NORTECH SYSTEMS INC Quarterly Interest Expense in USD from Q2 2010 to Q1 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Nortech Systems Inc quarterly/annual Interest Expense history and growth rate from Q2 2010 to Q1 2024.
  • Nortech Systems Inc Interest Expense for the quarter ending March 31, 2024 was $167K, a 51.8% increase year-over-year.
  • Nortech Systems Inc Interest Expense for the twelve months ending March 31, 2024 was $544K, a 28.6% increase year-over-year.
  • Nortech Systems Inc annual Interest Expense for 2023 was $487K, a 18.5% increase from 2022.
  • Nortech Systems Inc annual Interest Expense for 2022 was $411K, a 4.42% decline from 2021.
  • Nortech Systems Inc annual Interest Expense for 2021 was $430K, a 30.6% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $544K $167K +$57K +51.8% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-14
Q4 2023 $487K $122K +$48K +64.9% Oct 1, 2023 Dec 31, 2023 10-K 2024-03-20
Q3 2023 $439K $130K +$8K +6.56% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-14
Q2 2023 $431K $125K +$8K +6.84% Apr 1, 2023 Jun 30, 2023 10-Q 2023-08-09
Q1 2023 $423K $110K +$12K +12.2% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-14
Q4 2022 $411K $74K -$42K -36.2% Oct 1, 2022 Dec 31, 2022 10-K 2024-03-20
Q3 2022 $453K $122K +$10K +8.93% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-14
Q2 2022 $443K $117K +$1K +0.86% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-09
Q1 2022 $442K $98K +$12K +14% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-10
Q4 2021 $430K $116K +$22K +23.4% Oct 1, 2021 Dec 31, 2021 10-K 2023-03-17
Q3 2021 $408K $112K -$14K -11.1% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-09
Q2 2021 $422K $116K -$60K -34.1% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-10
Q1 2021 $482K $86K -$138K -61.6% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-10
Q4 2020 $620K $94K -$169K -64.3% Oct 1, 2020 Dec 31, 2020 10-K 2022-03-17
Q3 2020 $789K $126K -$130K -50.8% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-10
Q2 2020 $919K $176K -$103K -36.9% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-12
Q1 2020 $1.02M $224K -$21K -8.57% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-14
Q4 2019 $1.04M $263K +$57K +27.7% Oct 1, 2019 Dec 31, 2019 10-K 2021-03-23
Q3 2019 $986K $256K +$86K +50.6% Jul 1, 2019 Sep 30, 2019 10-Q 2020-11-12
Q2 2019 $900K $279K +$70K +33.5% Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-11
Q1 2019 $830K $245K +$73K +42.4% Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-13
Q4 2018 $757K $206K +$32K +18.4% Oct 1, 2018 Dec 31, 2018 10-K 2020-03-19
Q3 2018 $725K $170K -$2K -1.16% Jul 1, 2018 Sep 30, 2018 10-Q 2019-11-12
Q2 2018 $727K $209K +$67K +47.2% Apr 1, 2018 Jun 30, 2018 10-Q 2019-08-14
Q1 2018 $660K $172K +$32K +22.9% Jan 1, 2018 Mar 31, 2018 10-Q 2019-05-15
Q4 2017 $628K $174K +$34.4K +24.7% Oct 1, 2017 Dec 31, 2017 10-K 2019-04-01
Q3 2017 $594K $172K +$32.5K +23.3% Jul 1, 2017 Sep 30, 2017 10-Q 2018-11-14
Q2 2017 $561K $142K +$2.75K +1.98% Apr 1, 2017 Jun 30, 2017 10-Q 2018-08-14
Q1 2017 $558K $140K +$7.98K +6.04% Jan 1, 2017 Mar 31, 2017 10-Q 2018-05-11
Q4 2016 $550K $140K +$15.3K +12.3% Oct 1, 2016 Dec 31, 2016 10-K 2018-03-27
Q3 2016 $535K $139K +$5.5K +4.1% Jul 1, 2016 Sep 30, 2016 10-Q 2017-11-08
Q2 2016 $529K $139K +$27.2K +24.3% Apr 1, 2016 Jun 30, 2016 10-Q 2017-08-09
Q1 2016 $502K $132K +$36.8K +38.7% Jan 1, 2016 Mar 31, 2016 10-Q 2017-05-11
Q4 2015 $465K $124K +$28.3K +29.5% Oct 1, 2015 Dec 31, 2015 10-K 2017-03-08
Q3 2015 $437K $134K +$44.4K +49.5% Jul 1, 2015 Sep 30, 2015 10-Q 2016-11-02
Q2 2015 $393K $112K +$19.9K +21.6% Apr 1, 2015 Jun 30, 2015 10-Q 2016-08-03
Q1 2015 $373K $95.2K +$5.21K +5.79% Jan 1, 2015 Mar 31, 2015 10-Q 2016-05-04
Q4 2014 $368K $95.9K +$10.1K +11.8% Oct 1, 2014 Dec 31, 2014 10-K 2016-03-22
Q3 2014 $357K $89.6K -$14.4K -13.8% Jul 1, 2014 Sep 30, 2014 10-Q 2015-11-05
Q2 2014 $372K $92.1K -$13.4K -12.7% Apr 1, 2014 Jun 30, 2014 10-Q 2015-08-05
Q1 2014 $385K $90K -$3.55K -3.79% Jan 1, 2014 Mar 31, 2014 10-Q 2015-05-06
Q4 2013 $389K $85.8K -$5.3K -5.82% Oct 1, 2013 Dec 31, 2013 10-K 2015-03-11
Q3 2013 $394K $104K -$8.02K -7.16% Jul 1, 2013 Sep 30, 2013 10-Q 2014-11-05
Q2 2013 $402K $105K +$5.19K +5.18% Apr 1, 2013 Jun 30, 2013 10-Q 2014-08-06
Q1 2013 $397K $93.5K -$43.3K -31.6% Jan 1, 2013 Mar 31, 2013 10-Q 2014-05-07
Q4 2012 $440K $91.1K -$28K -23.5% Oct 1, 2012 Dec 31, 2012 10-K 2014-03-07
Q3 2012 $468K $112K -$18.2K -13.9% Jul 1, 2012 Sep 30, 2012 10-Q 2013-11-14
Q2 2012 $486K $100K -$41.8K -29.4% Apr 1, 2012 Jun 30, 2012 10-Q 2013-08-09
Q1 2012 $528K $137K +$16.8K +14% Jan 1, 2012 Mar 31, 2012 10-Q 2013-05-10
Q4 2011 $511K $119K Oct 1, 2011 Dec 31, 2011 10-K 2013-03-08
Q3 2011 $130K +$30.7K +30.9% Jul 1, 2011 Sep 30, 2011 10-Q 2012-11-14
Q2 2011 $142K +$41.6K +41.4% Apr 1, 2011 Jun 30, 2011 10-Q 2012-08-10
Q1 2011 $120K Jan 1, 2011 Mar 31, 2011 10-Q 2012-05-11
Q3 2010 $99.4K Jul 1, 2010 Sep 30, 2010 10-Q 2011-11-04
Q2 2010 $101K Apr 1, 2010 Jun 30, 2010 10-Q 2011-08-12
* An asterisk sign (*) next to the value indicates that the value is likely invalid.