Net Medical Xpress Solutions (Net Medical Xpress Solutions) Interest Expense : $-0.01 Mil (TTM As of Jun. 2018)

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What is Net Medical Xpress Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Net Medical Xpress Solutions's interest expense for the three months ended in Jun. 2018 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2018 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. Net Medical Xpress Solutions's Operating Income for the three months ended in Jun. 2018 was $ 0.02 Mil. Net Medical Xpress Solutions's Interest Expense for the three months ended in Jun. 2018 was $ -0.00 Mil. Net Medical Xpress Solutions's Interest Coverage for the quarter that ended in Jun. 2018 was 3.75. 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.

Net Medical Xpress Solutions Interest Expense Historical Data

The historical data trend for Net Medical Xpress Solutions'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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Net Medical Xpress Solutions Interest Expense Chart

Net Medical Xpress Solutions Annual Data

Trend

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Interest Expense

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-0.01

-0.02

-0.01

Net Medical Xpress Solutions Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Net Medical Xpress Solutions 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 Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Net Medical Xpress Solutions (OTCPK:NMXS) 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.

Net Medical Xpress Solutions's Interest Expense for the three months ended in Jun. 2018 was $-0.00 Mil. Its Operating Income for the three months ended in Jun. 2018 was $0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2018 was $0.00 Mil.

Net Medical Xpress Solutions's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2018 )	/	Interest Expense (Q: Jun. 2018 )
	=	-1	*	0.015	/	-0.004
	=	3.75

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

Net Medical Xpress Solutions (Net Medical Xpress Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Net Medical Xpress Solutions Inc (OTCPK:NMXS) » Definitions » Interest Expense

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Address

8206 Louisiana Boulevard NE, Suite A, Albuquerque, NM, USA, 87113

Website

https://www.welcome.netmedical.com

Net Medical Xpress Solutions Inc is engaged in providing solutions to the telemedicine industry which deliver medical laboratory services. It offers proprietary software that links electronic medical records while enabling state-of-the-art conferencing and communications. The company also offers call centers, proprietary hardware implementations, diagnostic and clinical services, and software research and development capabilities.