Amgen Interest Expense from 2010 to 2026

AMG Stock  EUR 316.30  3.10  0.97%   
Amgen's Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is predicted to flatten to about 1.4 B. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2016-12-31
Previous Quarter
685 M
Current Value
653 M
Quarterly Volatility
198.7 M
 
Covid
 
Interest Hikes
Check Amgen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Amgen's main balance sheet or income statement drivers, such as Interest Expense of 1.4 B, Selling General Administrative of 6.1 B or Total Revenue of 28.5 B, as well as many indicators such as . Amgen financial statements analysis is a perfect complement when working with Amgen Valuation or Volatility modules.
  
This module can also supplement various Amgen Technical models . Check out the analysis of Amgen Correlation against competitors.
The Interest Expense trend for Amgen Inc offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Amgen is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Amgen's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Amgen Inc over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Amgen's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Amgen's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Amgen Interest Expense Regression Statistics

Arithmetic Mean984,490,686
Geometric Mean0.00
Coefficient Of Variation113.31
Mean Deviation926,579,469
Median1,197,000,000
Standard Deviation1,115,497,695
Sample Variance1244335.1T
Range3.2B
R-Value0.85
Mean Square Error362001.2T
R-Squared0.73
Significance0.000014
Slope188,384,150
Total Sum of Squares19909361.7T

Amgen Interest Expense History

20261.4 B
20252.8 B
20243.2 B
20232.9 B
20221.4 B
20211.2 B
20201.3 B

About Amgen Financial Statements

Amgen stakeholders use historical fundamental indicators, such as Amgen's Interest Expense, to determine how well the company is positioned to perform in the future. Although Amgen investors may analyze each financial statement separately, they are all interrelated. For example, changes in Amgen's assets and liabilities are reflected in the revenues and expenses on Amgen's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Amgen Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense2.8 B1.4 B

Currently Active Assets on Macroaxis

When determining whether Amgen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amgen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amgen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amgen Inc Stock:
Check out the analysis of Amgen Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Understanding that Amgen's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Amgen represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Amgen's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.