MDwerks (MDwerks) Interest Expense : $-0.01 Mil (TTM As of Sep. 2023)

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What is MDwerks Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MDwerks's interest expense for the three months ended in Sep. 2023 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.01 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. MDwerks's Operating Income for the three months ended in Sep. 2023 was $ -0.13 Mil. MDwerks's Interest Expense for the three months ended in Sep. 2023 was $ -0.00 Mil. MDwerks 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.

MDwerks Interest Expense Historical Data

The historical data trend for MDwerks'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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MDwerks Interest Expense Chart

MDwerks Annual Data

Trend

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Interest Expense

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-0.01

MDwerks Quarterly Data
	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-	-	-	-0.01	-

MDwerks 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

MDwerks (OTCPK:MDWK) 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.

MDwerks's Interest Expense for the three months ended in Sep. 2023 was $-0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.00 Mil.

MDwerks's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

MDwerks did not have earnings to cover the interest expense.

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

MDwerks (MDwerks) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » MDwerks Inc (OTCPK:MDWK) » Definitions » Interest Expense

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Address

411 Walnut Street, Suite 20125, Green Cove Springs, FL, USA, 32043

Website

http://www.mdwerks.com

MDwerks Inc is a Shell company.

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