Goosehead Insurance (Goosehead Insurance) Interest Expense : $-6.3 Mil (TTM As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Goosehead Insurance Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goosehead Insurance'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. Goosehead Insurance's Operating Income for the three months ended in Mar. 2024 was $ 1.5 Mil. Goosehead Insurance's Interest Expense for the three months ended in Mar. 2024 was $ -1.5 Mil. Goosehead Insurance's Interest Coverage for the quarter that ended in Mar. 2024 was 0.98. 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.

Goosehead Insurance Interest Expense Historical Data

The historical data trend for Goosehead Insurance'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.

Goosehead Insurance Interest Expense Chart

Goosehead Insurance Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-2.39

-2.31

-2.85

-5.00

-6.57

Goosehead Insurance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1.73	-1.71	-1.62	-1.51	-1.49

Goosehead Insurance 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.

Goosehead Insurance (NAS:GSHD) 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.

Goosehead Insurance's Interest Expense for the three months ended in Mar. 2024 was $-1.5 Mil. Its EBIT for the three months ended in Mar. 2024 was $1.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $120.4 Mil.

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

Interest Coverage	=	-1	*	EBIT (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	1.455	/	-1.487
	=	0.98

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

Goosehead Insurance (Goosehead Insurance) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

2OX:Germany 2OX:Germany

Address

1500 Solana Boulevard, Building 4, Suite 4500, Westlake, TX, USA, 76262

Website

https://ir.gooseheadinsurance.com

Goosehead Insurance Inc operates as an insurance agency. Its insurance products consist of homeowner's insurance; auto insurance; other personal lines products including flood, wind and earthquake insurance; excess liability or umbrella insurance; specialty lines insurance (motorcycle, recreational vehicle and other insurance); commercial lines insurance (general liability, property, and auto insurance for small businesses); and life insurance. It operates in Texas, California, Illinois, Florida, and other regions.

Executives

Lindy Langston Spousal Lifetime Access Trust	10 percent owner, other: Member of 10% owner group	1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262
Ryan Langston 2021 Family Trust	10 percent owner, other: Member of 10% owner group	1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262
Slj Dynasty Trust	10 percent owner, other: Member of 10% owner group	1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262
Chick & The Bear Irrevocable Trust	10 percent owner, other: Member of 10% owner group	1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Adrienne Jones	10 percent owner, other: Member of 10% owner group	1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Lanni Romney	10 percent owner, other: Member of 10% owner group	1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Mark & Robyn Jones Descendants Trust 2014	10 percent owner, other: Member of 10% owner group	1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Lanni Romney Spousal Lifetime Access Trust	10 percent owner, other: Member of 10% owner group	1500 SOLANA BOULEVARD, SUITE 4500, WESTLAKE TX 76262
Adrienne Morgan Jones Family Trust 2014	10 percent owner, other: Member of 10% owner group	1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Desiree Robyn Coleman Family Trust 2014	10 percent owner, other: Member of 10% owner group	1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Mark Evan Jones, Jr. Family Trust 2014	10 percent owner, other: Member of 10% owner group	1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Camille Lavaun Peterson Family Trust 2014	10 percent owner, other: Member of 10% owner group	1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Lanni Elaine Romney Family Trust 2014	10 percent owner, other: Member of 10% owner group	1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Lindy Jean Langston Family Trust 2014	10 percent owner, other: Member of 10% owner group	1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262
Camille Peterson	10 percent owner, other: Member of 10% owner group	1500 SOLANA BLVD, BUILDING 4, SUITE 4500, WESTLAKE TX 76262