First Trust New Opportunities MLP & Energy Fund (First Trust New Opportunities MLP & Energy Fund) Debt-to-Revenue : 3.38 (As of Oct. 2023)

First Trust New Opportunities MLP & Energy Fund Debt-to-Revenue Chart

First Trust New Opportunities MLP & Energy Fund Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Revenue	Get a 7-Day Free Trial								2.96	1.29	4.86	4.88	3.38

Competitive Comparison of First Trust New Opportunities MLP & Energy Fund's Debt-to-Revenue

For the Asset Management subindustry, First Trust New Opportunities MLP & Energy Fund's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.

First Trust New Opportunities MLP & Energy Fund's Debt-to-Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust New Opportunities MLP & Energy Fund's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where First Trust New Opportunities MLP & Energy Fund's Debt-to-Revenue falls into.

First Trust New Opportunities MLP & Energy Fund Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

First Trust New Opportunities MLP & Energy Fund's Debt-to-Revenue for the fiscal year that ended in Oct. 2023 is calculated as

First Trust New Opportunities MLP & Energy Fund's annualized Debt-to-Revenue for the quarter that ended in Oct. 2023 is calculated as

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Oct. 2023) Revenue data.

First Trust New Opportunities MLP & Energy Fund Debt-to-Revenue Related Terms

Thank you for viewing the detailed overview of First Trust New Opportunities MLP & Energy Fund's Debt-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

First Trust New Opportunities MLP & Energy Fund (First Trust New Opportunities MLP & Energy Fund) Business Description