Optimum Communications (OPTU) Interest Expenses (2016 - 2022)
Optimum Communications (OPTU) reported Interest Expenses of $303.4 million for Q1 2022, down 4.09% on a YoY basis from $316.3 million in Q1 2021, and down 2.75% quarter-over-quarter from $311.9 million in Q4 2021.
Optimum Communications (OPTU) Interest Expenses (2016 - 2022) Analysis & Trends
Optimum Communications has reported Interest Expenses for 7 years, with the latest figure at $303.4 million in Q1 2022.
- For the quarter ending Q1 2022, Interest Expenses fell 4.09% year-over-year to $303.4 million; the trailing twelve-month figure through Dec 2022 stood at $303.4 million (down 76.05% YoY), and the FY2021 full-year result was $1.3 billion, down 6.34% from the prior year.
- Interest Expenses for Q1 2022 stood at $303.4 million, down from $311.9 million in the prior quarter.
- The five-year high for Interest Expenses was $398.9 million in Q4 2018, with the low at $303.4 million in Q1 2022.
- Historically, Interest Expenses has averaged $353.9 million across 5 years, with a median of $365.2 million in 2020.
- Annual changes were most pronounced in 2018 — Interest Expenses grew 7.69% — and 2020, when it slipped 17.07%.
- Optimum Communications' Interest Expenses stood at $398.9 million in 2018, then fell by 5.17% to $378.3 million in 2019, then fell by 17.07% to $313.7 million in 2020, then fell by 0.55% to $311.9 million in 2021, then slipped by 2.75% to $303.4 million in 2022.
- The last three Interest Expenses figures came in at $303.4 million (Q1 2022), $311.9 million (Q4 2021), and $319.0 million (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | -323.77 Mn |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | - |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 1.94 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 1.81 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 221.80 Mn |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 674.94 Mn |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | -3.26 Mn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | -150.00 Mn |
| 10 | Optimum Communications | 514.94 Mn | -569.13 Mn | 1.41 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 303.36 Mn |
| Mar 31, 2022 | 303.36 Mn |
| Dec 31, 2021 | 311.94 Mn |
| Dec 31, 2021 | 311.94 Mn |
| Sep 30, 2021 | 319.03 Mn |
| Sep 30, 2021 | 319.03 Mn |
| Jun 30, 2021 | 319.44 Mn |
| Jun 30, 2021 | 319.44 Mn |
| Mar 31, 2021 | 316.31 Mn |
| Mar 31, 2021 | 316.31 Mn |
| Dec 31, 2020 | 313.68 Mn |
| Dec 31, 2020 | 313.68 Mn |
| Sep 30, 2020 | 322.62 Mn |
| Sep 30, 2020 | 322.62 Mn |
| Jun 30, 2020 | 351.03 Mn |
| Jun 30, 2020 | 351.03 Mn |
| Mar 31, 2020 | 365.21 Mn |
| Mar 31, 2020 | 365.21 Mn |
| Dec 31, 2019 | 378.26 Mn |
| Dec 31, 2019 | 378.26 Mn |