PEDEVCO Interest Expense from 2010 to 2024

PED Stock  USD 0.84  0.01  1.18%   
PEDEVCO Corp's Interest Expense is decreasing over the years with stable fluctuation. Interest Expense is expected to dwindle to about 233.8 K. 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
2001-06-30
Previous Quarter
133 K
Current Value
133 K
Quarterly Volatility
1.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PEDEVCO Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PEDEVCO Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.5 M, Interest Expense of 233.8 K or Total Revenue of 32.3 M, as well as many indicators such as Price To Sales Ratio of 2.07, Dividend Yield of 0.0 or PTB Ratio of 0.71. PEDEVCO financial statements analysis is a perfect complement when working with PEDEVCO Corp Valuation or Volatility modules.
  
Check out the analysis of PEDEVCO Corp Correlation against competitors.
For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.

Latest PEDEVCO Corp's Interest Expense Growth Pattern

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

PEDEVCO Interest Expense Regression Statistics

Arithmetic Mean4,233,712
Geometric Mean623,191
Coefficient Of Variation133.17
Mean Deviation4,940,059
Median986,248
Standard Deviation5,638,222
Sample Variance31.8T
Range14M
R-Value(0.22)
Mean Square Error32.6T
R-Squared0.05
Significance0.44
Slope(272,715)
Total Sum of Squares445.1T

PEDEVCO Interest Expense History

2024233.8 K
2023246.1 K
2022214 K
2021 1000.0
2020 2000.0
2019824 K
20187.7 M

About PEDEVCO Corp Financial Statements

PEDEVCO Corp stakeholders use historical fundamental indicators, such as PEDEVCO Corp's Interest Expense, to determine how well the company is positioned to perform in the future. Although PEDEVCO Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in PEDEVCO Corp's assets and liabilities are reflected in the revenues and expenses on PEDEVCO Corp'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 PEDEVCO Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense246.1 K233.8 K

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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 PEDEVCO Corp is a strong investment it is important to analyze PEDEVCO Corp'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 PEDEVCO Corp's future performance. For an informed investment choice regarding PEDEVCO Stock, refer to the following important reports:
Check out the analysis of PEDEVCO Corp Correlation against competitors.
For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Oil & Gas Exploration & Production 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 PEDEVCO Corp. If investors know PEDEVCO 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 PEDEVCO Corp 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
0.659
Earnings Share
0.02
Revenue Per Share
0.386
Quarterly Revenue Growth
0.382
Return On Assets
0.024
The market value of PEDEVCO Corp is measured differently than its book value, which is the value of PEDEVCO that is recorded on the company's balance sheet. Investors also form their own opinion of PEDEVCO Corp's value that differs from its market value or its book value, called intrinsic value, which is PEDEVCO Corp'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 PEDEVCO Corp's market value can be influenced by many factors that don't directly affect PEDEVCO Corp'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 PEDEVCO Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if PEDEVCO Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PEDEVCO Corp'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.