GAMCO Natural Resources, Gold &ome Trust (GAMCO Natural Resources, Gold &ome Trust) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is GAMCO Natural Resources, Gold &ome Trust Debt-to-Equity?

GAMCO Natural Resources, Gold &ome Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. GAMCO Natural Resources, Gold &ome Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. GAMCO Natural Resources, Gold &ome Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $101.63 Mil. GAMCO Natural Resources, Gold &ome Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for GAMCO Natural Resources, Gold &ome Trust's Debt-to-Equity or its related term are showing as below:

GNT's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

GAMCO Natural Resources, Gold &ome Trust Debt-to-Equity Historical Data

The historical data trend for GAMCO Natural Resources, Gold &ome Trust's Debt-to-Equity 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.

GAMCO Natural Resources, Gold &ome Trust Debt-to-Equity Chart

GAMCO Natural Resources, Gold &ome Trust Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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GAMCO Natural Resources, Gold &ome Trust Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of GAMCO Natural Resources, Gold &ome Trust's Debt-to-Equity

For the Asset Management subindustry, GAMCO Natural Resources, Gold &ome Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GAMCO Natural Resources, Gold &ome Trust's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GAMCO Natural Resources, Gold &ome Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where GAMCO Natural Resources, Gold &ome Trust's Debt-to-Equity falls into.

GAMCO Natural Resources, Gold &ome Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GAMCO Natural Resources, Gold &ome Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	101.628
	=	0.00

GAMCO Natural Resources, Gold &ome Trust's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	101.628
	=	0.00

GAMCO Natural Resources, Gold &ome Trust (NYSE:GNT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

GAMCO Natural Resources, Gold &ome Trust Debt-to-Equity Related Terms

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GAMCO Natural Resources, Gold &ome Trust (GAMCO Natural Resources, Gold &ome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GNTpA.PFD:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

http://www.gabelli.com

GAMCO Natural Resources, Gold & Income Trust is a non-diversified closed-end management investment company. The company's primary investment objective is to provide a high level of current income from interest, dividends, and options premiums. It invests in various sectors such as metals and mining, energy and energy services, specialty chemicals, agriculture, healthcare, machinery, food and beverage, and others.

Executives

Agnes Mullady	officer: Treasurer & Secretary	ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn	director
Anthony S. Colavita	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Kuni Nakamura	director	1 MARTIN BUTLER COURT, RYE NY 10580
Bruce N Alpert	officer: President	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Mario J Gabelli	other: Control Person of Adviser	191 MASON STREET, GREENWICH CT 06830
William F Heitmann	director	1095 AVENUE OF THE AMERICAS, ROOM 4140, NEW YORK NY 10036-6797
Michael J Melarkey	director	ONE CORPORATE CENTER, RYE NY 10580
Anthonie C Vanekris	director	ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr	director	ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza	director	810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Urso Mario D	director	65 EATON SQUARE, LONDON SW UK X0 041101225
Anthony J Colavita	director	ONE CORPORATE CENTER, RYE NY 10580