EDUCATIONAL DEVELOPMENT CORP Annual Interest Expense in USD from 2014 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Educational Development Corp quarterly/annual Interest Expense history and growth rate from 2014 to 2023.
  • Educational Development Corp Interest Expense for the quarter ending May 31, 2024 was $577K, a 21.4% decline year-over-year.
  • Educational Development Corp Interest Expense for the twelve months ending May 31, 2024 was $2.6M, a 3.36% increase year-over-year.
  • Educational Development Corp annual Interest Expense for 2023 was $2.76M, a 27% increase from 2022.
  • Educational Development Corp annual Interest Expense for 2022 was $2.17M, a 137% increase from 2021.
  • Educational Development Corp annual Interest Expense for 2021 was $916K, a 63.4% increase from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $2.76M +$587K +27% Mar 1, 2023 Feb 29, 2024 10-K 2024-05-21
2022 $2.17M +$1.26M +137% Mar 1, 2022 Feb 28, 2023 10-K 2024-05-21
2021 $916K +$355K +63.4% Mar 1, 2021 Feb 28, 2022 10-K 2023-05-17
2020 $561K -$327K -36.8% Mar 1, 2020 Feb 28, 2021 10-K 2022-05-05
2019 $888K -$43.2K -4.64% Mar 1, 2019 Feb 29, 2020 10-K 2021-05-13
2018 $931K -$188K -16.8% Mar 1, 2018 Feb 28, 2019 10-K 2020-05-26
2017 $1.12M +$90.7K +8.82% Mar 1, 2017 Feb 28, 2018 10-K/A 2019-06-12
2016 $1.03M +$784K +320% Mar 1, 2016 Feb 28, 2017 10-K 2018-05-29
2015 $245K +$191K +354% Mar 1, 2015 Feb 29, 2016 10-K 2017-05-30
2014 $54K Mar 1, 2014 Feb 28, 2015 10-K 2016-05-26
* An asterisk sign (*) next to the value indicates that the value is likely invalid.