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-over-year from $1.6 million in Q2 2020, and up 18.26% quarter-over-quarter 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.
- In Q2 2021, Interest Expenses rose 77.73% year-over-year to $2.8 million; the TTM figure through Aug 2022 stood at $2.8 million (down 58.47% YoY), while the FY2023 annual figure was $224525.1, changed N/A from the prior year.
- Interest Expenses advanced to $2.8 million in Q2 2021 per OGI's latest filing, from $2.4 million in the prior quarter.
- Across five years, Interest Expenses topped out at $4.3 million in Q1 2019 and bottomed at $282989.2 in Q2 2019.
- Historically, Interest Expenses has averaged $2.2 million across 4 years, with a median of $2.0 million in 2020.
- Annual changes were most pronounced in 2019 — Interest Expenses tumbled 93.35% — and 2020, when it soared 461.49%.
- Organigram Global's Interest Expenses stood at $4.2 million in 2018, then plunged 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.
- Business Quant data shows OGI's Interest Expenses at $2.8 million in Q2 2021, $2.4 million in Q1 2021, and $1.6 million in Q4 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.76 Bn | 42.79 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.38 Bn | 39.73 Bn | 2.15 Bn | - |
| 3 | Zoetis | 31.61 Bn | 29.93 Bn | 1.05 Bn | - |
| 4 | Takeda Pharmaceutical | 28.64 Bn | 22.84 Bn | 5.10 Bn | -400.56 Mn |
| 5 | United Therapeutics | 22.20 Bn | 19.54 Bn | 683.80 Mn | 2.90 Mn |
| 6 | Viatris | 18.82 Bn | 17.93 Bn | 1.46 Bn | 120.70 Mn |
| 7 | Neurocrine Biosciences | 15.67 Bn | 15.28 Bn | 935.80 Mn | 2.90 Mn |
| 8 | Elanco Animal Health | 12.11 Bn | 11.58 Bn | 798.00 Mn | 59.00 Mn |
| 9 | Dr Reddys Laboratories | 10.10 Bn | 9.94 Bn | - | - |
| 10 | Organigram Global | 152.57 Mn | 152.45 Mn | 28.97 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Nov 30, 2021 | 83,000.00 |
| Nov 30, 2021 | 83,000.00 |
| 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 |