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

View and export this data going back to 2007. Start your Free Trial

What is Medical Imaging Interest Expense?

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 Interest Expense Historical Data

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.

* Premium members only.

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

-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															-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.

Medical Imaging (OTCPK:MEDD) 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.

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

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

Medical Imaging (Medical Imaging) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Medical Imaging Corp (OTCPK:MEDD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

848 N Rainbow Boulevard, Suite 2494, Las Vegas, NV, USA, 89107

Website

http://www.medimagingcorp.com

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.

Medical Imaging (Medical Imaging) Headlines

From GuruFocus

Medical Imaging Corp. Year Over Year Increase Scan Volume

By ACCESSWIRE AccessWire • 04-12-2019

Medical Imaging Corp. Announces Streamlined Operations, Focus on Profit & Growth

By ACCESSWIRE AccessWire • 04-12-2019

Medical Imaging Corp., CTS Announces New Contract for Teleradiology Coverage of 5 Hospitals

By ACCESSWIRE AccessWire • 04-12-2019

Medical Imaging Corp., Launches New Healthcare Subsidiary

By ACCESSWIRE AccessWire • 04-12-2019