Taoping (TAOP) Interest Expenses (2011 - 2020)
Taoping (TAOP) posted quarterly Interest Expenses of $33494.0 for Q2 2023, down 99.6% year-over-year from $8.4 million in Q2 2022, and down 32.66% quarter-over-quarter from $49742.0 in Q4 2022.
Analysis
Taoping (TAOP) Interest Expenses (2011 - 2020) Analysis & Trends
Taoping (TAOP) has reported Interest Expenses for 12 consecutive years, with $33494.0 the latest figure, recorded in Q2 2023.
- In Q2 2023, Interest Expenses fell 99.6% year-over-year to $33494.0; the TTM figure through Dec 2024 stood at $100658.0 (down 36.91% YoY), while the FY2025 annual figure was $978900.0, up 112.55% from the prior year.
- Interest Expenses eased to $33494.0 in Q2 2023 per TAOP's latest filing, from $49742.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $9.4 million in Q2 2021 and bottomed at $33494.0 in Q2 2023.
- Historically, Interest Expenses has averaged $3.6 million across 5 years, with a median of $4.1 million in 2019.
- Annual changes were most pronounced in 2019 — Interest Expenses jumped 4112.86% — and 2023, when it tumbled 99.6%.
- Taoping's Interest Expenses stood at $4.2 million in 2019, then slumped by 96.61% to $143587.0 in 2020, then soared by 397.54% to $714400.0 in 2021, then plunged by 93.04% to $49742.0 in 2022, then plunged by 32.66% to $33494.0 in 2023.
- Business Quant data shows TAOP's Interest Expenses at $33494.0 in Q2 2023, $49742.0 in Q4 2022, and $8.4 million in Q2 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,718.29 Bn | 3,585.54 Bn | 60.48 Bn | 839.00 Mn |
| 2 | Oracle | 452.14 Bn | 420.24 Bn | - | 1.44 Bn |
| 3 | Palantir Technologies | 418.25 Bn | 408.84 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 265.90 Bn | 262.79 Bn | 2.03 Bn | - |
| 5 | CrowdStrike Holdings | 217.15 Bn | 212.14 Bn | 1.10 Bn | 6.05 Mn |
| 6 | Fortinet | 114.54 Bn | 110.47 Bn | 1.64 Bn | 3.20 Mn |
| 7 | Cloudflare | 98.54 Bn | 94.37 Bn | 499.52 Mn | 3.09 Mn |
| 8 | Synopsys | 75.44 Bn | 71.83 Bn | 1.80 Bn | 133.23 Mn |
| 9 | Block | 49.56 Bn | 43.13 Bn | 3.17 Bn | - |
| 10 | Taoping | 165,895.85 | -12.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2020 | 286,761.00 |
| Dec 31, 2018 | -100,658.00 |
| Sep 30, 2018 | -139,290.00 |
| Jun 30, 2018 | -119,599.00 |
| Mar 31, 2018 | -124,856.00 |
| Sep 30, 2017 | -119,193.00 |
| Jun 30, 2017 | -112,780.00 |
| Mar 31, 2017 | -112,360.00 |
| Dec 31, 2016 | -904,171.00 |
| Sep 30, 2016 | 105,083.00 |
| Dec 31, 2013 | -2.91 Mn |
| Dec 31, 2012 | -2.64 Mn |
| Sep 30, 2012 | -1.21 Mn |
| Dec 31, 2011 | 527,806.00 |