Inspiration Healthcare Group (LSE:IHC) Interest Expense : £-0.53 Mil (TTM As of Jul. 2023)

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What is Inspiration Healthcare Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inspiration Healthcare Group's interest expense for the six months ended in Jul. 2023 was £ -0.32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2023 was £-0.53 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. Inspiration Healthcare Group's Operating Income for the six months ended in Jul. 2023 was £ 0.56 Mil. Inspiration Healthcare Group's Interest Expense for the six months ended in Jul. 2023 was £ -0.32 Mil. Inspiration Healthcare Group's Interest Coverage for the quarter that ended in Jul. 2023 was 1.74. 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.

Inspiration Healthcare Group Interest Expense Historical Data

The historical data trend for Inspiration 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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Inspiration Healthcare Group Interest Expense Chart

Inspiration Healthcare Group Annual Data

Trend

Dec14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Interest Expense

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-0.02

-0.11

-0.30

-0.40

Inspiration Healthcare Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Interest Expense	Get a 7-Day Free Trial															-0.10	-0.20	-0.18	-0.21	-0.32

Inspiration 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 Jul. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.53 Mil.

Inspiration Healthcare Group (LSE:IHC) 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.

Inspiration Healthcare Group's Interest Expense for the six months ended in Jul. 2023 was £-0.32 Mil. Its Operating Income for the six months ended in Jul. 2023 was £0.56 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2023 was £9.85 Mil.

Inspiration Healthcare Group's Interest Coverage for the quarter that ended in Jul. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jul. 2023 )	/	Interest Expense (Q: Jul. 2023 )
	=	-1	*	0.556	/	-0.32
	=	1.74

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

Inspiration Healthcare Group (LSE:IHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Inspiration Healthcare Group PLC (LSE:IHC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 7/8 Commerce Park, Commerce Way, Croydon, GBR, CR0 4YL

Website

https://www.inspirationhealthcaregroup.com

Inspiration Healthcare Group PLC supplies outcome-improving medical devices in the areas of neonatal intensive care and patient warming. It operates in the Critical Care Medical Devices segment which includes Critical Care, Operating Theatre, and Home Healthcare. The company derives the maximum of its revenue from the United Kingdom through the Critical Care market division.