Primemd (Primemd) Interest Coverage : No Debt ⁽¹⁾ (As of Dec. 2008)

Primemd Interest Coverage Chart

Primemd Annual Data
	Trend	Mar98	Mar99	Mar00	Mar01	Mar02	Mar03	Mar04	Mar05	Mar06	Mar07
Interest Coverage		Get a 7-Day Free Trial					No Debt	No Debt	No Debt	No Debt	No Debt

Primemd Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08
Interest Coverage	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Primemd's Interest Coverage

For the Medical Care Facilities subindustry, Primemd'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.

Primemd's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Primemd's Interest Coverage distribution charts can be found below:

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

Primemd 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

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

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

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

Primemd's Interest Coverage for the fiscal year that ended in Mar. 2007 is calculated as

Here, for the fiscal year that ended in Mar. 2007, Primemd's Interest Expense was $0.00 Mil. Its Operating Income was $-0.22 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Primemd's Interest Coverage for the quarter that ended in Dec. 2008 is calculated as

Here, for the three months ended in Dec. 2008, Primemd's Interest Expense was $0.00 Mil. Its Operating Income was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 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.

The higher the ratio, the stronger the company's Financial Strength is.

Primemd  (OTCPK:PRMD) 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 .

Primemd Interest Coverage Related Terms

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

Primemd (Primemd) Business Description