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
DateValue
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