Predictmedix AI (XCNQ:PMED) Interest Expense : C$0.00 Mil (TTM As of Jul. 2024)

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What is Predictmedix AI Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Predictmedix AI's interest expense for the three months ended in Jul. 2024 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2024 was C$0.00 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. Predictmedix AI's Operating Income for the three months ended in Jul. 2024 was C$ -0.26 Mil. Predictmedix AI's Interest Expense for the three months ended in Jul. 2024 was C$ 0.00 Mil. Predictmedix AI has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Predictmedix AI Interest Expense Historical Data

The historical data trend for Predictmedix AI'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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Predictmedix AI Interest Expense Chart

Predictmedix AI Annual Data

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Interest Expense

Predictmedix AI Quarterly Data
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Predictmedix AI 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Predictmedix AI (XCNQ:PMED) 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.

Predictmedix AI's Interest Expense for the three months ended in Jul. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Jul. 2024 was C$-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2024 was C$0.00 Mil.

Predictmedix AI's Interest Coverage for the quarter that ended in Jul. 2024 is calculated as

Predictmedix AI had no long-term debt ⁽¹⁾.

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

Good Sign:

Predictmedix AI Inc has no debt.

Predictmedix AI Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Predictmedix AI Inc (XCNQ:PMED) » Definitions » Interest Expense

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PMEDF:USA 3QP0:Germany

Address

77 King Street West, Suite 3000, Toronto, ON, CAN, M5K 1G8

Website

https://www.predictmedix.com

Predictmedix AI Inc provides rapid health screening and remote patient care solutions globally. The company's Safe Entry Stations are powered by a proprietary artificial intelligence (AI) that uses multispectral cameras to analyze physiological data patterns and predict a variety of health issues including infectious diseases such as COVID-19, impairment by drugs or alcohol, fatigue or various mental illnesses.

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