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Taxonomy & unit
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us-gaap: USD
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Description
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Amount of the cost of borrowed funds accounted for as interest expense.
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Summary
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Otter Tail Corp quarterly/annual Interest Expense history and growth rate from Q1 2023 to Q1 2024.
- Otter Tail Corp Interest Expense for the quarter ending March 31, 2024 was $9.85M, a 4.62% increase year-over-year.
- Otter Tail Corp annual Interest Expense for 2023 was $37.7M, a 4.61% increase from 2022.
- Otter Tail Corp annual Interest Expense for 2022 was $36M, a 4.65% decline from 2021.
- Otter Tail Corp annual Interest Expense for 2021 was $37.8M, a 9.65% increase from 2020.
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)