Modular Medical (MODD) Interest Expenses (2011 - 2022)

Modular Medical (MODD) reported Interest Expenses of $547312.0 for Q1 2022, up 1375.73% on a YoY basis from $37087.6 in Q1 2021, and down 45.82% quarter-over-quarter from $1.0 million in Q4 2021.

Modular Medical (MODD) Interest Expenses (2011 - 2022) Analysis & Trends

Modular Medical has reported Interest Expenses for 6 years, with the latest figure at $547312.0 in Q1 2022.

  • For the quarter ending Q1 2022, Interest Expenses rose 1375.73% year-over-year to $547312.0; the trailing twelve-month figure through Dec 2022 stood at $547312.0 (down 74.69% YoY), and the FY2022 full-year result was $2.8 million, up 6816.71% from the prior year.
  • Interest Expenses for Q1 2022 stood at $547312.0, down from $1.0 million in the prior quarter.
  • The five-year high for Interest Expenses was $1.0 million in Q4 2021, with the low at -$42902.0 in Q1 2021.
  • Historically, Interest Expenses has averaged $387933.1 across 3 years, with a median of $508877.0 in 2021.
  • Annual changes were most pronounced in 2021 — Interest Expenses jumped 32436.14% — and 2022, when it soared 1375.73%.
  • Modular Medical's Interest Expenses stood at $3105.0 in 2020, then jumped by 32436.14% to $1.0 million in 2021, then slumped by 45.82% to $547312.0 in 2022.
  • The last three Interest Expenses figures came in at $547312.0 (Q1 2022), $1.0 million (Q4 2021), and $685793.0 (Q3 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 174.00 Mn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 148.00 Mn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 181.00 Mn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 90.00 Mn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn -
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -97.17 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn -
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 96.00 Mn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 15.10 Mn
10 Modular Medical 9.83 Mn 6.89 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2022 547,312.00
Mar 31, 2022 547,312.00
Dec 31, 2021 1.01 Mn
Dec 31, 2021 1.01 Mn
Sep 30, 2021 685,793.00
Sep 30, 2021 685,793.00
Jun 30, 2021 508,877.00
Jun 30, 2021 508,877.00
Mar 31, 2021 -42,902.00
Mar 31, 2021 -42,902.00
Dec 31, 2020 3,105.00
Dec 31, 2020 3,105.00
Sep 30, 2020 3,100.00
Sep 30, 2020 3,100.00
Mar 31, 2013 2,506.00
Mar 31, 2013 2,506.00
Dec 31, 2012 2,430.00
Dec 31, 2012 2,430.00
Sep 30, 2012 2,286.00
Sep 30, 2012 2,286.00