KPIs & Operating Metrics(New)

LendingClub (LC) Interest Expense - Debt (2020 - 2022)

LendingClub (LC) has disclosed Interest Expense - Debt for 5 consecutive years, with -$24000.0 as the latest value for Q4 2022.

  • Quarterly Interest Expense - Debt fell 101.01% to -$24000.0 in Q4 2022 from the year-ago period, while the trailing twelve-month figure was $794000.0 through Dec 2022, down 78.41% year-over-year, with the annual reading at $1.0 million for FY2022, 72.75% down from the prior year.
  • Interest Expense - Debt hit -$24000.0 in Q4 2022 for LendingClub, down from $87000.0 in the prior quarter.
  • In the past five years, Interest Expense - Debt ranged from a high of $17.5 million in Q4 2020 to a low of -$24000.0 in Q4 2022.
  • Historically, Interest Expense - Debt has averaged $3.2 million across 3 years, with a median of $485000.0 in 2021.
  • Biggest YoY gain for Interest Expense - Debt was 29.46% in 2022; the steepest drop was 101.01% in 2022.
  • Year by year, Interest Expense - Debt stood at $17.5 million in 2020, then tumbled by 86.42% to $2.4 million in 2021, then tumbled by 101.01% to -$24000.0 in 2022.
  • Business Quant data shows Interest Expense - Debt for LC at -$24000.0 in Q4 2022, $87000.0 in Q3 2022, and $296000.0 in Q2 2022.