Fuel Tech (FTEK) Interest Expenses (2010 - 2023)
Fuel Tech (FTEK) reported Interest Expenses of $6,000 for Q4 2023, up 50.0% from $4,000 a year earlier and up 20.0% from the prior quarter.
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Analysis
Fuel Tech (FTEK) Interest Expenses (2010 - 2023) Analysis & Trends
For FY2023, Fuel Tech posted Interest Expenses of $21,000, up 23.5% from FY2022.
- Interest Expenses has a three-year compound annual growth rate of 73.8% (FY2020 to FY2023).
- By year, Interest Expenses came in at $17,000 in FY2022 (-10.5%), $19,000 in FY2021 (+375.0%) and $4,000 in FY2020.
- The Q4 2023 figure ranks as the highest quarterly Interest Expenses since Q3 2020.
- Year over year, Interest Expenses has now increased in each of the last three quarters, with growth averaging 8.1% over the last eight quarters.
- The high point for year-over-year Interest Expenses in five years was Q1 2020 (growth of 200.0%); the low point was Q3 2021 (a decline of 44.4%).
- Per Business Quant data, the three quarters before Q4 2023 came in at $5,000 (Q3 2023), $5,000 (Q2 2023) and $5,000 (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn | -73.10 Mn |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn | 7.00 Mn |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn | 27.00 Mn |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn | - |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn | 9.10 Mn |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn | 320,000.00 |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn | - |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 | 2.90 Mn |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - | - |
| 10 | Fuel Tech | 50.57 Mn | -41.36 Mn | 2.68 Mn | - |
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 |
API Access
Fuel Tech 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=FTEK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "FTEK", "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=FTEK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();