What is The Joint Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Joint's interest expense for the
three
months ended in Dec. 2024 was $ 0.00 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $0.00 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. The Joint's Operating Income for the
three
months ended in Dec. 2024 was $ -1.75 Mil. The Joint's Interest Expense for the
three
months ended in Dec. 2024 was $ 0.00 Mil.
The Joint has no long-term debt (1).
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.
(1) Note: An indication of "no long-term 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.
The Joint 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.
* 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 Joint (NAS:JYNT) Interest Expense Explanation
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. The higher, the better.
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 Joint's Interest Expense for the
three
months ended in Dec. 2024 was $0.00 Mil. Its
Operating Income
for the
three
months ended in Dec. 2024 was $-1.75 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2024 was $0.00 Mil.
The Joint's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as
| The Joint had no long-term debt (1). |
* 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.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. The Joint Corp has enough cash to cover all of its debt. Its financial situation is stable.
The Joint Business Description
Traded in Other Exchanges
N/A
Address
16767 North Perimeter Drive, Suite 110, Scottsdale, AZ, USA, 85260
The Joint Corp develops, owns, operates, supports, and manages chiropractic clinics through direct ownership, management arrangements, franchising, and the sales of regional developer rights throughout the United States. The doctors of chiropractic develop personalized treatment plans to relieve patients' pain and deliver ongoing preventative care. The Company has one operating business segment; The Franchise Operations segment which is comprised of the operating activities of the franchise business unit. The Franchise Operations segment derives revenue from customers by providing access to the Company's franchise license, which represents symbolic intellectual property.
Executives
| Bandera Partners Llc |
10 percent owner |
50 BROAD STREET, SUITE 1820, NEW YORK NY 10004 |
| Peter D Holt |
officer: Chief Operating Officer |
16767 N. PERIMETER DR., SUITE 240, SCOTTSDALE AZ 85260 |
| Jake Singleton |
officer: Chief Financial Officer |
16767 NORTH PERIMETER DRIVE, SUITE 240, SCOTTSDALE AZ 85260 |
| Ronald V Davella |
director |
2600 E SOUTHLAKE BLVD., STE 120-359, SOUTHLAKE TX 76092 |
| Glenn J Krevlin |
10 percent owner |
600 FIFTH AVE, 11TH FL, NEW YORK NY 10020 |
| Matthew E Rubel |
director |
3231 SE SIXTH AVENUE, TOPEKA KS 66607 |
| Gregory Bylinsky |
10 percent owner |
C/O BANDERA PARTNERS LLC, 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004 |
| Jefferson Gramm |
10 percent owner |
C/O BANDERA PARTNERS LLC, 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004 |
| Amos James H. Jr |
director |
16767 N. PERIMETER DR., STE. 240, SCOTTSDALE AZ 85260 |
| John P Meloun |
officer: Chief Financial Officer |
16767 N. PERIMETER DR., STE. 240, SCOTTSDALE AZ 85260 |
| Abe Hong |
director |
16767 NORTH PERIMETER DRIVE, SUITE 240, SCOTTSDALE AZ 85260 |
| Glenhill Advisors Llc |
10 percent owner |
600 FIFTH AVE, 11TH FL, NEW YORK NY 10020 |
| Suzanne M Decker |
director |
16767 NORTH PERIMETER DRIVE, SUITE 240, SCOTTSDALE AZ 85260 |
| Bret Sanders |
director |
16767 N. PERIMETER DR., STE. 240, SCOTTSDALE AZ 85260 |
| David M Orwasher |
officer: President and COO |
242 W 36TH ST, NEW YORK NY 10018 |
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