Business Segments · Interest Expense

CenterWell — Interest Expense

Humana CenterWell — Interest Expense increased by 100.0% to $2.00M in Q3 2024 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryLeverage
SignalLower is better
VolatilityStable
Rolls up toInterest Expense

How to read this metric

An increase suggests higher leverage or rising interest rates impacting the segment, while a decrease indicates lower debt levels or improved financing terms.

Detailed definition

Represents the cost incurred by the CenterWell business segment for borrowed funds used to finance operations or capital...

Peer comparison

Similar to interest expense allocations in other healthcare services or pharmacy benefit management segments.

Metric ID: hum_segment_centerwell_interest_expense

Historical Data

4 periods
 Q2 '23Q3 '23Q2 '24Q3 '24
Value$1.00M$1.00M$1.00M$2.00M
QoQ Change+0.0%+0.0%+100.0%
YoY Change+0.0%+100.0%
Range$1.00M$2.00M
Avg YoY Growth+50.0%
Median YoY Growth+50.0%
Current Streak3+ quarters growth

Frequently Asked Questions

What is Humana's centerwell — interest expense?
Humana (HUM) reported centerwell — interest expense of $2.00M in Q3 2024.
What does centerwell — interest expense mean?
The interest costs specifically attributed to the CenterWell business unit.