Skylight Health Group (Skylight Health Group) Interest Expense : $-1.74 Mil (TTM As of Jun. 2022)

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What is Skylight Health Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Skylight Health Group's interest expense for the three months ended in Jun. 2022 was $ -0.70 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2022 was $-1.74 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. Skylight Health Group's Operating Income for the three months ended in Jun. 2022 was $ -5.21 Mil. Skylight Health Group's Interest Expense for the three months ended in Jun. 2022 was $ -0.70 Mil. Skylight Health Group did not have earnings to cover the interest expense. 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.

Skylight Health Group Interest Expense Historical Data

The historical data trend for Skylight Health Group'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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Skylight Health Group Interest Expense Chart

Skylight Health Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Interest Expense

-0.16

-0.09

-1.02

Skylight Health Group Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Interest Expense	Get a 7-Day Free Trial													-0.24	-0.26	-0.49	-0.29	-0.70

Skylight Health Group 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 Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.74 Mil.

Skylight Health Group (OTCPK:SLHGF) 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.

Skylight Health Group's Interest Expense for the three months ended in Jun. 2022 was $-0.70 Mil. Its Operating Income for the three months ended in Jun. 2022 was $-5.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2022 was $21.98 Mil.

Skylight Health Group's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Skylight Health Group did not have earnings to cover the interest expense.

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

Skylight Health Group (Skylight Health Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Skylight Health Group Inc (OTCPK:SLHGF) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

5520 Explorer Drive, Suite 402, Mississauga, ON, CAN, L4W 5L1

Website

https://www.skylighthealthgroup.com

Skylight Health Group Inc is a healthcare services and technology company, working to impact patient health outcomes. The company operates a US multi-state health network that comprises physical multi-disciplinary medical clinics providing a range of services from primary care, subspecialty, allied health and diagnostic testing.