Spectral Medical

Spectral Medical Interest Coverage

The Interest Coverage Ratio of Spectral Medical (EDT.TO) as of Oct 12, 2026 is -4.60. In the previous year, Interest Coverage Ratio was -4.47 — a change of 3.00% (lower).

Interest Coverage

-4.60

YoY

3.00%

Last updated:

Interest Coverage Ratio of Spectral Medical is 2024 -4.60 . Interest Coverage Ratio of Spectral Medical was 2023 -4.47 . It decreases by 3.00% lower compared to the previous year.

The Spectral Medical Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
-48.43 CAD
Jan 1, 2018
-33.24 CAD
Jan 1, 2019
-68.04 CAD
Jan 1, 2020
-302.20 CAD
Jan 1, 2021
-74.10 CAD
Jan 1, 2022
-9.94 CAD
Jan 1, 2023
-4.47 CAD
Jan 1, 2024
-4.60 CAD
The Spectral Medical Interest Coverage history
YEARInterest CoverageYoY
-4.60+3.00%
-4.47-55.02%
-9.94-86.59%
-74.10-75.48%
-302.20+344.13%
-68.04+104.68%
-33.24-31.36%
-48.43-54.63%
-106.74-89.49%
-1,016.10—
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Spectral Medical Stock analysis

What does Spectral Medical do? Spectral Medical Inc. is a Canadian health company specializing in the development of diagnostic and monitoring technologies for severe diseases and conditions. Established in 1991, Spectral Medical has made a name for itself in the pharmaceutical industry. Spectral Medical is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Spectral Medical stock

Interest Coverage Ratio of Spectral Medical is -4.60 in 2024.

Interest Coverage Ratio of Spectral Medical changed from -4.47 to -4.60, representing a 3.00% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Spectral Medical 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 Spectral Medical with sector peers and the industry average to assess whether it is attractive.

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Leverage — Spectral Medical

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