AirSculpt Technologies (AirSculpt Technologies) Interest Expense : $-6.3 Mil (TTM As of Mar. 2024)

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What is AirSculpt Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AirSculpt Technologies's interest expense for the three months ended in Mar. 2024 was $ -1.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-6.3 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. AirSculpt Technologies's Operating Income for the three months ended in Mar. 2024 was $ 11.0 Mil. AirSculpt Technologies's Interest Expense for the three months ended in Mar. 2024 was $ -1.5 Mil. AirSculpt Technologies's Interest Coverage for the quarter that ended in Mar. 2024 was 7.19. 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.

AirSculpt Technologies Interest Expense Historical Data

The historical data trend for AirSculpt Technologies'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.

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AirSculpt Technologies Interest Expense Chart

AirSculpt Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-2.88

-2.46

-4.89

-6.75

-6.49

AirSculpt Technologies Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial												-1.74	-1.89	-1.84	-1.02	-1.53

AirSculpt Technologies 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.3 Mil.

AirSculpt Technologies (NAS:AIRS) 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.

AirSculpt Technologies's Interest Expense for the three months ended in Mar. 2024 was $-1.5 Mil. Its Operating Income for the three months ended in Mar. 2024 was $11.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $90.6 Mil.

AirSculpt Technologies's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	11.017	/	-1.532
	=	7.19

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

AirSculpt Technologies (AirSculpt Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AirSculpt Technologies Inc (NAS:AIRS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1111 Lincoln Road, Suite 802, Miami Beach, FL, USA, 33139

Website

https://www.elitebodysculpture.com

AirSculpt Technologies Inc is a national provider of body contouring procedures delivering a premium consumer experience under our brand Elite Body Sculpture. At Elite Body Sculpture, company provide custom body contouring using proprietary AirSculpt method that removes unwanted fat in a minimally invasive procedure, producing dramatic results. Its mission is to generate the best results for patients.

Executives

Todd Magazine	director, officer: President and CEO	1111 LINCOLN ROAD, SUITE 802, MIAMI BEACH FL 33139
Thomas J Aaron	director	4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Dennis Dean	officer: Chief Financial Officer	40 BURTON HILLS BOULEVARD SUITE 500, NASHVILLE TN 37215
Caroline Chu	director	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Kenneth Higgins	director	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Aaron Rollins	director, 10 percent owner, officer: Chief Executive Officer	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Adam T Feinstein	director, 10 percent owner	40 BURTON HILLS BOULEVARD SUITE 500, NASHVILLE TN 37215
Ronald P. Zelhof	officer: COO and President	310 SEVEN SPRINGS WAY, SUITE 500, BRENTWOOD TN 37027
Pamela L. Netzky	director	C/O AMPLIFY SNACK BRANDS, INC., 500 WEST 5TH STREET, AUSTIN TX 78701
Daniel Sollof	director	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Vscp Ebs Aggregator, L.p.	director, 10 percent owner	428 GREENWICH STREET, NEW YORK NY 10013
Ebs Aggregator Blocker Holdings, Llc	director, 10 percent owner	428 GREENWICH STREET, NEW YORK NY 10013