Pennant Group (Pennant Group) Interest Expense : $-5.9 Mil (TTM As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Pennant Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pennant Group's interest expense for the three months ended in Dec. 2023 was $ -1.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-5.9 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. Pennant Group's Operating Income for the three months ended in Dec. 2023 was $ 7.6 Mil. Pennant Group's Interest Expense for the three months ended in Dec. 2023 was $ -1.6 Mil. Pennant Group's Interest Coverage for the quarter that ended in Dec. 2023 was 4.86. 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.

Pennant Group Interest Expense Historical Data

The historical data trend for Pennant 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.

* Premium members only.

Pennant Group Interest Expense Chart

Pennant Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.41

-1.24

-1.94

-3.82

-5.92

Pennant Group Quarterly Data
	Mar19	Jun19	Sep19	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															-1.31	-1.41	-1.45	-1.50	-1.57

Pennant 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.9 Mil.

Pennant Group (NAS:PNTG) 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.

Pennant Group's Interest Expense for the three months ended in Dec. 2023 was $-1.6 Mil. Its Operating Income for the three months ended in Dec. 2023 was $7.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $312.5 Mil.

Pennant Group'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	*	7.633	/	-1.569
	=	4.86

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

Pennant Group (Pennant Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Pennant Group Inc (NAS:PNTG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

1ZU:Germany

Address

1675 East Riverside Drive, Suite 150, Eagle, ID, USA, 83616

Website

https://www.pennantgroup.com

Pennant Group Inc is engaged in providing healthcare services to patients of all ages, including the growing senior population, in the United States. It operates in multiple lines of business including home health and hospice services which includes our home health, hospice, and home care businesses and Senior living which includes the company's assisted living, independent living, and memory care communities across Arizona, California, Colorado, Idaho, Iowa, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. The majority of the revenue is generated from the Home Health and Hospice Services segment.

Executives

Jennifer Freeman	officer: Chief Financial Officer	C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, SUITE 120, EAGLE ID 83616
Lynette Walbom	officer: Chief Financial Officer	1675 E. RIVERSIDE DR., SUITE 150, EAGLE ID 83616
John J Gochnour	officer: Chief Operating Officer	C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, SUITE 100, EAGLE ID 83616
Joanne Stringfield	director	C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, SUITE 120, EAGLE ID 83616
Barry M Smith	director	4800 N SCOTTSDALE RD, SUITE 5000, SCOTTSDALE AZ 85251
John G. Nackel	director	27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Christopher R. Christensen	director	27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Morris Gregory K Sr.	director	1675 E RIVERSIDE DR, SUITE 150, EAGLE ID 83616
Daniel H Walker	director, officer: See Remarks	C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, STE 150, EAGLE ID 83616
Brent Guerisoli	officer: President	1675 E RIVERSIDE DR, SUITE 150, EAGLE ID 83616
Derek J Bunker	officer: See Remarks	C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, STE 150, EAGLE ID 83616
Scott E Lamb	director	ICU MEDICAL, INC., 951 CALLE AMANECER, SAN CLEMENTE CA 92673
Roderic W Lewis	director
Covey Stephen M R	director
Ensign Group, Inc	10 percent owner	29222 RANCHO VIEJO RD., SUITE 127, SAN JUAN CAPISTRANO CA 92675