KVMD (Kelvin Medical) Interest Expense: $0.00 Mil (TTM As of Mar. 2018)


What is Kelvin Medical Interest Expense?

Kelvin Medical KVMD Interest Expense is $0.00 Mil as of Mar. 2018.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kelvin Medical's interest expense for the three months ended in Mar. 2018 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2018 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. Kelvin Medical's Operating Income for the three months ended in Mar. 2018 was $ -0.06 Mil. Kelvin Medical's Interest Expense for the three months ended in Mar. 2018 was $ 0.00 Mil. Kelvin Medical has no long-term debt (1). 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.

(1) Note: An indication of "no long-term 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.

Kelvin Medical  (OTCPK:KVMD) Interest Expense Explanation

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. The higher, the better.

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

Kelvin Medical's Interest Expense for the three months ended in Mar. 2018 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2018 was $-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2018 was $0.00 Mil.

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

Kelvin Medical had no long-term 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.

Kelvin Medical Interest Expense Historical Data

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The historical data trend for Kelvin Medical'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.

Kelvin Medical Interest Expense Chart

Kelvin Medical Annual Data
Trend Jun16 Jun17
Interest Expense
0.00 -0.06

Kelvin Medical Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Interest Expense Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Kelvin Medical 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $0.00 Mil mean?
Kelvin Medical (KVMD) has a Interest Expense of $0.00 Mil as of Mar. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on Kelvin Medical and its competitors.
Is Kelvin Medical's Interest Expense too high?
Kelvin Medical's current Interest Expense is $0.00 Mil.
How does Kelvin Medical's Interest Expense compare to XTNT and ACRX?
Kelvin Medical's Interest Expense of $0.00 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Medical Devices & Instruments company?
A good Interest Expense depends on the Medical Devices & Instruments industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Kelvin Medical and its competitors. Kelvin Medical's current Interest Expense is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelvin Medical stock overvalued right now?
Kelvin Medical (KVMD) has a current Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Kelvin Medical (KVMD), the current Interest Expense is $0.00 Mil as of Mar. 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.

Kelvin Medical Business Description

Address 10930 Skyranch Place, Nevada, CA, USA, 95959
Kelvin Medical Inc is a consumer medical device company. It is engaged in the development, production, and sale of medical devices. The company intends to serve the healthcare services companies who specialize in the distribution of medical products, pharmacies, representatives and sporting goods stores. The company has developed the Therm-N-Ice is a wearable consumer medical device.