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BP Prudhoe Bay Royalty Trust (BP Prudhoe Bay Royalty Trust) Interest Expense : $0.00 Mil (TTM As of Dec. 2023)


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What is BP Prudhoe Bay Royalty Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BP Prudhoe Bay Royalty Trust's interest expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $0.00 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. BP Prudhoe Bay Royalty Trust's Operating Income for the three months ended in Dec. 2023 was $ -0.30 Mil. BP Prudhoe Bay Royalty Trust's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. BP Prudhoe Bay Royalty Trust 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.


BP Prudhoe Bay Royalty Trust Interest Expense Historical Data

The historical data trend for BP Prudhoe Bay Royalty Trust'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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BP Prudhoe Bay Royalty Trust Interest Expense Chart

BP Prudhoe Bay Royalty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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BP Prudhoe Bay Royalty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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BP Prudhoe Bay Royalty Trust 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


BP Prudhoe Bay Royalty Trust  (NYSE:BPT) 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.

BP Prudhoe Bay Royalty Trust's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

BP Prudhoe Bay Royalty Trust's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

BP Prudhoe Bay Royalty Trust had no long-term debt (1).

* 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.

Good Sign:

BP Prudhoe Bay Royalty Trust has no debt.


BP Prudhoe Bay Royalty Trust (BP Prudhoe Bay Royalty Trust) Business Description

Traded in Other Exchanges
Address
601 Travis Street, Floor 16, Houston, TX, USA, 77002
BP Prudhoe Bay Royalty Trust is a grantor trust operating in the US. The property of the Trust consists of an overriding royalty interest. The Royalty Interest entitles the Trust to receive the royalty from the production of crude oil and condensate from the working interest of BP Exploration (Alaska) Inc. in the Prudhoe Bay oil field located on the North Slope of Alaska.