LEON (Leone Asset Management) Interest Expense: $-6.79 Mil (TTM As of Dec. 2018)


What is Leone Asset Management Interest Expense?

Leone Asset Management LEON -0.55% Interest Expense is $-6.79 Mil as of Dec. 2018.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Leone Asset Management's interest expense for the three months ended in Dec. 2018 was $ -5.67 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2018 was $-6.79 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. Leone Asset Management's Operating Income for the three months ended in Dec. 2018 was $ -7.44 Mil. Leone Asset Management's Interest Expense for the three months ended in Dec. 2018 was $ -5.67 Mil. Leone Asset Management 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.

Leone Asset Management  (OTCPK:LEON) 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.

Leone Asset Management's Interest Expense for the three months ended in Dec. 2018 was $-5.67 Mil. Its Operating Income for the three months ended in Dec. 2018 was $-7.44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2018 was $0.00 Mil.

Leone Asset Management's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Leone Asset Management 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.

Leone Asset Management Interest Expense Historical Data

* Premium members only.

The historical data trend for Leone Asset Management'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.

Leone Asset Management Interest Expense Chart

Leone Asset Management Annual Data
Trend Dec07 Dec08 Dec09 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -0.07 -0.20 -0.55 -6.79

Leone Asset Management Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar13 Dec13 Dec14 Dec15 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -0.15 -0.79 -0.16 -0.18 -5.67

Leone Asset Management 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 Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.79 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 $-6.79 Mil mean?
Leone Asset Management (LEON) has a Interest Expense of $-6.79 Mil as of Dec. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on Leone Asset Management and its competitors.
Is Leone Asset Management's Interest Expense too high?
Leone Asset Management's current Interest Expense is $-6.79 Mil.
How does Leone Asset Management's Interest Expense compare to PTMN and TZAC?
Leone Asset Management's Interest Expense of $-6.79 Mil can be compared against companies in the Conglomerates 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 a Conglomerates company?
A good Interest Expense depends on the Conglomerates 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 Leone Asset Management and its competitors. Leone Asset Management's current Interest Expense is $-6.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leone Asset Management stock overvalued right now?
Leone Asset Management (LEON) has a current Interest Expense of $-6.79 Mil. The current Interest Expense is $-6.79 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 Leone Asset Management (LEON), the current Interest Expense is $-6.79 Mil as of Dec. 2018. 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.

Leone Asset Management Business Description

Address 801 West Bay Drive, Suite 715, Largo, FL, USA, 33770
Leone Asset Management Inc is a multi-national, multi-industry conglomerate with subsidiary companies that operate in Health and Wellness and agriculture management. The company's project management services include infrastructure development, agricultural management, and rare earth mineral exploration.