RNVA (Rennova Health) Interest Expense: $-1.45 Mil (TTM As of Dec. 2023)

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RNVA Rennova Health Inc RNVA
12 GF Score
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What is Rennova Health Interest Expense?

Rennova Health RNVA -99.00% 12 Interest Expense is $-1.45 Mil as of Dec. 2023. GuruFocus rates RNVA with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rennova Health's interest expense for the three months ended in Dec. 2023 was $ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.45 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. Rennova Health's Operating Income for the three months ended in Dec. 2023 was $ -0.88 Mil. Rennova Health's Interest Expense for the three months ended in Dec. 2023 was $ -0.05 Mil. Rennova Health 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.

Rennova Health  (OTCPK:RNVA) 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.

Rennova Health's Interest Expense for the three months ended in Dec. 2023 was $-0.05 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.88 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $8.40 Mil.

Rennova Health's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Rennova Health 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.

Rennova Health Interest Expense Historical Data

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The historical data trend for Rennova Health'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.

Rennova Health Interest Expense Chart

Rennova Health Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.73 -9.84 -3.19 -2.26 -1.45

Rennova Health Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.55 -0.55 -0.43 -0.42 -0.05
RNVA
12GF Score
Rennova Health Inc RNVA
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Rennova Health 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.45 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-1.45 Mil mean?
Rennova Health (RNVA) has a Interest Expense of $-1.45 Mil as of Dec. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Rennova Health and its competitors.
Is Rennova Health's Interest Expense too high?
Rennova Health's current Interest Expense is $-1.45 Mil. Overall, Rennova Health has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Rennova Health's Interest Expense compare to ISPC and CNTGF?
Rennova Health's Interest Expense of $-1.45 Mil can be compared against companies in the Medical Diagnostics & Research industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Medical Diagnostics & Research company?
A good Interest Expense depends on the Medical Diagnostics & Research industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Rennova Health and its competitors. Rennova Health's current Interest Expense is $-1.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rennova Health stock overvalued right now?
Rennova Health (RNVA) has a current Interest Expense of $-1.45 Mil. The current Interest Expense is $-1.45 Mil. Rennova Health's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Rennova Health (RNVA), the current Interest Expense is $-1.45 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rennova Health Business Description

Address 477 S. Rosemary Avenue, Suite 800, West Palm Beach, FL, USA, 33401
Rennova Health Inc is a vertically integrated provider of healthcare-related products and services. The company operates through a single business segment namely the Hospital operations segment reflects the purchase of the hospital assets. Geographically, the activities are carried out throughout the region of the United States.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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