Medx Health

Medx Health Interest Coverage

The Interest Coverage Ratio of Medx Health (MDX.V) as of Oct 20, 2026 is -1.71. In the previous year, Interest Coverage Ratio was -1.13 — a change of 51.28% (lower).

Interest Coverage

-1.71

YoY

51.28%

Last updated:

Interest Coverage Ratio of Medx Health is 2024 -1.71 . Interest Coverage Ratio of Medx Health was 2023 -1.13 . It decreases by 51.28% lower compared to the previous year.

The Medx Health Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-13.55 CAD
Jan 1, 2018
-40.13 CAD
Jan 1, 2019
-21.46 CAD
Jan 1, 2020
-43.15 CAD
Jan 1, 2021
-5.86 CAD
Jan 1, 2022
-3.05 CAD
Jan 1, 2023
-1.13 CAD
Jan 1, 2024
-1.71 CAD
The Medx Health Interest Coverage history
YEARInterest CoverageYoY
-1.71+51.28%
-1.13-63.05%
-3.05-47.84%
-5.86-86.43%
-43.15+101.13%
-21.46-46.53%
-40.13+196.21%
-13.55-32.05%
-19.94+28.41%
-15.53-7.77%
-16.83—

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Medx Health Stock analysis

What does Medx Health do? MedX Health Corp develops and sells medical devices and software focused on skin health. Its core products include SIAscopy technology for scanning skin moles and lesions, integrated with the DermSecure telemedicine platform. The company manufactures hand-held devices like SIAMETRICS, SIMSYS, and MoleMate, which use light-based technology to detect skin issues up to two millimeters beneath the surface without pain or invasion. These devices are used in dermatology clinics and rehabilitation centers for early skin cancer detection and non-invasive treatment of pain and tissue damage. The company's telemedicine platform, SIAscopy on DermSecure, enables remote operation of its scanning technology through web-based services. Phototherapy devices utilizing lower-level laser and LED light energy are sold to healthcare providers for pain relief and tissue repair in rehabilitation settings. The primary customers are dermatologists, clinics specializing in skin health, and rehabilitation facilities seeking non-invasive diagnostic and treatment solutions. MedX Health Corp generates revenue through direct sales of its medical devices, telemedicine software, and phototherapy equipment. The SIAscopy technology and associated products are marketed to healthcare professionals in the dermatology and rehabilitation sectors. The company's focus on skin screening and pain-free tissue repair drives sales of its hand-held devices and telemedicine platform to medical institutions requiring advanced diagnostic tools. Medx Health is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Medx Health stock

Interest Coverage Ratio of Medx Health is -1.71 in 2024.

Interest Coverage Ratio of Medx Health changed from -1.13 to -1.71, representing a 51.28% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Medx Health since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Medx Health with sector peers and the industry average to assess whether it is attractive.

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Leverage — Medx Health

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