iNeedMD Holdings (iNeedMD Holdings) Interest Expense : $-0.04 Mil (TTM As of Mar. 2016)

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What is iNeedMD Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. iNeedMD Holdings's interest expense for the three months ended in Mar. 2016 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2016 was $-0.04 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. iNeedMD Holdings's Operating Income for the three months ended in Mar. 2016 was $ -1.33 Mil. iNeedMD Holdings's Interest Expense for the three months ended in Mar. 2016 was $ -0.03 Mil. iNeedMD Holdings did not have earnings to cover the interest expense. 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.

iNeedMD Holdings Interest Expense Historical Data

The historical data trend for iNeedMD Holdings'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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iNeedMD Holdings Interest Expense Chart

iNeedMD Holdings Annual Data

Trend

Nov12

Nov13

Nov14

Dec15

Interest Expense

-0.02

iNeedMD Holdings Quarterly Data
	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Mar15	Jun15	Sep15	Dec15	Mar16
Interest Expense	Get a 7-Day Free Trial										-0.01	-0.01	-0.01	-0.01	-0.03

iNeedMD Holdings 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 Mil.

iNeedMD Holdings (GREY:NEMD) 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.

iNeedMD Holdings's Interest Expense for the three months ended in Mar. 2016 was $-0.03 Mil. Its Operating Income for the three months ended in Mar. 2016 was $-1.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2016 was $0.00 Mil.

iNeedMD Holdings's Interest Coverage for the quarter that ended in Mar. 2016 is calculated as

iNeedMD Holdings did not have earnings to cover the interest expense.

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

iNeedMD Holdings (iNeedMD Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » iNeedMD Holdings Inc (GREY:NEMD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

650 First Avenue, Third Floor, New York, NY, USA, 10016

Website

http://www.ineedmd.com

iNeedMD Holdings Inc is a United States of America based medical device development company. The company's products include The EKG Glove and Portable ECG devices. Its product development programs focus on easy-to-use systems for collecting a plurality of diagnostic information and transmitting that data to local and remote locations. The EKG Glove provides healthcare workers with a standardized ECG solution that enables to quickly and accurately assess an individual's cardiac health.

Executives

Thomas Albert Nicolette

director, officer: President and CEO

7 SPRING HOLLOW ROAD, CENTERPORT NY 11721

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