DOCRF (CloudMD Software & Services) Interest Expense : $-1.17 Mil (TTM As of Mar. 2024)

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What is CloudMD Software & Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CloudMD Software & Services's interest expense for the three months ended in Mar. 2024 was $ -0.37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.17 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. CloudMD Software & Services's Operating Income for the three months ended in Mar. 2024 was $ -2.75 Mil. CloudMD Software & Services's Interest Expense for the three months ended in Mar. 2024 was $ -0.37 Mil. CloudMD Software & Services 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.

CloudMD Software & Services Interest Expense Historical Data

The historical data trend for CloudMD Software & Services'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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CloudMD Software & Services Interest Expense Chart

CloudMD Software & Services Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.23

-1.04

-1.40

-1.54

-1.28

CloudMD Software & Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.48	-0.31	-0.35	-0.14	-0.37

CloudMD Software & Services 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.17 Mil.

CloudMD Software & Services (OTCPK:DOCRF) 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.

CloudMD Software & Services's Interest Expense for the three months ended in Mar. 2024 was $-0.37 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-2.75 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $3.39 Mil.

CloudMD Software & Services's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

CloudMD Software & Services did not have earnings to cover the interest expense.

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

CloudMD Software & Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » CloudMD Software & Services Inc (OTCPK:DOCRF) » Definitions » Interest Expense

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DOC:Canada

Address

885 West Georgia Street, 2200 HSBC Building, Vancouver, BC, CAN, V6C 3E8

Website

https://www.cloudmd.ca

CloudMD Software & Services Inc is digitizing the delivery of healthcare by providing patients access to all points of their care from their phone, tablet or desktop computer. The company offers SAAS-based health technology solutions to medical clinics across Canada and has developed proprietary technology that delivers quality healthcare through the combination of connected primary care clinics, telemedicine, and artificial intelligence (AI). It has two segments Digital Health Solutions and Enterprise Health Solutions.