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LanzaTech Global (LanzaTech Global) Interest Coverage : N/A (As of Mar. 2024)


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What is LanzaTech Global 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. LanzaTech Global's Operating Income for the three months ended in Mar. 2024 was $-26.15 Mil. LanzaTech Global's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. 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. LanzaTech Global Inc has enough cash to cover all of its debt. Its financial situation is stable.

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


LNZA's Interest Coverage is not ranked *
in the Waste Management industry.
Industry Median: 5.035
* 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.


LanzaTech Global Interest Coverage Historical Data

The historical data trend for LanzaTech Global'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.

LanzaTech Global Interest Coverage Chart

LanzaTech Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Coverage
- - N/A N/A

LanzaTech Global Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison of LanzaTech Global's Interest Coverage

For the Waste Management subindustry, LanzaTech Global'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.


LanzaTech Global's Interest Coverage Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, LanzaTech Global's Interest Coverage distribution charts can be found below:

* The bar in red indicates where LanzaTech Global's Interest Coverage falls into.



LanzaTech Global 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.

LanzaTech Global's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, LanzaTech Global's Interest Expense was $0.00 Mil. Its Operating Income was $-106.38 Mil. And its Long-Term Debt & Capital Lease Obligation was $19.82 Mil.

GuruFocus does not calculate LanzaTech Global's interest coverage with the available data.

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

Here, for the three months ended in Mar. 2024, LanzaTech Global's Interest Expense was $0.00 Mil. Its Operating Income was $-26.15 Mil. And its Long-Term Debt & Capital Lease Obligation was $19.33 Mil.

GuruFocus does not calculate LanzaTech Global's interest coverage with the available data.

* 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.


LanzaTech Global  (NAS:LNZA) 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 .


LanzaTech Global Interest Coverage Related Terms

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


LanzaTech Global (LanzaTech Global) Business Description

Traded in Other Exchanges
N/A
Address
8045 Lamon Avenue, Suite 400, Skokie, IL, USA, 60077
LanzaTech Global Inc is a nature-based carbon refining company that transforms waste carbon into the chemical building blocks for consumer goods such as sustainable fuels, fabrics, and packaging that people use in their daily lives. The company's goal is to reduce the need for virgin fossil fuels by challenging and striving to change the way the world uses carbon.
Executives
Chad Thompson officer: Chief People Officer LANZATECH GLOBAL, INC., 8045 LAMON AVENUE SUITE 400, SKOKIE IL 60077
Zarath Summers officer: Chief Science Officer LANZATECH GLOBAL, INC., 8045 LAMON AVENUE SUITE 400, SKOKIE IL 60077
Michael Kopke officer: Chief Innovation Officer LANZATECH GLOBAL, INC., 8045 LAMON AVENUE SUITE 400, SKOKIE IL 60077
Cuellar Calad Aura Maria officer: EVP, Growth & Strategy LANZATECH GLOBAL, INC., 8045 LAMON AVENUE SUITE 400, SKOKIE IL 60077
Khosla Ventures Iii, L.p. 10 percent owner 2128 SAND HILL ROAD, MENLO PARK CA 94025
Vk Services, Llc 10 percent owner 2128 SAND HILL ROAD, MENLO PARK CA 94025
Khosla Ventures Associates Iii, Llc 10 percent owner 2128 SAND HILL ROAD, MENLO PARK CA 94025
Vinod Khosla 10 percent owner 2128 SAND HILL RD, MENLO PARK CA 94025
Freya Burton officer: Chief Sustainability Officer 8045 LAMON AVENUE, SUITE 400, SKOKIE IL 60077
Barbara M Byrne director C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Geoffrey Trukenbrod officer: Chief Financial Officer 8045 LAMON AVENUE, SUITE 400, SKOKIE IL 60077
Johanna Haggstrom officer: VP, Chemicals & HC Fuels Tech. 8045 LAMON AVENUE, SUITE 400, SKOKIE IL 60077
Julie Zarraga officer: EVP, Engineering 8045 LAMON AVENUE, SUITE 400, SKOKIE IL 60077
Steven F Stanley officer: Chief Commercial Officer 8045 LAMON AVENUE, SUITE 400, SKOKIE IL 60077
Robert Conrado officer: VP, Eng. Design & Development 8045 LAMON AVENUE, SUITE 400, SKOKIE IL 60077