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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 by its Interest Expense. P3 Health Partners's Operating Income for the three months ended in Mar. 2025 was $-38 Mil. P3 Health Partners's Interest Expense for the three months ended in Mar. 2025 was $-9 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for P3 Health Partners's Interest Coverage or its related term are showing as below:
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for P3 Health Partners's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
P3 Health Partners Annual Data | ||||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||
Interest Coverage | Get a 7-Day Free Trial | - | N/A | - | - | - |
P3 Health Partners Quarterly Data | ||||||||||||||||||||
Dec19 | Jun20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | Mar25 | |
Interest Coverage | Get a 7-Day Free Trial |
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For the Medical Care Facilities subindustry, P3 Health Partners's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Healthcare Providers & Services industry and Healthcare sector, P3 Health Partners's Interest Coverage distribution charts can be found below:
* The bar in red indicates where P3 Health Partners's Interest Coverage falls into.
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:
If Interest Expense is negative and Operating Income is positive, then
Interest Coverage | = | -1 | * | Operating Income | / | Interest Expense |
Else if Interest Expense is negative and Operating Income is negative, then
The company did not have earnings to cover the interest expense. |
Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then
The company had no debt (1). |
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
P3 Health Partners's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as
Here, for the fiscal year that ended in Dec. 2024, P3 Health Partners's Interest Expense was $-22 Mil. Its Operating Income was $-313 Mil. And its Long-Term Debt & Capital Lease Obligation was $101 Mil.
P3 Health Partners did not have earnings to cover the interest expense. |
P3 Health Partners's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as
Here, for the three months ended in Mar. 2025, P3 Health Partners's Interest Expense was $-9 Mil. Its Operating Income was $-38 Mil. And its Long-Term Debt & Capital Lease Obligation was $117 Mil.
P3 Health Partners did not have earnings to cover the interest expense. |
* 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.
P3 Health Partners (NAS:PIII) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Thank you for viewing the detailed overview of P3 Health Partners's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.
Chicago Pacific Founders Ugp Iii, Llc | 10 percent owner | 980 NORTH MICHIGAN AVENUE, SUITE 1998, CHICAGO IL 60611 |
Atul Kavthekar | officer: Chief Financial Officer | 4100 S. SAGINAW STREET, FLINT MI 48507 |
Sherif Abdou | director, officer: Chief Executive Officer | C/O P3 HEALTH GROUP HOLDINGS, LLC, 2370 CORPORATE CIRCLE, SUITE 300, HENDERSON NV 89074 |
Chicago Pacific Founders Gp Iii, L.p. | 10 percent owner | 980 NORTH MICHIGAN AVENUE, SUITE 1998, CHICAGO IL 60611 |
Chicago Pacific Founders Ugp, Llc | 10 percent owner | 980 N. MICHIGAN AVENUE, SUITE 1998, CHICAGO IL 60611 |
Leavitt Equity Partners Ii, L.p. | 10 percent owner | 299 SOUTH MAIN STREET SUITE 2300, SALT LAKE CITY UT 84111 |
Leavitt Legacy, Llc | 10 percent owner | 299 SOUTH MAIN STREET, SUITE 2300, SALT LAKE CITY UT 84111 |
Leavitt Equity Partners Ii, Llc | 10 percent owner | 299 SOUTH MAIN STREET SUITE 2300, SALT LAKE CITY UT 84111 |
Lep Management Llc | 10 percent owner | 299 SOUTH MAIN STREET, SUITE 2300, SALT LAKE CITY UT 84111 |
Taylor S. Leavitt | 10 percent owner | 299 SOUTH MAIN STREET, SUITE 2300, SALT LAKE CITY UT 84111 |
Leavitt Equity Partners Iii, L.p. | 10 percent owner, other: See Remarks | 299 SOUTH MAIN STREET, SUITE 2300, SALT LAKE CITY UT 84111 |
Leavitt Equity Partners Iii, Llc | 10 percent owner, other: See Remarks | 299 SOUTH MAIN STREET, SUITE 2300, SALT LAKE CITY UT 84111 |
Cpf Iii-a Pt Spv, Llc | 10 percent owner | 980 NORTH MICHIGAN AVENUE, SUITE 1998, CHICAGO IL 60611 |
Cpf Iii Pt Spv, Llc | 10 percent owner | 980 NORTH MICHIGAN AVENUE, SUITE 1998, CHICAGO IL 60611 |
Erin Darakjian | officer: Interim CFO, Senior VP & CAO | C/O P3 HEALTH PARTNERS INC., 2370 CORPORATE CIRCLE, SUITE 300, HENDERSON NV 89074 |
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