Veracyte (VCYT) Interest Expenses (2013 - 2021)
Veracyte (VCYT) reported Interest Expenses of $63,000 for Q2 2021, down 3.1% from $65,000 a year earlier but up 18.9% from the prior quarter.
Veracyte (VCYT) Interest Expenses (2013 - 2021) Analysis & Trends
Over the twelve months ended Jun 30, 2021, Veracyte's Interest Expenses came in at $225,000, down 13.1% year-over-year; for FY2020, it was $229,000, down 66.2% from FY2019.
- Interest Expenses has declined for three consecutive years, with a five-year compound annual growth rate of -9.5% (FY2015 to FY2020).
- By year, Interest Expenses came in at $677,000 in FY2019 (-65.5%), $1.96 million in FY2018 (-60.3%), $4.94 million in FY2017 (+79.2%) and $2.76 million in FY2016 (+629.4%).
- Five-year quarterly Interest Expenses spans a low of $53,000 in Q1 2021 and a high of $2.52 million in Q4 2017.
- Year over year, Interest Expenses has now declined in each of the last 14 quarters, with an average decline of 46.6% over the last eight quarters.
- The high point for year-over-year Interest Expenses in five years was Q3 2016 (growth of 768.5%); the low point was Q3 2019 (a decline of 88.4%).
- Per Business Quant data, the three quarters before Q2 2021 came in at $53,000 (Q1 2021), $54,000 (Q4 2020) and $55,000 (Q3 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 101.22 Bn | 97.23 Bn | - | 599.00 Mn |
| 2 | Natera | 59.29 Bn | 54.98 Bn | 485.19 Mn | 890,000.00 |
| 3 | Quest Diagnostics | 26.56 Bn | 24.69 Bn | 1.03 Bn | 68.00 Mn |
| 4 | Labcorp Holdings | 26.41 Bn | 24.16 Bn | 1.11 Bn | 61.10 Mn |
| 5 | Tenet Healthcare | 22.49 Bn | 11.49 Bn | - | 204.00 Mn |
| 6 | Guardant Health | 22.12 Bn | 18.19 Bn | 219.03 Mn | 1.35 Mn |
| 7 | BrightSpring Health Services | 12.91 Bn | 11.24 Bn | 492.75 Mn | 36.88 Mn |
| 8 | Fresenius Medical Care AG | 12.56 Bn | 4.51 Bn | 1.52 Bn | 113.39 Mn |
| 9 | Tempus AI | 12.17 Bn | 9.20 Bn | 246.50 Mn | 10.28 Mn |
| 10 | Veracyte | 3.70 Bn | 2.46 Bn | 108.55 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2021 | 63,000.00 |
| Mar 31, 2021 | 53,000.00 |
| Dec 31, 2020 | 54,000.00 |
| Sep 30, 2020 | 55,000.00 |
| Jun 30, 2020 | 65,000.00 |
| Mar 31, 2020 | 55,000.00 |
| Dec 31, 2019 | 81,000.00 |
| Sep 30, 2019 | 58,000.00 |
| Jun 30, 2019 | 235,000.00 |
| Mar 31, 2019 | 303,000.00 |
| Dec 31, 2018 | 536,000.00 |
| Sep 30, 2018 | 498,000.00 |
| Jun 30, 2018 | 481,000.00 |
| Mar 31, 2018 | 448,000.00 |
| Dec 31, 2017 | 2.52 Mn |
| Sep 30, 2017 | 815,000.00 |
| Jun 30, 2017 | 808,000.00 |
| Mar 31, 2017 | 800,000.00 |
| Dec 31, 2016 | 806,000.00 |
| Sep 30, 2016 | 799,000.00 |
Veracyte Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=VCYT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "VCYT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=VCYT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();