Leo Holdings III (Leo Holdings III) Interest Expense : $ Mil (TTM As of Jan. 2021)

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What is Leo Holdings III Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Leo Holdings III's interest expense for the six months ended in Jan. 2021 was $ 0.00 Mil. Leo Holdings III does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jan. 2021.

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. Leo Holdings III's Operating Income for the six months ended in Jan. 2021 was $ 0.00 Mil. Leo Holdings III's Interest Expense for the six months ended in Jan. 2021 was $ 0.00 Mil. Leo Holdings III 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.

Leo Holdings III Interest Expense Historical Data

The historical data trend for Leo Holdings III'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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Leo Holdings III Interest Expense Chart

Leo Holdings III Annual Data

Trend

Interest Expense

Leo Holdings III Semi-Annual Data
	Jan21
Interest Expense	-

Leo Holdings III Interest Expense Calculation

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

Leo Holdings III (NYSE:LIII.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.

Leo Holdings III's Interest Expense for the six months ended in Jan. 2021 was $0.00 Mil. Its Operating Income for the six months ended in Jan. 2021 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2021 was $0.00 Mil.

Leo Holdings III's Interest Coverage for the quarter that ended in Jan. 2021 is calculated as

Leo Holdings III had no long-term debt ⁽¹⁾.

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