Sanara Medtech Inc

NASDAQ SMTI

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Sanara Medtech Inc Interest Expense To Sales 1 year YoY Change (%) for the Trailing 12 Months (TTM) ending March 31, 2024: 159.20%

Sanara Medtech Inc Interest Expense To Sales 1 year YoY Change (%) is 159.20% for the Trailing 12 Months (TTM) ending March 31, 2024, a 291.78% change year over year. The interest expense to sales ratio is a financial metric that represents the proportion of a company's revenue that is used to cover its interest expenses. It is calculated by dividing the company's interest expense by its total revenue. This ratio indicates the financial burden of interest payments on the company's operating income. A higher ratio suggests that a significant portion of the company's revenue is being used to service interest obligations, potentially affecting its profitability. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Sanara Medtech Inc Interest Expense To Sales for the Trailing 12 Months (TTM) ending March 31, 2023 was 0.56%, a -83.01% change year over year.
  • Sanara Medtech Inc Interest Expense To Sales for the Trailing 12 Months (TTM) ending March 31, 2022 was 3.28%, a 13,269.97% change year over year.
  • Sanara Medtech Inc Interest Expense To Sales for the Trailing 12 Months (TTM) ending March 31, 2021 was 0.02%, a -97.23% change year over year.
  • Sanara Medtech Inc Interest Expense To Sales for the Trailing 12 Months (TTM) ending March 31, 2020 was 0.89%, a -95.60% change year over year.
NASDAQ: SMTI

Sanara Medtech Inc

CEO Mr. Ronald T. Nixon
IPO Date Feb. 22, 2011
Location United States
Headquarters 1200 Summit Avenue, Fort Worth, TX, United States, 76102
Employees 107
Sector Healthcare
Industry Medical instruments & supplies
Description

Sanara MedTech Inc., a medical technology company, develops, markets, and distributes surgical, wound, and skincare products and services to physicians, hospitals, clinics, and post-acute care settings in the United States. The company offers CellerateRX Surgical, a medical hydrolysate of Type I bovine collagen indicated for the management of surgical, traumatic, and partial- and full-thickness wounds, as well as first- and second-degree burns; and HYCOL, a medical hydrolysate of Type I bovine collagen intended for the management of full and partial thickness wounds, including pressure ulcers, venous and arterial leg ulcers, and diabetic foot ulcers. It also provides BIAKOS Antimicrobial Skin and Wound Cleanser, a patented product that contains synergistic ingredients that have been shown to impact mature biofilm microbes; BIAKOS Antimicrobial Wound Gel, an antimicrobial hydrogel wound dressing that helps against planktonic microbes, as well as immature and mature biofilms; and BIAKOS Antimicrobial Skin and Wound Irrigation Solution. In addition, it develops BIASURGE, a no-rinse surgical solution used for wound irrigation; FORTIFY TRG, a freeze-dried, multi-layer small intestinal submucosa extracellular matrix sheet; FORTIFY FLOWABLE extracellular matrix, an advanced wound care device; TEXAGEN, a multi-layer amniotic membrane allograft used as an anatomical barrier with robust handling that can be sutured for securement; and VIM Amnion Matrix, a homologous wound covering product. Sanara MedTech Inc. was incorporated in 2001 and is based in Fort Worth, Texas.

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StockViz Staff

September 20, 2024

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