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Mdechem (Mdechem) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Mdechem Interest Coverage?

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 by its Interest Expense. Mdechem's Operating Income for the three months ended in . 20 was $0.00 Mil. Mdechem's Interest Expense for the three months ended in . 20 was $0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Mdechem's Interest Coverage or its related term are showing as below:


MDKM's Interest Coverage is not ranked *
in the Biotechnology industry.
Industry Median: 156.65
* Ranked among companies with meaningful Interest Coverage only.

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


Mdechem Interest Coverage Historical Data

The historical data trend for Mdechem's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Mdechem Interest Coverage Chart

Mdechem Annual Data
Trend
Interest Coverage

Mdechem Quarterly Data
Interest Coverage

Competitive Comparison of Mdechem's Interest Coverage

For the Biotechnology subindustry, Mdechem's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mdechem's Interest Coverage Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Mdechem's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mdechem's Interest Coverage falls into.



Mdechem Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


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

Mdechem's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Mdechem's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Mdechem had no debt (1).

Mdechem's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, Mdechem's Interest Expense was $0.00 Mil. Its Operating Income was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Mdechem had no debt (1).

* 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.


Mdechem  (OTCPK:MDKM) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Mdechem Interest Coverage Related Terms

Thank you for viewing the detailed overview of Mdechem's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Mdechem (Mdechem) Business Description

Traded in Other Exchanges
N/A
Address
923 10th Street, Suite PMB101, Floresville, TX, USA, 78114
Mdechem Inc is a chemical manufacturing company. The company's product include Sandklene 950 a U.S. patented chemical solution that recovers hydrocarbons from tar/oil sands, Diesel Clean Power 500 an EPA verified technology making engines operate more effectively while using less fuel and reducing emission pollutants and Phosfamid patented chemical solution that inhibits metal corrosion and reduces friction.

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