Syntec Interest Expense from 2010 to 2024

OPTX Stock   3.50  1.56  80.41%   
Syntec Optics Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense will likely drop to about 434.7 K in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2010-12-31
Previous Quarter
654.8 K
Current Value
434.7 K
Quarterly Volatility
131.4 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Syntec Optics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Syntec Optics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 M, Interest Expense of 434.7 K or Selling General Administrative of 6.7 M, as well as many indicators such as Price To Sales Ratio of 9.27, Dividend Yield of 8.0E-4 or PTB Ratio of 10.78. Syntec financial statements analysis is a perfect complement when working with Syntec Optics Valuation or Volatility modules.
  
Check out the analysis of Syntec Optics Correlation against competitors.

Latest Syntec Optics' Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Syntec Optics Holdings over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Syntec Optics' Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Syntec Optics' overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Syntec Interest Expense Regression Statistics

Arithmetic Mean250,892
Geometric Mean231,079
Coefficient Of Variation52.39
Mean Deviation89,703
Median194,828
Standard Deviation131,437
Sample Variance17.3B
Range459.9K
R-Value0.63
Mean Square Error11.3B
R-Squared0.39
Significance0.01
Slope18,373
Total Sum of Squares241.9B

Syntec Interest Expense History

2024434.7 K
2023654.8 K
2022336 K

About Syntec Optics Financial Statements

Syntec Optics investors use historical fundamental indicators, such as Syntec Optics' Interest Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Syntec Optics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense654.8 K434.7 K

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Additional Tools for Syntec Stock Analysis

When running Syntec Optics' price analysis, check to measure Syntec Optics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Syntec Optics is operating at the current time. Most of Syntec Optics' value examination focuses on studying past and present price action to predict the probability of Syntec Optics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syntec Optics' price. Additionally, you may evaluate how the addition of Syntec Optics to your portfolios can decrease your overall portfolio volatility.