FIRST SOLAR, INC. Interest Expense 2007-2024 | FSLR
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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 FIRST SOLAR, INC.'s current interest expense?
FIRST SOLAR, INC. (FSLR) annual interest expense for 2023 was $13.0M, a 6.05% increase from 2022. FIRST SOLAR, INC. interest expense for the quarter ending March 31, 2024 was $9.2M.
What was FIRST SOLAR, INC.'s interest expense in 2022?
FIRST SOLAR, INC. annual interest expense for 2022 was $12.2M, a 6.73% decline from 2021.
What was FIRST SOLAR, INC.'s interest expense in 2021?
FIRST SOLAR, INC. annual interest expense for 2021 was $13.1M, a 45.47% decline from 2020.
What is FIRST SOLAR, INC.'s 5-year interest expense CAGR?
FIRST SOLAR, INC. interest expense grew at a compound annual growth rate (CAGR) of 12.94% from FY2018 to FY2023, going from $25.9M to $13.0M over 5 years.
Interest Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Stable
CAGR-12.9%
FY2018
$25.9M
→
FY2023
$13.0M
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5 years selected
Interest Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $13.0M | +6.1% | 10-K |
| FY2022 | $12.2M | -6.7% | 10-K |
| FY2021 | $13.1M | -45.5% | 10-K |
| FY2020 | $24.0M | -11.2% | 10-K |
| FY2019 | $27.1M | +4.4% | 10-K |
| FY2018 | $25.9M | +0.6% | 10-K |
| FY2017 | $25.8M | +25.5% | 10-K |
| FY2016 | $20.5M | +194.5% | 10-K |
| FY2015 | $7.0M | +251.9% | 10-K |
| FY2014 | $2.0M | +5.2% | 10-K |
| FY2013 | $1.9M | -86.4% | 10-K |
| FY2012 | $13.9M | +13788.0% | 10-K |
| FY2011 | $100,000 | +1566.7% | 10-K |
| FY2010 | $6,000 | -99.9% | 10-K |
| FY2009 | $5.3M | +933.0% | 10-K |
| FY2008 | $509,000 | -77.8% | 10-K |
| FY2007 | $2.3M | - | 10-K |
Company: FIRST SOLAR, INC.Ticker: FSLRSector: TechnologyIndustry: Semiconductors & Related DevicesView company profile →