Clearday (Clearday) Interest Expense : $-5.72 Mil (TTM As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Clearday Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Clearday's interest expense for the three months ended in Sep. 2023 was $ -1.49 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-5.72 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. Clearday's Operating Income for the three months ended in Sep. 2023 was $ -0.76 Mil. Clearday's Interest Expense for the three months ended in Sep. 2023 was $ -1.49 Mil. Clearday did not have earnings to cover the interest expense. 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.

Clearday Interest Expense Historical Data

The historical data trend for Clearday'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.

Clearday Interest Expense Chart

Clearday Annual Data

Trend

Dec20

Dec21

Dec22

Interest Expense

-0.47

-1.38

-3.73

Clearday Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial								-1.03	-1.80	-0.72	-1.72	-1.49

Clearday 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.72 Mil.

Clearday (OTCPK:CLRD) 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.

Clearday's Interest Expense for the three months ended in Sep. 2023 was $-1.49 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $4.54 Mil.

Clearday's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Clearday did not have earnings to cover the interest expense.

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

Clearday (Clearday) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Clearday Inc (OTCPK:CLRD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

8800 Village Drive, Suite 106, San Antonio, TX, USA, 78217

Website

https://www.myclearday.com

Clearday Inc is a non-acute health care services company. It operates four residential care facilities and a daycare center that serve primarily older Americans and persons facing cognitive issues such as Alzheimer's and other forms of dementia. Some of its products include Clearday Network, Clearday at Home, Clearday Clubs, and memory care America.

Executives

James Walesa	director, 10 percent owner, officer: Chief Executive Officer	1460 RENAISSANCE DR., #212, PARK RIDGE IL 60068
Watson Robert Glen Jr.	director	602 ALTA AVENUE, SAN ANTONIO TX 78217
Billie Jay Parrish	director, officer: Chief Operating Officer	C/O CLEARDAY, INC., 8800 VILLAGE DRIVE, SUITE 106, SAN ANTONIO TX 78217
Elizabeth M. Caveness	director	408 EAST CREEKVIEW DRIVE, HAMPSTEAD NC 28443
Alan H Channing	director	263 W END AVE., APT 3A, NEW YORK NY 10023
Gary Sawina	officer: Executive Vice President	17302 FOUNTAIN VIEW DRIVE, SAN ANTONIO TX 78248
Linda Carrasco	officer: President Memory Care America	126 STEEL VALLEY DRIVE, BOERNE TX 78006
Richard M. Morris	officer: Executive Vice President	11 AMALFI DRIVE, CORTLANDT MANOR NY 10567
Allied Integral United, Inc.	10 percent owner	2211 NW MILITARY HIGHWAY, SUITE 201, SAN ANTONIO TX 78213
Julia Suzanne Johnson	director	1001 RIDDER PARK STREET, SAN JOSE CA 95131
Kopp Family Office, Llc	10 percent owner	8500 NORMANDALE LAKE BOULEVARD, SUITE 475, BLOOMINGTON MN 55437
Dan L Halvorson	director	4780 EASTGATE MALL, SAN DIEGO CA 92121
Kenneth E Pfeiffer	officer: Vice President Engineering	460 WARD DRIVE, SANTA BARBARA CA 93111
Thomas R Giunta	officer: VP Engineering	460 WARD DRIVE, SANTA BARBARA CA 93111
Xiaoxiong Zhang	10 percent owner	3/F, BLOCK B, 11 LANGSHAN RD, HI-TECH INDUSTRIAL PK, NANSHAN DISTRICT, SHENZHEN F4 518057