CBAK Energy Technology (CBAT) Interest Expenses (2018 - 2021)
CBAK Energy Technology recorded quarterly Interest Expenses of $7598.0 in Q1 2021, down 96.36% quarter-over-quarter from $208466.0 in Q4 2020, and down 98.09% year-over-year from $397206.0 in Q1 2020.
CBAK Energy Technology's Interest Expenses history runs 4 years deep, the most recent figure standing at $7598.0 for Q1 2021.
- In Q1 2021, Interest Expenses fell 98.09% year-over-year to $7598.0; the TTM figure through Dec 2021 stood at $7598.0 (down 99.44% YoY), while the FY2020 annual figure 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.
- A 4-year average of $390374.7 and a median of $357739.0 in 2020 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses jumped 477.31% in 2019 and slumped 98.09% in 2021, its largest moves.
- CBAK Energy Technology's Interest Expenses stood at $228635.0 in 2018, then surged by 477.31% to $1.3 million in 2019, then plunged by 84.21% to $208466.0 in 2020, then tumbled by 96.36% to $7598.0 in 2021.
- According to Business Quant data, Interest Expenses over the past three periods registered $7598.0, $208466.0, and $357739.0 for Q1 2021, Q4 2020, and Q3 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | -4.40 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 8.60 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 1.30 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | - |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 4.10 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | - |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | - |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 12.87 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 17.35 Mn |
| 10 | CBAK Energy Technology | - | - | 1.04 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | 213,583.00 |
| Mar 31, 2021 | 213,583.00 |
| Dec 31, 2020 | 519,554.00 |
| Dec 31, 2020 | 519,554.00 |
| Sep 30, 2020 | 402,268.00 |
| Sep 30, 2020 | 402,268.00 |
| Jun 30, 2020 | 385,208.00 |
| Jun 30, 2020 | 385,208.00 |
| Mar 31, 2020 | 428,083.00 |
| Mar 31, 2020 | 428,083.00 |
| Dec 31, 2019 | 1.32 Mn |
| Dec 31, 2019 | 1.32 Mn |
| Sep 30, 2019 | 324,522.00 |
| Sep 30, 2019 | 324,522.00 |
| 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 | 636,862.00 |
| Dec 31, 2018 | 636,862.00 |
| Sep 30, 2018 | 299,591.00 |
| Sep 30, 2018 | 299,591.00 |
| Jun 30, 2018 | 566,242.00 |
| Jun 30, 2018 | 566,242.00 |
| Mar 31, 2018 | 170,089.00 |
| Mar 31, 2018 | 170,089.00 |