GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Jack Nathan Medical Corp (TSXV:JNH) » Definitions » Interest Expense

Jack Nathan Medical (TSXV:JNH) Interest Expense : C$-0.94 Mil (TTM As of Oct. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Jack Nathan Medical Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jack Nathan Medical's interest expense for the three months ended in Oct. 2023 was C$ -0.47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was C$-0.94 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. Jack Nathan Medical's Operating Income for the three months ended in Oct. 2023 was C$ -0.93 Mil. Jack Nathan Medical's Interest Expense for the three months ended in Oct. 2023 was C$ -0.47 Mil. Jack Nathan Medical 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.


Jack Nathan Medical Interest Expense Historical Data

The historical data trend for Jack Nathan Medical'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.

* Premium members only.

Jack Nathan Medical Interest Expense Chart

Jack Nathan Medical Annual Data
Trend Dec18 Dec19 Jan20 Jan21 Jan22 Jan23
Interest Expense
Get a 7-Day Free Trial - - -0.04 -0.18 -0.41

Jack Nathan Medical Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.04 -0.25 -0.14 -0.09 -0.47

Jack Nathan Medical 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.94 Mil.

* 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.


Jack Nathan Medical  (TSXV:JNH) Interest Expense Explanation

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. The higher, the better.

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

Jack Nathan Medical's Interest Expense for the three months ended in Oct. 2023 was C$-0.47 Mil. Its Operating Income for the three months ended in Oct. 2023 was C$-0.93 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was C$9.32 Mil.

Jack Nathan Medical's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Jack Nathan Medical did not have earnings to cover the interest expense.

* 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.

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


Jack Nathan Medical (TSXV:JNH) Business Description

Traded in Other Exchanges
Address
6 - 6150 Highway 7, Suite 491, Jack Nathan Health, Woodbridge, ON, CAN, L4H 0R6
Jack Nathan Medical Corp is a healthcare company that is improving access for millions of patients by co-locating physician and ancillary medical services, conveniently inside Walmart stores. The company generates the majority of its revenues from license fees, which are charged in exchange for the right to use its brand name and the licensed premises. Its geographical segments are Canada, which accounts for the vast majority of revenue; Mexico; and China.
Executives
George Barakat 10% Security Holder, Director

Jack Nathan Medical (TSXV:JNH) Headlines

No Headlines