Electromedical Technologies, Inc (EMED) Interest Expenses (2019 - 2024)
Electromedical Technologies (EMED) reported Interest Expenses of $54,914 for Q3 2024, down 66.1% from $162,121 a year earlier and down 5.8% from the prior quarter.
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Analysis
Electromedical Technologies, Inc (EMED) Interest Expenses (2019 - 2024) Analysis & Trends
Over the twelve months ended Sep 30, 2024, Electromedical Technologies' Interest Expenses came in at $230,881, down 79.3% year-over-year; for FY2023, it came in at $893,155, up 12.9% from FY2022.
- Interest Expenses has a four-year compound annual growth rate of 100.9% (FY2019 to FY2023).
- By year, Interest Expenses came in at $791,072 in FY2022 (-76.1%), $3.31 million in FY2021 (+330.6%), $769,591 in FY2020 and $54,814 in FY2019.
- The Q3 2024 figure ranks as the lowest quarterly Interest Expenses since Q3 2020.
- Year over year, Interest Expenses has now declined in each of the last four quarters, with an average decline of 17.9% over the last eight quarters.
- The high point for year-over-year Interest Expenses in five years was Q3 2020 (growth of 396.7%); the low point was Q3 2022 (a decline of 85.5%).
- Per Business Quant data, the three quarters before Q3 2024 came in at $58,301 (Q2 2024), $59,320 (Q1 2024) and $58,346 (Q4 2023).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 54,914.00 |
| Jun 30, 2024 | 58,301.00 |
| Mar 31, 2024 | 59,320.00 |
| Dec 31, 2023 | 58,346.00 |
| Sep 30, 2023 | 162,121.00 |
| Jun 30, 2023 | 284,487.00 |
| Mar 31, 2023 | 388,201.00 |
| Dec 31, 2022 | 280,655.00 |
| Sep 30, 2022 | 160,570.00 |
| Jun 30, 2022 | 136,468.00 |
| Mar 31, 2022 | 213,379.00 |
| Dec 31, 2021 | 376,001.00 |
| Sep 30, 2021 | 1.11 Mn |
| Jun 30, 2021 | 772,480.00 |
| Mar 31, 2021 | 1.06 Mn |
| Dec 31, 2020 | 687,423.00 |
| Sep 30, 2020 | 52,658.00 |
| Jun 30, 2020 | 14,562.00 |
| Mar 31, 2020 | 14,948.00 |
| Dec 31, 2019 | 19,472.00 |
API Access
Electromedical Technologies, Inc 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=EMED&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "EMED", "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=EMED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();