Meta Platforms (META) Interest Expenses (2011 - 2013)
Meta Platforms' Interest Expenses was $6 million in Q4 2013, down 62.5% from $16 million a year earlier and down 71.4% from the prior quarter.
Analysis
Meta Platforms (META) Interest Expenses (2011 - 2013) Analysis & Trends
For FY2013, Interest Expenses at Meta Platforms came in at $56 million, up 9.8% from FY2012.
- Interest Expenses has now increased for three consecutive years, with a three-year compound annual growth rate of 36.5% (FY2010 to FY2013).
- In earlier years, Interest Expenses was $51 million in FY2012 (+21.4%), $42 million in FY2011 (+90.9%) and $22 million in FY2010.
- The Q4 2013 figure marks the lowest quarterly Interest Expenses in data going back to Q2 2011.
- Compared with a year earlier, Interest Expenses was higher in five of the last seven quarters, with growth averaging 15.0%.
- Per Business Quant data, META's Interest Expenses in the three quarters before Q4 2013 was $21 million (Q3 2013), $14 million (Q2 2013) and $15 million (Q1 2013).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,273.02 Bn | 4,030.55 Bn | 73.85 Bn | - |
| 2 | Meta Platforms | 1,882.67 Bn | 1,585.19 Bn | 49.47 Bn | - |
| 3 | Netflix | 292.72 Bn | 252.92 Bn | 6.52 Bn | 175.69 Mn |
| 4 | Alibaba Group Holding | 258.66 Bn | 82.26 Bn | 15.11 Bn | -345.42 Mn |
| 5 | Shopify | 221.29 Bn | 198.47 Bn | 1.71 Bn | - |
| 6 | Uber Technologies | 145.86 Bn | 117.84 Bn | 6.38 Bn | 127.00 Mn |
| 7 | Booking Holdings | 120.48 Bn | 53.53 Bn | - | 300.00 Mn |
| 8 | PDD Holdings | 115.79 Bn | -126.92 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 108.98 Bn | 66.21 Bn | 1.86 Bn | -24.41 Mn |
| 10 | Airbnb | 97.86 Bn | 51.09 Bn | 2.98 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2013 | 6.00 Mn |
| Sep 30, 2013 | 21.00 Mn |
| Jun 30, 2013 | 14.00 Mn |
| Mar 31, 2013 | 15.00 Mn |
| Dec 31, 2012 | 16.00 Mn |
| Sep 30, 2012 | 11.00 Mn |
| Jun 30, 2012 | 10.00 Mn |
| Mar 31, 2012 | 13.00 Mn |
| Dec 31, 2011 | 16.00 Mn |
| Sep 30, 2011 | 10.00 Mn |
| Jun 30, 2011 | 9.00 Mn |
API Access
Meta Platforms 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=META&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "META", "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=META&period=max&api_key=YOUR_API_KEY");
const data = await res.json();