SYNOPSYS INC Interest Expense 2010-2024 | SNPS
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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 SYNOPSYS INC's current interest expense?
SYNOPSYS INC (SNPS) annual interest expense for 2023 was $1.2M, a 30.62% decline from 2022. SYNOPSYS INC interest expense for the quarter ending January 31, 2024 was $1.3M.
What was SYNOPSYS INC's interest expense in 2022?
SYNOPSYS INC annual interest expense for 2022 was $1.7M, a 49.54% decline from 2021.
What was SYNOPSYS INC's interest expense in 2021?
SYNOPSYS INC annual interest expense for 2021 was $3.4M, a 34.53% decline from 2020.
What is SYNOPSYS INC's 5-year interest expense CAGR?
SYNOPSYS INC interest expense grew at a compound annual growth rate (CAGR) of 40.36% from FY2018 to FY2023, going from $15.6M to $1.2M over 5 years.
Interest Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Declining
CAGR-40.4%
FY2018
$15.6M
→
FY2023
$1.2M
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5 years selected
Interest Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $1.2M | -30.6% | 10-K |
| FY2022 | $1.7M | -49.5% | 10-K |
| FY2021 | $3.4M | -34.5% | 10-K |
| FY2020 | $5.1M | -55.9% | 10-K |
| FY2019 | $11.7M | -25.3% | 10-K |
| FY2018 | $15.6M | +113.7% | 10-K |
| FY2017 | $7.3M | +93.7% | 10-K |
| FY2016 | $3.8M | +34.0% | 10-K |
| FY2015 | $2.8M | +48.5% | 10-K |
| FY2014 | $1.9M | +11.7% | 10-K |
| FY2013 | $1.7M | -14.8% | 10-K |
| FY2012 | $2.0M | +1871.3% | 10-K |
| FY2011 | $101,000 | -59.8% | 10-K |
| FY2010 | $251,000 | - | 10-K |
Company: SYNOPSYS INCTicker: SNPSSector: TechnologyIndustry: Services-Prepackaged SoftwareView company profile →