Neogen (NEOG) Interest Expenses (2021 - 2024)
Neogen (NEOG) posted Interest Expenses of $10.8 million for Q2 2024, up 2.76% on a QoQ basis from $10.5 million in Q1 2024, and up 9.28% year-over-year from $9.9 million in Q2 2023.
Analysis
Neogen (NEOG) Interest Expenses (2021 - 2024) Analysis & Trends
Neogen has reported Interest Expenses for 4 years, with the latest figure at $10.8 million in Q2 2024.
- On a quarterly basis, Interest Expenses rose 9.28% year-over-year to $10.8 million in Q2 2024; TTM through May 2024 was $42.2 million, a 54.66% increase from a year earlier, with the FY2026 full-year figure at $24.1 million, down 36.75% from the prior year.
- Interest Expenses was $10.8 million for Q2 2024 at Neogen, up from $10.5 million in the prior quarter.
- The five-year high for Interest Expenses was $10.8 million in Q2 2024, with the low at $48000.0 in Q1 2022.
- Average Interest Expenses over 4 years is $6.3 million, with a median of $9.1 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses sank 47.25% in 2022, then surged 18766.67% in 2023.
- Over 4 years, Interest Expenses stood at $221000.0 in 2021, then surged by 3499.55% to $8.0 million in 2022, then advanced by 29.06% to $10.3 million in 2023, then grew by 5.06% to $10.8 million in 2024.
- The last three Interest Expenses figures came in at $10.8 million (Q2 2024), $10.5 million (Q1 2024), and $10.3 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.54 Bn | 27.44 Bn | 2.18 Bn | 114.00 Mn |
| 2 | Lantheus Holdings | 6.56 Bn | 5.97 Bn | 241.86 Mn | 4.92 Mn |
| 3 | Heartflow | 4.04 Bn | 3.66 Bn | 53.19 Mn | - |
| 4 | Neogen | 2.59 Bn | 2.41 Bn | 107.80 Mn | - |
| 5 | Butterfly Network | 1.96 Bn | 1.84 Bn | 23.29 Mn | 3.59 Mn |
| 6 | Ceribell | 928.74 Mn | 799.48 Mn | 25.94 Mn | 438,000.00 |
| 7 | QuidelOrtho | 866.04 Mn | 742.64 Mn | - | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 5.80 Mn |
| 9 | Prenetics Global | 339.99 Mn | 280.94 Mn | 30.20 Mn | - |
| 10 | CapsoVision | 318.60 Mn | 309.52 Mn | 1.87 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2024 | 10.79 Mn |
| Feb 29, 2024 | 10.50 Mn |
| Nov 30, 2023 | 10.27 Mn |
| Aug 31, 2023 | 10.60 Mn |
| May 31, 2023 | 9.87 Mn |
| Feb 28, 2023 | 9.06 Mn |
| Nov 30, 2022 | 7.96 Mn |
| Aug 31, 2022 | 372,000.00 |
| Feb 28, 2022 | 48,000.00 |
| Aug 31, 2021 | 221,000.00 |
| Feb 28, 2021 | 91,000.00 |