Discontinued — last reported Q3 '22
Current Liabilities
Accrued interest
Steel Dynamics Accrued interest increased by 91.3% to $33.54M in Q3 2022 compared to the prior quarter. Year-over-year, this metric declined by 0.0%, from $33.54M to $33.54M.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ3 2022Oct 26, 2022
How to read this metric
An increase typically tracks with the total debt load and the timing of interest payment cycles.
Detailed definition
Accrued interest represents the interest expense that has accumulated on debt obligations but has not yet reached its sc...
Peer comparison
Comparable across companies with similar capital structures and debt maturity profiles.
Metric ID:
accrued_interestHistorical Data
6 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|---|
| Value | $17.54M | $33.54M | $17.53M | $33.54M | $17.53M | $33.54M |
| QoQ Change | — | +91.3% | -47.7% | +91.3% | -47.7% | +91.3% |
| YoY Change | — | — | — | — | -0.0% | -0.0% |
Range$17.53M – $33.54M
CAGR+68.0%
Avg YoY Growth-0.0%
Median YoY Growth-0.0%
Accrued interest at Other Companies
Frequently Asked Questions
- What is Steel Dynamics's accrued interest?
- Steel Dynamics (STLD) reported accrued interest of $33.54M in Q3 2022.
- How has Steel Dynamics's accrued interest changed year-over-year?
- Steel Dynamics's accrued interest decreased by 0.0% year-over-year, from $33.54M to $33.54M.
- What does accrued interest mean?
- Interest that has built up on debt but has not been paid yet.