Shoals Technologies Group, Inc. Annual Interest Expense in USD from 2019 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Shoals Technologies Group, Inc. quarterly/annual Interest Expense history and growth rate from 2019 to 2023.
  • Shoals Technologies Group, Inc. Interest Expense for the quarter ending March 31, 2024 was $4.36M, a 27.3% decline year-over-year.
  • Shoals Technologies Group, Inc. Interest Expense for the twelve months ending March 31, 2024 was $22.5M, a 8.54% increase year-over-year.
  • Shoals Technologies Group, Inc. annual Interest Expense for 2023 was $24.1M, a 30% increase from 2022.
  • Shoals Technologies Group, Inc. annual Interest Expense for 2022 was $18.5M, a 27.4% increase from 2021.
  • Shoals Technologies Group, Inc. annual Interest Expense for 2021 was $14.5M, a 315% 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 $24.1M +$5.56M +30% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-28
2022 $18.5M +$3.99M +27.4% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-28
2021 $14.5M +$11M +315% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-28
2020 $3.51M +$1.72M +96.4% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-28
2019 $1.79M Jan 1, 2019 Dec 31, 2019 10-K 2022-03-11
* An asterisk sign (*) next to the value indicates that the value is likely invalid.