Virax Interest Expense from 2010 to 2024

VRAX Stock  USD 1.97  0.10  4.83%   
Virax Biolabs Interest Expense yearly trend continues to be fairly 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
2010-12-31
Previous Quarter
26.9 K
Current Value
28.3 K
Quarterly Volatility
33.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Virax Biolabs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virax Biolabs' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 97.9 K or Interest Expense of 28.3 K, as well as many indicators such as Price To Sales Ratio of 8.96, Dividend Yield of 0.0 or PTB Ratio of 0.29. Virax financial statements analysis is a perfect complement when working with Virax Biolabs Valuation or Volatility modules.
  
Check out the analysis of Virax Biolabs Correlation against competitors.

Latest Virax Biolabs' Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Virax Biolabs Group over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Virax Biolabs' Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Virax Biolabs' overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Virax Interest Expense Regression Statistics

Arithmetic Mean68,111
Geometric Mean56,601
Coefficient Of Variation48.83
Mean Deviation30,105
Median90,690
Standard Deviation33,256
Sample Variance1.1B
Range75.3K
R-Value(0.81)
Mean Square Error413.3M
R-Squared0.65
Significance0.0003
Slope(6,009)
Total Sum of Squares15.5B

Virax Interest Expense History

202428.3 K
202326.9 K
202215.5 K
202115.4 K
202028.6 K

About Virax Biolabs Financial Statements

Virax Biolabs investors use historical fundamental indicators, such as Virax Biolabs' 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 Virax Biolabs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense26.9 K28.3 K

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Additional Tools for Virax Stock Analysis

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