LEAI (Legacy Education Alliance) Interest Expense: $-0.24 Mil (TTM As of Mar. 2024)


What is Legacy Education Alliance Interest Expense?

Legacy Education Alliance LEAI +20.00% Interest Expense is $-0.24 Mil as of Mar. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Legacy Education Alliance's interest expense for the three months ended in Mar. 2024 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.24 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. Legacy Education Alliance's Operating Income for the three months ended in Mar. 2024 was $ -0.79 Mil. Legacy Education Alliance's Interest Expense for the three months ended in Mar. 2024 was $ -0.00 Mil. Legacy Education Alliance did not have earnings to cover the interest expense. 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.

Legacy Education Alliance  (OTCPK:LEAI) Interest Expense Explanation

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. The higher, the better.

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

Legacy Education Alliance's Interest Expense for the three months ended in Mar. 2024 was $-0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-0.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.78 Mil.

Legacy Education Alliance's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Legacy Education Alliance 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.

Legacy Education Alliance Interest Expense Historical Data

* Premium members only.

The historical data trend for Legacy Education Alliance'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.

Legacy Education Alliance Interest Expense Chart

Legacy Education Alliance Annual Data
Trend Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.21 -0.52 -0.45 -0.30

Legacy Education Alliance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.06 -0.06 -0.10 -0.08 -0.00

Legacy Education Alliance 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.24 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.24 Mil mean?
Legacy Education Alliance (LEAI) has a Interest Expense of $-0.24 Mil as of Mar. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Legacy Education Alliance and its competitors.
Is Legacy Education Alliance's Interest Expense too high?
Legacy Education Alliance's current Interest Expense is $-0.24 Mil.
How does Legacy Education Alliance's Interest Expense compare to TAL and EDU?
Legacy Education Alliance's Interest Expense of $-0.24 Mil can be compared against companies in the Education industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Education company?
A good Interest Expense depends on the Education industry context. However, Interest 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Legacy Education Alliance and its competitors. Legacy Education Alliance's current Interest Expense is $-0.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legacy Education Alliance stock overvalued right now?
Legacy Education Alliance (LEAI) has a current Interest Expense of $-0.24 Mil. The current Interest Expense is $-0.24 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Legacy Education Alliance (LEAI), the current Interest Expense is $-0.24 Mil as of Mar. 2024. 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.

Legacy Education Alliance Business Description

Address 120 N. Main Street, New City, NY, USA, 10956
Legacy Education Alliance Inc is engaged in the provision of educational training seminars, conferences, and services. It offers comprehensive instruction and mentorship in the areas of personal finance, entrepreneurship, real estate investing strategies, and techniques. Some of its brands are Homemade Investor, and Building Wealth with Legacy. Its geographical segments are North America, the United Kingdom, and Other foreign markets, of which the majority of its revenue comes from North America.