Hydromer (Hydromer) Interest Expense : $0.00 Mil (TTM As of Dec. 2022)

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What is Hydromer Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hydromer's interest expense for the three months ended in Dec. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 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. Hydromer's Operating Income for the three months ended in Dec. 2022 was $ -0.38 Mil. Hydromer's Interest Expense for the three months ended in Dec. 2022 was $ 0.00 Mil. GuruFocus does not calculate Hydromer's interest coverage with the available data. 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.

Hydromer Interest Expense Historical Data

The historical data trend for Hydromer'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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Hydromer Interest Expense Chart

Hydromer Annual Data

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Interest Expense

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Hydromer Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Hydromer 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 Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Hydromer (OTCPK:HYDI) 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.

Hydromer's Interest Expense for the three months ended in Dec. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2022 was $-0.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2022 was $0.97 Mil.

Hydromer's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

GuruFocus does not calculate Hydromer's interest coverage with the available data.

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

Hydromer (Hydromer) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hydromer Inc (OTCPK:HYDI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

4715 Corporate Drive NW, Suite 200, Concord, NC, USA, 28027

Website

https://www.hydromer.com

Hydromer Inc is a polymer research and development company. The company is engaged in the business of inventing, developing, patenting, licensing, manufacturing and selling hydrophilic polymer-based products and services. Its segment includes Industrial and Medical. The company generates maximum revenue from services. Geographically, it derives a majority of revenue from the United States.

Executives

Martin C Dyck	officer: Executive Vice President
George A Ziets	director	C/O HYDROMER, INC., 35 INDUSTRIAL PARKWAY, BRANCHBURG NJ 08876
John S Konar	officer: V.P. Quality Assurnce	35 INDUSTRIAL PARKWAY, BRANCHBURG NJ 08876
Michael F Ryan	director	35 INDUSTRIAL PARKWAY, BRANCHBURG NJ 08876
Maxwell Borow	director
Fredrick L Perl	director
Meckeler Klaus J H	director
Robert H Bea	director
Dieter Heinemann	director, 10 percent owner
Vrsula M Dyck	director
Manfred F Dyck	director, 10 percent owner, officer: President and CEO
Gaylord E Mckissick	director