EchoStar (ECHO) Non Operating Interest Expenses (2009 - 2023)
EchoStar (ECHO) recorded Non Operating Interest Expenses of $12.65 million in Q3 2023, down 8.6% from $13.85 million a year earlier and down 4.5% from the prior quarter.
EchoStar (ECHO) Non Operating Interest Expenses (2009 - 2023) Analysis & Trends
On a TTM basis, EchoStar's Non Operating Interest Expenses came in at $53.22 million as of Sep 30, 2023, down 9.5% year-over-year; for FY2022, it was $57.17 million, down 40.1% from FY2021.
- Annual Non Operating Interest Expenses has declined for three straight years, with a five-year compound annual growth rate of -20.9% (FY2017 to FY2022).
- Across earlier years, Non Operating Interest Expenses came in at $95.51 million in FY2021 (-35.4%), $147.93 million in FY2020 (-41.1%), $251.02 million in FY2019 (+14.5%) and $219.29 million in FY2018 (+18.9%).
- The Q3 2023 figure is the lowest quarterly Non Operating Interest Expenses since Q1 2011.
- On a year-over-year basis, Non Operating Interest Expenses has declined for 15 consecutive quarters, with an average decline of 27.0% over the last eight quarters.
- Peak year-over-year performance for Non Operating Interest Expenses in the last five years was growth of 98.1% in Q4 2018, against a decline of 62.3% in Q4 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at $13.24 million (Q2 2023), $13.29 million (Q1 2023) and $14.05 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 186.37 Bn | 149.50 Bn | 27.03 Bn | 1.99 Bn |
| 2 | T-Mobile US | 172.07 Bn | 156.81 Bn | 14.76 Bn | - |
| 3 | At&T | 162.52 Bn | 94.48 Bn | 25.82 Bn | 1.88 Bn |
| 4 | Grupo Televisa, S.A.B | 155.17 Bn | 146.91 Bn | 318.12 Mn | -111.57 Mn |
| 5 | Comcast | 78.07 Bn | 42.13 Bn | - | 1.05 Bn |
| 6 | Vodafone Group Public | 38.75 Bn | 8.15 Bn | - | - |
| 7 | Chunghwa Telecom | 36.94 Bn | 28.95 Bn | 728.80 Mn | -3.33 Mn |
| 8 | EchoStar | 24.82 Bn | 15.91 Bn | 1.65 Bn | - |
| 9 | Telefonica Brasil | 20.19 Bn | 14.21 Bn | 1.42 Bn | -141.00 Mn |
| 10 | Bce | 18.89 Bn | 17.02 Bn | 3.38 Bn | 339.05 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 12.65 Mn |
| Jun 30, 2023 | 13.24 Mn |
| Mar 31, 2023 | 13.29 Mn |
| Dec 31, 2022 | 14.05 Mn |
| Sep 30, 2022 | 13.85 Mn |
| Jun 30, 2022 | 14.31 Mn |
| Mar 31, 2022 | 14.97 Mn |
| Dec 31, 2021 | 15.66 Mn |
| Sep 30, 2021 | 16.31 Mn |
| Jun 30, 2021 | 28.87 Mn |
| Mar 31, 2021 | 34.67 Mn |
| Dec 31, 2020 | 35.47 Mn |
| Sep 30, 2020 | 37.97 Mn |
| Jun 30, 2020 | 38.26 Mn |
| Mar 31, 2020 | 36.23 Mn |
| Dec 31, 2019 | 94.20 Mn |
| Sep 30, 2019 | 49.87 Mn |
| Jun 30, 2019 | 53.75 Mn |
| Mar 31, 2019 | 53.20 Mn |
| Dec 31, 2018 | 55.25 Mn |
EchoStar Non 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=non-operating-interest-expenses&ticker=ECHO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "ECHO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=ECHO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();