Brookdale Senior Living (Brookdale Senior Living) Interest Coverage : 0.11 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Brookdale Senior Living Interest Coverage?

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 by its Interest Expense. Brookdale Senior Living's Operating Income for the three months ended in Dec. 2023 was $7 Mil. Brookdale Senior Living's Interest Expense for the three months ended in Dec. 2023 was $-59 Mil. Brookdale Senior Living's interest coverage for the quarter that ended in Dec. 2023 was 0.11. 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. Brookdale Senior Living Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for Brookdale Senior Living's Interest Coverage or its related term are showing as below:

BKD' s Interest Coverage Range Over the Past 10 Years
Min: 0.03 Med: 0.16 Max: 0.6
Current: 0.1

BKD's Interest Coverage is ranked worse than
99.51% of 406 companies
in the Healthcare Providers & Services industry
Industry Median: 9.005 vs BKD: 0.10

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Brookdale Senior Living Interest Coverage Historical Data

The historical data trend for Brookdale Senior Living's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Brookdale Senior Living Interest Coverage Chart

Brookdale Senior Living Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

0.03

0.04

0.10

Brookdale Senior Living Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															-	0.14	0.09	0.05	0.11

Competitive Comparison of Brookdale Senior Living's Interest Coverage

For the Medical Care Facilities subindustry, Brookdale Senior Living's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Brookdale Senior Living's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Brookdale Senior Living's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Brookdale Senior Living's Interest Coverage falls into.

Brookdale Senior Living Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Brookdale Senior Living's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Brookdale Senior Living's Interest Expense was $-232 Mil. Its Operating Income was $23 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,491 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	22.688	/	-231.722
	=	0.10

Brookdale Senior Living's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Brookdale Senior Living's Interest Expense was $-59 Mil. Its Operating Income was $7 Mil. And its Long-Term Debt & Capital Lease Obligation was $4,491 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	6.729	/	-58.783
	=	0.11

The higher the ratio, the stronger the company's Financial Strength is.

Brookdale Senior Living (NYSE:BKD) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Brookdale Senior Living Interest Coverage Related Terms

Thank you for viewing the detailed overview of Brookdale Senior Living's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Brookdale Senior Living (Brookdale Senior Living) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Brookdale Senior Living Inc (NYSE:BKD) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

B7S:Germany

Address

111 Westwood Place, Suite 400, Brentwood, TN, USA, 37027

Website

https://www.brookdale.com

Brookdale operates senior living communities throughout the United States. Private pay customers contribute the majority of its resident fees. Brookdale's retirement centers are targeted toward middle- to upper-income seniors, typically over the age of 75. It provides basic services, like meals and housekeeping, and supplemental-care services to assist residents with daily activities. Brookdale's assisted living communities offer 24-hour assistance with daily activities and include memory-care communities that are specifically designed for residents with Alzheimer's disease or other dementia. Its continuing-care retirement centers are large communities that accommodate all levels of physical ability and health. The majority of the firm's revenue comes from assisted living resident fees.

Executives

Marcus E Bromley	director
Jordan R Asher	director	C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Benjamin J. Ricci	officer: Division Vice President	111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Laura E. Fischer	officer: Division Vice President	111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Frank M Bumstead	director	2300 CHARLOTTE AVENUE, STE 103, NASHVILLE TN 37203
Jaclyn C Pritchett	officer: EVP - Human Resources	111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Lucinda M Baier	officer: Chief Financial Officer	111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
George T Hicks	officer: Executive Vice President	BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Kevin W Bowman	officer: EVP-Community Operations	111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Rita Johnson-mills	director	C/O BROOKDALE SENIOR LIVING INC., 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Lee S Wielansky	director	PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Denise Wilder Warren	director	6600 WALL STREET, MOBILE AL 36695
Cindy Kent	officer: EVP & President Senior Housing	7601 PENN AVENUE SOUTH, RICHFIELD MN 55418
Vicki L Freed	director	6262 SUNSET DRIVE, MIAMI FL 33143
Guy P Sansone	director	C/O MEDNAX, 1301 CONCORD TERRACE, SUNRISE FL 33323