Growth Metrics

CBAK Energy Technology (CBAT) Interest Expenses (2017 - 2021)

Historic Interest Expenses for CBAK Energy Technology (CBAT) over the last 8 years, with Q1 2021 value amounting to $213583.0.

  • CBAK Energy Technology's Interest Expenses fell 5010.71% to $213583.0 in Q1 2021 from the same period last year, while for Dec 2021 it was $213583.0, marking a year-over-year decrease of 8773.26%. This contributed to the annual value of $1.7 million for FY2020, which is 2543.15% down from last year.
  • According to the latest figures from Q1 2021, CBAK Energy Technology's Interest Expenses is $213583.0, which was down 5010.71% from $519554.0 recorded in Q4 2020.
  • Over the past 5 years, CBAK Energy Technology's Interest Expenses peaked at $8.3 million during Q4 2017, and registered a low of $170089.0 during Q1 2018.
  • Moreover, its 5-year median value for Interest Expenses was $456631.0 (2019), whereas its average is $1.0 million.
  • Per our database at Business Quant, CBAK Energy Technology's Interest Expenses tumbled by 9233.4% in 2018 and then surged by 12416.21% in 2019.
  • Quarter analysis of 5 years shows CBAK Energy Technology's Interest Expenses stood at $8.3 million in 2017, then tumbled by 92.33% to $636862.0 in 2018, then increased by 3.59% to $659709.0 in 2019, then dropped by 21.24% to $519554.0 in 2020, then tumbled by 58.89% to $213583.0 in 2021.
  • Its Interest Expenses was $213583.0 in Q1 2021, compared to $519554.0 in Q4 2020 and $402268.0 in Q3 2020.