Avitar (Avitar) Interest Expense : $0.00 Mil (TTM As of Dec. 2007)

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What is Avitar Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avitar's interest expense for the three months ended in Dec. 2007 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2007 was $0.00 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. Avitar's Operating Income for the three months ended in Dec. 2007 was $ -0.81 Mil. Avitar's Interest Expense for the three months ended in Dec. 2007 was $ 0.00 Mil. GuruFocus does not calculate Avitar's interest coverage with the available data. 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.

Avitar Interest Expense Historical Data

The historical data trend for Avitar'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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Avitar Interest Expense Chart

Avitar Annual Data

Trend

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Interest Expense

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Avitar Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Avitar 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. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Avitar (OTCPK:AVTI) 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.

Avitar's Interest Expense for the three months ended in Dec. 2007 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2007 was $-0.81 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2007 was $4.07 Mil.

Avitar's Interest Coverage for the quarter that ended in Dec. 2007 is calculated as

GuruFocus does not calculate Avitar's interest coverage with the available data.

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

Avitar (Avitar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Avitar Inc (OTCPK:AVTI) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

5005 Elbow Drive SW, Suite 207, Calgary, AB, CAN, T2S 1T9

Website

Avitar Inc, through its subsidiary Avitar Technologies, develops, manufactures, and markets products for oral fluid diagnostics, disease and clinical testing, and wound treating.