Reed'S, Inc. (REED) Interest Expenses (2010 - 2024)
Reed'S's (REED) quarterly Interest Expenses came in at -$3.2 million in Q4 2024, up 6.18% YoY from -$3.0 million in Q1 2024, and down 233.14% on a QoQ basis from $2.4 million in Q3 2024.
Reed'S, Inc. (REED) Interest Expenses (2010 - 2024) Analysis & Trends
Reed'S (REED) has 15 years of Interest Expenses data on file, last reported at -$3.2 million in Q4 2024.
- Quarterly Interest Expenses rose 6.18% year-over-year to -$3.2 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was -$3.2 million (down 404.68% YoY) and the FY2024 annual result came in at $5.5 million, down 10.24% from the prior year.
- Interest Expenses declined to -$3.2 million in Q4 2024, from $2.4 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $21.6 million in Q4 2021 to a low of -$3.4 million in Q4 2023.
- A 5-year average of $1.8 million and a median of $1.0 million in 2024 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2021 — Interest Expenses soared 27553.85% — and 2023, when it tumbled 1259.76%.
- Tracing REED's Interest Expenses over 5 years: stood at $78000.0 in 2020, then soared by 27553.85% to $21.6 million in 2021, then slumped by 101.16% to -$251000.0 in 2022, then plunged by 1259.76% to -$3.4 million in 2023, then climbed by 6.18% to -$3.2 million in 2024.
- The last three Interest Expenses figures came in at -$3.2 million (Q4 2024), $2.4 million (Q3 2024), and $2.2 million (Q2 2024), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -3.20 Mn |
| Dec 31, 2024 | -3.20 Mn |
| Sep 30, 2024 | 2.41 Mn |
| Sep 30, 2024 | 2.41 Mn |
| Jun 30, 2024 | 2.17 Mn |
| Jun 30, 2024 | 2.17 Mn |
| Mar 31, 2024 | 1.02 Mn |
| Mar 31, 2024 | 1.02 Mn |
| Dec 31, 2023 | -3.41 Mn |
| Dec 31, 2023 | -3.41 Mn |
| Sep 30, 2023 | 1.29 Mn |
| Sep 30, 2023 | 1.29 Mn |
| Jun 30, 2023 | 1.39 Mn |
| Jun 30, 2023 | 1.39 Mn |
| Mar 31, 2023 | 1.78 Mn |
| Mar 31, 2023 | 1.78 Mn |
| Dec 31, 2022 | -251,000.00 |
| Dec 31, 2022 | -251,000.00 |
| Sep 30, 2022 | 1.16 Mn |
| Sep 30, 2022 | 1.16 Mn |