Company / Interest Expense
AppTech Payments Corp. Interest Expense History
FY2019-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$26.0K
FY2024
5-year range
$3.1K / $417.0K
FY2020-FY2024
Trend
-50.0%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Interest Expense has fluctuated over the past 6 years, ranging from $3,111 in FY2021 to $417,000 in FY2022.
Based on SEC 10-K filings.
$26,000 in FY2024 with a 5-year CAGR of -38.2%.
Improved from $417,000 to $26,000 over the past 2 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +102.9%
- 5-Year CAGR
- -38.2%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -38.2%, indicating a declining trend.
- In FY2024, interest expense decreased 50.0% year-over-year.
- Peak interest expense was recorded in FY2022.
- Lowest interest expense in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score -18.60 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $26.0K | -50.0% |
| FY2023 | $52.0K | -87.5% |
| FY2022 | $417.0K | +13304.1% |
| FY2021 | $3.1K | -99.1% |
| FY2020 | $342.3K | +18.5% |
| FY2019 | $288.8K | - |
As of FY2024 · SEC 10-K · Updated Jun 29, 2026