The L.S. Starrett Company Interest Expense | SCX

Interest expense is the amount of interest a company is obligated to pay to creditors for using debt financing (bank loans, bonds, leasing, etc.) during the reporting period.

Includes:

Interest on bank loans
Interest on corporate bonds
Interest on leases
Interest on credit lines and overdrafts

High interest expenses indicate a high debt burden — the company may be vulnerable to rising rates or declining revenue.

Low interest expenses with high profits are a sign of financial stability.

Annual Interest Expense The L.S. Starrett Company

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
1.41 M	1.26 M	999 K	975 K	976 K	845 K	674 K	669 K	713 K	800 K	968 K	712 K	257 K	484 K	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
1.41 M	257 K	839 K

Interest Expense of other stocks in the Tools industry

Issuer	Interest Expense	Price	% 24h	Market Cap	Country
Stanley Black & Decker SWK	516 M	$ 93.81	0.87 %	$ 14.2 B	USA
The Toro Company TTC	26.8 M	$ 94.75	1.52 %	$ 9.43 B	USA
The Timken Company TKR	-8.8 M	$ 123.86	0.58 %	$ 8.64 B	USA
P&F Industries PFIN	-363 K	-	-	$ 41.4 M	USA
ToughBuilt Industries TBLT	13 M	-	-59.96 %	$ 14.3 M	USA
The Eastern Company EML	2.68 M	$ 26.12	2.34 %	$ 159 M	USA
Griffon Corporation GFF	6.67 M	$ 97.33	1.97 %	$ 4.41 B	USA
Kennametal KMT	17.4 M	$ 30.47	5.4 %	$ 2.32 B	USA
Lincoln Electric Holdings LECO	9.4 M	$ 277.05	0.22 %	$ 15.4 B	USA
Chicago Rivet & Machine Co. CVR	18.4 K	$ 10.2	0.94 %	$ 9.85 M	USA
RBC Bearings Incorporated ROLL	-49.8 M	-	-3.73 %	$ 6.03 B	USA
Snap-on Incorporated SNA	58.7 M	$ 379.88	0.22 %	$ 19.8 B	USA