Vulcan Infrastructure & Power (VIP) Interest Expenses (2020 - 2024)
Vulcan Infrastructure & Power (VIP) recorded Interest Expenses of $1.8 million in Q1 2024, down 49.9% from $3.6 million a year earlier and down 39.4% from the prior quarter.
Vulcan Infrastructure & Power (VIP) Interest Expenses (2020 - 2024) Analysis & Trends
On a TTM basis, Vulcan Infrastructure & Power's Interest Expenses came in at $10.93 million as of Mar 31, 2024, down 50.0% year-over-year; for FY2023, it was $12.7 million, down 41.2% from FY2022.
- Annual Interest Expenses has a three-year compound annual growth rate of 176.6% (FY2020 to FY2023).
- Across earlier years, Interest Expenses came in at $21.6 million in FY2022 (+483.8%), $3.7 million in FY2021 (+516.7%) and $600,000 in FY2020.
- The Q1 2024 figure is the lowest quarterly Interest Expenses since Q3 2021.
- On a year-over-year basis, Interest Expenses has declined for four consecutive quarters, with growth averaging 57.4% over the last seven quarters.
- Peak year-over-year performance for Interest Expenses in the last five years was growth of 438.2% in Q3 2022, against a decline of 55.0% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.98 million (Q4 2023), $3.04 million (Q3 2023) and $3.11 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,809.31 Bn | 3,732.47 Bn | 60.48 Bn | 839.00 Mn |
| 2 | International Business Machines | 207.26 Bn | 158.16 Bn | 9.91 Bn | 486.00 Mn |
| 3 | Cloudflare | 111.87 Bn | 95.40 Bn | 499.52 Mn | 3.09 Mn |
| 4 | Equinix | 99.81 Bn | 88.37 Bn | 1.40 Bn | 151.00 Mn |
| 5 | Nebius | 59.68 Bn | 33.11 Bn | 448.70 Mn | -119.10 Mn |
| 6 | CoreWeave | 48.00 Bn | 35.10 Bn | 1.70 Bn | - |
| 7 | Verisign | 25.49 Bn | 22.71 Bn | 384.60 Mn | 19.20 Mn |
| 8 | Nutanix | 19.05 Bn | 10.74 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.27 Bn | 8.68 Bn | 613.75 Mn | 9.08 Mn |
| 10 | Vulcan Infrastructure & Power | 29.19 Mn | -8.21 Mn | -4.78 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.80 Mn |
| Dec 31, 2023 | 2.98 Mn |
| Sep 30, 2023 | 3.04 Mn |
| Jun 30, 2023 | 3.11 Mn |
| Mar 31, 2023 | 3.60 Mn |
| Dec 31, 2022 | 5.90 Mn |
| Sep 30, 2022 | 5.43 Mn |
| Jun 30, 2022 | 6.91 Mn |
| Mar 31, 2022 | 3.40 Mn |
| Dec 31, 2021 | 2.30 Mn |
| Sep 30, 2021 | 1.01 Mn |
| Jun 30, 2021 | 202,000.00 |
| Mar 31, 2021 | 200,000.00 |
| Dec 31, 2020 | 600,000.00 |
Vulcan Infrastructure & Power 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=VIP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "VIP", "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=VIP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();