Community Health Systems (FRA:CG5) Interest Expense : €-774 Mil (TTM As of Mar. 2024)

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What is Community Health Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Community Health Systems's interest expense for the three months ended in Mar. 2024 was € -194 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-774 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. Community Health Systems's Operating Income for the three months ended in Mar. 2024 was € 228 Mil. Community Health Systems's Interest Expense for the three months ended in Mar. 2024 was € -194 Mil. Community Health Systems's Interest Coverage for the quarter that ended in Mar. 2024 was 1.18. 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.

Community Health Systems Interest Expense Historical Data

The historical data trend for Community Health Systems'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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Community Health Systems Interest Expense Chart

Community Health Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-939.60

-849.95

-785.88

-811.84

-762.94

Community Health Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-193.34	-191.06	-194.90	-193.49	-194.12

Community Health Systems 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 €-774 Mil.

Community Health Systems (FRA:CG5) 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.

Community Health Systems's Interest Expense for the three months ended in Mar. 2024 was €-194 Mil. Its Operating Income for the three months ended in Mar. 2024 was €228 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €11,113 Mil.

Community Health Systems's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	228.16	/	-194.12
	=	1.18

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. Community Health Systems Inc interest coverage is 1.11, which is low.

Community Health Systems (FRA:CG5) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Community Health Systems Inc (FRA:CG5) » Definitions » Interest Expense

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CYH:USA

Address

4000 Meridian Boulevard, Franklin, TN, USA, 37067

Website

https://www.chs.net

Community Health Systems Inc is the largest publicly owned hospital operator in the United States. The company owns or leases over 83 hospitals located in nonurban and urban markets. The company also owns four home health agencies and provides management and consulting services to independent hospitals. The firm derives revenue through a broad range of general and specialized hospital healthcare services and outpatient services.

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