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Cross Timbers Royalty Trust (Cross Timbers Royalty Trust) Interest Expense

: $0.00 Mil (TTM As of Dec. 2023)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cross Timbers 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. Cross Timbers Royalty Trust's Operating Income for the three months ended in Dec. 2023 was $ 2.40 Mil. Cross Timbers Royalty Trust's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Cross Timbers 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.


Cross Timbers Royalty Trust Interest Expense Historical Data

The historical data trend for Cross Timbers 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.

* Premium members only.

Cross Timbers Royalty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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Cross Timbers Royalty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Cross Timbers 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.


Cross Timbers Royalty Trust  (NYSE:CRT) 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.

Cross Timbers 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 $2.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

Cross Timbers Royalty Trust's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Cross Timbers 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:

Cross Timbers Royalty Trust has no debt.


Cross Timbers Royalty Trust (Cross Timbers Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
C/o Corporate Argent Trust Company, 2911 Turtle Creek Boulevard, Suite 850, Dallas, TX, USA, 75219
Cross Timbers Royalty Trust is a United States based trust. Its principal asset is the net profits interests. The net profits interests are derived from producing royalty, overriding royalty interests, and working interests properties. The underlying properties of the trust include producing properties in Texas, Oklahoma, and New Mexico.
Executives
Gary D. Simpson officer: Sr VP Investor Rel & Finance, other: Advisory Dir - XTO Energy Inc. 810 HOUSTON STREET, FORT WORTH TX 76102
Timothy L Petrus other: Exec VP - XTO Energy Inc. 810 HOUSTON STREET, FORT WORTH TX 76102
Phillip R Kevil other: Director-XTO Energy Inc. C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Vennerberg Vaughn O Ii other: Exec. VP - Admin., XTO Energy
Bob R Simpson other: Dir/CEO/Chair, XTO Energy C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Bennie G Kniffen other: Sr. VP-Controller, XTO Energy
Steffen E Palko Dir, Pres. and Vice Chairman, other: Dir/Pres/Vice Chair-XTO Energy
Louis G Baldwin other: Executive VP-CFO, XTO Energy
Keith A Hutton other: Exec. VP-Operation, XTO Energy C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Lane G Collins other: Director, XTO Energy
Jack P Randall other: Director, XTO Energy Inc.
Adams William H Iii other: Director, XTO Energy Inc. C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Scott G Sherman other: Director XTO Energy Inc.
Herbert D Simons other: Director, XTO Energy Inc.

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