CBAK Energy Technology (CBAT) Interest Expenses (2018 - 2021)
CBAK Energy Technology's (CBAT) quarterly Interest Expenses came in at $213583.0 in Q1 2021, down 50.11% year-over-year from $428083.0 in Q1 2020, and down 58.89% quarter-over-quarter from $519554.0 in Q4 2020.
Analysis
CBAK Energy Technology (CBAT) Interest Expenses (2018 - 2021) Analysis & Trends
CBAK Energy Technology has disclosed Interest Expenses across 4 years of filings, most recently posting $213583.0 for Q1 2021.
- In Q1 2021, Interest Expenses fell 50.11% year-over-year to $213583.0; the TTM figure through Mar 2021 stood at $1.5 million (down 21.4% YoY), while the FY2020 annual figure was $1.7 million, down 25.43% from the prior year.
- Interest Expenses came in at $213583.0 for Q1 2021 at CBAK Energy Technology, down from $519554.0 in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $659709.0 in Q4 2019 to a low of $170089.0 in Q1 2018.
- Average Interest Expenses over 4 years is $443098.6, with a median of $428083.0 recorded in 2020.
- Year-over-year, Interest Expenses surged 124.16% in 2019 and tumbled 50.11% in 2021.
- Over 4 years, Interest Expenses stood at $636862.0 in 2018, then rose by 3.59% to $659709.0 in 2019, then fell by 21.24% to $519554.0 in 2020, then sank by 58.89% to $213583.0 in 2021.
- Per Business Quant data, the three most recent Interest Expenses figures were $213583.0 in Q1 2021, $519554.0 in Q4 2020, and $402268.0 in Q3 2020.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.53 Bn | 6.00 Bn | 313.36 Mn | 10.60 Mn |
| 2 | QuantumScape | 3.23 Bn | 3.23 Bn | - | 466,000.00 |
| 3 | Eos Energy Enterprises | 1.43 Bn | 1.08 Bn | -48.80 Mn | 11.97 Mn |
| 4 | Fluence Energy | 1.40 Bn | 839.06 Mn | 33.24 Mn | - |
| 5 | Energy Vault Holdings | 764.95 Mn | 657.60 Mn | 5.38 Mn | 4.19 Mn |
| 6 | Enovix | 695.93 Mn | 695.93 Mn | 1.30 Mn | 6.52 Mn |
| 7 | Amprius Technologies | 466.27 Mn | 391.76 Mn | 9.28 Mn | - |
| 8 | Electrovaya | 265.14 Mn | 252.06 Mn | 6.19 Mn | 383,000.00 |
| 9 | Microvast Holdings | 218.97 Mn | 75.84 Mn | 25.78 Mn | 1.33 Mn |
| 10 | CBAK Energy Technology | 90.59 Mn | -8.01 Mn | 1.04 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2021 | 213,583.00 |
| Dec 31, 2020 | 519,554.00 |
| Sep 30, 2020 | 402,268.00 |
| Jun 30, 2020 | 391,155.00 |
| Mar 31, 2020 | 428,083.00 |
| Dec 31, 2019 | 659,709.00 |
| Sep 30, 2019 | 485,179.00 |
| Jun 30, 2019 | 369,250.00 |
| Mar 31, 2019 | 381,275.00 |
| Dec 31, 2018 | 636,862.00 |
| Sep 30, 2018 | 537,033.00 |
| Jun 30, 2018 | 566,242.00 |
| Mar 31, 2018 | 170,089.00 |