Boxlight (BOXL) Interest Expenses (2016 - 2024)
Boxlight (BOXL) posted quarterly Interest Expenses of $2.6 million for Q1 2024, up 6.54% year-over-year from $2.4 million in Q2 2023, and little changed on a QoQ basis from $2.6 million in Q4 2023.
Boxlight (BOXL) Interest Expenses (2016 - 2024) Analysis & Trends
Boxlight (BOXL) has reported Interest Expenses for 9 consecutive years, with $2.6 million the latest figure, recorded in Q1 2024.
- In Q1 2024, Interest Expenses rose 6.54% year-over-year to $2.6 million; the TTM figure through Dec 2024 stood at $2.6 million (down 75.95% YoY), while the FY2023 annual figure was $10.8 million, up 9.24% from the prior year.
- Interest Expenses came in at $2.6 million for Q1 2024 at Boxlight, roughly flat from $2.6 million in the prior quarter.
- The five-year high for Interest Expenses was $3.0 million in Q3 2023, with the low at $459000.0 in Q1 2020.
- Average Interest Expenses over 5 years is $1.7 million, with a median of $2.3 million recorded in 2022.
- Across the five-year window, Interest Expenses sank 38.96% in 2021 and soared 255.21% in 2022, its largest moves.
- Year by year, Interest Expenses stood at $1.2 million in 2020, then tumbled by 38.96% to $730000.0 in 2021, then jumped by 255.21% to $2.6 million in 2022, then climbed by 0.96% to $2.6 million in 2023, then retreated by 0.42% to $2.6 million in 2024.
- According to Business Quant data, Interest Expenses over the past three periods registered $2.6 million, $2.6 million, and $3.0 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,319.52 Bn | 4,251.01 Bn | 54.78 Bn | - |
| 2 | Sonos | 1.61 Bn | 1.36 Bn | 124.65 Mn | 104,000.00 |
| 3 | Zepp Health | 1.32 Bn | -101.84 Bn | 19.44 Mn | -1.65 Mn |
| 4 | Vuzix | 214.94 Mn | 193.79 Mn | 375,000.00 | - |
| 5 | UTime | 79.34 Mn | 37.42 Mn | - | - |
| 6 | Universal Electronics | 59.18 Mn | 29.36 Mn | 20.60 Mn | - |
| 7 | Axil Brands | 44.10 Mn | 38.58 Mn | 5.04 Mn | 1,435.00 |
| 8 | Foxx Development Holdings | 23.69 Mn | 20.50 Mn | -1.45 Mn | 2.30 Mn |
| 9 | Fenbo Holdings | 10.51 Mn | 7.81 Mn | - | - |
| 10 | Boxlight | 2.55 Mn | -4.35 Mn | 6.94 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 2.61 Mn |
| Mar 31, 2024 | 2.61 Mn |
| Dec 31, 2023 | 2.62 Mn |
| Dec 31, 2023 | 2.62 Mn |
| Sep 30, 2023 | 2.99 Mn |
| Sep 30, 2023 | 2.99 Mn |
| Jun 30, 2023 | 2.79 Mn |
| Jun 30, 2023 | 2.79 Mn |
| Mar 31, 2023 | 2.45 Mn |
| Mar 31, 2023 | 2.45 Mn |
| Dec 31, 2022 | 2.59 Mn |
| Dec 31, 2022 | 2.59 Mn |
| Sep 30, 2022 | 2.60 Mn |
| Sep 30, 2022 | 2.60 Mn |
| Jun 30, 2022 | 2.42 Mn |
| Jun 30, 2022 | 2.42 Mn |
| Mar 31, 2022 | 2.32 Mn |
| Mar 31, 2022 | 2.32 Mn |
| Dec 31, 2021 | 730,000.00 |
| Dec 31, 2021 | 730,000.00 |