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Leafly Holdings (Leafly Holdings) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Leafly Holdings Interest Coverage?

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 by its Interest Expense. Leafly Holdings's Operating Income for the three months ended in Mar. 2024 was $-1.75 Mil. Leafly Holdings's Interest Expense for the three months ended in Mar. 2024 was $-0.61 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Leafly Holdings's Interest Coverage or its related term are showing as below:


LFLY's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.47
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Leafly Holdings Interest Coverage Historical Data

The historical data trend for Leafly Holdings's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

* Premium members only.

Leafly Holdings Interest Coverage Chart

Leafly Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
- - - - -

Leafly Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.20 -

Competitive Comparison of Leafly Holdings's Interest Coverage

For the Pharmaceutical Retailers subindustry, Leafly Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Leafly Holdings's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Leafly Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Leafly Holdings's Interest Coverage falls into.



Leafly Holdings Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Leafly Holdings's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Leafly Holdings's Interest Expense was $-2.78 Mil. Its Operating Income was $-7.05 Mil. And its Long-Term Debt & Capital Lease Obligation was $29.09 Mil.

Leafly Holdings did not have earnings to cover the interest expense.

Leafly Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Leafly Holdings's Interest Expense was $-0.61 Mil. Its Operating Income was $-1.75 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Leafly Holdings did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


Leafly Holdings  (NAS:LFLY) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Leafly Holdings Interest Coverage Related Terms

Thank you for viewing the detailed overview of Leafly Holdings's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Leafly Holdings (Leafly Holdings) Business Description

Traded in Other Exchanges
N/A
Address
113 Cherry Street, PMB 88154, Seattle, WA, USA, 98104-2205
Leafly Holdings Inc operates an online cannabis information resource platform. It offers cannabis retailers and brands subscription-based marketplace listings that provide its cannabis audience with information, reviews, menus, and ordering and delivery options through legal retailers.
Executives
Yoko Miyashita officer: CEO C/O LEAFLY, 600 1ST AVE., STE LL20, SEATTLE WA 98104
Suresh Krishnaswamy officer: CFO C/O LEAFLY, 600 1ST AVE., STE LL20, SEATTLE WA 98104
Alan R Pickerill director C/O PORCH GROUP, INC., 411 1ST AVE S, STE. 501, SEATTLE WA 98104
Michael G. Blue director 1920 EASTLAKE AVE E, SEATTLE WA 98102
Blaise Judja-sato director C/O LEAFLY, 111 SOUTH JACKSON STREET, SUITE 531, SEATTLE WA 98104
Chandler Cassandra Mcwilliams director C/O LEAFLY, 111 SOUTH JACKSON STREET, SUITE 531, SEATTLE WA 98104
David Cotter officer: Chief Product Officer C/O LEAFLY, 600 1ST AVE., STE LL20, SEATTLE WA 98104
Martin Samuel James Louis officer: Chief Operating Officer C/O LEAFLY, 600 1ST AVE., STE LL20, SEATTLE WA 98104
Lee Peter Ho Lik director, officer: President, CFO C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE, 18TH FLOOR, NEW YORK NY 10022
Brendan Kennedy 10 percent owner 1920 EASTLAKE AVENUE E., SEATTLE WA 98105
Merida Holdings, Llc 10 percent owner C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE., 18TH FLOOR, NEW YORK NY 10022
Kimberly Boler officer: General Counsel C/O LEAFLY, 600 1ST AVE., STE LL20, SEATTLE WA 98104
Mitchell Baruchowitz director C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE, 18TH FLOOR, NEW YORK NY 10022
Jeffrey Monat director C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE., 18TH FLOOR, NEW YORK NY 10022
Andres Nannetti director C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE, 18TH FLOOR, NEW YORK NY 10022

Leafly Holdings (Leafly Holdings) Headlines