Organigram Global (OGI) Interest Expenses (2018 - 2021)

Organigram Global (OGI) posted quarterly Interest Expenses of $2.8 million for Q2 2021, up 77.73% year-on-year from $1.6 million in Q2 2020, and up 18.26% on a QoQ basis from $2.4 million in Q1 2021.

Organigram Global (OGI) Interest Expenses (2018 - 2021) Analysis & Trends

Organigram Global (OGI) has reported Interest Expenses for 4 consecutive years, with $2.8 million the latest figure, recorded in Q2 2021.

  • Quarterly Interest Expenses rose 77.73% year-over-year to $2.8 million in Q2 2021, while the trailing twelve-month figure through Aug 2022 was $2.8 million (down 58.47% YoY) and the FY2023 annual result came in at $223248.4, changed N/A from the prior year.
  • Interest Expenses rose to $2.8 million in Q2 2021 per OGI's latest filing, from $2.4 million in the prior quarter.
  • Over the last five years, Interest Expenses for OGI reached as high as $4.3 million in Q1 2019 and fell as low as $282989.2 in Q2 2019.
  • A 4-year average of $2.2 million and a median of $2.0 million in 2020 frame the typical range for Interest Expenses.
  • Annual changes were most pronounced in 2019 — Interest Expenses tumbled 93.35% — and 2020, when it surged 461.49%.
  • Year by year, Interest Expenses stood at $4.2 million in 2018, then sank by 85.84% to $593769.9 in 2019, then jumped by 167.44% to $1.6 million in 2020, then jumped by 77.83% to $2.8 million in 2021.
  • According to Business Quant data, Interest Expenses over the past three periods registered $2.8 million, $2.4 million, and $1.6 million for Q2 2021, Q1 2021, and Q4 2020 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn -
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 62.00 Mn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 944.51 Mn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 1.77 Bn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - 2.17 Bn
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 1.21 Bn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 590.20 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 57.00 Mn
10 Organigram Global 89.89 Mn 122.96 Mn 28.97 Mn -

Historic Data

Download Data
DateValue
May 31, 2021 2.82 Mn
May 31, 2021 2.82 Mn
Feb 28, 2021 2.39 Mn
Feb 28, 2021 2.39 Mn
Nov 30, 2020 1.59 Mn
Nov 30, 2020 1.59 Mn
Aug 31, 2020 711,429.17
Aug 31, 2020 711,429.17
May 31, 2020 1.59 Mn
May 31, 2020 1.59 Mn
Feb 29, 2020 1.97 Mn
Feb 29, 2020 1.97 Mn
Aug 31, 2019 593,769.85
Aug 31, 2019 593,769.85
May 31, 2019 282,989.18
May 31, 2019 282,989.18
Feb 28, 2019 4.31 Mn
Feb 28, 2019 4.31 Mn
Nov 30, 2018 4.19 Mn
Nov 30, 2018 4.19 Mn