Company / Interest Expense
Red Cat Holdings, Inc. Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$68.6K
FY2023
5-year range
$68.6K / $147.7K
FY2019-FY2023
Trend
-43.8%
vs FY2022
Sector context
#87 of 89
Information Technology
What the data says
Among 89 Information Technology companies, Red Cat Holdings, Inc. is in the top 2% for interest expense. Interest Expense has fluctuated over the past 7 years, ranging from -$10,399 in FY2016 to $500,182 in FY2018.
Based on SEC 10-K filings.
$68,609 in FY2023 with a 5-year CAGR of -32.8%.
Improved from $147,724 to $68,609 over the past 2 years.
Information Technology sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -32.8%
- 10-Year CAGR
- -
Sector benchmark
Top 2% in Information TechnologyTop 2% of 89This company $68.6K Sector average $172.0M
▼
-100.0% below sector average
Key checks
Key Insights
- 5-year CAGR of -32.8%, indicating a declining trend.
- In FY2023, interest expense decreased 43.8% year-over-year.
- Ranks #87 out of 89 companies in the Information Technology sector.
- Peak interest expense was recorded in FY2018.
Company context
Key Data Points
- Altman Z-Score 3.05 (safe zone, above 2.9 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $68.6K | -43.8% |
| FY2022 | $122.0K | -17.4% |
| FY2021 | $147.7K | - |
| FY2020 | - | - |
| FY2019 | $29.2K | -94.2% |
| FY2018 | $500.2K | +33.0% |
| FY2017 | $376.1K | +3716.5% |
| FY2016 | -$10.4K | -109.9% |
As of FY2023 · SEC 10-K · Updated Mar 28, 2026