City of London Investment Trust (The) (LSE:CTY) Interest Expense : £-4.8 Mil (TTM As of Dec. 2023)

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What is City of London Investment Trust (The) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. City of London Investment Trust (The)'s interest expense for the six months ended in Dec. 2023 was £ -2.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was £-4.8 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. City of London Investment Trust (The)'s Operating Income for the six months ended in Dec. 2023 was £ Mil. City of London Investment Trust (The)'s Interest Expense for the six months ended in Dec. 2023 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.

City of London Investment Trust (The) Interest Expense Historical Data

The historical data trend for City of London Investment Trust (The)'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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City of London Investment Trust (The) Interest Expense Chart

City of London Investment Trust (The) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-7.07

-6.69

-5.13

-4.39

-4.88

City of London Investment Trust (The) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-2.17	-2.22	-2.37	-2.51	-2.27

City of London Investment Trust (The) 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-4.8 Mil.

City of London Investment Trust (The) (LSE:CTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » City of London Investment Trust (The) PLC (LSE:CTY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

201 Bishopsgate, London, GBR, EC2M 3AE

Website

http://www.cityinvestmenttrust.com

City of London Investment Trust (The) PLC is an investment trust which aims to provide long-term growth in income and capital through investments in equities listed on the London Stock Exchange. While the company mainly invests in equities, there is the flexibility to invest in debt securities, such as convertibles, corporate bonds, or government debt. It generates most of its revenue from investing in the UK market.

City of London Investment Trust (The) (LSE:CTY) Headlines

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