La-Z-Boy (La-Z-Boy) Interest Expense

: $-0 Mil (TTM As of Jan. 2024)

View and export this data going back to 1987. Start your Free Trial

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. La-Z-Boy's interest expense for the three months ended in Jan. 2024 was $ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-0 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. La-Z-Boy's Operating Income for the three months ended in Jan. 2024 was $ 33 Mil. La-Z-Boy's Interest Expense for the three months ended in Jan. 2024 was $ -0 Mil. La-Z-Boy's Interest Coverage for the quarter that ended in Jan. 2024 was 307.18. 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.

La-Z-Boy Interest Expense Historical Data

The historical data trend for La-Z-Boy'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.

La-Z-Boy Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Interest Expense

Get a 7-Day Free Trial

-1.54

-1.29

-1.39

-0.90

-0.54

La-Z-Boy Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-0.14	-0.12	-0.12	-0.10	-0.11

La-Z-Boy 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0 Mil.

La-Z-Boy (NYSE:LZB) 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.

La-Z-Boy's Interest Expense for the three months ended in Jan. 2024 was $-0 Mil. Its Operating Income for the three months ended in Jan. 2024 was $33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $418 Mil.

La-Z-Boy's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	32.561	/	-0.106
	=	307.18

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

La-Z-Boy (La-Z-Boy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » La-Z-Boy Inc (NYSE:LZB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

LAZ:Germany

Address

One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138

Website

https://www.la-z-boy.com

La-Z-Boy Inc is a U.S.-based company that manufactures, distributes, and retails upholstery furniture products. It is a producer of reclining chairs and distributors of residential furniture in the U.S. The company chiefly operates in the United States but also has secondary operations in Canada and other countries. The company's reportable segments include the Wholesale segment, which manufactures and imports upholstered furniture; and Retail, which sells upholstered and case goods furniture to the end consumer. The majority of the company's revenue is derived from its Wholesale segment. Some of the core brands of the firm include England, Kincaid, American Drew, and Hammary.

Executives

Janet Kerr	director	50 CASTILIAN DR, GOLETA CA 93117
Raza Syed Haider	director	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Rebecca M Reeder	officer: Pres., Retail LZB Furn. Gall.	1 LA-Z-BOY DRIVE, MONROE MI 48162
Mark Stephen Lavigne	director	533 MARYVILLE UNIVERSITY DRIVE, ST. LOUIS MO 63141
Katherine E. Vanderjagt	officer: VP & Chief HR Officer	1 LA-Z-BOY DRIVE, MONROE MI 48162
Robert Ii Sundy	officer: SVP & Chief Commercial Officer	1 LA-Z-BOY DRIVE, MONROE MI 48162
Carol Young Lee	officer: VP & Chief Information Officer	1 LA-Z-BOY DRIVE, MONROE MI 48162
Terrence James Linz	officer: President, La-Z-Boy Retail	1 LA-Z-BOY DRIVE, MONROE MI 48162
Bryan Keith Wilson	officer: President Int'l & Joybird	6 BELL STREET, MAIDENHEAD, BERKS X0 SL6 1BU
Michael Adam Leggett	officer: Sr VP & Chief Supply Chain Off	1 LA-Z-BOY DRIVE, MONROE MI 48162
Kurt L Darrow	director, officer: Chairman, President & CEO	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Erika L. Alexander	director	10400 FERNWOOD RD., BETHESDA MD 20817
Otis S Sawyer	officer: Senior Vice President	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Raphaell Z. Richmond	officer: VP, GC & Chief Compliance Off	ONE LA-Z-BOY DRIVE, MONROE MI 48162
Jennifer Lynn Mccurry	officer: Chief Accounting Officer	ONE LA-Z-BOY DRIVE, MONROE MI 48162