +24.3% 01 Apr 2016 30 Jun 2016 10-Q 09 Aug 2017
Q1 2016 $502K $132K +$36.8K +38.7% 01 Jan 2016 31 Mar 2016 10-Q 11 May 2017
Q4 2015 $465K $124K +$28.3K +29.5% 01 Oct 2015 31 Dec 2015 10-K 08 Mar 2017
Q3 2015 $437K $134K +$44.4K +49.5% 01 Jul 2015 30 Sep 2015 10-Q 02 Nov 2016
Q2 2015 $393K $112K +$19.9K +21.6% 01 Apr 2015 30 Jun 2015 10-Q 03 Aug 2016
Q1 2015 $373K $95.2K +$5.21K +5.79% 01 Jan 2015 31 Mar 2015 10-Q 04 May 2016
Q4 2014 $368K $95.9K +$10.1K +11.8% 01 Oct 2014 31 Dec 2014 10-K 22 Mar 2016
Q3 2014 $357K $89.6K -$14.4K -13.8% 01 Jul 2014 30 Sep 2014 10-Q 05 Nov 2015
Q2 2014 $372K $92.1K -$13.4K -12.7% 01 Apr 2014 30 Jun 2014 10-Q 05 Aug 2015
Q1 2014 $385K $90K -$3.55K -3.79% 01 Jan 2014 31 Mar 2014 10-Q 06 May 2015
Q4 2013 $389K $85.8K -$5.3K -5.82% 01 Oct 2013 31 Dec 2013 10-K 11 Mar 2015
Q3 2013 $394K $104K -$8.02K -7.16% 01 Jul 2013 30 Sep 2013 10-Q 05 Nov 2014
Q2 2013 $402K $105K +$5.19K +5.18% 01 Apr 2013 30 Jun 2013 10-Q 06 Aug 2014
Q1 2013 $397K $93.5K -$43.3K -31.6% 01 Jan 2013 31 Mar 2013 10-Q 07 May 2014
Q4 2012 $440K $91.1K -$28K -23.5% 01 Oct 2012 31 Dec 2012 10-K 07 Mar 2014
Q3 2012 $468K $112K -$18.2K -13.9% 01 Jul 2012 30 Sep 2012 10-Q 14 Nov 2013
Q2 2012 $486K $100K -$41.8K -29.4% 01 Apr 2012 30 Jun 2012 10-Q 09 Aug 2013
Q1 2012 $528K $137K +$16.8K +14% 01 Jan 2012 31 Mar 2012 10-Q 10 May 2013
Q4 2011 $511K $119K 01 Oct 2011 31 Dec 2011 10-K 08 Mar 2013
Q3 2011 $130K +$30.7K +30.9% 01 Jul 2011 30 Sep 2011 10-Q 14 Nov 2012
Q2 2011 $142K +$41.6K +41.4% 01 Apr 2011 30 Jun 2011 10-Q 10 Aug 2012
Q1 2011 $120K 01 Jan 2011 31 Mar 2011 10-Q 11 May 2012
Q3 2010 $99.4K 01 Jul 2010 30 Sep 2010 10-Q 04 Nov 2011
Q2 2010 $101K 01 Apr 2010 30 Jun 2010 10-Q 12 Aug 2011

NORTECH SYSTEMS INC Annual Interest Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $487K +$76K +18.5% 01 Jan 2023 31 Dec 2023 10-K 20 Mar 2024
2022 $411K -$19K -4.42% 01 Jan 2022 31 Dec 2022 10-K 20 Mar 2024
2021 $430K -$190K -30.6% 01 Jan 2021 31 Dec 2021 10-K 17 Mar 2023
2020 $620K -$423K -40.6% 01 Jan 2020 31 Dec 2020 10-K 17 Mar 2022
2019 $1.04M +$286K +37.8% 01 Jan 2019 31 Dec 2019 10-K 23 Mar 2021
2018 $757K +$129K +20.5% 01 Jan 2018 31 Dec 2018 10-K 19 Mar 2020
2017 $628K +$77.7K +14.1% 01 Jan 2017 31 Dec 2017 10-K 01 Apr 2019
2016 $550K +$84.9K +18.2% 01 Jan 2016 31 Dec 2016 10-K 27 Mar 2018
2015 $465K +$97.8K +26.6% 01 Jan 2015 31 Dec 2015 10-K 08 Mar 2017
2014 $368K -$21.2K -5.45% 01 Jan 2014 31 Dec 2014 10-K 22 Mar 2016
2013 $389K -$51.4K -11.7% 01 Jan 2013 31 Dec 2013 10-K 11 Mar 2015
2012 $440K -$71.2K -13.9% 01 Jan 2012 31 Dec 2012 10-K 07 Mar 2014
2011 $511K +$82.2K +19.2% 01 Jan 2011 31 Dec 2011 10-K 08 Mar 2013
2010 $429K 01 Jan 2010 31 Dec 2010 10-K 09 Mar 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.