Sndl (SNDL) Operating Interest Expenses (2020 - 2023)
Sndl's (SNDL) quarterly Operating Interest Expenses came in at -$1.2 million in Q4 2023, up 75.48% on a YoY basis from -$665139.0 in Q4 2022, and up 26.95% quarter-over-quarter from -$1.6 million in Q3 2023.
Analysis
Sndl (SNDL) Operating Interest Expenses (2020 - 2023) Analysis & Trends
Sndl (SNDL) has reported Operating Interest Expenses for 4 consecutive years, with -$1.2 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Operating Interest Expenses rose 75.48% year-over-year to -$1.2 million; the trailing twelve-month figure through Dec 2023 stood at -$8.4 million (up 73.64% YoY), and the FY2023 full-year result was -$8.4 million, up 73.5% from the prior year.
- Operating Interest Expenses rose to -$1.2 million in Q4 2023 per SNDL's latest filing, from -$1.6 million in the prior quarter.
- Across five years, Operating Interest Expenses topped out at $6.1 million in Q3 2020 and bottomed at -$20.8 million in Q2 2022.
- Historically, Operating Interest Expenses has averaged -$3.4 million across 4 years, with a median of -$2.3 million in 2021.
- The widest YoY moves for Operating Interest Expenses: up 91.2% in 2023, down 8045.62% in 2023.
- Over 4 years, Operating Interest Expenses stood at -$3.8 million in 2020, then increased by 26.61% to -$2.8 million in 2021, then slumped by 69.97% to -$4.8 million in 2022, then jumped by 75.48% to -$1.2 million in 2023.
- According to Business Quant data, Operating Interest Expenses over the past three periods registered -$1.2 million, -$1.6 million, and -$1.8 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Interest Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | - |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | - |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | - |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | - |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | - |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | - |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | - |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | - |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | - |
| 10 | Sndl | 362.57 Mn | 230.02 Mn | 40.74 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -1.17 Mn |
| Sep 30, 2023 | -1.60 Mn |
| Jun 30, 2023 | -1.83 Mn |
| Mar 31, 2023 | -3.83 Mn |
| Dec 31, 2022 | -4.76 Mn |
| Sep 30, 2022 | -6.45 Mn |
| Jun 30, 2022 | -20.79 Mn |
| Mar 31, 2022 | 48,158.00 |
| Dec 31, 2021 | -2.80 Mn |
| Sep 30, 2021 | -107,245.26 |
| Dec 31, 2020 | -3.82 Mn |
| Sep 30, 2020 | 6.11 Mn |