Discontinued — last reported Q4 '23
Geographic · Consolidated interest expense
Mid East — Consolidated interest expense
NVR Mid East — Consolidated interest expense remained flat by 0.0% to $9.76M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 24.1%, from $12.85M to $9.76M. Over 2 years (FY 2021 to FY 2023), Mid East — Consolidated interest expense shows a downward trend with a -5.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2016
Last reportedQ4 2023Feb 14, 2024
Rolls up toInterest Expense
How to read this metric
Rising interest costs relative to segment profit can indicate increased financial leverage or higher borrowing costs.
Detailed definition
The portion of the company's total interest expense allocated to the Mid East segment's operations. This reflects the co...
Peer comparison
Common in companies that allocate corporate debt costs to operating segments.
Metric ID:
nvr_segment_mid_east_consolidated_interest_expenseHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $43.70M | $51.38M | $39.02M |
| YoY Change | — | +17.6% | -24.1% |
Range$39.02M – $51.38M
CAGR-5.5%
Avg YoY Growth-3.2%
Median YoY Growth-3.2%
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Frequently Asked Questions
- What is NVR's mid east — consolidated interest expense?
- NVR (NVR) reported mid east — consolidated interest expense of $9.76M in Q4 2023.
- How has NVR's mid east — consolidated interest expense changed year-over-year?
- NVR's mid east — consolidated interest expense decreased by 24.1% year-over-year, from $12.85M to $9.76M.
- What is the long-term trend for NVR's mid east — consolidated interest expense?
- Over 2 years (2021 to 2023), NVR's mid east — consolidated interest expense has grown at a -5.5% compound annual growth rate (CAGR), from $43.70M to $39.02M.
- What does mid east — consolidated interest expense mean?
- The interest cost attributed to the Mid East segment's debt and capital usage.