Surge Components (SPRS) Interest Expenses (2010 - 2022)
Surge Components' Interest Expenses came in at $19.00 for fiscal Q4 2022 (quarter ended Nov 30, 2022), down 88.3% from $162.00 a year earlier and down 74.3% from the prior quarter.
Surge Components (SPRS) Interest Expenses (2010 - 2022) Analysis & Trends
For FY2022 (ended Nov 30, 2022), Surge Components' Interest Expenses was $405.00, down 65.3% from FY2021.
- Interest Expenses has declined in each of the last five fiscal years, with a five-year compound annual growth rate of -55.2% (FY2017 to FY2022).
- Going back by fiscal year, Interest Expenses was $1,166 in FY2021 (-41.6%), $1,997 in FY2020 (-25.7%), $2,688 in FY2019 (-82.9%) and $15,728 in FY2018 (-29.9%).
- The fiscal Q4 2022 figure represents the lowest quarterly Interest Expenses in data going back to fiscal Q3 2010.
- Year-over-year, Interest Expenses has declined for 19 consecutive quarters, with an average decline of 55.9% over the last eight quarters.
- Across the past five years, year-over-year decline in Interest Expenses ran from 22.6% in fiscal Q1 2020 to 88.3% in fiscal Q4 2022.
- Business Quant data shows SPRS's Interest Expenses at $74.00 (Q3 2022), $130.00 (Q2 2022) and $182.00 (Q1 2022) in the three fiscal quarters before Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | - |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 373.00 Mn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | - |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | - |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 2.00 Mn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 64.00 Mn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 14.00 Mn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 147.26 Mn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 3.60 Mn |
| 10 | Surge Components | 22.94 Mn | -33.61 Mn | 2.89 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Nov 30, 2022 | 19.00 |
| Aug 31, 2022 | 74.00 |
| May 31, 2022 | 130.00 |
| Feb 28, 2022 | 182.00 |
| Nov 30, 2021 | 162.00 |
| Aug 31, 2021 | 286.00 |
| May 31, 2021 | 335.00 |
| Feb 28, 2021 | 383.00 |
| Nov 30, 2020 | 431.00 |
| Aug 31, 2020 | 477.00 |
| May 31, 2020 | 522.00 |
| Feb 29, 2020 | 567.00 |
| Nov 30, 2019 | 609.00 |
| Aug 31, 2019 | 652.00 |
| May 31, 2019 | 694.00 |
| Feb 28, 2019 | 733.00 |
| Nov 30, 2018 | 2,398.00 |
| Aug 31, 2018 | 3,596.00 |
| May 31, 2018 | 3,713.00 |
| Feb 28, 2018 | 6,021.00 |
Surge Components Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=SPRS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "SPRS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=SPRS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();