Inotiv Interest Expense from 2010 to 2024

NOTV Stock  USD 3.66  0.12  3.39%   
Inotiv Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense will likely drop to about 23.5 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
1997-09-30
Previous Quarter
11.1 M
Current Value
12.1 M
Quarterly Volatility
80.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Inotiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Inotiv's main balance sheet or income statement drivers, such as Depreciation And Amortization of 66.1 M, Interest Expense of 23.5 M or Selling General Administrative of 130.7 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0029 or PTB Ratio of 0.25. Inotiv financial statements analysis is a perfect complement when working with Inotiv Valuation or Volatility modules.
  
Check out the analysis of Inotiv Correlation against competitors.

Latest Inotiv's Interest Expense Growth Pattern

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

Inotiv Interest Expense Regression Statistics

Arithmetic Mean9,465,031
Geometric Mean0.00
Coefficient Of Variation165.83
Mean Deviation12,948,579
Median649,000
Standard Deviation15,696,067
Sample Variance246.4T
Range43M
R-Value0.74
Mean Square Error119.7T
R-Squared0.55
Significance0
Slope2,600,394
Total Sum of Squares3449.1T

Inotiv Interest Expense History

202423.5 M
202338.7 M
202243 M
202129.7 M
20201.7 M
20191.5 M
2018642 K

About Inotiv Financial Statements

Inotiv investors use historical fundamental indicators, such as Inotiv'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 Inotiv. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense38.7 M23.5 M

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Additional Tools for Inotiv Stock Analysis

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