MDRM (Modern Mobility Aids) Interest Expense: $-0.01 Mil (TTM As of Mar. 2015)

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What is Modern Mobility Aids Interest Expense?

Modern Mobility Aids MDRM Interest Expense is $-0.01 Mil as of Mar. 2015.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Modern Mobility Aids's interest expense for the three months ended in Mar. 2015 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2015 was $-0.01 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. Modern Mobility Aids's Operating Income for the three months ended in Mar. 2015 was $ -0.11 Mil. Modern Mobility Aids's Interest Expense for the three months ended in Mar. 2015 was $ -0.00 Mil. Modern Mobility Aids 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.

Modern Mobility Aids  (OTCPK:MDRM) 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.

Modern Mobility Aids's Interest Expense for the three months ended in Mar. 2015 was $-0.00 Mil. Its Operating Income for the three months ended in Mar. 2015 was $-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2015 was $0.00 Mil.

Modern Mobility Aids's Interest Coverage for the quarter that ended in Mar. 2015 is calculated as

Modern Mobility Aids 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.

Modern Mobility Aids Interest Expense Historical Data

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The historical data trend for Modern Mobility Aids'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.

Modern Mobility Aids Interest Expense Chart

Modern Mobility Aids Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14
Interest Expense
0.00 0.00 0.00 0.00 -0.00

Modern Mobility Aids Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 0.00 0.00 -0.00 -0.00 -0.00

Modern Mobility Aids 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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 $-0.01 Mil mean?
Modern Mobility Aids (MDRM) has a Interest Expense of $-0.01 Mil as of Mar. 2015. Interest Expense is the amount a company pays on its long-term debt. View historical data on Modern Mobility Aids and its competitors.
Is Modern Mobility Aids' Interest Expense too high?
Modern Mobility Aids' current Interest Expense is $-0.01 Mil.
How does Modern Mobility Aids' Interest Expense compare to MGPC and POYN?
Modern Mobility Aids' Interest Expense of $-0.01 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Interest Expense depends on the Healthcare Providers & Services 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 Modern Mobility Aids and its competitors. Modern Mobility Aids's current Interest Expense is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Mobility Aids stock overvalued right now?
Modern Mobility Aids (MDRM) has a current Interest Expense of $-0.01 Mil. The current Interest Expense is $-0.01 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 Modern Mobility Aids (MDRM), the current Interest Expense is $-0.01 Mil as of Mar. 2015. 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.

Modern Mobility Aids Business Description

Address 1968 South Coast Highway, Suite1094, Laguna Beach, CA, USA, 92651
Modern Mobility Aids Inc is currently focusing on Digital Health, Telehealth, Virtual Care, Cardiac Monitoring, Mental Health, Tele-Monitoring, and other emerging opportunities in the rapidly changing healthcare environment, with a special emphasis on the Canadian, Latin American, and US markets. The company aims to build a common/shared platform through which it can provide Virtual Health Care services and home medical monitoring.