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Signify Health (Signify Health) Interest Expense : $-20.6 Mil (TTM As of Dec. 2022)


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What is Signify Health Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Signify Health's interest expense for the three months ended in Dec. 2022 was $ -6.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was $-20.6 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. Signify Health's Operating Income for the three months ended in Dec. 2022 was $ 138.1 Mil. Signify Health's Interest Expense for the three months ended in Dec. 2022 was $ -6.0 Mil. Signify Health's Interest Coverage for the quarter that ended in Dec. 2022 was 23.02. 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.


Signify Health Interest Expense Historical Data

The historical data trend for Signify 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.

* Premium members only.

Signify Health Interest Expense Chart

Signify Health Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
-21.40 -21.20 -22.20 -21.70 -20.60

Signify Health Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -4.20 -4.00 -4.60 -6.00 -6.00

Signify 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-20.6 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.


Signify Health  (NYSE:SGFY) 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.

Signify Health's Interest Expense for the three months ended in Dec. 2022 was $-6.0 Mil. Its Operating Income for the three months ended in Dec. 2022 was $138.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2022 was $358.6 Mil.

Signify Health's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*138.1/-6
=23.02

* 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.


Signify Health (Signify Health) Business Description

Traded in Other Exchanges
N/A
Address
800 Connecticut Avenue, 3rd Floor, Norwalk, CT, USA, 06854
Signify Health Inc is a healthcare technology company that leverages advanced analytics, technology, and nationwide healthcare provider networks to create and power value-based payment programs. The customers include health plans, governments, employers, health systems and physician groups. Its operating segment includes Home and Community Services and Episodes of Care Services. The company generates maximum revenue from the Home and Community Services segment.
Executives
David Pierre officer: Chief Operating Officer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Paymon Farazi officer: Chief Product Officer C/O SIGNIFY HEALTH, INC., 800 CONNECTICUT AVE, NORWALK CT 06854
Tim Gronniger officer: Ch. Value-Based Sols. Off C/O SIGNIFY HEALTH, INC., 800 CONNECTICUT AVE, NORWALK CT 06854
Vivian E. Riefberg director 800 CONNECTICUT AVENUE, NORWALK CT 06854
Adam Mcananey officer: General Counsel and Secretary 800 CONNECTICUT AVENUE, NORWALK CT 06854
Marc D Rothman officer: Chief Medical Officer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Kyle B. Peterson director 800 CONNECTICUT AVENUE, NORWALK CT 06854
Taj J. Clayton director 800 CONNECTICUT AVENUE, NORWALK CT 06854
Josh Builder officer: Chief Technology Officer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Heather Brianne Dixon director AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Steve Senneff officer: Pres. Chief Fin. & Admin. Off. C/O COTIVITI HOLDINGS, INC., 115 PERIMETER CENTER PLACE, SUITE 700, ATLANTA GA 30346
Bradford Kyle Armbrester director, officer: Chief Executive Officer 311 ARSENAL STREET, WATERTOWN MA 02472
Albert A Notini director C/O DELTEK, INC., 2291 WOOD OAK DRIVE, HERNDON VA 20171
Kevin M Mcnamara director 2200 DON TYSON PARKWAY, SPRINGDALE AR 72762
Matthew S. Holt director C/O NEW MOUNTAIN CAPITAL, LLC, 787 SEVENTH AVENUE, 49TH FLOOR, NEW YORK NY 10019

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