MEDD (Medical Imaging) Interest Coverage: 0.14 (As of Sep. 2018)


What is Medical Imaging Interest Coverage?

Medical Imaging MEDD Interest Coverage is 0.14 as of Sep. 2018.

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. Medical Imaging's Operating Income for the three months ended in Sep. 2018 was $0.05 Mil. Medical Imaging's Interest Expense for the three months ended in Sep. 2018 was $-0.35 Mil. Medical Imaging's interest coverage for the quarter that ended in Sep. 2018 was 0.14. The higher the ratio, the stronger the company's financial strength is.

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


MEDD's Interest Coverage is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 9.155
* 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.

Medical Imaging  (OTCPK:MEDD) 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 .

Medical Imaging Interest Coverage Related Terms

Medical Imaging Interest Coverage Historical Data

* Premium members only.

The historical data trend for Medical Imaging'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.

Medical Imaging Interest Coverage Chart

Medical Imaging Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 0.81 0.00 0.00 0.00

Medical Imaging Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Interest Coverage 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 0.00 0.00 0.00 0.59 0.14

MEDD vs TEAR, INVB, DCTH: Interest Coverage Comparison

For the Diagnostics & Research subindustry, Medical Imaging'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.

Medical Imaging Interest Coverage vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Medical Imaging's Interest Coverage distribution charts can be found below:

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


Medical Imaging 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.

Medical Imaging's Interest Coverage for the fiscal year that ended in Dec. 2017 is calculated as

Here, for the fiscal year that ended in Dec. 2017, Medical Imaging's Interest Expense was $-0.56 Mil. Its Operating Income was $-0.70 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.38 Mil.

Medical Imaging did not have earnings to cover the interest expense.

Medical Imaging's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Here, for the three months ended in Sep. 2018, Medical Imaging's Interest Expense was $-0.35 Mil. Its Operating Income was $0.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.00 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2018 )/Interest Expense (Q: Sep. 2018 )
=-1*0.047/-0.347
=0.14

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.14 mean?
Medical Imaging (MEDD) has a Interest Coverage of 0.14 as of Sep. 2018. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Medical Imaging and its competitors.
Is Medical Imaging's Interest Coverage too high?
Medical Imaging's current Interest Coverage is 0.14. The Medical Diagnostics & Research industry median Interest Coverage is 9.16. Medical Imaging's value of 0.14 is 98.5% below this industry median.
How does Medical Imaging's Interest Coverage compare to TEAR and INVB?
Medical Imaging's Interest Coverage of 0.14 can be compared against companies in the Medical Diagnostics & Research industry. The industry median Interest Coverage is 9.16. Medical Imaging's value of 0.14 is 98.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Medical Diagnostics & Research company?
The median Interest Coverage among Medical Diagnostics & Research companies is 9.16, based on 94 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Medical Imaging's current Interest Coverage of 0.14 is 98.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Medical Imaging and its competitors. For the Medical Diagnostics & Research industry, the median Interest Coverage is 9.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medical Imaging's current Interest Coverage is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Imaging stock overvalued right now?
Medical Imaging (MEDD) has a current Interest Coverage of 0.14. The current Interest Coverage is 0.14 and 98.5% below the Medical Diagnostics & Research industry median of 9.16. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Medical Imaging (MEDD), the current Interest Coverage is 0.14 as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Medical Imaging Business Description

Address 848 N Rainbow Boulevard, No. 2494, Las Vegas, NV, USA, 89107
Medical Imaging Corp is a United States-based healthcare services company focused on the acquisition of existing full-service imaging clinics. Through its subsidiaries, the firm provides medical diagnostic imaging services. The services provided include magnetic resonance imaging, CT scans, ultrasound, X-ray, and others. The group has operations in the United States and Canada. The organization generates revenue from the medical scans services and teleradiology services, of which medical scans services contributes the maximum to the revenue.