ChampionX Interest Expense from 2010 to 2024

CHX Stock  USD 26.29  0.50  1.94%   
ChampionX Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense will likely drop to about 33.2 M 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
2017-06-30
Previous Quarter
15.4 M
Current Value
14.1 M
Quarterly Volatility
3.9 M
 
Covid
Check ChampionX financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ChampionX's main balance sheet or income statement drivers, such as Tax Provision of 94.9 M, Depreciation And Amortization of 185.5 M or Interest Expense of 33.2 M, as well as many indicators such as Price To Sales Ratio of 2.35, Dividend Yield of 0.0108 or PTB Ratio of 1.85. ChampionX financial statements analysis is a perfect complement when working with ChampionX Valuation or Volatility modules.
  
Check out the analysis of ChampionX Correlation against competitors.
For more information on how to buy ChampionX Stock please use our How to Invest in ChampionX guide.

Latest ChampionX's Interest Expense Growth Pattern

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

ChampionX Interest Expense Regression Statistics

Arithmetic Mean20,312,147
Geometric Mean0.00
Coefficient Of Variation114.73
Mean Deviation21,487,624
Median863,000
Standard Deviation23,304,154
Sample Variance543.1T
Range54.6M
R-Value0.86
Mean Square Error152.8T
R-Squared0.74
Significance0.00004
Slope4,478,987
Total Sum of Squares7603.2T

ChampionX Interest Expense History

202433.2 M
202354.6 M
202245.2 M
202151.9 M
202051.7 M
201939.3 M
201827.4 M

About ChampionX Financial Statements

ChampionX investors use historical fundamental indicators, such as ChampionX's Interest Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ChampionX. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense54.6 M33.2 M

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Additional Tools for ChampionX Stock Analysis

When running ChampionX's price analysis, check to measure ChampionX'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 ChampionX is operating at the current time. Most of ChampionX's value examination focuses on studying past and present price action to predict the probability of ChampionX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChampionX's price. Additionally, you may evaluate how the addition of ChampionX to your portfolios can decrease your overall portfolio volatility.