Fuel Tech (FTEK) Interest Expenses (2010 - 2023)
Fuel Tech's (FTEK) quarterly Interest Expenses came in at $6000.0 in Q4 2023, up 50.0% on a YoY basis from $4000.0 in Q4 2022, and up 20.0% quarter-over-quarter from $5000.0 in Q3 2023.
Analysis
Fuel Tech (FTEK) Interest Expenses (2010 - 2023) Analysis & Trends
Fuel Tech (FTEK) has reported Interest Expenses for 11 consecutive years, with $6000.0 the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Interest Expenses rose 50.0% year-over-year to $6000.0; the trailing twelve-month figure through Sep 2024 stood at $6000.0 (down 68.42% YoY), and the FY2023 full-year result was $21000.0, up 23.53% from the prior year.
- Interest Expenses improved to $6000.0 in Q4 2023 per FTEK's latest filing, from $5000.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $9000.0 in Q3 2020 and bottomed at -$11000.0 in Q4 2020.
- Historically, Interest Expenses has averaged $3631.6 across 5 years, with a median of $4000.0 in 2019.
- The sharpest annual moves came in 2020 and 2021: Interest Expenses soared 200.0% in 2020, then sank 44.44% in 2021.
- Over 5 years, Interest Expenses stood at $4000.0 in 2019, then slumped by 375.0% to -$11000.0 in 2020, then surged by 145.45% to $5000.0 in 2021, then declined by 20.0% to $4000.0 in 2022, then soared by 50.0% to $6000.0 in 2023.
- According to Business Quant data, Interest Expenses over the past three periods registered $6000.0, $5000.0, and $5000.0 for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Ceco Environmental | 3.31 Bn | 3.25 Bn | 86.47 Mn | 9.10 Mn |
| 2 | LanzaTech Global | 69.73 Mn | 24.75 Mn | 5.24 Mn | - |
| 3 | Fuel Tech | 50.20 Mn | 30.59 Mn | 2.68 Mn | - |
| 4 | 374Water | 43.03 Mn | 43.03 Mn | 1.98 Mn | 26,566.00 |
| 5 | Birchtech | 25.69 Mn | 13.85 Mn | 1.03 Mn | - |
| 6 | ClearSign Technologies | 23.96 Mn | 14.07 Mn | 228,000.00 | - |
| 7 | Liqtech International | 14.83 Mn | -823,674.01 | 365,539.00 | 231,160.00 |
| 8 | TOMI Environmental Solutions | 13.14 Mn | 12.59 Mn | 1.39 Mn | 113,191.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 6,000.00 |
| Sep 30, 2023 | 5,000.00 |
| Jun 30, 2023 | 5,000.00 |
| Mar 31, 2023 | 5,000.00 |
| Dec 31, 2022 | 4,000.00 |
| Sep 30, 2022 | 4,000.00 |
| Jun 30, 2022 | 4,000.00 |
| Mar 31, 2022 | 5,000.00 |
| Dec 31, 2021 | 5,000.00 |
| Sep 30, 2021 | 5,000.00 |
| Jun 30, 2021 | 5,000.00 |
| Mar 31, 2021 | 4,000.00 |
| Dec 31, 2020 | -11,000.00 |
| Sep 30, 2020 | 9,000.00 |
| Jun 30, 2020 | 3,000.00 |
| Mar 31, 2020 | 3,000.00 |
| Sep 30, 2019 | 4,000.00 |
| Jun 30, 2019 | 3,000.00 |
| Mar 31, 2019 | 1,000.00 |
| Dec 31, 2015 | -3,000.00 |