CBAK Energy Technology (CBAT) Operating Interest Expenses (2018 - 2021)
CBAK Energy Technology's Operating Interest Expenses came in at $7,598 for Q1 2021, down 98.2% from $428,083 a year earlier and down 96.7% from the prior quarter.
CBAK Energy Technology (CBAT) Operating Interest Expenses (2018 - 2021) Analysis & Trends
Over the trailing twelve months to Mar 31, 2021, CBAK Energy Technology reported Operating Interest Expenses of $978,610, down 35.9% year-over-year; for FY2020, it was $1.4 million, up 1.0% from FY2019.
- Operating Interest Expenses has increased in each of the last three years, with a three-year compound annual growth rate of 78.7% (FY2017 to FY2020).
- Going back by year, Operating Interest Expenses was $1.38 million in FY2019 (+66.0%), $834,391 in FY2018 (+240.5%) and $245,015 in FY2017.
- The Q1 2021 figure represents the lowest quarterly Operating Interest Expenses in data going back to Q1 2018.
- Year-over-year, Operating Interest Expenses increased in six of the last eight quarters, with growth averaging 22.2%.
- The fastest year-over-year change in Operating Interest Expenses over five years came in Q2 2019 (growth of 166.0%), and the weakest in Q1 2021 (a decline of 98.2%).
- Business Quant data shows CBAT's Operating Interest Expenses at $228,065 (Q4 2020), $357,739 (Q3 2020) and $385,208 (Q2 2020) in the three quarters before Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Interest Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | - |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | - |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | - |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | - |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | - |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | - |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | - |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | - |
| 10 | CBAK Energy Technology | 117.90 Mn | 41.10 Mn | 1.04 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2021 | 7,598.00 |
| Dec 31, 2020 | 228,065.00 |
| Sep 30, 2020 | 357,739.00 |
| Jun 30, 2020 | 385,208.00 |
| Mar 31, 2020 | 428,083.00 |
| Dec 31, 2019 | 411,400.00 |
| Sep 30, 2019 | 324,522.00 |
| Jun 30, 2019 | 361,982.00 |
| Mar 31, 2019 | 287,000.00 |
| Dec 31, 2018 | 228,635.00 |
| Sep 30, 2018 | 299,591.00 |
| Jun 30, 2018 | 136,076.00 |
| Mar 31, 2018 | 170,089.00 |
CBAK Energy Technology Operating 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=operating-interest-expenses&ticker=CBAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-interest-expenses&ticker=CBAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();