NGMDF (NuGen Medical Devices) Interest Expense: $-2.39 Mil (TTM As of Mar. 2026)


What is NuGen Medical Devices Interest Expense?

NuGen Medical Devices NGMDF Interest Expense is $-2.39 Mil as of Mar. 2026. The stock has 7 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NuGen Medical Devices's interest expense for the three months ended in Mar. 2026 was $ -0.65 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-2.39 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. NuGen Medical Devices's Operating Income for the three months ended in Mar. 2026 was $ -0.88 Mil. NuGen Medical Devices's Interest Expense for the three months ended in Mar. 2026 was $ -0.65 Mil. NuGen Medical Devices 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.

NuGen Medical Devices  (OTCPK:NGMDF) 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.

NuGen Medical Devices's Interest Expense for the three months ended in Mar. 2026 was $-0.65 Mil. Its Operating Income for the three months ended in Mar. 2026 was $-0.88 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $10.79 Mil.

NuGen Medical Devices's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

NuGen Medical Devices 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.

NuGen Medical Devices Interest Expense Historical Data

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The historical data trend for NuGen Medical Devices'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.

NuGen Medical Devices Interest Expense Chart

NuGen Medical Devices Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial -0.96 -0.74 -0.92 -1.17 -2.22

NuGen Medical Devices Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.47 -0.54 -0.58 -0.62 -0.65

NuGen Medical Devices 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.39 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 $-2.39 Mil mean?
NuGen Medical Devices (NGMDF) has a Interest Expense of $-2.39 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on NuGen Medical Devices and its competitors.
Is NuGen Medical Devices' Interest Expense too high?
NuGen Medical Devices' current Interest Expense is $-2.39 Mil.
How does NuGen Medical Devices' Interest Expense compare to ABT and SYK?
NuGen Medical Devices' Interest Expense of $-2.39 Mil can be compared against companies in the Medical Devices & Instruments 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 Devices & Instruments company?
A good Interest Expense depends on the Medical Devices & Instruments 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 NuGen Medical Devices and its competitors. NuGen Medical Devices's current Interest Expense is $-2.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuGen Medical Devices stock overvalued right now?
Based on GuruFocus' analysis, NuGen Medical Devices (NGMDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.02, compared to a current price of $0.02 — trading 21.8% below its estimated fair value. The current Interest Expense is $-2.39 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 NuGen Medical Devices (NGMDF), the current Interest Expense is $-2.39 Mil as of Mar. 2026. 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.

NuGen Medical Devices Business Description

Other Exchanges 79O:GermanyNGMD:Canada
Address 18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4
NuGen Medical Devices Inc is a medical device manufacturing company specializing in the field of needleless injections and related technologies. The reportable segment of the company is the manufacturing of needle injector devices. Geographically, the company generates revenue from Europe, followed by Asia, and other.