What is Gulf Coast Ultra Deep Royalty Trust Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gulf Coast Ultra Deep 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. Gulf Coast Ultra Deep Royalty Trust's Operating Income for the
three
months ended in Dec. 2023 was $ 0.00 Mil. Gulf Coast Ultra Deep Royalty Trust's Interest Expense for the
three
months ended in Dec. 2023 was $ 0.00 Mil.
Gulf Coast Ultra Deep 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.
Gulf Coast Ultra Deep 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.
Gulf Coast Ultra Deep Royalty Trust (OTCPK:GULTU) 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.
Gulf Coast Ultra Deep 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 $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $0.00 Mil.
Gulf Coast Ultra Deep Royalty Trust's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
| Gulf Coast Ultra Deep 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:
Gulf Coast Ultra Deep Royalty Trust has no debt.
Gulf Coast Ultra Deep Royalty Trust (Gulf Coast Ultra Deep Royalty Trust) Business Description
Traded in Other Exchanges
N/A
Address
601 Travis Street, 16th Floor, Houston, TX, USA, 77002
Gulf Coast Ultra Deep Royalty Trust is a statutory trust. It holds overriding royalty interests in future production from each of McMoRan Oil & Gas LLC's Inboard Lower Tertiary/Cretaceous exploration prospects located in South Louisiana. The Royalty Trust holds short-term investments acquired with funds that it holds for the payment of its administrative and other expenses. The company's subject interests consist of approximately Inboard Lower Tertiary/Cretaceous. Its offshore subject interests consist of exploration prospects, including Barataria; Barbosa; Blackbeard East; Blackbeard West; Bonnet; Calico Jack; Captain Blood; Davy Jones; Davy Jones West; Drake; England; Hook and Hurricane, Lafitte, Morgan. The onshore subject interests consist of Highlander, Lineham Creek, and Tortuga.
Executives
| Magnolia Oil & Gas Corp |
10 percent owner |
NINE GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046 |
| Montex Highlander, Llc |
10 percent owner |
420 THROCKMORTON STREET, SUITE 550, FORT WORTH TX 76102 |
| Neil S Subin |
10 percent owner |
2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996 |
| Freeport Mcmoran Copper & Gold Inc |
10 percent owner |
333 NORTH CENTRAL AVENUE, PHOENIX AZ 85004 |
| Highlander Oil & Gas Assets Llc |
10 percent owner |
NINE GREENWAY PLAZA, SUITE 1400, HOUSTON TX 77046 |
| Miller Lloyd I Iii |
10 percent owner |
|
| Mount Kellett Capital Management Lp |
10 percent owner |
1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Fig Llc |
10 percent owner |
1345 AVENUE OF THE AMERICAS, 46 FLOOR, NEW YORK NY 10105 |
| Fortress Investment Group Llc |
10 percent owner |
1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105 |
| Fortress Operating Entity I Lp |
10 percent owner |
1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Fig Corp. |
10 percent owner |
1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Fortress Mk Advisors Llc |
10 percent owner |
1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Leon G Cooperman |
10 percent owner |
7118 MELROSE CASTLE LANE, BOCA RATON FL 33496 |
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