Company / Interest Expense
Artificial Intelligence Technology Solutions Inc. Interest Expense History
FY2014-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$6.8M
FY2024
5-year range
$5.4M / $12.4M
FY2020-FY2024
Trend
+24.5%
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 $1,183 in FY2016 to $12M in FY2018.
Based on SEC 10-K filings.
$7M in FY2024 with a 10-year CAGR of +33.5%.
Improved from $12M to $7M over the past 6 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- +33.5%
Key checks
Key Insights
- In FY2024, interest expense increased 24.5% year-over-year.
- Peak interest expense was recorded in FY2018.
- Lowest interest expense in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score -20.41 (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 |
|---|---|---|
| FY2026 | - | - |
| FY2025 | - | - |
| FY2024 | $6.8M | +24.5% |
| FY2023 | $5.4M | -56.3% |
| FY2018 | $12.4M | +1049087.1% |
| FY2016 | $1.2K | -99.8% |
| FY2015 | $648.0K | +72.6% |
| FY2014 | $375.4K | - |
| FY2011 | - | - |
As of FY2024 · SEC 10-K · Updated Jun 29, 2026