LVRO (Lavoro) Interest Expense : $-200 Mil (TTM As of Sep. 2024)

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What is Lavoro Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lavoro's interest expense for the three months ended in Sep. 2024 was $ -39 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-200 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. Lavoro's Operating Income for the three months ended in Sep. 2024 was $ 1 Mil. Lavoro's Interest Expense for the three months ended in Sep. 2024 was $ -39 Mil. Lavoro's Interest Coverage for the quarter that ended in Sep. 2024 was 0.02. 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.

Lavoro Interest Expense Historical Data

The historical data trend for Lavoro'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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Lavoro Interest Expense Chart

Lavoro Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

-13.51

-58.70

-117.69

-174.07

-193.71

Lavoro Quarterly Data
	Jun21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial						-45.05	-53.00	-54.39	-53.90	-38.89

Lavoro 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-200 Mil.

Lavoro (NAS:LVRO) 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.

Lavoro's Interest Expense for the three months ended in Sep. 2024 was $-39 Mil. Its Operating Income for the three months ended in Sep. 2024 was $1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $99 Mil.

Lavoro's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	0.631	/	-38.893
	=	0.02

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

Lavoro Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Lavoro Ltd (NAS:LVRO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. Dr. Cardoso de Melo, 1450, 4th floor, office 401, Sao Paulo, SP, BRA, 04548-005

Website

https://www.lavoroagro.com

Lavoro Ltd operates in the agricultural inputs retail market, with operations spread across Brazil and Colombia, and an emergent agricultural input trading company in Uruguay. The reportable segments of the company include the Brazil Ag Retail, which comprises companies dedicated to the distribution of agricultural inputs such as crop protection, seeds, fertilizers and specialty products, in Brazil; Latam Ag Retail, which includes companies dedicated to the distribution of agricultural inputs outside Brazil (predominantly in Colombia); and the Crop Care. A substantial part of the company's overall revenue is generated from its Brazil Ag Retail segment.