Wix.com (WIX) Interest Expenses (2017 - 2020)
Wix.com (WIX) posted Interest Expenses of -$10.2 million for Q4 2020, down 39.19% sequentially from -$7.3 million in Q3 2020, and down 297.88% YoY from $5.1 million in Q1 2020.
Wix.com (WIX) Interest Expenses (2017 - 2020) Analysis & Trends
Wix.com (WIX) has 4 years of Interest Expenses data on file, last reported at -$10.2 million in Q4 2020.
- Quarterly Interest Expenses fell 297.88% year-over-year to -$10.2 million in Q4 2020, while the trailing twelve-month figure through Sep 2021 was -$10.2 million (up 15.67% YoY) and the FY2020 annual result came in at -$19.6 million, down 442.67% from the prior year.
- Interest Expenses declined to -$10.2 million in Q4 2020 per WIX's latest filing, from -$7.3 million in the prior quarter.
- The five-year high for Interest Expenses was $1.5 million in Q2 2018, with the low at -$10.2 million in Q4 2020.
- Average Interest Expenses over 4 years is -$2.1 million, with a median of -$1.7 million recorded in 2018.
- Year-over-year, Interest Expenses slumped 1241.09% in 2019 and surged 166.18% in 2020.
- Wix.com's Interest Expenses stood at -$1.1 million in 2017, then slumped by 47.81% to -$1.7 million in 2018, then tumbled by 51.24% to -$2.6 million in 2019, then plunged by 297.88% to -$10.2 million in 2020.
- Business Quant data shows WIX's Interest Expenses at -$10.2 million in Q4 2020, -$7.3 million in Q3 2020, and -$3.3 million in Q2 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 778.00 Mn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 1.44 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | - |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | - |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 7.55 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 4.20 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 2.56 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 162.72 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | - |
| 10 | Wix.com | 5.77 Bn | 4.10 Bn | 353.37 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | -10.16 Mn |
| Dec 31, 2020 | -10.16 Mn |
| Sep 30, 2020 | -7.30 Mn |
| Sep 30, 2020 | -7.30 Mn |
| Jun 30, 2020 | -3.34 Mn |
| Jun 30, 2020 | -3.34 Mn |
| Mar 31, 2020 | 1.15 Mn |
| Mar 31, 2020 | 1.15 Mn |
| Dec 31, 2019 | -2.55 Mn |
| Dec 31, 2019 | -2.55 Mn |
| Sep 30, 2019 | 1.24 Mn |
| Sep 30, 2019 | 1.24 Mn |
| Jun 30, 2019 | -580,000.00 |
| Jun 30, 2019 | -580,000.00 |
| Mar 31, 2019 | -1.73 Mn |
| Mar 31, 2019 | -1.73 Mn |
| Dec 31, 2018 | -1.69 Mn |
| Dec 31, 2018 | -1.69 Mn |
| Sep 30, 2018 | -2.51 Mn |
| Sep 30, 2018 | -2.51 Mn |