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Lombard Medical Technologies (LSE:LMT) Interest Expense : £0.00 Mil (TTM As of Dec. 2012)


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What is Lombard Medical Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lombard Medical Technologies's interest expense for the six months ended in Dec. 2012 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2012 was £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. Lombard Medical Technologies's Operating Income for the six months ended in Dec. 2012 was £ -8.24 Mil. Lombard Medical Technologies's Interest Expense for the six months ended in Dec. 2012 was £ 0.00 Mil. Lombard Medical Technologies 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.


Lombard Medical Technologies Interest Expense Historical Data

The historical data trend for Lombard Medical Technologies'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.

* Premium members only.

Lombard Medical Technologies Interest Expense Chart

Lombard Medical Technologies Annual Data
Trend Sep02 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.04 - - -

Lombard Medical Technologies Semi-Annual Data
Sep02 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.04 - - -

Lombard Medical Technologies 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. 2012 was £0.00 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.


Lombard Medical Technologies  (LSE:LMT) 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.

Lombard Medical Technologies's Interest Expense for the six months ended in Dec. 2012 was £0.00 Mil. Its Operating Income for the six months ended in Dec. 2012 was £-8.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2012 was £0.00 Mil.

Lombard Medical Technologies's Interest Coverage for the quarter that ended in Dec. 2012 is calculated as

Lombard Medical Technologies had no long-term debt (1).

* 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.

Good Sign:

Ben Graham prefers companies interest coverage is at least 5. Lombard Medical Technologies PLC has enough cash to cover all of its debt. Its financial situation is stable.


Lombard Medical Technologies (LSE:LMT) Business Description

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Lombard Medical Technologies PLC is engaged in the design and development of endovascular stent grafts, their manufacture, and commercialization either directly through the group's own sales force or through a network of local distributors supported by clinical specialists from Lombard Medical. The principal product, the AorfixT AAA stent graft has European CE mark approval for use in patients with high-angle-neck aneurysms of up to 90 degrees. The group has operations in United Kingdom and United States of America.