Forte Biosciences (FBRX) Interest Expenses (2016 - 2020)
Forte Biosciences (FBRX) reported Interest Expenses of $756,000 for Q1 2020, up 0.3% from $754,000 a year earlier and up 129.1% from the prior quarter.
Forte Biosciences (FBRX) Interest Expenses (2016 - 2020) Analysis & Trends
Over the twelve months ended Mar 31, 2020, Forte Biosciences' Interest Expenses came in at $3.82 million, up 14.6% year-over-year; for FY2019, it came in at $3.82 million, up 30.4% from FY2018.
- Interest Expenses has a four-year compound annual growth rate of 83.2% (FY2015 to FY2019).
- By year, Interest Expenses came in at $2.93 million in FY2018 (+51.7%), $1.93 million in FY2017 (-5.8%), $2.05 million in FY2016 (+505.3%) and $339,000 in FY2015.
- Five-year quarterly Interest Expenses spans a low of $330,000 in Q4 2019 and a high of $1.97 million in Q3 2019.
- Year over year, Interest Expenses gained in six of the last eight quarters, with growth averaging 60.1%.
- The high point for year-over-year Interest Expenses in five years was Q3 2019 (growth of 165.9%); the low point was Q4 2019 (a decline of 55.8%).
- Per Business Quant data, the three quarters before Q1 2020 came in at $330,000 (Q4 2019), $1.97 million (Q3 2019) and $764,000 (Q2 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 645.01 Bn | 563.54 Bn | 17.26 Bn | 281.00 Mn |
| 2 | AbbVie | 465.23 Bn | 438.39 Bn | 12.70 Bn | - |
| 3 | Merck | 368.40 Bn | 322.83 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 278.02 Bn | 233.89 Bn | 11.24 Bn | -462.00 Mn |
| 5 | Astrazeneca | 254.57 Bn | 228.13 Bn | 12.86 Bn | -435.00 Mn |
| 6 | Amgen | 229.02 Bn | 184.42 Bn | 7.24 Bn | 673.00 Mn |
| 7 | Gilead Sciences | 187.74 Bn | 161.85 Bn | 6.22 Bn | 247.00 Mn |
| 8 | Pfizer | 163.75 Bn | 110.70 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 133.45 Bn | 105.45 Bn | 2.84 Bn | - |
| 10 | Forte Biosciences | 1.58 Bn | 1.38 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 756,000.00 |
| Dec 31, 2019 | 330,000.00 |
| Sep 30, 2019 | 1.97 Mn |
| Jun 30, 2019 | 764,000.00 |
| Mar 31, 2019 | 754,000.00 |
| Dec 31, 2018 | 746,000.00 |
| Sep 30, 2018 | 742,000.00 |
| Jun 30, 2018 | 1.09 Mn |
| Mar 31, 2018 | 349,000.00 |
| Dec 31, 2017 | 391,000.00 |
| Sep 30, 2017 | 430,000.00 |
| Jun 30, 2017 | 495,000.00 |
| Mar 31, 2017 | 616,000.00 |
| Dec 31, 2016 | 533,000.00 |
| Sep 30, 2016 | 511,000.00 |
| Jun 30, 2016 | 505,000.00 |
| Mar 31, 2016 | 503,000.00 |
Forte Biosciences 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=interest-expenses&ticker=FBRX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "FBRX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=FBRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();