Company / Interest Expense
EVERSPIN TECHNOLOGIES INC. Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$274.0K
FY2023
5-year range
$274.0K / $665.0K
FY2019-FY2023
Trend
-49.9%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Interest Expense has declined for 4 consecutive years, from $890,000 in FY2019 to $274,000 in FY2023.
Based on SEC 10-K filings.
$274,000 in FY2023 with a 5-year CAGR of -18.5%.
Improved from $665,000 to $274,000 over the past 2 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -28.4%
- 5-Year CAGR
- -18.5%
- 10-Year CAGR
- -
Key checks
Key Insights
- EVERSPIN TECHNOLOGIES INC.'s interest expense has declined for 4 consecutive years.
- 5-year CAGR of -18.5%, indicating a declining trend.
- In FY2023, interest expense decreased 49.9% year-over-year.
- Peak interest expense was recorded in FY2016.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $274.0K | -49.9% |
| FY2022 | $547.0K | -17.7% |
| FY2021 | $665.0K | -11.0% |
| FY2020 | $747.0K | -16.1% |
| FY2019 | $890.0K | +16.5% |
| FY2018 | $764.0K | +17.0% |
| FY2017 | $653.0K | -72.2% |
| FY2016 | $2.3M | - |
As of FY2023 · SEC 10-K · Updated Jun 28, 2026