Center Coast Brookfield MLP & Energy Infrastructure Fund (Center Coast Brookfield MLP & Energy Infrastructure Fund) Debt-to-Equity : 0.19 (As of Mar. 2023)

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What is Center Coast Brookfield MLP & Energy Infrastructure Fund Debt-to-Equity?

Center Coast Brookfield MLP & Energy Infrastructure Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. Center Coast Brookfield MLP & Energy Infrastructure Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $18.00 Mil. Center Coast Brookfield MLP & Energy Infrastructure Fund's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $97.43 Mil. Center Coast Brookfield MLP & Energy Infrastructure Fund's debt to equity for the quarter that ended in Mar. 2023 was 0.18.

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 Center Coast Brookfield MLP & Energy Infrastructure Fund's Debt-to-Equity or its related term are showing as below:

CEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.25 Max: 0.29
Current: 0.19

During the past 5 years, the highest Debt-to-Equity Ratio of Center Coast Brookfield MLP & Energy Infrastructure Fund was 0.29. The lowest was 0.19. And the median was 0.25.

CEN's Debt-to-Equity is not ranked
in the Asset Management industry.
Industry Median: 0.19 vs CEN: 0.19

Center Coast Brookfield MLP & Energy Infrastructure Fund Debt-to-Equity Historical Data

The historical data trend for Center Coast Brookfield MLP & Energy Infrastructure Fund'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.

Center Coast Brookfield MLP & Energy Infrastructure Fund Debt-to-Equity Chart

Center Coast Brookfield MLP & Energy Infrastructure Fund Annual Data

Trend

Nov17

Sep19

Sep20

Sep21

Sep22

Debt-to-Equity

0.29

0.27

0.25

0.23

Center Coast Brookfield MLP & Energy Infrastructure Fund Semi-Annual Data
	Nov17	May18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial						0.26	0.25	0.19	0.23	0.19

Competitive Comparison of Center Coast Brookfield MLP & Energy Infrastructure Fund's Debt-to-Equity

For the Asset Management subindustry, Center Coast Brookfield MLP & Energy Infrastructure Fund'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.

Center Coast Brookfield MLP & Energy Infrastructure Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Center Coast Brookfield MLP & Energy Infrastructure Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Center Coast Brookfield MLP & Energy Infrastructure Fund's Debt-to-Equity falls into.

Center Coast Brookfield MLP & Energy Infrastructure Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Center Coast Brookfield MLP & Energy Infrastructure Fund's Debt to Equity Ratio for the fiscal year that ended in Sep. 2022 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	+	21.5)	/	92.915
	=	0.23

Center Coast Brookfield MLP & Energy Infrastructure Fund's Debt to Equity Ratio for the quarter that ended in Mar. 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	+	18)	/	97.429
	=	0.18

Center Coast Brookfield MLP & Energy Infrastructure Fund (NYSE:CEN) 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.

Center Coast Brookfield MLP & Energy Infrastructure Fund Debt-to-Equity Related Terms

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Center Coast Brookfield MLP & Energy Infrastructure Fund (Center Coast Brookfield MLP & Energy Infrastructure Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Center Coast Brookfield MLP & Energy Infrastructure Fund (NYSE:CEN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 Vesey Street, 15th Floor, Brookfield Place, New York, NY, USA, 10281-1023

Website

https://www.brookfield.com

Center Coast Brookfield MLP & Energy Infrastructure Fund is a closed-end management investment company. Its fund's investment objective is to provide a high level of total return with an emphasis on distributions to shareholders. It invests primarily in a portfolio of master limited partnerships (MLPs) and energy infrastructure companies.

Executives

Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Craig Ruckman	officer: Fund's Secretary	1633 BROADWAY, NEW YORK NY 10019
Louis P Salvatore	director	7 SYLVAN WAY, PARSIPPANY NJ 07054
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Thomas Shawn Miller	other: Adviser's Portfolio Manager	C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281-1023
Joseph Edward Herman	other: Portfolio Manager	C/O BROOKFIELD PUBLIC SECURITIES GROUP, BROOKFIELD PLACE, 250 VESEY STR., 15 FL, NEW YORK NY 10281
Boran Buturovic	other: Portfolio Manager	C/O BROOKFIELD PUBLIC SECURITIES GROUP, BROOKFIELD PLACE, 250 VESEY STR., 15 FL, NEW YORK NY 10281
Wright William H Ii	director	C/O VIRTUS INVESTMENT PARTNERS, 100 PEARL STREET, HARTFORD CT 06103
Brookfield Investment Management Inc.	other: Fund's Adviser	BROOKFIELD PLACE, 225 LIBERTY STREET, 43RD FLOOR, NEW YORK NY 10281
Stuart A Mcfarland	director	C/O FORTRESS INVESTMENT GROUP, 1345 AVE OF THE AMERICAS 46TH FL, NEW YORK NY 10105
Edward A Kuczmarski	director	C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST, 15TH FL, NEW YORK NY 10281-1023
Mohamed Rasul	officer: Fund's Assistant Treasurer	BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Thomas Doyle Peeney	officer: Secretary	BROOKFIELD INVESTMENT MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Casey Tushaus	officer: Fund's Assistant Treasurer	BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Jeffrey Allyn Jorgensen	other: Fund's Portfolio Manager	BROOKFIELD INVESTMENT MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY STREET, 15TH, NEW YORK NY 10281