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| Date | Value |
|---|---|
| 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 |