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La Rosa Holdings (La Rosa Holdings) Interest Expense : $0.54 Mil (TTM As of Mar. 2024)


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What is La Rosa Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. La Rosa Holdings's interest expense for the three months ended in Mar. 2024 was $ -0.08 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $0.54 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. La Rosa Holdings's Operating Income for the three months ended in Mar. 2024 was $ -4.58 Mil. La Rosa Holdings's Interest Expense for the three months ended in Mar. 2024 was $ -0.08 Mil. La Rosa Holdings 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.

La Rosa Holdings Interest Expense Historical Data

The historical data trend for La Rosa Holdings'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.

La Rosa Holdings Interest Expense Chart

La Rosa Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.01 -0.03 -0.14 -0.14

La Rosa Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.69 0.61 -0.01 0.01 -0.08

La Rosa Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.54 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.

La Rosa Holdings  (NAS:LRHC) 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.

La Rosa Holdings's Interest Expense for the three months ended in Mar. 2024 was $-0.08 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-4.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $1.24 Mil.

La Rosa Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

La Rosa Holdings 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.

La Rosa Holdings (La Rosa Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » La Rosa Holdings Corp (NAS:LRHC) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
1420 Celebration Boulevard, 2nd Floor, Celebration, FL, USA, 34747
Website
La Rosa Holdings Corp operates primarily in the U.S. residential real estate market. It is a holding company for agent-centric, technology-integrated, cloud-based, multi-service real estate companies. In addition to providing person-to-person residential and commercial real estate brokerage services to the public, it cross-sells ancillary technology-based products and services primarily to the sales agents and the sales agents associated with its franchisees. The company's business is organized based on the services it provides internally to the agents and to the public, which are residential and commercial real estate brokerage, franchising, real estate brokerage education and coaching, and property management.
Executives
Ned L Siegel director 600 WILSHIRE BOULEVARD, LOS ANGELES CA 90017
Carlos J. Bonilla 10 percent owner 7901 KINGSPOINTE PKWY #8, ORLANDO FL 32819
Rosa Joseph La director, 10 percent owner, officer: President, CEO, and Chairman 1420 CELEBRATION BOULEVARD, SUITE 200, CELEBRATION FL 34747
La Rosa Michael A director 1420 CELEBRATION BOULEVARD, SUITE 200, CELEBRATION FL 34747
Jodi R White director 1420 CELEBRATION BOULEVARD, SUITE 200, CELEBRATION FL 34747
Thomas Stringer director 1420 CELEBRATION BLVD, SUITE 200, CELEBRATION FL 34747
Kent Metzroth officer: CHIEF FINANCIAL OFFICER 1420 CELEBRATION BLVD., 2ND FLOOR, CELEBRATION FL 34747
Alex Santos officer: CHIEF TECHNOLOGY OFFICER 1420 CELEBRATION BLVD., 2ND FLOOR, CELEBRATION FL 34747