MEDD (Medical Imaging) Interest Expense: $-0.71 Mil (TTM As of Sep. 2018)


What is Medical Imaging Interest Expense?

Medical Imaging MEDD Interest Expense is $-0.71 Mil as of Sep. 2018.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Medical Imaging's interest expense for the three months ended in Sep. 2018 was $ -0.35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2018 was $-0.71 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 Imaging's Operating Income for the three months ended in Sep. 2018 was $ 0.05 Mil. Medical Imaging's Interest Expense for the three months ended in Sep. 2018 was $ -0.35 Mil. Medical Imaging's Interest Coverage for the quarter that ended in Sep. 2018 was 0.14. 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 Imaging  (OTCPK:MEDD) 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 Imaging's Interest Expense for the three months ended in Sep. 2018 was $-0.35 Mil. Its Operating Income for the three months ended in Sep. 2018 was $0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2018 was $1.00 Mil.

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

Interest Coverage=-1* Operating Income (Q: Sep. 2018 )/Interest Expense (Q: Sep. 2018 )
=-1*0.047/-0.347
=0.14

* 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 Imaging Interest Expense Historical Data

* Premium members only.

The historical data trend for Medical Imaging'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.

Medical Imaging Interest Expense Chart

Medical Imaging Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.30 -0.34 -0.50 -0.49 -0.56

Medical Imaging Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 -0.30 0.33 -0.41 -0.28 -0.35

Medical Imaging 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.71 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 $-0.71 Mil mean?
Medical Imaging (MEDD) has a Interest Expense of $-0.71 Mil as of Sep. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on Medical Imaging and its competitors.
Is Medical Imaging's Interest Expense too high?
Medical Imaging's current Interest Expense is $-0.71 Mil.
How does Medical Imaging's Interest Expense compare to TEAR and INVB?
Medical Imaging's Interest Expense of $-0.71 Mil can be compared against companies in the Medical Diagnostics & Research 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 Diagnostics & Research company?
A good Interest Expense depends on the Medical Diagnostics & Research 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 Medical Imaging and its competitors. Medical Imaging's current Interest Expense is $-0.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical Imaging stock overvalued right now?
Medical Imaging (MEDD) has a current Interest Expense of $-0.71 Mil. The current Interest Expense is $-0.71 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 Medical Imaging (MEDD), the current Interest Expense is $-0.71 Mil as of Sep. 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.

Medical Imaging Business Description

Address 848 N Rainbow Boulevard, No. 2494, Las Vegas, NV, USA, 89107
Medical Imaging Corp is a United States-based healthcare services company focused on the acquisition of existing full-service imaging clinics. Through its subsidiaries, the firm provides medical diagnostic imaging services. The services provided include magnetic resonance imaging, CT scans, ultrasound, X-ray, and others. The group has operations in the United States and Canada. The organization generates revenue from the medical scans services and teleradiology services, of which medical scans services contributes the maximum to the revenue.