Prospect Interest Expense from 2010 to 2024

PSEC Stock  USD 4.75  0.01  0.21%   
Prospect Capital's Interest Expense is increasing over the years with slightly volatile fluctuation. Interest Expense is expected to dwindle to about 99.4 M. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2004-09-30
Previous Quarter
36.1 M
Current Value
35.2 M
Quarterly Volatility
16.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Prospect Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prospect Capital's main balance sheet or income statement drivers, such as Interest Expense of 99.4 M, Selling General Administrative of 22.2 M or Total Revenue of 808.8 M, as well as many indicators such as Price To Sales Ratio of 2.88, Dividend Yield of 0.088 or PTB Ratio of 0.85. Prospect financial statements analysis is a perfect complement when working with Prospect Capital Valuation or Volatility modules.
  
Check out the analysis of Prospect Capital Correlation against competitors.
For information on how to trade Prospect Stock refer to our How to Trade Prospect Stock guide.

Latest Prospect Capital's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Prospect Capital over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Prospect Capital's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Prospect Capital's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Prospect Interest Expense Regression Statistics

Arithmetic Mean124,403,536
Geometric Mean113,639,667
Coefficient Of Variation34.76
Mean Deviation33,912,219
Median146,447,000
Standard Deviation43,236,536
Sample Variance1869.4T
Range134.7M
R-Value0.47
Mean Square Error1566.2T
R-Squared0.22
Significance0.08
Slope4,555,376
Total Sum of Squares26171.6T

Prospect Interest Expense History

202499.4 M
2023146.4 M
2022148.2 M
2021117.4 M
2020130.6 M
2019148.4 M
2018157.2 M

About Prospect Capital Financial Statements

Prospect Capital stakeholders use historical fundamental indicators, such as Prospect Capital's Interest Expense, to determine how well the company is positioned to perform in the future. Although Prospect Capital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Prospect Capital's assets and liabilities are reflected in the revenues and expenses on Prospect Capital's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Prospect Capital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense146.4 M99.4 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Prospect Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prospect Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Prospect Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prospect Capital Stock:
Check out the analysis of Prospect Capital Correlation against competitors.
For information on how to trade Prospect Stock refer to our How to Trade Prospect Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prospect Capital. If investors know Prospect will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prospect Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.78)
Dividend Share
0.72
Earnings Share
(0.25)
Revenue Per Share
1.961
Quarterly Revenue Growth
(0.17)
The market value of Prospect Capital is measured differently than its book value, which is the value of Prospect that is recorded on the company's balance sheet. Investors also form their own opinion of Prospect Capital's value that differs from its market value or its book value, called intrinsic value, which is Prospect Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prospect Capital's market value can be influenced by many factors that don't directly affect Prospect Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prospect Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prospect Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prospect Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.