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Addus HomeCare (Addus HomeCare) Interest Expense

: $-11 Mil (TTM As of Dec. 2023)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Addus HomeCare's interest expense for the three months ended in Dec. 2023 was $ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-11 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. Addus HomeCare's Operating Income for the three months ended in Dec. 2023 was $ 28 Mil. Addus HomeCare's Interest Expense for the three months ended in Dec. 2023 was $ -3 Mil. Addus HomeCare's Interest Coverage for the quarter that ended in Dec. 2023 was 8.98. 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.


Addus HomeCare Interest Expense Historical Data

The historical data trend for Addus HomeCare'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.

Addus HomeCare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.11 -3.19 -5.81 -8.91 -11.11

Addus HomeCare Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.63 -2.46 -2.33 -3.20 -3.12

Addus HomeCare 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 $-11 Mil.

* 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.


Addus HomeCare  (NAS:ADUS) Interest Expense Explanation

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. The higher, the better.

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

Addus HomeCare's Interest Expense for the three months ended in Dec. 2023 was $-3 Mil. Its Operating Income for the three months ended in Dec. 2023 was $28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $164 Mil.

Addus HomeCare'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*27.97/-3.115
=8.98

* 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.

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


Addus HomeCare (Addus HomeCare) Business Description

Traded in Other Exchanges
Address
6303 Cowboys Way, Suite 600, Frisco, TX, USA, 75034
Addus HomeCare Corp is engaged in the provision of in-home personal care services. It operates through the following segments: Personal care segment, which is a key revenue driver, provides non-medical assistance with activities of daily living, primarily to persons who are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. The Hospice segment provides physical, emotional and spiritual care for people who are terminally ill and their families. Its Home health segment provides services that are primarily medical in nature to those individuals who may require assistance during an illness or after surgery.
Executives
David W. Tucker officer: EVP/Chief Development Officer 6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Michael D. Wattenbarger officer: EVP/Chief Information Officer 6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Darby Anderson officer: See Remarks 2401 SOUTH PLUM GROVE ROAD, PALATINE IL 60067
W Bradley Bickham officer: See Remarks
Brian Poff officer: CHIEF FINANCIAL OFFICER C/O ADDUS HOMECARE CORPORATION, 2300 WARRENVILLE RD, DOWNERS GROVE IL 60515
R Dirk Allison director, officer: Chief Executive Officer 2525 WEST END AVE STE 600, C/O RENAL CARE GROUP INC, NASHVILLE TN 37203
Robertson James Stevenson officer: EVP & Chief HR Officer 6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Sean Gaffney officer: EVP / Chief Legal Officer 6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Monica Raines officer: EVP/CCO and Quality Officer 6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Heather Brianne Dixon director AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Esteban Lopez director 6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Cliff Donald Blessing officer: EVP/Chief Development Officer 6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Laurie Manning officer: EVP/Chief Human Resources Off. 6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Veronica Hill-milbourne director 6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Mark L First director, 10 percent owner 320 PARK AVENUE, NEW YORK NY 10022