Portsmouth Square Inc (PRSI) Interest Expenses (2010 - 2024)
Portsmouth Square (PRSI) posted quarterly Interest Expenses of -$1.3 million for Q2 2024, down 402.47% year-over-year from $446000.0 in Q3 2023, and down 152.06% quarter-over-quarter from $2.6 million in Q1 2024.
Portsmouth Square Inc (PRSI) Interest Expenses (2010 - 2024) Analysis & Trends
Portsmouth Square (PRSI) has reported Interest Expenses for 15 consecutive years, with -$1.3 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Interest Expenses fell 402.47% year-over-year to -$1.3 million; the TTM figure through Jun 2024 stood at $4.4 million (down 22.61% YoY), while the FY2024 annual figure was $4.8 million, down 25.22% from the prior year.
- Interest Expenses eased to -$1.3 million in Q2 2024 per PRSI's latest filing, from $2.6 million in the prior quarter.
- Across five years, Interest Expenses topped out at $5.7 million in Q2 2022 and bottomed at -$4.8 million in Q2 2021.
- Historically, Interest Expenses has averaged $1.3 million across 5 years, with a median of $1.6 million in 2021.
- Annual changes were most pronounced in 2020 — Interest Expenses surged 1443.96% — and 2021, when it plunged 444.7%.
- Portsmouth Square's Interest Expenses stood at $958000.0 in 2020, then jumped by 72.65% to $1.7 million in 2021, then increased by 0.06% to $1.7 million in 2022, then dropped by 3.38% to $1.6 million in 2023, then sank by 184.37% to -$1.3 million in 2024.
- Business Quant data shows PRSI's Interest Expenses at -$1.3 million in Q2 2024, $2.6 million in Q1 2024, and $1.6 million in Q4 2023.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -1.35 Mn |
| Jun 30, 2024 | -1.35 Mn |
| Mar 31, 2024 | 2.59 Mn |
| Mar 31, 2024 | 2.59 Mn |
| Dec 31, 2023 | 1.60 Mn |
| Dec 31, 2023 | 1.60 Mn |
| Sep 30, 2023 | 1.61 Mn |
| Sep 30, 2023 | 1.61 Mn |
| Jun 30, 2023 | 446,000.00 |
| Jun 30, 2023 | 446,000.00 |
| Mar 31, 2023 | 1.58 Mn |
| Mar 31, 2023 | 1.58 Mn |
| Dec 31, 2022 | 1.66 Mn |
| Dec 31, 2022 | 1.66 Mn |
| Sep 30, 2022 | 2.06 Mn |
| Sep 30, 2022 | 2.06 Mn |
| Jun 30, 2022 | 5.67 Mn |
| Jun 30, 2022 | 5.67 Mn |
| Mar 31, 2022 | 1.62 Mn |
| Mar 31, 2022 | 1.62 Mn |