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LZG International (LZG International) Interest Coverage : 0 (At Loss) (As of Feb. 2023)


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What is LZG International Interest Coverage?

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 by its Interest Expense. LZG International's Operating Income for the three months ended in Feb. 2023 was $-0.06 Mil. LZG International's Interest Expense for the three months ended in Feb. 2023 was $-0.25 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for LZG International's Interest Coverage or its related term are showing as below:


LZGI's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.27
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


LZG International Interest Coverage Historical Data

The historical data trend for LZG International's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

* Premium members only.

LZG International Interest Coverage Chart

LZG International Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Interest Coverage
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LZG International Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
Interest Coverage 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 3.60 - - - -

Competitive Comparison of LZG International's Interest Coverage

For the Software - Application subindustry, LZG International's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LZG International's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, LZG International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where LZG International's Interest Coverage falls into.



LZG International Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

LZG International's Interest Coverage for the fiscal year that ended in May. 2022 is calculated as

Here, for the fiscal year that ended in May. 2022, LZG International's Interest Expense was $-0.02 Mil. Its Operating Income was $-0.90 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

LZG International did not have earnings to cover the interest expense.

LZG International's Interest Coverage for the quarter that ended in Feb. 2023 is calculated as

Here, for the three months ended in Feb. 2023, LZG International's Interest Expense was $-0.25 Mil. Its Operating Income was $-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation was $3.15 Mil.

LZG International did not have earnings to cover the interest expense.

* 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.


LZG International  (OTCPK:LZGI) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


LZG International Interest Coverage Related Terms

Thank you for viewing the detailed overview of LZG International's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


LZG International (LZG International) Business Description

Traded in Other Exchanges
N/A
Address
135 West 41st Street, Suite 5-104, New York, NY, USA, 10036
LZG International Inc is a AI Solutions company empowering 500M-strong star enterprises of tomorrow (aka mSMEs) to grow, innovate, and drive the majority of the global economy.
Executives
Michael T. Moe director C/O NEXT INNOVATION CORP., 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Peter Benjamin Ritz director, 10 percent owner, officer: Chief Executive Officer 2157 SOUTH LINCOLN STREET, SALT LAKE CITY UT 84106
Rajarshi Das 10 percent owner, other: CDS & MD of Al App 7 WAMPUS AVENUE, ARMONK NY 10504
Shawn R. Carey officer: Chief Operating Officer 1156 N NEW STREET, WEST CHESTER PA 19382
First Equity Holdings Corp 10 percent owner 2157 S LINCOLN ST, SALT LAKE CITY UT 84106
Greg L Popp director, officer: President 455 EAST 400 SOUTH, SUITE #5, SALT LAKE CITY UT 84111

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