CBAK Energy Technology (CBAT) Short term Debt (2011 - 2024)
CBAK Energy Technology (CBAT) posted Short term Debt of $2.8 million for Q3 2024, up 3.55% sequentially from $2.7 million in Q2 2024, and down 53.45% YoY from $6.0 million in Q4 2023.
CBAK Energy Technology (CBAT) Short term Debt (2011 - 2024) Analysis & Trends
CBAK Energy Technology has reported Short term Debt for 12 years, with the latest figure at $2.8 million in Q3 2024.
- Quarterly Short term Debt fell 53.45% year-over-year to $2.8 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $2.8 million (down 53.45% YoY) and the FY2023 annual result came in at $20.1 million, up 136.47% from the prior year.
- Short term Debt grew to $2.8 million in Q3 2024 per CBAT's latest filing, from $2.7 million in the prior quarter.
- Over five years, Short term Debt peaked at $26.8 million in Q2 2023 and troughed at $139681.0 in Q1 2020.
- A 5-year average of $9.2 million and a median of $6.0 million in 2023 frame the typical range for Short term Debt.
- The sharpest annual moves came in 2020 and 2022: Short term Debt slumped 99.09% in 2020, then jumped 11356.09% in 2022.
- Over 5 years, Short term Debt stood at $151476.0 in 2020, then jumped by 824.24% to $1.4 million in 2021, then surged by 507.14% to $8.5 million in 2022, then surged by 136.47% to $20.1 million in 2023, then sank by 86.11% to $2.8 million in 2024.
- According to Business Quant data, Short term Debt over the past three periods registered $2.8 million, $2.7 million, and $21.2 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn |
| 10 | CBAK Energy Technology | 74.09 Mn | -24.50 Mn | 1.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 2.79 Mn |
| Jun 30, 2024 | 2.70 Mn |
| Mar 31, 2024 | 21.20 Mn |
| Dec 31, 2023 | 20.10 Mn |
| Sep 30, 2023 | 6.00 Mn |
| Jun 30, 2023 | 26.81 Mn |
| Mar 31, 2023 | 18.63 Mn |
| Dec 31, 2022 | 8.50 Mn |
| Sep 30, 2022 | 17.57 Mn |
| Jun 30, 2022 | 16.88 Mn |
| Mar 31, 2022 | 14.67 Mn |
| Dec 31, 2021 | 1.40 Mn |
| Sep 30, 2021 | 153,402.00 |
| Jun 30, 2021 | 153,118.00 |
| Mar 31, 2021 | 13.69 Mn |
| Dec 31, 2020 | 151,476.00 |
| Sep 30, 2020 | 3.09 Mn |
| Jun 30, 2020 | 139,974.00 |
| Mar 31, 2020 | 139,681.00 |
| Dec 31, 2019 | 16.57 Mn |