ALR Technologies SG (ALR Technologies SG) Interest Expense : $-0.65 Mil (TTM As of Jun. 2023)

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What is ALR Technologies SG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ALR Technologies SG's interest expense for the three months ended in Jun. 2023 was $ -0.65 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.65 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. ALR Technologies SG's Operating Income for the three months ended in Jun. 2023 was $ -1.27 Mil. ALR Technologies SG's Interest Expense for the three months ended in Jun. 2023 was $ -0.65 Mil. ALR Technologies SG 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.

ALR Technologies SG Interest Expense Historical Data

The historical data trend for ALR Technologies SG'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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ALR Technologies SG Interest Expense Chart

ALR Technologies SG Annual Data

Trend

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Dec22

Interest Expense

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-1.94

-5.26

-2.12

-5.47

-6.35

ALR Technologies SG Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial															-2.67	-0.55	-0.56	-	-0.65

ALR Technologies SG 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.65 Mil.

ALR Technologies SG (OTCPK:ALRTF) 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.

ALR Technologies SG's Interest Expense for the three months ended in Jun. 2023 was $-0.65 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-1.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $3.88 Mil.

ALR Technologies SG's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

ALR Technologies SG did not have earnings to cover the interest expense.

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

ALR Technologies SG (ALR Technologies SG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ALR Technologies SG Ltd (OTCPK:ALRTF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7400 Beaufont Springs Drive, Suite 300, Richmond, VA, USA, 23225

Website

https://www.alrt.com

ALR Technologies SG Ltd formerly ALR Technologies Inc is a medical device company, which focuses on commercializing its Health-e-Connect System. It has developed a compliance monitoring system that will allow healthcare professionals to remotely monitor patient health conditions and provide patient health management. The company's Health-e-Connect Remote Diabetes Management Program is remote monitoring and care facilitation program that allows patients to upload their blood glucose data from their glucometers. Its geographical segments are the United States, Singapore, and Others.

Executives

Sidney Chan	director, officer: CEO	7400 BEAUFONT SPRINGS DRIVE, SUITE 300, SUITE 300, RICHMOND VA 23225
Ronald Cheng	director	255 SPRINGFIELD ROAD, OTTAWA A6 K1M 0K8
Peter H Stafford	director	1-405 81ST STREET, OSOYOOS A1 V0H 1V2
William S Smith	director, officer: Chief Commercial Officer	46 CHESTNUT HILL ROAD, WILTON CT 06897
Kenneth Robulak	director	521 MANDALAY AVENUE, APT. 302, CLEARWATER FL 33767
Alfonso Salas	director	2106 WEST 33RD AVENUE, VANCOUVER A1 V6M 1B9
Lawrence A Weinstein	director, officer: President	13436 BLUE HEON LOOP, CHESTERFIELD VA 23838
Jaroslav V Tichy	officer: Vice-President - Technologies	114M REYNOLDA VILLAGE, WINSTON-SALEM NC 27106
Stanley Cruitt	director, 10 percent owner, officer: President	114M REYNOLDA VILLAGE, WINSTON-SALEM NC 27106