PREDQ (Predictive Technology Group) Interest Expense: $-0.90 Mil (TTM As of Mar. 2021)


What is Predictive Technology Group Interest Expense?

Predictive Technology Group PREDQ -90.00% Interest Expense is $-0.90 Mil as of Mar. 2021.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Predictive Technology Group's interest expense for the three months ended in Mar. 2021 was $ -0.47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2021 was $-0.90 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. Predictive Technology Group's Operating Income for the three months ended in Mar. 2021 was $ -3.23 Mil. Predictive Technology Group's Interest Expense for the three months ended in Mar. 2021 was $ -0.47 Mil. Predictive Technology Group 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.

Predictive Technology Group  (OTCPK:PREDQ) 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.

Predictive Technology Group's Interest Expense for the three months ended in Mar. 2021 was $-0.47 Mil. Its Operating Income for the three months ended in Mar. 2021 was $-3.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2021 was $3.33 Mil.

Predictive Technology Group's Interest Coverage for the quarter that ended in Mar. 2021 is calculated as

Predictive Technology Group 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.

Predictive Technology Group Interest Expense Historical Data

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The historical data trend for Predictive Technology Group'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.

Predictive Technology Group Interest Expense Chart

Predictive Technology Group Annual Data
Trend Aug06 Aug07 Jun16 Jun17 Jun18 Jun19 Jun20
Interest Expense
Get a 7-Day Free Trial 0.00 0.00 0.00 -0.02 -0.60

Predictive Technology Group Quarterly Data
Nov07 Feb08 May08 Jun16 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 -0.10 -0.13 0.00 -0.31 -0.47

Predictive Technology Group 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.90 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 $-0.90 Mil mean?
Predictive Technology Group (PREDQ) has a Interest Expense of $-0.90 Mil as of Mar. 2021. Interest Expense is the amount a company pays on its long-term debt. View historical data on Predictive Technology Group and its competitors.
Is Predictive Technology Group's Interest Expense too high?
Predictive Technology Group's current Interest Expense is $-0.90 Mil.
How does Predictive Technology Group's Interest Expense compare to GLMD and RCAR?
Predictive Technology Group's Interest Expense of $-0.90 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Interest Expense depends on the Biotechnology 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 Predictive Technology Group and its competitors. Predictive Technology Group's current Interest Expense is $-0.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Predictive Technology Group stock overvalued right now?
Predictive Technology Group (PREDQ) has a current Interest Expense of $-0.90 Mil. The current Interest Expense is $-0.90 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 Predictive Technology Group (PREDQ), the current Interest Expense is $-0.90 Mil as of Mar. 2021. 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.

Predictive Technology Group Business Description

Address 2735 Parleys Way, Suite 205, Salt Lake City, UT, USA, 84109
Predictive Technology Group Inc (PRx) is a biotechnology company. It develops, commercializes, acquires and invests in technologies engaged in novel molecular diagnostic and therapeutic products in healthcare. The HCT/P segment offers minimally manipulated tissue products intended for homologous use, prepared utilizing proprietary extraction methods that reduce the loss of important scaffolding, growth factors and cytokines. The company's Diagnostics and Therapeutics segment uses data analytics for disease identification and subsequent therapeutic intervention through novel gene-based diagnostics, and companion therapeutics. It generates most of its revenues from HCT/Ps segment.