Daqo New Energy (DQ) Interest Expenses (2009 - 2021)
Daqo New Energy (DQ) posted Interest Expenses of -$6.4 million for Q3 2021, up 11.14% sequentially from -$7.2 million in Q2 2021, and down 18.04% YoY from -$7.8 million in Q3 2020.
Daqo New Energy (DQ) Interest Expenses (2009 - 2021) Analysis & Trends
Daqo New Energy (DQ) has 13 years of Interest Expenses data on file, last reported at -$6.4 million in Q3 2021.
- Quarterly Interest Expenses fell 18.04% year-over-year to -$6.4 million in Q3 2021, while the trailing twelve-month figure through Jun 2022 was -$6.4 million (up 77.67% YoY) and the FY2021 annual result came in at $20.5 million, down 20.38% from the prior year.
- Interest Expenses grew to -$6.4 million in Q3 2021 per DQ's latest filing, from -$7.2 million in the prior quarter.
- The five-year high for Interest Expenses was -$1.9 million in Q2 2019, with the low at -$8.3 million in Q4 2020.
- Average Interest Expenses over 5 years is -$4.6 million, with a median of -$4.0 million recorded in 2017.
- Year-over-year, Interest Expenses surged 48.91% in 2018 and slumped 252.2% in 2020.
- Daqo New Energy's Interest Expenses stood at -$3.7 million in 2017, then surged by 48.91% to -$1.9 million in 2018, then plunged by 108.14% to -$3.9 million in 2019, then sank by 109.71% to -$8.3 million in 2020, then increased by 22.23% to -$6.4 million in 2021.
- Business Quant data shows DQ's Interest Expenses at -$6.4 million in Q3 2021, -$7.2 million in Q2 2021, and -$7.8 million in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Applied Materials | 516.82 Bn | 510.08 Bn | 3.95 Bn | 69.00 Mn |
| 2 | Lam Research | 488.97 Bn | 484.22 Bn | 2.91 Bn | - |
| 3 | Kla | 348.47 Bn | 343.51 Bn | 2.09 Bn | 70.42 Mn |
| 4 | Teradyne | 66.84 Bn | 66.60 Bn | 780.95 Mn | 3.15 Mn |
| 5 | Qnity Electronics | 32.19 Bn | 32.35 Bn | 618.00 Mn | 61.00 Mn |
| 6 | Entegris | 25.16 Bn | 24.72 Bn | 380.80 Mn | 48.90 Mn |
| 7 | Amkor Technology | 19.80 Bn | 17.99 Bn | 239.03 Mn | 17.71 Mn |
| 8 | Formfactor | 11.45 Bn | 11.15 Bn | 86.79 Mn | - |
| 9 | ACM Research | 7.71 Bn | 7.32 Bn | 107.24 Mn | 1.93 Mn |
| 10 | Daqo New Energy | 859.36 Mn | 1.09 Bn | -139.37 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2021 | -6.42 Mn |
| Sep 30, 2021 | -6.42 Mn |
| Jun 30, 2021 | -7.22 Mn |
| Jun 30, 2021 | -7.22 Mn |
| Mar 31, 2021 | -7.83 Mn |
| Mar 31, 2021 | -7.83 Mn |
| Dec 31, 2020 | -8.25 Mn |
| Dec 31, 2020 | -8.25 Mn |
| Sep 30, 2020 | -5.44 Mn |
| Sep 30, 2020 | -5.44 Mn |
| Jun 30, 2020 | -6.65 Mn |
| Jun 30, 2020 | -6.65 Mn |
| Mar 31, 2020 | -6.29 Mn |
| Mar 31, 2020 | -6.29 Mn |
| Dec 31, 2019 | -3.94 Mn |
| Dec 31, 2019 | -3.94 Mn |
| Sep 30, 2019 | -2.55 Mn |
| Sep 30, 2019 | -2.55 Mn |
| Jun 30, 2019 | -1.89 Mn |
| Jun 30, 2019 | -1.89 Mn |