Prenetics Interest Expense from 2010 to 2024

PRE Stock  USD 4.50  0.01  0.22%   
Prenetics Global's Interest Expense is increasing over the years with slightly volatile fluctuation. Overall, Interest Expense is expected to go to about 234.2 K 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
2000-03-31
Previous Quarter
16.3 K
Current Value
27.5 K
Quarterly Volatility
4.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Prenetics Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prenetics Global's main balance sheet or income statement drivers, such as Interest Expense of 234.2 K, Total Revenue of 20.7 M or Gross Profit of 8.4 M, as well as many indicators such as Price To Sales Ratio of 2.9, Dividend Yield of 0.0 or PTB Ratio of 0.31. Prenetics financial statements analysis is a perfect complement when working with Prenetics Global Valuation or Volatility modules.
  
Check out the analysis of Prenetics Global Correlation against competitors.
For information on how to trade Prenetics Stock refer to our How to Trade Prenetics Stock guide.

Latest Prenetics Global's Interest Expense Growth Pattern

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

Prenetics Interest Expense Regression Statistics

Arithmetic Mean327,597
Geometric Mean0.00
Coefficient Of Variation310.57
Mean Deviation488,954
Median69,390
Standard Deviation1,017,431
Sample Variance1T
Range4M
R-Value0.37
Mean Square Error962.3B
R-Squared0.14
Significance0.17
Slope84,148
Total Sum of Squares14.5T

Prenetics Interest Expense History

2024234.2 K
2023119.7 K
2022M
2021228.2 K
202059.6 K
201669.4 K

About Prenetics Global Financial Statements

Prenetics Global stakeholders use historical fundamental indicators, such as Prenetics Global's Interest Expense, to determine how well the company is positioned to perform in the future. Although Prenetics Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in Prenetics Global's assets and liabilities are reflected in the revenues and expenses on Prenetics Global'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 Prenetics Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense119.7 K234.2 K

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 Prenetics Global is a strong investment it is important to analyze Prenetics Global'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 Prenetics Global's future performance. For an informed investment choice regarding Prenetics Stock, refer to the following important reports:
Check out the analysis of Prenetics Global Correlation against competitors.
For information on how to trade Prenetics Stock refer to our How to Trade Prenetics Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Reinsurance 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 Prenetics Global. If investors know Prenetics 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 Prenetics Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.47)
Revenue Per Share
1.878
Quarterly Revenue Growth
0.043
Return On Assets
(0.10)
Return On Equity
(0.22)
The market value of Prenetics Global is measured differently than its book value, which is the value of Prenetics that is recorded on the company's balance sheet. Investors also form their own opinion of Prenetics Global's value that differs from its market value or its book value, called intrinsic value, which is Prenetics Global'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 Prenetics Global's market value can be influenced by many factors that don't directly affect Prenetics Global'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 Prenetics Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prenetics Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prenetics Global'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.