Aveanna Healthcare Holdings (Aveanna Healthcare Holdings) Interest Expense : $-151 Mil (TTM As of Dec. 2023)

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What is Aveanna Healthcare Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aveanna Healthcare Holdings's interest expense for the three months ended in Dec. 2023 was $ -39 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-151 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. Aveanna Healthcare Holdings's Operating Income for the three months ended in Dec. 2023 was $ 29 Mil. Aveanna Healthcare Holdings's Interest Expense for the three months ended in Dec. 2023 was $ -39 Mil. Aveanna Healthcare Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 0.76. 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.

Aveanna Healthcare Holdings Interest Expense Historical Data

The historical data trend for Aveanna Healthcare Holdings'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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Aveanna Healthcare Holdings Interest Expense Chart

Aveanna Healthcare Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-92.30

-82.98

-60.23

-99.94

-148.07

Aveanna Healthcare Holdings Quarterly Data
	Dec18	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													-31.42	-34.54	-37.99	-39.60	-38.51

Aveanna Healthcare Holdings 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 $-151 Mil.

Aveanna Healthcare Holdings (NAS:AVAH) 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.

Aveanna Healthcare Holdings's Interest Expense for the three months ended in Dec. 2023 was $-39 Mil. Its Operating Income for the three months ended in Dec. 2023 was $29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,316 Mil.

Aveanna Healthcare Holdings'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	*	29.293	/	-38.508
	=	0.76

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. Aveanna Healthcare Holdings Inc interest coverage is 1.17, which is low.

Aveanna Healthcare Holdings (Aveanna Healthcare Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aveanna Healthcare Holdings Inc (NAS:AVAH) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 Interstate North Parkway SE, Suite 1600, Atlanta, GA, USA, 30339

Website

https://www.aveanna.com

Aveanna Healthcare Holdings Inc is a diversified home care platform that provides care to medically complex, high-cost patient populations. It directly addresses the pressing challenges facing the U.S. healthcare system by providing safe, high-quality care in the home. The firm provides its services through three segments: Private Duty Services (PDS); Home Health & Hospice (HHH); and Medical Solutions (MS). Private Duty Services include private duty nursing (PDN) and pediatric therapy services. HHH segment provides home health, hospice, and specialty program services to elderly populations seeking compassionate care and assistance with activities of daily living in the home. MS segment provides needed supplies to patients requiring enteral nutrition services or respiratory care.

Executives

Deborah Stewart	officer: SVP, Chief Accounting Officer	400 INTERSTATE NORTH PARKWAY SE, ATLANTA GA 30339
Matthew Buckhalter	officer: See Remarks	400 INTERSTATE NORTH PARKWAY SE, SUITE 1600, ATLANTA GA 30339
Victor F Ganzi	director
David Afshar	officer: Chief Financial Officer	C/O AVEANNA HEALTHCARE HOLDINGS INC., 400 INTERSTATE NORTH PARKWAY SE STE 1600, ATLANTA GA 30339
Patrick A. Cunningham	officer: Chief Compliance Officer	C/O AVEANNA HEALTHCARE HOLDINGS INC., 400 INTERSTATE NORTH PARKWAY SE STE 1600, ATLANTA GA 30339
Edwin C. Reisz	officer: Chief Administrative Officer	C/O AVEANNA HEALTHCARE HOLDINGS INC., 400 INTERSTATE NORTH PARKWAY SE STE 1600, ATLANTA GA 30339
Jeff Shaner	officer: Chief Operating Officer	3350 RIVERWOOD PARKWAY SUITE 1400, ATLANTA GA 30339
Tony Strange	director, officer: Chief Executive Officer	3 HUNTINGTON QUADRANGLE 2S, MELVILLE NY 11747
Rodney D Windley	director, officer: Executive Chairman	3 HUNTINGTON QUADRANGLE 2S, MELVILLE NY 11747
Steven E Rodgers	director
Erica Schwartz	director	400 INTERSTATE N. PARKWAY SE, SUITE 1600, C/O AVEANNA HEALTHCARE HOLDINGS INC., ATLANTA GA 30339
Bcip Associates Iv-b (us), L.p.	10 percent owner	JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Whitney Strategic Partners Vii, L.p.	10 percent owner	130 MAIN STREET, NEW CANAAN CT 06840
Bcip T Associates Iv-b (us), L.p.	10 percent owner	JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bcip T Associates Iv (us), L.p.	10 percent owner	JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116