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Biosyntech (Biosyntech) Interest Expense : $-0.16 Mil (TTM As of Dec. 2009)


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What is Biosyntech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Biosyntech's interest expense for the three months ended in Dec. 2009 was $ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2009 was $-0.16 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. Biosyntech's Operating Income for the three months ended in Dec. 2009 was $ -3.17 Mil. Biosyntech's Interest Expense for the three months ended in Dec. 2009 was $ -0.04 Mil. Biosyntech 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.


Biosyntech Interest Expense Historical Data

The historical data trend for Biosyntech'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.

Biosyntech Interest Expense Chart

Biosyntech Annual Data
Trend Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.38 -0.20

Biosyntech Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
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 -0.05 -0.04 -0.04 -0.04 -0.04

Biosyntech 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 Dec. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.16 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.


Biosyntech  (OTCPK:BSYI) 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.

Biosyntech's Interest Expense for the three months ended in Dec. 2009 was $-0.04 Mil. Its Operating Income for the three months ended in Dec. 2009 was $-3.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2009 was $1.42 Mil.

Biosyntech's Interest Coverage for the quarter that ended in Dec. 2009 is calculated as

Biosyntech 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.


Biosyntech (Biosyntech) Business Description

Traded in Other Exchanges
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Address
475 Boulevard Armand-Frappier, Laval, QC, CAN, H7V 4B3
Biosyntech Inc is engaged in developing advanced biotherapeutics thermogels specifically designed for tissue repair and delivery of therapeutic agents. The company's products include BST-CarGel, BST-InPod, BST-DermOn, BST-Ossifil and BST-Ossifix and BST-Disc for intervertebral disc restoration.

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