Interest Expense in USD of FORMATION MINERALS, INC. from Q4 2020 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
FORMATION MINERALS, INC. quarterly/annual Interest Expense history and change rate from Q4 2020 to 2023.
  • FORMATION MINERALS, INC. Interest Expense for the quarter ending 31 Oct 2023 was $1.97K, a 1.35% decline year-over-year.
  • FORMATION MINERALS, INC. Interest Expense for the twelve months ending 31 Oct 2023 was $8.15K.
  • FORMATION MINERALS, INC. annual Interest Expense for 2023 was $4.01K, a 51.5% decline from 2022.
  • FORMATION MINERALS, INC. annual Interest Expense for 2022 was $8.27K, a 18.7% decline from 2021.
  • FORMATION MINERALS, INC. annual Interest Expense for 2021 was $10.2K, a 58.7% 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 (%)

FORMATION MINERALS, INC. Quarterly Interest Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2023 $8.15K $1.97K -$27 -1.35% 01 Aug 2023 31 Oct 2023 10-Q 18 Dec 2023
Q2 2023 $8.18K $2.04K -$96 -4.49% 01 May 2023 31 Jul 2023 10-Q 14 Sep 2023
Q1 2023 $8.27K $2.08K +$33.8K 01 Feb 2023 30 Apr 2023 10-K 13 Aug 2024
Q4 2022 -$25.5K $2.06K -$13.2K -86.5% 01 Nov 2022 31 Jan 2023 10-Q 25 Mar 2024
Q3 2022 -$12.3K $2K -$12.1K -85.9% 01 Aug 2022 31 Oct 2022 10-Q 18 Dec 2023
Q2 2022 -$179 $2.14K -$10.4K -82.9% 01 May 2022 31 Jul 2022 10-Q 14 Sep 2023
Q1 2022 $10.2K -$31.7K 01 Feb 2022 30 Apr 2022 10-K 14 Aug 2023
Q4 2021 $15.3K +$691 +4.74% 01 Nov 2021 31 Jan 2022 10-Q 15 Mar 2023
Q3 2021 $14.1K 01 Aug 2021 31 Oct 2021 10-Q 12 Dec 2022
Q2 2021 $12.5K 01 May 2021 31 Jul 2021 10-Q 14 Sep 2022
Q4 2020 $14.6K 01 Nov 2020 31 Jan 2021 10-Q 22 Mar 2022

FORMATION MINERALS, INC. Annual Interest Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $4.01K -$4.26K -51.5% 01 May 2023 30 Apr 2024 10-K 13 Aug 2024
2022 $8.27K -$1.91K -18.7% 01 May 2022 30 Apr 2023 10-K 13 Aug 2024
2021 $10.2K -$14.5K -58.7% 01 May 2021 30 Apr 2022 10-K 14 Aug 2023
2020 $24.7K 01 May 2020 30 Apr 2021 10-K 12 Aug 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.