North European Oil Royalty Trust (North European Oil Royalty Trust) Interest Expense : $0.00 Mil (TTM As of Jan. 2024)

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What is North European Oil Royalty Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. North European Oil Royalty Trust's interest expense for the three months ended in Jan. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 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. North European Oil Royalty Trust's Operating Income for the three months ended in Jan. 2024 was $ 0.43 Mil. North European Oil Royalty Trust's Interest Expense for the three months ended in Jan. 2024 was $ 0.00 Mil. North European Oil 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.

North European Oil Royalty Trust Interest Expense Historical Data

The historical data trend for North European Oil 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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North European Oil Royalty Trust Interest Expense Chart

North European Oil Royalty Trust Annual Data

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Interest Expense

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North European Oil Royalty Trust Quarterly Data
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North European Oil 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

North European Oil Royalty Trust (NYSE:NRT) 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.

North European Oil Royalty Trust's Interest Expense for the three months ended in Jan. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was $0.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $0.00 Mil.

North European Oil Royalty Trust's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

North European Oil Royalty Trust had no long-term debt ⁽¹⁾.

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

Good Sign:

North European Oil Royalty Trust has no debt.

North European Oil Royalty Trust (North European Oil Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » North European Oil Royalty Trust (NYSE:NRT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

5 N. Lincoln Street, P.O. Box 187, Keene, NH, USA, 03431

Website

http://www.neort.com

North European Oil Royalty Trust holds overriding royalty rights covering gas and oil production in certain concessions or leases in the Federal Republic of Germany. The properties of the trust are overriding royalty rights on sales of gas, sulfur, and oil under certain concessions or leases in the Federal Republic of Germany. The trust also holds other royalty rights, which are based on leases. It receives various percentages of royalties on the proceeds of the sales of certain products from the areas involved.

Executives

Prue Nancy J F	other: Trustee	775 BRUSHWOOD COURT, MILLERSVILLE MD 21108
Robert P Adelman	other: Trustee	9 FOX TAIL ROAD, AMELIA ISLAND FL 32034
Ahron H Haspel	other: Trustee	220 EAST 65TH STREET, APT. 24G, NEW YORK NY 10065-6629
Rosalie Joyce Wolf	other: Trustee	150 EAST 69TH STREET, APT 23J, NEW YORK NY 10021
Van Kirk John Russell	other: Managing Director	104 HEULITT ROAD, COLTS NECK NJ 07722
Lawrence A Kobrin	other: Trustee	15 WEST 81 STREET, NEW YORK NY 10024
Samuel M Eisenstat	other: Trustee	45 EAST 89TH STREET, APT. 24E, NEW YORK NY 10128
Van Kirk John H	other: Managing Trustee	P.O. BOX 456, RED BANK NJ 07701