CBAK Energy Technology (CBAT) Interest Expenses (2018 - 2021)
CBAK Energy Technology (CBAT) recorded Interest Expenses of $221,181 in Q1 2021, down 73.2% from $825,289 a year earlier and down 70.4% from the prior quarter.
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Analysis
CBAK Energy Technology (CBAT) Interest Expenses (2018 - 2021) Analysis & Trends
On a TTM basis, CBAK Energy Technology's Interest Expenses came in at $2.51 million as of Mar 31, 2021, down 27.1% year-over-year; for FY2020, it was $3.11 million, down 15.5% from FY2019.
- Annual Interest Expenses has a three-year compound annual growth rate of 133.3% (FY2017 to FY2020).
- Across earlier years, Interest Expenses came in at $3.68 million in FY2019 (+18.5%), $3.1 million in FY2018 and $245,015 in FY2017.
- The Q1 2021 figure is the lowest quarterly Interest Expenses since Q1 2018.
- On a year-over-year basis, Interest Expenses has declined for three consecutive quarters, with an average decline of 6.9% over the last eight quarters.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 292.9% in Q1 2019, against a decline of 73.2% in Q1 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $747,619 (Q4 2020), $760,007 (Q3 2020) and $776,363 (Q2 2020).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | -73.00 Mn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 8.91 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 5.56 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 5.28 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 16.79 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 10.60 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 327,000.00 |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 8.40 Mn |
| 10 | CBAK Energy Technology | 117.90 Mn | 41.10 Mn | 1.04 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2021 | 221,181.00 |
| Dec 31, 2020 | 747,619.00 |
| Sep 30, 2020 | 760,007.00 |
| Jun 30, 2020 | 776,363.00 |
| Mar 31, 2020 | 825,289.00 |
| Dec 31, 2019 | 1.07 Mn |
| Sep 30, 2019 | 809,701.00 |
| Jun 30, 2019 | 731,232.00 |
| Mar 31, 2019 | 668,275.00 |
| Dec 31, 2018 | 865,497.00 |
| Sep 30, 2018 | 836,624.00 |
| Jun 30, 2018 | 702,318.00 |
| Mar 31, 2018 | 170,089.00 |
API Access
CBAK Energy Technology Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=CBAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "CBAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=CBAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();