Spire Healthcare Group (LSE:SPI) Interest Expense : £-98 Mil (TTM As of Dec. 2024)

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What is Spire Healthcare Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spire Healthcare Group's interest expense for the six months ended in Dec. 2024 was £ -50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was £-98 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. Spire Healthcare Group's Operating Income for the six months ended in Dec. 2024 was £ 77 Mil. Spire Healthcare Group's Interest Expense for the six months ended in Dec. 2024 was £ -50 Mil. Spire Healthcare Group's Interest Coverage for the quarter that ended in Dec. 2024 was 1.55. 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.

Spire Healthcare Group Interest Expense Historical Data

The historical data trend for Spire Healthcare 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.

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Spire Healthcare Group Interest Expense Chart

Spire Healthcare Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-85.10

-87.80

-85.90

-91.50

-98.40

Spire Healthcare Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-44.60	-45.00	-46.50	-48.50	-49.90

Spire Healthcare 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-98 Mil.

Spire Healthcare Group (LSE:SPI) 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.

Spire Healthcare Group's Interest Expense for the six months ended in Dec. 2024 was £-50 Mil. Its Operating Income for the six months ended in Dec. 2024 was £77 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was £1,175 Mil.

Spire Healthcare Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	77.2	/	-49.9
	=	1.55

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Spire Healthcare Group PLC interest coverage is 1.44, which is low.

Spire Healthcare Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Spire Healthcare Group PLC (LSE:SPI) » Definitions » Interest Expense

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SPIl:UK

Address

3 Dorset Rise, London, GBR, EC4Y 8EN

Website

https://www.spirehealthcare.com

Spire Healthcare Group PLC is an independent hospital group in the United Kingdom, with 40 private hospitals and eight clinics. It is a private provider, by volume, of knee and hip operations in the United Kingdom. The company has three operating segments being the hospitals business, Vita Health Group and The Doctors Clinic Group. The company has aggregated Vita Health Group and The Doctors Clinic Group into one reportable segment called primary care. The company generates the majority of its revenue from Hospital Business, which consists of hospitals, clinics, medical centres and consulting rooms. The company provide diagnostics, inpatient, day case and outpatient care in areas including orthopaedics, gynaecology, cardiology, neurology, oncology and general surgery.

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