GoHealth (GoHealth) Interest Expense : $-69.5 Mil (TTM As of Dec. 2023)

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What is GoHealth Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GoHealth's interest expense for the three months ended in Dec. 2023 was $ -17.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-69.5 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. GoHealth's Operating Income for the three months ended in Dec. 2023 was $ 25.1 Mil. GoHealth's Interest Expense for the three months ended in Dec. 2023 was $ -17.8 Mil. GoHealth's Interest Coverage for the quarter that ended in Dec. 2023 was 1.41. 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.

GoHealth Interest Expense Historical Data

The historical data trend for GoHealth'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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GoHealth Interest Expense Chart

GoHealth Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-32.97

-33.51

-57.07

-69.47

GoHealth Quarterly Data
	Dec18	Mar19	Jun19	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															-17.32	-16.89	-17.27	-17.57	-17.75

GoHealth 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 $-69.5 Mil.

GoHealth (NAS:GOCO) 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.

GoHealth's Interest Expense for the three months ended in Dec. 2023 was $-17.8 Mil. Its Operating Income for the three months ended in Dec. 2023 was $25.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $462.3 Mil.

GoHealth'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	*	25.06	/	-17.751
	=	1.41

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

GoHealth (GoHealth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » GoHealth Inc (NAS:GOCO) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

214 West Huron Street, Chicago, IL, USA, 60654

Website

https://www.gohealth.com

GoHealth Inc is a health insurance marketplace in America. Its technology platform leverages modern machine-learning algorithms and helps individuals find the best health insurance plan for their specific needs. The company operates in four segments: Medicare-Internal; Medicare-External, IFP and Other-Internal; and IFP and Other-External. The Medicare segments sales Medicare Advantage, Medicare Supplement, Medicare prescription drug plans, and Medicare Special Needs Plans.

Executives

Vijay Kotte	officer: Chief Executive Officer	C/O R1 RCM INC., 401 N. MICHIGAN AVENUE, SUITE 2700, CHICAGO IL 60611
Mike Hargis	officer: Chief Operating Officer	222 W. MERCHANDISE MART PLAZA, SUITE 1750, CHICAGO IL 60654
Jason Schulz	officer: Chief Financial Officer	C/O GOHEALTH, INC., 214 WEST HURON STREET, CHICAGO IL 60654
Karolina Hanna Hilu	director	214 W HURON ST, CHICAGO IL 60654
Cb Blizzard Holdings C, L.p.	10 percent owner	C/O CENTERBRIDGE PARTNERS, 375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Ccp Iii Cayman Gp Ltd.	10 percent owner	C/O CENTERBRIDGE PARTNERS, L.P., 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings A, L.p.	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings Gp B, Llc	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings Gp A, Llc	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings B, L.p.	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Christopher Litchford	director	214 WEST HURON ST.,, CHICAGO IL 60654
David Fisher	director	39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60605
Vance Cushman Johnston	officer: Chief Financial Officer	1 N BRENTWOOD BLVD, ST LOUIS MO 63105
Nvx Holdings, Inc.	10 percent owner	C/O GOHEALTH, INC., 214 WEST HURON STREET,11TH FLOOR, CHICAGO IL 60654
Clinton P. Jones	director, 10 percent owner, officer: Chief Executive Officer	GOHEALTH, INC., 214 WEST HURON STREET, CHICAGO IL 60654