ContextLogic (MEX:LOGC) Interest Expense : MXN0 Mil (TTM As of Jun. 2024)

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What is ContextLogic Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ContextLogic's interest expense for the three months ended in Jun. 2024 was MXN 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was MXN0 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. ContextLogic's Operating Income for the three months ended in Jun. 2024 was MXN -348 Mil. ContextLogic's Interest Expense for the three months ended in Jun. 2024 was MXN 0 Mil. ContextLogic 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.

ContextLogic Interest Expense Historical Data

The historical data trend for ContextLogic'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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ContextLogic Interest Expense Chart

ContextLogic Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-39.78

ContextLogic Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

ContextLogic 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN0 Mil.

ContextLogic (MEX:LOGC) 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.

ContextLogic's Interest Expense for the three months ended in Jun. 2024 was MXN0 Mil. Its Operating Income for the three months ended in Jun. 2024 was MXN-348 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was MXN0 Mil.

ContextLogic's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

ContextLogic had no long-term debt ⁽¹⁾.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. ContextLogic Inc has enough cash to cover all of its debt. Its financial situation is stable.

ContextLogic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ContextLogic Inc (MEX:LOGC) » Definitions » Interest Expense

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Traded in Other Exchanges

LOGC:USA 5ZZ0:Germany

Address

One Sansome Street, 33rd Floor, San Francisco, CA, USA, 94104

Website

https://www.wish.com

ContextLogic Inc is an online shopping store. The store provides personalized products, clothing products, accessories, gaming products and equipment, cosmetics, plastic products, mobile covers, and other products. Geographically, it derives a majority of revenue from Europe and also has a presence in North America; South America, and other countries.