RideNow (RDNW) Interest Expenses (2014 - 2024)

RideNow (RDNW) has reported Interest Expenses for 11 consecutive years, with $16.1 million the latest figure, recorded in Q1 2024.

• In Q1 2024, Interest Expenses fell 8.52% year-over-year to $16.1 million; the TTM figure through Dec 2024 stood at $16.1 million (down 79.14% YoY), while the FY2023 annual figure was $77.2 million, up 48.18% from the prior year.
• Interest Expenses came in at $16.1 million for Q1 2024 at RideNow, down from $21.4 million in the prior quarter.
• The five-year high for Interest Expenses was $21.4 million in Q4 2023, with the low at -$14000.0 in Q4 2020.
• Average Interest Expenses over 5 years is $9.7 million, with a median of $11.2 million recorded in 2022.
• Across the five-year window, Interest Expenses sank 99.09% in 2020 and jumped 59371.43% in 2021, its largest moves.
• Year by year, Interest Expenses stood at -$14000.0 in 2020, then surged by 59371.43% to $8.3 million in 2021, then soared by 98.58% to $16.5 million in 2022, then jumped by 30.14% to $21.4 million in 2023, then decreased by 24.92% to $16.1 million in 2024.
• According to Business Quant data, Interest Expenses over the past three periods registered $16.1 million, $21.4 million, and $19.8 million for Q1 2024, Q4 2023, and Q3 2023 respectively.