Airgain (AIRG) Interest Expenses (2015 - 2023)
Airgain's (AIRG) quarterly Interest Expenses came in at -$7000.0 in Q4 2023, down 136.84% on a YoY basis from $19000.0 in Q4 2022, and down 800.0% quarter-over-quarter from $1000.0 in Q3 2023.
Analysis
Airgain (AIRG) Interest Expenses (2015 - 2023) Analysis & Trends
Airgain (AIRG) has reported Interest Expenses for 9 consecutive years, with -$7000.0 the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Interest Expenses fell 136.84% year-over-year to -$7000.0; the trailing twelve-month figure through Dec 2023 stood at $9000.0 (down 84.48% YoY), and the FY2024 full-year result was $27000.0, up 200.0% from the prior year.
- Interest Expenses retreated to -$7000.0 in Q4 2023 per AIRG's latest filing, from $1000.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $23000.0 in Q4 2021 and bottomed at -$7000.0 in Q4 2023.
- Historically, Interest Expenses has averaged $8187.5 across 5 years, with a median of $8500.0 in 2020.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses soared 800.0% in 2022, then slumped 136.84% in 2023.
- Over 5 years, Interest Expenses stood at $4000.0 in 2019, then jumped by 100.0% to $8000.0 in 2020, then soared by 187.5% to $23000.0 in 2021, then dropped by 17.39% to $19000.0 in 2022, then slumped by 136.84% to -$7000.0 in 2023.
- According to Business Quant data, Interest Expenses over the past three periods registered -$7000.0, $1000.0, and $11000.0 for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 430.90 Bn | 415.39 Bn | 11.06 Bn | 373.00 Mn |
| 2 | Ciena | 45.56 Bn | 42.93 Bn | 759.27 Mn | 5.80 Mn |
| 3 | Ubiquiti | 35.05 Bn | 34.43 Bn | 429.25 Mn | - |
| 4 | Ericsson Lm Telephone | 34.05 Bn | 14.63 Bn | 2.58 Bn | - |
| 5 | Applied Optoelectronics | 8.91 Bn | 8.41 Bn | 53.21 Mn | 927,000.00 |
| 6 | Amdocs | 6.75 Bn | 6.58 Bn | 467.16 Mn | - |
| 7 | Extreme Networks | 2.85 Bn | 2.64 Bn | 210.49 Mn | 3.52 Mn |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 1.61 Mn |
| 9 | Nextnav | 2.54 Bn | 2.54 Bn | -905,000.00 | - |
| 10 | Airgain | 68.65 Mn | 61.04 Mn | 5.79 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -7,000.00 |
| Sep 30, 2023 | 1,000.00 |
| Jun 30, 2023 | 11,000.00 |
| Mar 31, 2023 | 4,000.00 |
| Dec 31, 2022 | 19,000.00 |
| Sep 30, 2022 | 9,000.00 |
| Jun 30, 2022 | 15,000.00 |
| Mar 31, 2022 | 15,000.00 |
| Dec 31, 2021 | 23,000.00 |
| Sep 30, 2021 | 1,000.00 |
| Jun 30, 2021 | 9,000.00 |
| Mar 31, 2021 | 7,000.00 |
| Dec 31, 2020 | 8,000.00 |
| Jun 30, 2020 | 11,000.00 |
| Dec 31, 2019 | 4,000.00 |
| Mar 31, 2019 | 1,000.00 |
| Dec 31, 2018 | 1,000.00 |
| Sep 30, 2018 | 6,000.00 |
| Jun 30, 2018 | 10,000.00 |
| Mar 31, 2018 | 13,904.00 |