LGACU (Lazard Growth Acquisition I) Interest Expense : $0.00 Mil (TTM As of Sep. 2022)

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What is Lazard Growth Acquisition I Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lazard Growth Acquisition I's interest expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 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. Lazard Growth Acquisition I's Operating Income for the three months ended in Sep. 2022 was $ -0.42 Mil. Lazard Growth Acquisition I's Interest Expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Lazard Growth Acquisition I 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.

Lazard Growth Acquisition I Interest Expense Historical Data

The historical data trend for Lazard Growth Acquisition I'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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Lazard Growth Acquisition I Interest Expense Chart

Lazard Growth Acquisition I Annual Data

Trend

Dec20

Dec21

Interest Expense

-0.71

Lazard Growth Acquisition I Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Interest Expense	Get a 7-Day Free Trial			-	-	-	-	-

Lazard Growth Acquisition I 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Lazard Growth Acquisition I (NAS:LGACU) 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.

Lazard Growth Acquisition I's Interest Expense for the three months ended in Sep. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2022 was $-0.42 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $0.00 Mil.

Lazard Growth Acquisition I's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Lazard Growth Acquisition I had no long-term debt ⁽¹⁾.

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

Lazard Growth Acquisition I Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Lazard Growth Acquisition Corp I (NAS:LGACU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Rockefeller Plaza, New York, NY, USA, 10112

Website

https://lazardltd.gcs-web.com

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.

Executives

Philip A Hadley	director	FACTSET RESEARCH SYSTEMS, ONE GREENWICH PLAZA, GREENWICH CT 06830
Alexander F. Stern	director, officer: EXECUTIVE CHAIRMAN	C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Adam T. Berlew	director	501 NORTH BROADWAY, ST. LOUIS MO 63102
Selina Tobaccowala	director	C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Noreen Henig	director	C/O KEZAR LIFE SCIENCES, INC., 4000 SHORELINE COURT, SUITE 300, SOUTH SAN FRANCISCO CA 94080
Lazard Ltd	director, 10 percent owner	CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM II
Lazard Group Llc	director, 10 percent owner	30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Eyal Ofir	director, officer: CHIEF EXECUTIVE OFFICER	181 EDWARDS STREET, NEW HAVEN CT 06511
Pierre-yves Cros	director	C/O LAZARD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Lgaco 1 Llc	director, 10 percent owner	30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Mary Ann Deignan	director, officer: CHIEF FINANCIAL OFFICER	30 ROCKEFELLER CENTER, LAZARD FRERES, NEW YORK NY 10112
Lga Holdco Llc	director, 10 percent owner	30 ROCKEFELLER PLAZA, NEW YORK NY 10112

Lazard Growth Acquisition I Headlines

From GuruFocus

Lazard Growth Acquisition Corp. I Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination

By Business Wire Business Wire • 02-09-2023