CPI AEROSTRUCTURES INC Annual Interest Expense in USD from 2010 to 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Cpi Aerostructures Inc quarterly/annual Interest Expense history and growth rate from 2010 to 2024.
  • Cpi Aerostructures Inc Interest Expense for the quarter ending December 31, 2024 was $495K, a 22.5% decline year-over-year.
  • Cpi Aerostructures Inc Interest Expense for the twelve months ending December 31, 2024 was $2.29M, a 6.78% decline year-over-year.
  • Cpi Aerostructures Inc annual Interest Expense for 2024 was $2.29M, a 6.78% decline from 2023.
  • Cpi Aerostructures Inc annual Interest Expense for 2023 was $2.46M, a 8.11% increase from 2022.
  • Cpi Aerostructures Inc annual Interest Expense for 2022 was $2.27M, a 99% increase from 2021.
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
2024 $2.29M -$166K -6.78% Jan 1, 2024 Dec 31, 2024 10-K 2025-03-31
2023 $2.46M +$184K +8.11% Jan 1, 2023 Dec 31, 2023 10-K 2025-03-31
2022 $2.27M +$1.13M +99% Jan 1, 2022 Dec 31, 2022 10-K 2024-04-08
2021 $1.14M -$281K -19.7% Jan 1, 2021 Dec 31, 2021 10-K 2023-04-14
2020 $1.42M -$683K -32.4% Jan 1, 2020 Dec 31, 2020 10-K 2022-08-19
2019 $2.1M +$115K +5.8% Jan 1, 2019 Dec 31, 2019 10-K 2022-08-19
2018 $1.99M +$291K +17.1% Jan 1, 2018 Dec 31, 2018 10-K 2020-08-25
2017 $1.7M +$342K +25.2% Jan 1, 2017 Dec 31, 2017 10-K 2019-04-01
2016 $1.36M +$439K +47.8% Jan 1, 2016 Dec 31, 2016 10-K 2018-03-22
2015 $918K +$124K +15.6% Jan 1, 2015 Dec 31, 2015 10-K 2018-03-22
2014 $794K +$141K +21.5% Jan 1, 2014 Dec 31, 2014 10-K 2017-03-08
2013 $654K +$237K +57% Jan 1, 2013 Dec 31, 2013 10-K 2016-03-28
2012 $416K +$72.9K +21.2% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-06
2011 $343K +$185K +117% Jan 1, 2011 Dec 31, 2011 10-K 2014-03-11
2010 $158K Jan 1, 2010 Dec 31, 2010 10-K 2013-03-13
* An asterisk sign (*) next to the value indicates that the value is likely invalid.