Daqo New Energy (DQ) Interest Expenses (2009 - 2022)
Daqo New Energy's (DQ) quarterly Interest Expenses came in at -$3.7 million in Q2 2022, up 73.68% year-over-year from -$2.1 million in Q2 2021, and down 150.48% quarter-over-quarter from -$1.5 million in Q1 2022.
Analysis
Daqo New Energy (DQ) Interest Expenses (2009 - 2022) Analysis & Trends
Daqo New Energy has disclosed Interest Expenses across 14 years of filings, most recently posting -$3.7 million for Q2 2022.
- In Q2 2022, Interest Expenses rose 73.68% year-over-year to -$3.7 million; the TTM figure through Jun 2022 stood at -$28.6 million (up 18.29% YoY), while the FY2021 annual figure was -$20.5 million, up 20.38% from the prior year.
- Interest Expenses came in at -$3.7 million for Q2 2022 at Daqo New Energy, down from -$1.5 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of -$1.5 million in Q1 2022 to a low of -$21.5 million in Q3 2021.
- Average Interest Expenses over 5 years is -$5.4 million, with a median of -$3.7 million recorded in 2018.
- Year-over-year, Interest Expenses sank 294.78% in 2021 and soared 80.54% in 2022.
- Over 5 years, Interest Expenses stood at -$1.9 million in 2018, then sank by 108.14% to -$3.9 million in 2019, then slumped by 104.95% to -$8.1 million in 2020, then jumped by 75.18% to -$2.0 million in 2021, then slumped by 83.67% to -$3.7 million in 2022.
- Per Business Quant data, the three most recent Interest Expenses figures were -$3.7 million in Q2 2022, -$1.5 million in Q1 2022, and -$2.0 million in Q4 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | LyondellBasell Industries | 41.13 Bn | 38.50 Bn | 2.04 Bn | 138.00 Mn |
| 2 | Westlake | 9.05 Bn | 7.20 Bn | 652.00 Mn | 55.00 Mn |
| 3 | Celanese | 5.08 Bn | 3.72 Bn | 618.00 Mn | 186.00 Mn |
| 4 | Methanex | 4.57 Bn | 4.18 Bn | 638.01 Mn | -53.57 Mn |
| 5 | Chemours | 2.28 Bn | 1.61 Bn | 286.00 Mn | 68.00 Mn |
| 6 | Olin | 1.95 Bn | 1.78 Bn | 170.20 Mn | 44.30 Mn |
| 7 | Sino Green Land | 1.85 Bn | 1.85 Bn | -78,936.00 | 26,077.00 |
| 8 | Braskem | 1.65 Bn | -541.37 Mn | - | - |
| 9 | Ecovyst | 1.09 Bn | 997.78 Mn | 49.85 Mn | 3.46 Mn |
| 10 | Daqo New Energy | 782.96 Mn | -22.35 Mn | -82.71 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | -3.68 Mn |
| Mar 31, 2022 | -1.47 Mn |
| Dec 31, 2021 | -2.00 Mn |
| Sep 30, 2021 | -21.47 Mn |
| Jun 30, 2021 | -13.97 Mn |
| Mar 31, 2021 | -7.54 Mn |
| Dec 31, 2020 | -8.07 Mn |
| Sep 30, 2020 | -5.44 Mn |
| Jun 30, 2020 | -6.65 Mn |
| Mar 31, 2020 | -6.29 Mn |
| Dec 31, 2019 | -3.94 Mn |
| Sep 30, 2019 | -2.55 Mn |
| Jun 30, 2019 | -1.89 Mn |
| Mar 31, 2019 | -2.02 Mn |
| Dec 31, 2018 | -1.89 Mn |
| Sep 30, 2018 | -2.13 Mn |
| Jun 30, 2018 | -3.08 Mn |
| Mar 31, 2018 | -3.66 Mn |
| Dec 31, 2017 | -3.70 Mn |
| Sep 30, 2017 | -4.05 Mn |