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PPJ Healthcare Enterprises (PPJ Healthcare Enterprises) Interest Expense : $-0.11 Mil (TTM As of Dec. 2009)


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What is PPJ Healthcare Enterprises Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PPJ Healthcare Enterprises's interest expense for the six months ended in Dec. 2009 was $ -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2009 was $-0.11 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. PPJ Healthcare Enterprises's Operating Income for the six months ended in Dec. 2009 was $ 0.12 Mil. PPJ Healthcare Enterprises's Interest Expense for the six months ended in Dec. 2009 was $ -0.11 Mil. PPJ Healthcare Enterprises's Interest Coverage for the quarter that ended in Dec. 2009 was 1.17. 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.


PPJ Healthcare Enterprises Interest Expense Historical Data

The historical data trend for PPJ Healthcare Enterprises'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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PPJ Healthcare Enterprises Interest Expense Chart

PPJ Healthcare Enterprises Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Interest Expense
Get a 7-Day Free Trial - -0.44 -0.25 -0.12 -0.11

PPJ Healthcare Enterprises Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Interest Expense Get a 7-Day Free Trial - -0.44 -0.25 -0.12 -0.11

PPJ Healthcare Enterprises Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2009 was $-0.11 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.


PPJ Healthcare Enterprises  (OTCPK:PPJE) 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.

PPJ Healthcare Enterprises's Interest Expense for the six months ended in Dec. 2009 was $-0.11 Mil. Its Operating Income for the six months ended in Dec. 2009 was $0.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2009 was $0.00 Mil.

PPJ Healthcare Enterprises's Interest Coverage for the quarter that ended in Dec. 2009 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2009 )/Interest Expense (Q: Dec. 2009 )
=-1*0.124/-0.106
=1.17

* 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.


PPJ Healthcare Enterprises (PPJ Healthcare Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
401 East Jackson Street, Suite 2340, Tampa, FL, USA, 33602
PPJ Healthcare Enterprises Inc engages in joint venturing with doctors in setting up new practices, marketing, and management of pain management practices and blood culture labs. The company also engages in the development and testing of medical marijuana, medical cannabis products, and medical billing specialties in anesthesiology. The projects of the company include automated biller, medical billing service, pain management center, and Lab testing.