Mdechem (Mdechem) Interest Expense : $ Mil (TTM As of . 20)

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What is Mdechem Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mdechem's interest expense for the three months ended in . 20 was $ 0.00 Mil. Mdechem does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Mdechem's Operating Income for the three months ended in . 20 was $ 0.00 Mil. Mdechem's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. Mdechem 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.

Mdechem Interest Expense Historical Data

The historical data trend for Mdechem'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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Mdechem Interest Expense Chart

Mdechem Annual Data

Trend

Interest Expense

Mdechem Quarterly Data

Interest Expense

Mdechem Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Mdechem (OTCPK:MDKM) 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.

Mdechem's Interest Expense for the three months ended in . 20 was $0.00 Mil. Its Operating Income for the three months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was $0.00 Mil.

Mdechem's Interest Coverage for the quarter that ended in . 20 is calculated as

Mdechem had no long-term debt ⁽¹⁾.

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

Mdechem (Mdechem) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Mdechem Inc (OTCPK:MDKM) » Definitions » Interest Expense

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Address

923 10th Street, Suite PMB101, Floresville, TX, USA, 78114

Website

http://www.mdechem.com

Mdechem Inc is a chemical manufacturing company. The company's product include Sandklene 950 a U.S. patented chemical solution that recovers hydrocarbons from tar/oil sands, Diesel Clean Power 500 an EPA verified technology making engines operate more effectively while using less fuel and reducing emission pollutants and Phosfamid patented chemical solution that inhibits metal corrosion and reduces friction.

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