Opthea Interest Expense from 2010 to 2024

OPT Stock  USD 3.17  0.01  0.32%   
Opthea Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. 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
1988-12-31
Previous Quarter
10.6 M
Current Value
19.8 M
Quarterly Volatility
3.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Opthea financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Opthea's main balance sheet or income statement drivers, such as Depreciation And Amortization of 97.9 K, Interest Expense of 31.8 M or Other Operating Expenses of 201.6 M, as well as many indicators such as Price To Sales Ratio of 2.1 K, Dividend Yield of 0.0012 or Days Sales Outstanding of 36.4 K. Opthea financial statements analysis is a perfect complement when working with Opthea Valuation or Volatility modules.
  
Check out the analysis of Opthea Correlation against competitors.
For more information on how to buy Opthea Stock please use our How to Invest in Opthea guide.

Latest Opthea's Interest Expense Growth Pattern

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

Opthea Interest Expense Regression Statistics

Arithmetic Mean6,567,053
Geometric Mean0.00
Coefficient Of Variation178.79
Mean Deviation9,451,730
Median5,736
Standard Deviation11,741,555
Sample Variance137.9T
Range31.8M
R-Value0.73
Mean Square Error68.9T
R-Squared0.54
Significance0
Slope1,922,541
Total Sum of Squares1930.1T

Opthea Interest Expense History

202431.8 M
202330.3 M
202213.5 M
2021235.5 K
202021.7 M
201914.5 K
20181.1 M

About Opthea Financial Statements

Opthea shareholders use historical fundamental indicators, such as Interest Expense, to determine how well the company is positioned to perform in the future. Although Opthea investors may analyze each financial statement separately, they are all interrelated. The changes in Opthea's assets and liabilities, for example, are also reflected in the revenues and expenses on on Opthea's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Expense30.3 M31.8 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Opthea Stock Analysis

When running Opthea's price analysis, check to measure Opthea's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Opthea is operating at the current time. Most of Opthea's value examination focuses on studying past and present price action to predict the probability of Opthea's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opthea's price. Additionally, you may evaluate how the addition of Opthea to your portfolios can decrease your overall portfolio volatility.