PRIFPC.PFD (Priorityome Fund,) Interest Expense : $-4.07 Mil (TTM As of Dec. 2024)

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What is Priorityome Fund, Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Priorityome Fund,'s interest expense for the six months ended in Dec. 2024 was $ -2.23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-4.07 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. Priorityome Fund,'s Operating Income for the six months ended in Dec. 2024 was $ 0.00 Mil. Priorityome Fund,'s Interest Expense for the six months ended in Dec. 2024 was $ -2.23 Mil. Priorityome Fund, did not have earnings to cover the interest expense. 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.

Priorityome Fund, Interest Expense Historical Data

The historical data trend for Priorityome Fund,'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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Priorityome Fund, Interest Expense Chart

Priorityome Fund, Annual Data

Trend

Jun13

Jun14

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-0.74

-1.67

-2.42

-3.27

-3.24

Priorityome Fund, Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Dec15	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial													-1.64	-1.63	-1.39	-1.84	-2.23

Priorityome Fund, 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 $-4.07 Mil.

Priorityome Fund, (NYSE:PRIFpC.PFD) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Priorityome Fund,'s Interest Expense for the six months ended in Dec. 2024 was $-2.23 Mil. Its Operating Income for the six months ended in Dec. 2024 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $67.18 Mil.

Priorityome Fund,'s Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

The higher the ratio, the stronger the company's financial strength is.

Priorityome Fund, Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Priority Income Fund, Inc. (NYSE:PRIFpC.PFD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PRIFpG.PFD:USA PRIFpF.PFD:USA PRIFpD.PFD:USA

Address

10 East 40th Street, 42nd Floor, New York, NY, USA, 10016

Website

https://www.priorityincomefund.com

Priority Income Fund, Inc. is an externally managed, diversified, closed-end management investment company. Its investment objective is to generate current income, and as a secondary objective, long-term capital appreciation. The company invests in broad pools of senior secured, floating rate loans made to companies whose debt is rated below investment grade or, in limited circumstances, unrated with an emphasis on current income. It invests in both the primary and secondary markets.

Priorityome Fund, Headlines

From GuruFocus

Karpus Management, Inc. Acquires 250,062 Shares in Priority Income Fund, Inc.

By GuruFocus News • 02-15-2025