GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Lemonade Inc (MEX:LMND) » Definitions » Interest Expense

Lemonade (MEX:LMND) Interest Expense : MXN-157 Mil (TTM As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Lemonade Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lemonade's interest expense for the three months ended in Dec. 2024 was MXN -52 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was MXN-157 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. Lemonade's Operating Income for the three months ended in Dec. 2024 was MXN 0 Mil. Lemonade's Interest Expense for the three months ended in Dec. 2024 was MXN -52 Mil. Lemonade 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.


Lemonade Interest Expense Historical Data

The historical data trend for Lemonade'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.

* Premium members only.

Lemonade Interest Expense Chart

Lemonade Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -19.89 -8.21 -23.40 -71.29 -173.10

Lemonade Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -20.37 -24.89 -40.30 -39.38 -52.14

Lemonade 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-157 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.


Lemonade  (MEX:LMND) 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.

Lemonade's Interest Expense for the three months ended in Dec. 2024 was MXN-52 Mil. Its EBIT for the three months ended in Dec. 2024 was MXN0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was MXN2,236 Mil.

Lemonade's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

* 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.


Lemonade Business Description

Traded in Other Exchanges
Address
5 Crosby Street, 3rd Floor, New York, NY, USA, 10013
Lemonade Inc operates in the insurance industry. The company offers digital and artificial intelligence based platform for various insurances and for settling claims and paying premiums. The platform ensures transparency in issuing policies and settling disputes. The company is using technology, data, artificial intelligence, contemporary design, and social impact to deliver delightful and affordable insurances. Geographically, it operates in California, Texas, New York, New Jersey, Illinois, Georgia, Washington, Colorado, Pennsylvania, Oregon and others.