Paradigm Medical Industries (Paradigm Medical Industries) Interest Expense : $-0.15 Mil (TTM As of Dec. 2011)

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What is Paradigm Medical Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Paradigm Medical Industries's interest expense for the six months ended in Dec. 2011 was $ -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2011 was $-0.15 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. Paradigm Medical Industries's Operating Income for the six months ended in Dec. 2011 was $ -0.33 Mil. Paradigm Medical Industries's Interest Expense for the six months ended in Dec. 2011 was $ -0.15 Mil. Paradigm Medical Industries 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.

Paradigm Medical Industries Interest Expense Historical Data

The historical data trend for Paradigm Medical Industries'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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Paradigm Medical Industries Interest Expense Chart

Paradigm Medical Industries Annual Data

Trend

Dec02

Dec03

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Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Interest Expense

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-0.26

-0.16

-0.15

Paradigm Medical Industries Semi-Annual Data
	Sep95	Sep96	Dec97	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11
Interest Expense	Get a 7-Day Free Trial												-	-	-0.26	-0.16	-0.15

Paradigm Medical Industries Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2011 was $-0.15 Mil.

Paradigm Medical Industries (OTCPK:PDMI) 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.

Paradigm Medical Industries's Interest Expense for the six months ended in Dec. 2011 was $-0.15 Mil. Its Operating Income for the six months ended in Dec. 2011 was $-0.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2011 was $0.62 Mil.

Paradigm Medical Industries's Interest Coverage for the quarter that ended in Dec. 2011 is calculated as

Paradigm Medical Industries did not have earnings to cover the interest expense.

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

Paradigm Medical Industries (Paradigm Medical Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Paradigm Medical Industries Inc (OTCPK:PDMI) » Definitions » Interest Expense

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Address

4273 South 590 West, Salt Lake City, UT, USA, 84123

Website

http://www.paradigm-medical.com

Paradigm Medical Industries Inc is engaged in the design, development, manufacture and sale of high technology diagnostic eye care instruments and related products for detection of glaucoma and other eye disorders.

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