Legato Merger III (Legato Merger III) Interest Expense : $ Mil (TTM As of Nov. 2023)

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What is Legato Merger III Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Legato Merger III's interest expense for the three months ended in Nov. 2023 was $ 0.00 Mil. Legato Merger III does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Nov. 2023.

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. Legato Merger III's Operating Income for the three months ended in Nov. 2023 was $ 0.00 Mil. Legato Merger III's Interest Expense for the three months ended in Nov. 2023 was $ 0.00 Mil. Legato Merger III has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Legato Merger III Interest Expense Historical Data

The historical data trend for Legato Merger III'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.

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Legato Merger III Interest Expense Chart

Legato Merger III Annual Data

Trend

Interest Expense

Legato Merger III Quarterly Data
	Nov23
Interest Expense	-

Legato Merger III Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Legato Merger III (AMEX:LEGT) 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.

Legato Merger III's Interest Expense for the three months ended in Nov. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Nov. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2023 was $0.00 Mil.

Legato Merger III's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Legato Merger III had no long-term debt ⁽¹⁾.

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

Legato Merger III (Legato Merger III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Legato Merger Corp III (AMEX:LEGT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

777 Third Avenue, 37th Floor, New York, NY, USA, 10017

Website

Legato Merger Corp III is a blank check company.

Legato Merger III (Legato Merger III) Headlines

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