CBAK Energy Technology (CBAT) Interest Expenses (2018 - 2021)

CBAK Energy Technology's (CBAT) quarterly Interest Expenses came in at $7598.0 in Q1 2021, down 98.09% year-on-year from $397206.0 in Q1 2020, and down 96.36% quarter-over-quarter from $208466.0 in Q4 2020.

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 $7598.0 for Q1 2021.

  • Interest Expenses for Q1 2021 came in at $7598.0, down 98.09% year-over-year; the trailing twelve-month figure through Dec 2021 was $7598.0 (down 99.44% YoY), and the FY2020 annual result was $1.4 million, down 39.0% from the prior year.
  • Interest Expenses came in at $7598.0 for Q1 2021 at CBAK Energy Technology, down from $208466.0 in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $1.3 million in Q4 2019 to a low of $7598.0 in Q1 2021.
  • The 4-year median for Interest Expenses is $357739.0 (2020), against an average of $390374.7.
  • Across the five-year window, Interest Expenses soared 477.31% in 2019 and tumbled 98.09% in 2021, its largest moves.
  • CBAK Energy Technology's Interest Expenses stood at $228635.0 in 2018, then jumped by 477.31% to $1.3 million in 2019, then sank by 84.21% to $208466.0 in 2020, then plunged by 96.36% to $7598.0 in 2021.
  • The last three Interest Expenses figures came in at $7598.0 (Q1 2021), $208466.0 (Q4 2020), and $357739.0 (Q3 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn -4.40 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 8.60 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 1.30 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn -
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 4.10 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn -
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 451,000.00
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn -
10 CBAK Energy Technology - - 1.04 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2021 7,598.00
Mar 31, 2021 7,598.00
Dec 31, 2020 208,466.00
Dec 31, 2020 208,466.00
Sep 30, 2020 357,739.00
Sep 30, 2020 357,739.00
Jun 30, 2020 385,208.00
Jun 30, 2020 385,208.00
Mar 31, 2020 397,206.00
Mar 31, 2020 397,206.00
Dec 31, 2019 1.32 Mn
Dec 31, 2019 1.32 Mn
Sep 30, 2019 485,179.00
Sep 30, 2019 485,179.00
Jun 30, 2019 361,982.00
Jun 30, 2019 361,982.00
Mar 31, 2019 287,000.00
Mar 31, 2019 287,000.00
Dec 31, 2018 228,635.00
Dec 31, 2018 228,635.00