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MDCE (Medical Care Technologies) Interest Expense : $-0.53 Mil (TTM As of Sep. 2012)


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What is Medical Care Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Medical Care Technologies's interest expense for the three months ended in Sep. 2012 was $ -0.14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2012 was $-0.53 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. Medical Care Technologies's Operating Income for the three months ended in Sep. 2012 was $ -0.42 Mil. Medical Care Technologies's Interest Expense for the three months ended in Sep. 2012 was $ -0.14 Mil. Medical Care Technologies 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.

Medical Care Technologies Interest Expense Historical Data

The historical data trend for Medical Care Technologies'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.

* Premium members only.

Medical Care Technologies Interest Expense Chart

Medical Care Technologies Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Interest Expense
- - - - -0.49

Medical Care Technologies Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
Interest Expense 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 -0.14 -0.16 -0.09 -0.14 -0.14

Medical Care Technologies 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 Sep. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.53 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.

Medical Care Technologies  (OTCPK:MDCE) 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.

Medical Care Technologies's Interest Expense for the three months ended in Sep. 2012 was $-0.14 Mil. Its Operating Income for the three months ended in Sep. 2012 was $-0.42 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2012 was $0.00 Mil.

Medical Care Technologies's Interest Coverage for the quarter that ended in Sep. 2012 is calculated as

Medical Care Technologies did not have earnings to cover the interest expense.

* 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.

Medical Care Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Medical Care Technologies Inc (OTCPK:MDCE) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
1910 S. Stapley Drive, Suite 221, Mesa, AZ, USA, 85204
Website
https://www.medcaretechinc.com
Medical Care Technologies Inc provides an online platform for memorabilia collectors and professional athletes to consign and sell high valued collectibles in a secure online auction format.