GeneDx Holdings (WGS) Non Operating Interest Expenses (2020 - 2023)
GeneDx Holdings (WGS) recorded Non Operating Interest Expenses of $626,000 in Q2 2023, down 20.8% from $790,000 a year earlier and down 18.4% from the prior quarter.
GeneDx Holdings (WGS) Non Operating Interest Expenses (2020 - 2023) Analysis & Trends
On a TTM basis, GeneDx Holdings' Non Operating Interest Expenses came in at $3 million as of Jun 30, 2023, up 0.5% year-over-year; for FY2022, it came in at $3.21 million, up 13.1% from FY2021.
- Annual Non Operating Interest Expenses has increased for three straight years, with a three-year compound annual growth rate of 60.0% (FY2019 to FY2022).
- Across earlier years, Non Operating Interest Expenses came in at $2.84 million in FY2021 (+14.6%), $2.47 million in FY2020 (+216.0%) and $783,000 in FY2019.
- The Q2 2023 figure is the lowest quarterly Non Operating Interest Expenses in data going back to Q3 2020.
- On a year-over-year basis, Non Operating Interest Expenses rose in six of the last eight quarters, with growth averaging 5.4%.
- Peak year-over-year performance for Non Operating Interest Expenses in the last five years was growth of 18.0% in Q3 2022, against a decline of 20.8% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $767,000 (Q1 2023), $803,000 (Q4 2022) and $806,000 (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 100.51 Bn | 96.52 Bn | - | 599.00 Mn |
| 2 | Natera | 57.27 Bn | 52.95 Bn | 485.19 Mn | 890,000.00 |
| 3 | Quest Diagnostics | 26.09 Bn | 24.22 Bn | 1.03 Bn | - |
| 4 | Labcorp Holdings | 26.08 Bn | 23.83 Bn | 1.11 Bn | 61.10 Mn |
| 5 | Tenet Healthcare | 22.29 Bn | 11.30 Bn | - | 204.00 Mn |
| 6 | Guardant Health | 21.03 Bn | 17.09 Bn | 219.03 Mn | 1.35 Mn |
| 7 | Fresenius Medical Care AG | 12.78 Bn | 4.73 Bn | 1.52 Bn | 113.39 Mn |
| 8 | BrightSpring Health Services | 12.65 Bn | 10.98 Bn | 492.75 Mn | 36.88 Mn |
| 9 | Davita | 12.13 Bn | 9.34 Bn | 1.16 Bn | 150.26 Mn |
| 10 | GeneDx Holdings | 1.96 Bn | 1.33 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 Non Operating 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=non-operating-interest-expenses&ticker=WGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-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=non-operating-interest-expenses&ticker=WGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();