LGACW (Lazard Growth Acquisition I) Current Accrued Expense: $2.28 Mil (As of Sep. 2022)

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LGACW Lazard Growth Acquisition Corp I LGACW
22 GF Score
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What is Lazard Growth Acquisition I Current Accrued Expense?

Lazard Growth Acquisition I LGACW 22 Current Accrued Expense is $2.28 Mil as of Sep. 2022. GuruFocus rates LGACW with a GF Score™ of 22/100. The stock has 2 warning signs investors should review.

Lazard Growth Acquisition I's Current Accrued Expense for the quarter that ended in Sep. 2022 was $2.28 Mil.

Lazard Growth Acquisition I's quarterly Current Accrued Expense declined from Mar. 2022 ($3.95 Mil) to Jun. 2022 ($2.27 Mil) but then increased from Jun. 2022 ($2.27 Mil) to Sep. 2022 ($2.28 Mil).

Lazard Growth Acquisition I's annual Current Accrued Expense increased from . 20 ($0.00 Mil) to Dec. 2020 ($0.55 Mil) and increased from Dec. 2020 ($0.55 Mil) to Dec. 2021 ($4.07 Mil).

Lazard Growth Acquisition I Current Accrued Expense Related Terms

Lazard Growth Acquisition I Current Accrued Expense Historical Data

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The historical data trend for Lazard Growth Acquisition I's Current Accrued 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.

Lazard Growth Acquisition I Current Accrued Expense Chart

Lazard Growth Acquisition I Annual Data
Trend Dec20 Dec21
Current Accrued Expense
0.55 4.07

Lazard Growth Acquisition I Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Current Accrued Expense Get a 7-Day Free Trial 0.22 4.07 3.95 2.27 2.28
LGACW
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Lazard Growth Acquisition Corp I LGACW
Current Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Lazard Growth Acquisition I Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $2.28 Mil mean?
Lazard Growth Acquisition I (LGACW) has a Current Accrued Expense of $2.28 Mil as of Sep. 2022. Current Accrued Expense records the total amount of accrued expenses. View historical data on Lazard Growth Acquisition I and its competitors.
Is Lazard Growth Acquisition I's Current Accrued Expense too high?
Lazard Growth Acquisition I's current Current Accrued Expense is $2.28 Mil. Overall, Lazard Growth Acquisition I has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Lazard Growth Acquisition I's Current Accrued Expense compare to SLAM and MSDA?
Lazard Growth Acquisition I's Current Accrued Expense of $2.28 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for a Diversified Financial Services company?
A good Current Accrued Expense depends on the Diversified Financial Services industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on Lazard Growth Acquisition I and its competitors. Lazard Growth Acquisition I's current Current Accrued Expense is $2.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lazard Growth Acquisition I stock overvalued right now?
Lazard Growth Acquisition I (LGACW) has a current Current Accrued Expense of $2.28 Mil. The current Current Accrued Expense is $2.28 Mil. Lazard Growth Acquisition I's overall GF Score™ is 22/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For Lazard Growth Acquisition I (LGACW), the current Current Accrued Expense is $2.28 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lazard Growth Acquisition I Business Description

Address 30 Rockefeller Plaza, New York, NY, USA, 10112
Lazard Growth Acquisition Corp I is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
22GF Score

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