Company / Interest Expense
GenFlat Holdings, Inc. Interest Expense History
FY2021-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$2.0K
FY2024
5-year range
$2.0K / $50.0K
FY2021-FY2024
Trend
-39.4%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Interest Expense has declined for 3 consecutive years, from $50,000 in FY2021 to $1,961 in FY2024.
Based on SEC 10-K filings.
$1,961 in FY2024 with a 3-year CAGR of -66.0%.
Improved from $11,258 to $1,961 over the past 2 years.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -66.0%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- GenFlat Holdings, Inc.'s interest expense has declined for 3 consecutive years.
- 3-year CAGR of -66.0%, indicating a declining trend.
- In FY2024, interest expense decreased 39.4% year-over-year.
Company context
Key Data Points
- Altman Z-Score -30.78 (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 | $2.0K | -39.4% |
| FY2023 | $3.2K | -71.3% |
| FY2022 | $11.3K | -77.5% |
| FY2021 | $50.0K | - |
As of FY2024 · SEC 10-K · Updated Jun 29, 2026