Concentrix Interest Expense from 2010 to 2024

CNXC Stock  USD 44.77  1.05  2.40%   
Concentrix's Interest Expense is increasing over the years with slightly volatile fluctuation. Overall, Interest Expense is expected to go to about 242.7 M this year. 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
2019-11-30
Previous Quarter
82.5 M
Current Value
80.8 M
Quarterly Volatility
28.1 M
 
Covid
Check Concentrix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Concentrix's main balance sheet or income statement drivers, such as Tax Provision of 107.3 M, Depreciation And Amortization of 290.5 M or Interest Expense of 242.7 M, as well as many indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.006 or PTB Ratio of 2.66. Concentrix financial statements analysis is a perfect complement when working with Concentrix Valuation or Volatility modules.
  
Check out the analysis of Concentrix Correlation against competitors.
For information on how to trade Concentrix Stock refer to our How to Trade Concentrix Stock guide.

Latest Concentrix's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Concentrix over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Concentrix's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Concentrix'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  

Concentrix Interest Expense Regression Statistics

Arithmetic Mean74,325,395
Geometric Mean47,538,321
Coefficient Of Variation108.86
Mean Deviation62,635,380
Median24,020,000
Standard Deviation80,913,235
Sample Variance6547T
Range219.7M
R-Value0.78
Mean Square Error2749.7T
R-Squared0.61
Significance0.0006
Slope14,130,850
Total Sum of Squares91657.3T

Concentrix Interest Expense History

2024242.7 M
2023231.2 M
2022201 M
202170.1 M
202023 M
201948.3 M
201892.2 M

About Concentrix Financial Statements

Concentrix stakeholders use historical fundamental indicators, such as Concentrix's Interest Expense, to determine how well the company is positioned to perform in the future. Although Concentrix investors may analyze each financial statement separately, they are all interrelated. For example, changes in Concentrix's assets and liabilities are reflected in the revenues and expenses on Concentrix'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 Concentrix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense231.2 M242.7 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Concentrix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Concentrix'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 Concentrix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Concentrix Stock:
Check out the analysis of Concentrix Correlation against competitors.
For information on how to trade Concentrix Stock refer to our How to Trade Concentrix Stock guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Data Processing & Outsourced Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Concentrix. If investors know Concentrix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Concentrix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.83)
Dividend Share
1.21
Earnings Share
3.02
Revenue Per Share
146.1
Quarterly Revenue Growth
0.462
The market value of Concentrix is measured differently than its book value, which is the value of Concentrix that is recorded on the company's balance sheet. Investors also form their own opinion of Concentrix's value that differs from its market value or its book value, called intrinsic value, which is Concentrix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Concentrix's market value can be influenced by many factors that don't directly affect Concentrix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Concentrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Concentrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Concentrix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.