LegalZoom.com (LegalZoom.com) Interest Expense : $-0.3 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is LegalZoom.com Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LegalZoom.com's interest expense for the three months ended in Dec. 2023 was $ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.3 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. LegalZoom.com's Operating Income for the three months ended in Dec. 2023 was $ 6.9 Mil. LegalZoom.com's Interest Expense for the three months ended in Dec. 2023 was $ -0.3 Mil. LegalZoom.com's Interest Coverage for the quarter that ended in Dec. 2023 was 26.98. 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.

LegalZoom.com Interest Expense Historical Data

The historical data trend for LegalZoom.com'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.

* Premium members only.

LegalZoom.com Interest Expense Chart

LegalZoom.com Annual Data

Trend

Dec10

Dec11

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-38.56

-35.50

-28.05

-0.26

-0.49

LegalZoom.com Quarterly Data
	Dec11	Mar12	Jun12	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-0.25

LegalZoom.com 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.3 Mil.

LegalZoom.com (NAS:LZ) 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.

LegalZoom.com's Interest Expense for the three months ended in Dec. 2023 was $-0.3 Mil. Its Operating Income for the three months ended in Dec. 2023 was $6.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $7.0 Mil.

LegalZoom.com's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	6.854	/	-0.254
	=	26.98

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. LegalZoom.com Inc has enough cash to cover all of its debt. Its financial situation is stable.

LegalZoom.com (LegalZoom.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » LegalZoom.com Inc (NAS:LZ) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

1LZ:Germany

Address

101 North Brand Boulevard, 11th Floor, Glendale, CA, USA, 91203

Website

https://www.legalzoom.com

LegalZoom.com Inc is an online provider of services that meet the legal needs of small businesses and consumers in the United States.

Executives

Richard Preece	officer: COO and Chief Product Officer	101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Nicole Miller	officer: General Counsel	101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Lucaszoom Llc	director, 10 percent owner	LUCASZOOM LLC, 3000 SAND HILL ROAD, BUILDING 1, SUITE 1, MENLO PARK CA 94025
Dipan Patel	director, 10 percent owner	LEGALZOOM.COM, INC., 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Daniel A Wernikoff	director, officer: Chief Executive Officer	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Noel Bertram Watson	officer: Chief Financial Officer	400 1ST AVENUE, C/O TRIPADVISOR, INC., NEEDHAM MA 02494
Shrisha Radhakrishna	officer: Chief Technology Officer	101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Neil Tolaney	director	TECHNOLOGY CROSSOVER MANAGEMENT, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Sivan Whiteley	director	1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Elizabeth Hamren	director	101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Brian Ruder	director, 10 percent owner	LEGALZOOM.COM, INC., 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Francisco Partners Management, Lp	10 percent owner	ONE LETTERMAN DRIVE, BUILDING C, SUITE 410, SAN FRANCISCO CA 94129
Permira V L.p.2	director, 10 percent owner	TRAFALGAR COURT, LES BANQUES, ST PETER PORT Y7 GY1 6DJ
Christine T Wang	director	ONE LETTERMAN DRIVE, BLDG C, STE 410, SAN FRANCISCO CA 94129
Khai Ha	director	C/O GPI CAPITAL, L.P., 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105