DFNS.WS (LGL Systems Acquisition) Interest Expense : $0.00 Mil (TTM As of Jun. 2021)

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What is LGL Systems Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LGL Systems Acquisition's interest expense for the six months ended in Jun. 2021 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was $0.00 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. LGL Systems Acquisition's Operating Income for the six months ended in Jun. 2021 was $ -1.28 Mil. LGL Systems Acquisition's Interest Expense for the six months ended in Jun. 2021 was $ 0.00 Mil. LGL Systems Acquisition 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.

LGL Systems Acquisition Interest Expense Historical Data

The historical data trend for LGL Systems Acquisition'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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LGL Systems Acquisition Interest Expense Chart

LGL Systems Acquisition Annual Data

Trend

Dec19

Dec20

Interest Expense

LGL Systems Acquisition Semi-Annual Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Interest Expense	Get a 7-Day Free Trial				-	-	-	-	-

LGL Systems Acquisition Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Jun. 2021 was $0.00 Mil.

LGL Systems Acquisition (NYSE:DFNS.WS) 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.

LGL Systems Acquisition's Interest Expense for the six months ended in Jun. 2021 was $0.00 Mil. Its Operating Income for the six months ended in Jun. 2021 was $-1.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2021 was $0.00 Mil.

LGL Systems Acquisition's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

LGL Systems Acquisition had no long-term debt ⁽¹⁾.

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

Good Sign:

LGL Systems Acquisition Corp has no debt.