TREES Corp (Colorado) (CANN) Interest Expenses (2014 - 2024)
TREES Corp (Colorado)'s Interest Expenses came in at $553,743 for Q1 2024, up 23.2% from $449,311 a year earlier and up 83.9% from the prior quarter.
TREES Corp (Colorado) (CANN) Interest Expenses (2014 - 2024) Analysis & Trends
Over the trailing twelve months to Mar 31, 2024, TREES Corp (Colorado) reported Interest Expenses of $1.87 million, up 48.5% year-over-year; for FY2023, it came in at $1.76 million, up 79.4% from FY2022.
- Interest Expenses has increased in each of the last seven years, with a five-year compound annual growth rate of 40.4% (FY2018 to FY2023).
- Going back by year, Interest Expenses was $983,181 in FY2022 (+57.9%), $622,469 in FY2021 (+37.3%), $453,522 in FY2020 (+31.3%) and $345,371 in FY2019 (+6.7%).
- The five-year range for quarterly Interest Expenses is $71,288 (Q4 2019) to $716,728 (Q2 2023).
- Year-over-year, Interest Expenses increased in six of the last eight quarters, with growth averaging 83.5%.
- The fastest year-over-year change in Interest Expenses over five years came in Q2 2023 (growth of 307.1%), and the weakest in Q1 2021 (a decline of 39.8%).
- Business Quant data shows CANN's Interest Expenses at $301,132 (Q4 2023), $296,242 (Q3 2023) and $716,728 (Q2 2023) in the three quarters before Q1 2024.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 553,743.00 |
| Dec 31, 2023 | 301,132.00 |
| Sep 30, 2023 | 296,242.00 |
| Jun 30, 2023 | 716,728.00 |
| Mar 31, 2023 | 449,311.00 |
| Dec 31, 2022 | 418,952.00 |
| Sep 30, 2022 | 213,833.00 |
| Jun 30, 2022 | 176,045.00 |
| Mar 31, 2022 | 174,351.00 |
| Dec 31, 2021 | 178,283.00 |
| Sep 30, 2021 | 150,503.00 |
| Jun 30, 2021 | 190,627.00 |
| Mar 31, 2021 | 103,056.00 |
| Dec 31, 2020 | 94,086.00 |
| Sep 30, 2020 | 84,716.00 |
| Jun 30, 2020 | 103,672.00 |
| Mar 31, 2020 | 171,048.00 |
| Dec 31, 2019 | 71,288.00 |
| Sep 30, 2019 | 75,996.00 |
| Jun 30, 2019 | 87,074.00 |
TREES Corp (Colorado) Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=CANN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "CANN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=CANN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();