Luminar Technologies (Luminar Technologies) Interest Expense : $-12.14 Mil (TTM As of Mar. 2024)

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What is Luminar Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Luminar Technologies's interest expense for the three months ended in Mar. 2024 was $ -2.76 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-12.14 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. Luminar Technologies's Operating Income for the three months ended in Mar. 2024 was $ -125.77 Mil. Luminar Technologies's Interest Expense for the three months ended in Mar. 2024 was $ -2.76 Mil. Luminar Technologies 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.

Luminar Technologies Interest Expense Historical Data

The historical data trend for Luminar Technologies'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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Luminar Technologies Interest Expense Chart

Luminar Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-2.24

-3.16

-2.03

-11.10

-11.05

Luminar Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial													-1.67	-1.27	-2.78	-5.33	-2.76

Luminar Technologies 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 $-12.14 Mil.

Luminar Technologies (NAS:LAZR) 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.

Luminar Technologies's Interest Expense for the three months ended in Mar. 2024 was $-2.76 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-125.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $654.62 Mil.

Luminar Technologies's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Luminar Technologies did not have earnings to cover the interest expense.

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

Luminar Technologies (Luminar Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Luminar Technologies Inc (NAS:LAZR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

LAZR:Mexico 9FS:Germany

Address

2603 Discovery Drive, Suite 100, Orlando, FL, USA, 32826

Website

https://www.luminartech.com

Luminar Technologies Inc is an autonomous vehicle sensor and software company with the vision to make autonomy safe and ubiquitous by delivering lidar and associated software that meets the industry's stringent performance, safety, and economic requirements. It operates its business through the following segment: (1) Autonomy Solutions and (2) Components. The majority of revenue is earned from the Autonomy Solutions segment.

Executives

Thomas Fennimore	officer: Chief Financial Officer	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Alan Prescott	officer: Chief Legal Officer	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Austin Russell	director, 10 percent owner, officer: Chairperson, President & CEO	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Jun Hong Heng	director	C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108
Mary Lou Jepsen	director	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Aeg Holdings, Llc	director, 10 percent owner, officer: Chief Executive Officer	6260 LOOKOUT RD., BOULDER CO 80301
Daniel David Tempesta	director	ONE WAYSIDE ROAD, BURLINGTON MA 01803
Katherine A Martin	director	C/O NUANCE COMMUNICATIONS, INC., ONE WAYSIDE ROAD, BURLINGTON MA 01803
Matthew Simoncini	director	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48034
Shaun Maguire	director	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
M. Scott Faris	officer: Chief Business Officer	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Benjamin John Kortlang	director	2750 SAND HILL ROAD, MENLO PARK CA 94025
Jason Eichenholz	officer: Chief Technology Officer	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Scott A Mcgregor	director	5300 CALIFORNIA AVENUE, IRVINE CA 92617
Andrew Mcbride	officer: CFO & Secretary	9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212