MINERALRITE Corp (RITE) Interest Expenses (2010 - 2014)
Mineralrite (RITE) posted quarterly Interest Expenses of $3.2 million for Q3 2014, up 1748.95% year-over-year from $174865.0 in Q3 2013, and up 206.05% quarter-over-quarter from $1.1 million in Q2 2014.
MINERALRITE Corp (RITE) Interest Expenses (2010 - 2014) Analysis & Trends
Mineralrite (RITE) has reported Interest Expenses for 5 consecutive years, with $3.2 million the latest figure, recorded in Q3 2014.
- In Q3 2014, Interest Expenses rose 1748.95% year-over-year to $3.2 million; the TTM figure through Sep 2024 stood at $3.2 million (changed N/A YoY), while the FY2013 annual figure was $182091.0, up 189.6% from the prior year.
- Interest Expenses rose to $3.2 million in Q3 2014 per RITE's latest filing, from $1.1 million in the prior quarter.
- Across five years, Interest Expenses topped out at $3.2 million in Q3 2014 and bottomed at -$35015.0 in Q3 2011.
- Historically, Interest Expenses has averaged $291663.4 across 5 years, with a median of $11861.0 in 2011.
- Annual changes were most pronounced in 2011 — Interest Expenses slumped 461.77% — and 2014, when it soared 45727.98%.
- Mineralrite's Interest Expenses stood at -$21943.0 in 2010, then jumped by 154.05% to $11861.0 in 2011, then tumbled by 72.25% to $3291.0 in 2012, then jumped by 3196.66% to $108493.0 in 2013, then soared by 2880.06% to $3.2 million in 2014.
- Business Quant data shows RITE's Interest Expenses at $3.2 million in Q3 2014, $1.1 million in Q2 2014, and $276801.0 in Q1 2014.
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Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2014 | 3.23 Mn |
| Sep 30, 2014 | 3.23 Mn |
| Jun 30, 2014 | 1.06 Mn |
| Jun 30, 2014 | 1.06 Mn |
| Mar 31, 2014 | 276,801.00 |
| Mar 31, 2014 | 276,801.00 |
| Dec 31, 2013 | 108,493.00 |
| Dec 31, 2013 | 108,493.00 |
| Sep 30, 2013 | 174,865.00 |
| Sep 30, 2013 | 174,865.00 |
| Jun 30, 2013 | 136,426.00 |
| Jun 30, 2013 | 136,426.00 |
| Mar 31, 2013 | 604.00 |
| Mar 31, 2013 | 604.00 |
| Sep 30, 2012 | 3,291.00 |
| Sep 30, 2012 | 3,291.00 |
| Jun 30, 2012 | 12,751.00 |
| Jun 30, 2012 | 12,751.00 |
| Mar 31, 2012 | 12,475.00 |
| Mar 31, 2012 | 12,475.00 |