CIENA CORP Interest Expense 2008-2024 | CIEN
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What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is CIENA CORP's current interest expense?
CIENA CORP (CIEN) annual interest expense for 2023 was $88.0M, a 87.09% increase from 2022. CIENA CORP interest expense for the quarter ending April 27, 2024 was $23.9M.
What was CIENA CORP's interest expense in 2022?
CIENA CORP annual interest expense for 2022 was $47.0M, a 52.58% increase from 2021.
What was CIENA CORP's interest expense in 2021?
CIENA CORP annual interest expense for 2021 was $30.8M, a 1.55% decline from 2020.
What is CIENA CORP's 5-year interest expense CAGR?
CIENA CORP interest expense grew at a compound annual growth rate (CAGR) of 9.76% from FY2018 to FY2023, going from $55.2M to $88.0M over 5 years.
Interest Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+9.8%
FY2018
$55.2M
→
FY2023
$88.0M
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5 years selected
Interest Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $88.0M | +87.1% | 10-K |
| FY2022 | $47.0M | +52.6% | 10-K |
| FY2021 | $30.8M | -1.5% | 10-K |
| FY2020 | $31.3M | -16.4% | 10-K |
| FY2019 | $37.5M | -32.2% | 10-K |
| FY2018 | $55.2M | -1.1% | 10-K |
| FY2017 | $55.9M | -1.4% | 10-K |
| FY2016 | $56.7M | +10.7% | 10-K |
| FY2015 | $51.2M | +8.6% | 10-K |
| FY2014 | $47.1M | +7.0% | 10-K |
| FY2013 | $44.0M | +11.1% | 10-K |
| FY2012 | $39.7M | +4.6% | 10-K |
| FY2011 | $37.9M | +103.7% | 10-K |
| FY2010 | $18.6M | +151.4% | 10-K |
| FY2009 | $7.4M | -42.7% | 10-K |
| FY2008 | $12.9M | - | 10-K |
Company: CIENA CORPTicker: CIENSector: OtherIndustry: Telephone & Telegraph ApparatusView company profile →