Newegg Interest Expense from 2010 to 2024

NEGG Stock  USD 0.58  0.01  2.63%   
Newegg Commerce's Interest Expense is decreasing over the last several years with stable swings. Interest Expense is predicted to flatten to about 2.4 M. 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
2009-03-31
Previous Quarter
1.6 M
Current Value
1.6 M
Quarterly Volatility
38.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Newegg Commerce financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newegg Commerce's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.1 M, Interest Expense of 2.4 M or Selling General Administrative of 201.9 M, as well as many indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0 or PTB Ratio of 4.08. Newegg financial statements analysis is a perfect complement when working with Newegg Commerce Valuation or Volatility modules.
  
Check out the analysis of Newegg Commerce Correlation against competitors.
For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.

Latest Newegg Commerce's Interest Expense Growth Pattern

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

Newegg Interest Expense Regression Statistics

Arithmetic Mean13,847,419
Geometric Mean632,868
Coefficient Of Variation363.90
Mean Deviation24,282,344
Median561,970
Standard Deviation50,390,589
Sample Variance2539.2T
Range195.9M
R-Value(0.17)
Mean Square Error2652.8T
R-Squared0.03
Significance0.54
Slope(1,948,477)
Total Sum of Squares35549T

Newegg Interest Expense History

20242.4 M
20232.5 M
2022685 K
2021612 K
2020664 K
20192.9 M
2018562 K

About Newegg Commerce Financial Statements

Newegg Commerce stakeholders use historical fundamental indicators, such as Newegg Commerce's Interest Expense, to determine how well the company is positioned to perform in the future. Although Newegg Commerce investors may analyze each financial statement separately, they are all interrelated. For example, changes in Newegg Commerce's assets and liabilities are reflected in the revenues and expenses on Newegg Commerce'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 Newegg Commerce. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense2.5 M2.4 M

Currently Active Assets on Macroaxis

When determining whether Newegg Commerce is a strong investment it is important to analyze Newegg Commerce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newegg Commerce's future performance. For an informed investment choice regarding Newegg Stock, refer to the following important reports:
Check out the analysis of Newegg Commerce Correlation against competitors.
For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Computer & Electronics Retail 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 Newegg Commerce. If investors know Newegg 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 Newegg Commerce 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
(0.41)
Earnings Share
(0.15)
Revenue Per Share
3.588
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.10)
The market value of Newegg Commerce is measured differently than its book value, which is the value of Newegg that is recorded on the company's balance sheet. Investors also form their own opinion of Newegg Commerce's value that differs from its market value or its book value, called intrinsic value, which is Newegg Commerce'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 Newegg Commerce's market value can be influenced by many factors that don't directly affect Newegg Commerce'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 Newegg Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newegg Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newegg Commerce'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.