Inspire Veterinary Partners (Inspire Veterinary Partners) Interest Expense : $-2.55 Mil (TTM As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Inspire Veterinary Partners Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inspire Veterinary Partners's interest expense for the three months ended in Mar. 2024 was $ -0.56 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.55 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. Inspire Veterinary Partners's Operating Income for the three months ended in Mar. 2024 was $ -2.13 Mil. Inspire Veterinary Partners's Interest Expense for the three months ended in Mar. 2024 was $ -0.56 Mil. Inspire Veterinary Partners 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.

Inspire Veterinary Partners Interest Expense Historical Data

The historical data trend for Inspire Veterinary Partners'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.

Inspire Veterinary Partners Interest Expense Chart

Inspire Veterinary Partners Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.20

-1.43

-2.54

Inspire Veterinary Partners Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial					-0.55	-0.29	-0.92	-0.79	-0.56

Inspire Veterinary Partners 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 $-2.55 Mil.

Inspire Veterinary Partners (NAS:IVP) 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.

Inspire Veterinary Partners's Interest Expense for the three months ended in Mar. 2024 was $-0.56 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-2.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $14.67 Mil.

Inspire Veterinary Partners's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Inspire Veterinary Partners did not have earnings to cover the interest expense.

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

Inspire Veterinary Partners (Inspire Veterinary Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Inspire Veterinary Partners Inc (NAS:IVP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

780 Lynnhaven Parkway, Suite 400 Virginia Beach, Virginia, Virginia Beach, VA, USA, 23452

Website

Inspire Veterinary Partners Inc owns and operates veterinary hospitals throughout the United States. The company specializes in small animal general practice hospitals which serve all manner of companion pets, emphasizing canine and feline breeds.

Executives

Alexander Lawrence	director	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Charles Stith Keiser	director, officer: Chief Operating Officer	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Erinn Thomas-mackey	director	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Kimball Carr	director, officer: See Remarks	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH, VA 23452
Peter Lau	director	P.O. BOX 1237, SPRINGDALE AR 72765
Anne Murphy	director	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Wilderness Trace Veterinary Partners, Llc	other: See Remarks	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Timothy Watters	director	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Suprock Louis John	director	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Richard Frank	officer: Chief Financial Officer	780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH, FL 23452