GeneDx Holdings (WGS) Interest Expenses (2020 - 2023)
GeneDx Holdings (WGS) posted Interest Expenses of $626,000 for Q2 2023, down 20.8% from $790,000 a year earlier and down 18.4% from the prior quarter.
GeneDx Holdings (WGS) Interest Expenses (2020 - 2023) Analysis & Trends
For the trailing twelve months through Jun 30, 2023, Interest Expenses at GeneDx Holdings was $3 million, up 0.5% year-over-year; for FY2022, it came in at $3.21 million, up 13.1% from FY2021.
- Annual Interest Expenses has increased for three consecutive years, with a three-year compound annual growth rate of 60.0% (FY2019 to FY2022).
- In prior years, GeneDx Holdings' Interest Expenses was $2.84 million in FY2021 (+14.6%), $2.47 million in FY2020 (+216.0%) and $783,000 in FY2019.
- The Q2 2023 figure stands as the lowest quarterly Interest Expenses in data going back to Q3 2020.
- On a year-over-year basis, Interest Expenses increased in six of the last eight quarters, with growth averaging 5.4%.
- The strongest year-over-year quarter for Interest Expenses in the past five years was Q3 2022, with growth of 18.0%; the weakest was Q2 2023, with a decline of 20.8%.
- According to Business Quant data, Interest Expenses for the three prior quarters was $767,000 (Q1 2023), $803,000 (Q4 2022) and $806,000 (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.50 Bn | 98.51 Bn | - | 599.00 Mn |
| 2 | Natera | 58.05 Bn | 53.74 Bn | 485.19 Mn | 890,000.00 |
| 3 | Labcorp Holdings | 26.39 Bn | 24.13 Bn | 1.11 Bn | 61.10 Mn |
| 4 | Quest Diagnostics | 26.28 Bn | 24.41 Bn | 1.03 Bn | 68.00 Mn |
| 5 | Tenet Healthcare | 22.71 Bn | 11.72 Bn | - | 204.00 Mn |
| 6 | Guardant Health | 21.59 Bn | 17.65 Bn | 219.03 Mn | 1.35 Mn |
| 7 | BrightSpring Health Services | 12.87 Bn | 11.21 Bn | 492.75 Mn | 36.88 Mn |
| 8 | Fresenius Medical Care AG | 12.49 Bn | 4.44 Bn | 1.52 Bn | 113.39 Mn |
| 9 | Encompass Health | 12.04 Bn | 11.70 Bn | - | 32.80 Mn |
| 10 | GeneDx Holdings | 2.05 Bn | 1.42 Bn | 78.24 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 626,000.00 |
| Mar 31, 2023 | 767,000.00 |
| Dec 31, 2022 | 803,000.00 |
| Sep 30, 2022 | 806,000.00 |
| Jun 30, 2022 | 790,000.00 |
| Mar 31, 2022 | 808,000.00 |
| Dec 31, 2021 | 707,000.00 |
| Sep 30, 2021 | 683,000.00 |
| Jun 30, 2021 | 722,000.00 |
| Mar 31, 2021 | 723,000.00 |
| Dec 31, 2020 | 648,000.00 |
| Sep 30, 2020 | 637,000.00 |
GeneDx Holdings 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=WGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "WGS", "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=WGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();