Brookdale Senior Living (Brookdale Senior Living) Interest Expense : $-232 Mil (TTM As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Brookdale Senior Living Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Brookdale Senior Living's interest expense for the three months ended in Dec. 2023 was $ -59 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-232 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Brookdale Senior Living's Operating Income for the three months ended in Dec. 2023 was $ 7 Mil. Brookdale Senior Living's Interest Expense for the three months ended in Dec. 2023 was $ -59 Mil. Brookdale Senior Living's Interest Coverage for the quarter that ended in Dec. 2023 was 0.11. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Brookdale Senior Living Interest Expense Historical Data

The historical data trend for Brookdale Senior Living's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brookdale Senior Living Interest Expense Chart

Brookdale Senior Living Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-248.34

-208.78

-187.69

-205.93

-231.72

Brookdale Senior Living Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-59.78	-56.87	-57.71	-58.36	-58.78

Brookdale Senior Living Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-232 Mil.

Brookdale Senior Living (NYSE:BKD) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Brookdale Senior Living's Interest Expense for the three months ended in Dec. 2023 was $-59 Mil. Its Operating Income for the three months ended in Dec. 2023 was $7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $4,491 Mil.

Brookdale Senior Living's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	6.729	/	-58.783
	=	0.11

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Brookdale Senior Living Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Brookdale Senior Living (Brookdale Senior Living) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Brookdale Senior Living Inc (NYSE:BKD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

B7S:Germany

Address

111 Westwood Place, Suite 400, Brentwood, TN, USA, 37027

Website

https://www.brookdale.com

Brookdale operates senior living communities throughout the United States. Private pay customers contribute the majority of its resident fees. Brookdale's retirement centers are targeted toward middle- to upper-income seniors, typically over the age of 75. It provides basic services, like meals and housekeeping, and supplemental-care services to assist residents with daily activities. Brookdale's assisted living communities offer 24-hour assistance with daily activities and include memory-care communities that are specifically designed for residents with Alzheimer's disease or other dementia. Its continuing-care retirement centers are large communities that accommodate all levels of physical ability and health. The majority of the firm's revenue comes from assisted living resident fees.

Executives

Marcus E Bromley	director
Jordan R Asher	director	C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Benjamin J. Ricci	officer: Division Vice President	111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Laura E. Fischer	officer: Division Vice President	111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Frank M Bumstead	director	2300 CHARLOTTE AVENUE, STE 103, NASHVILLE TN 37203
Jaclyn C Pritchett	officer: EVP - Human Resources	111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Lucinda M Baier	officer: Chief Financial Officer	111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
George T Hicks	officer: Executive Vice President	BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Kevin W Bowman	officer: EVP-Community Operations	111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Rita Johnson-mills	director	C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Lee S Wielansky	director	PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Denise Wilder Warren	director	6600 WALL STREET, MOBILE AL 36695
Cindy Kent	officer: EVP & President Senior Housing	7601 PENN AVENUE SOUTH, RICHFIELD MN 55418
Vicki L Freed	director	6262 SUNSET DRIVE, MIAMI FL 33143
Guy P Sansone	director	C/O MEDNAX, 1301 CONCORD TERRACE, SUNRISE FL 33323