Permian Basin Royalty Trust (Permian Basin Royalty Trust) Interest Expense : $0.00 Mil (TTM As of Dec. 2023)

View and export this data going back to 1980. Start your Free Trial

What is Permian Basin Royalty Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Permian Basin 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. Permian Basin Royalty Trust's Operating Income for the three months ended in Dec. 2023 was $ 14.28 Mil. Permian Basin Royalty Trust's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Permian Basin 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.

Permian Basin Royalty Trust Interest Expense Historical Data

The historical data trend for Permian Basin 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.

Permian Basin Royalty Trust Interest Expense Chart

Permian Basin Royalty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

Permian Basin 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	Get a 7-Day Free Trial															-	-	-	-	-

Permian Basin 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.

Permian Basin Royalty Trust (NYSE:PBT) 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.

Permian Basin 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 $14.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

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

Permian Basin Royalty Trust had no long-term debt ⁽¹⁾.

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

Good Sign:

Permian Basin Royalty Trust has no debt.

Permian Basin Royalty Trust (Permian Basin Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Permian Basin Royalty Trust (NYSE:PBT) » Definitions » Interest Expense

Comparable Companies

TK EE OSG NGL TNP SMLP DLNG BROG IMPP MMLP TSX:ENB EPD ET WMB OKE MPLX KMI TSX:TRP LNG TRGP

Traded in Other Exchanges

N/A

Address

2911 Turtle Creek Boulevard, Suite 850, Dallas, TX, USA, 75219

Website

https://www.pbt-permian.com

Permian Basin Royalty Trust is an express trust. The company's underlying properties include Waddell Ranch Properties in which the trust holds mineral interest as well as royalty interests in mature producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole and others across Texas. The company earns revenue in form of royalties received through its properties.

Executives

Burlington Resources Oil & Gas Co Lp

10 percent owner

717 TEXAS AVENUE, SUITE 2100, HOUSTON TX 77002