GABPK.PFD (Gabelli Equity Trust) Interest Expense : $-4.49 Mil (TTM As of Dec. 2024)

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What is Gabelli Equity Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gabelli Equity Trust's interest expense for the six months ended in Dec. 2024 was $ -2.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-4.49 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. Gabelli Equity Trust's Operating Income for the six months ended in Dec. 2024 was $ Mil. Gabelli Equity Trust's Interest Expense for the six months ended in Dec. 2024 was $ Mil. 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.

Gabelli Equity Trust Interest Expense Historical Data

The historical data trend for Gabelli Equity 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.

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Gabelli Equity Trust Interest Expense Chart

Gabelli Equity Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.01

-0.12

-2.91

-2.92

-4.49

Gabelli Equity Trust Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial											-1.46	-1.46	-1.47	-2.37	-2.11

Gabelli Equity 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-4.49 Mil.

Gabelli Equity Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Equity Trust Inc (NYSE:GABpK.PFD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GABpH.PFD:USA GABpG.PFD:USA GAB:USA

Address

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

Website

https://www.gabelli.com

Gabelli Equity Trust Inc is a non-diversified closed-end management investment company. Its primary investment objective is the long-term growth of capital with income as a secondary objective. The Fund invests at least its assets in equity securities under normal market conditions. Its equity portfolio includes common stock, preferred stock, convertible or exchangeable securities, and warrants and rights to purchase such securities selected by the Investment Adviser. The company invests in various sectors, of which Food & Beverage, Financial Services, Equipment and Supplies, Entertainment, Consumer Products, Health Care, Diversified Industrial, Business Services, Consumer Services and others.