Neurologix (Neurologix) Interest Expense : $-3.19 Mil (TTM As of Jun. 2011)

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What is Neurologix Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Neurologix's interest expense for the three months ended in Jun. 2011 was $ -1.37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2011 was $-3.19 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. Neurologix's Operating Income for the three months ended in Jun. 2011 was $ -2.91 Mil. Neurologix's Interest Expense for the three months ended in Jun. 2011 was $ -1.37 Mil. Neurologix 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.

Neurologix Interest Expense Historical Data

The historical data trend for Neurologix'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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Neurologix Interest Expense Chart

Neurologix Annual Data

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Interest Expense

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-0.06

-0.46

Neurologix Quarterly Data
	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11
Interest Expense	Get a 7-Day Free Trial															-	-	-0.46	-1.37	-1.37

Neurologix 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.19 Mil.

Neurologix (GREY:NRGXQ) 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.

Neurologix's Interest Expense for the three months ended in Jun. 2011 was $-1.37 Mil. Its Operating Income for the three months ended in Jun. 2011 was $-2.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2011 was $0.00 Mil.

Neurologix's Interest Coverage for the quarter that ended in Jun. 2011 is calculated as

Neurologix did not have earnings to cover the interest expense.

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

Neurologix (Neurologix) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Neurologix Inc (GREY:NRGXQ) » Definitions » Interest Expense

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Address

One Bridge Plaza, Fort Lee, NJ, USA, 07024

Website

http://www.neurologix.net

Neurologix Inc is a development stage company that is engaged in the research and development of proprietary treatments for disorders of the brain and central nervous system, using gene transfer and other innovative therapies.

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