GRXPB.PFD (Gabelli Healthcare & WellnessRx Trust) Interest Expense : $-2.92 Mil (TTM As of Dec. 2024)

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What is Gabelli Healthcare & WellnessRx Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gabelli Healthcare & WellnessRx Trust's interest expense for the six months ended in Dec. 2024 was $ -1.46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-2.92 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 Healthcare & WellnessRx Trust's Operating Income for the six months ended in Dec. 2024 was $ Mil. Gabelli Healthcare & WellnessRx 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 Healthcare & WellnessRx Trust Interest Expense Historical Data

The historical data trend for Gabelli Healthcare & WellnessRx 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 Healthcare & WellnessRx Trust Interest Expense Chart

Gabelli Healthcare & WellnessRx Trust Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.06

-1.94

-3.18

-2.77

-2.92

Gabelli Healthcare & WellnessRx Trust Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial										-1.58	-1.36	-1.42	-1.46	-1.46

Gabelli Healthcare & WellnessRx 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 $-2.92 Mil.

Gabelli Healthcare & WellnessRx Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Healthcare & WellnessRx Trust (NYSE:GRXpB.PFD) » Definitions » Interest Expense

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Traded in Other Exchanges

GRX:USA

Address

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

Website

https://www.gabelli.com

Gabelli Healthcare & WellnessRx Trust operates as a diversified closed-end management investment company. The investment objective of the fund is the long-term growth of capital. The fund invests at least its assets in equity securities and income-producing securities of domestic and foreign companies in the healthcare and wellness industries. It invests in various sectors, of which Health Care Providers & Services, Food, Health Care Equipment and Supplies, and Pharmaceuticals account for the majority of the weightage.