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TEAF (Tortoise Essential Assetsome Term) Interest Expense : $-1.64 Mil (TTM As of May. 2024)


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What is Tortoise Essential Assetsome Term Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tortoise Essential Assetsome Term's interest expense for the six months ended in May. 2024 was $ -0.72 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2024 was $-1.64 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. Tortoise Essential Assetsome Term's Operating Income for the six months ended in May. 2024 was $ Mil. Tortoise Essential Assetsome Term's Interest Expense for the six months ended in May. 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.

Tortoise Essential Assetsome Term Interest Expense Historical Data

The historical data trend for Tortoise Essential Assetsome Term'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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Tortoise Essential Assetsome Term Interest Expense Chart

Tortoise Essential Assetsome Term Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23
Interest Expense
-0.62 -0.48 -0.30 -0.70 -1.77

Tortoise Essential Assetsome Term Semi-Annual Data
May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.17 -0.53 -0.85 -0.92 -0.72

Tortoise Essential Assetsome Term 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 May. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.64 Mil.

* 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.

Tortoise Essential Assetsome Term Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tortoise Essential Assets Income Term (NYSE:TEAF) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
6363 College Boulevard, Suite 100A, Overland Park, KS, USA, 66211
Website
https://www.tortoiseecofin.com
Tortoise Essential Assets Income Term is a US-based non-diversified, closed-end management investment company. Its investment objective is to provide common shareholders with a high level of total return with an emphasis on current distributions.
Executives
Ciccotello Conrad S director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Katherine Moore officer: President, other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Jennifer Paquette director 5100 W. 115TH PLACE, LEAWOOD KS 66211
H Kevin Birzer director, other: MEMBER, INVESTMENT COMMITTEE 5100 W. 115TH PLACE, LEAWOOD KS 66211
Alexandra Herger director 5100 W. 115TH PLACE, LEAWOOD KS 66211
P. Bradley Adams officer: CFO, PFO & TREASURER 5100 W. 115TH PLACE, LEAWOOD KS 66211
Rand C Berney director 11550 ASH STREET, SUITE 300, LEAWOOD KS 66211
Sean Paul Wickliffe officer: Vice President & Asst Treas. 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Gregory Daniel Murphy other: Member of Investment Committee 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Prashanth Prakash other: Member of Investment Committee 15 RIVER ROAD, WILTON CT 06897
Lamaze Jean-hugues De other: Member of Investment Committee C/O 5100 W. 115TH PLACE, LEAWOOD KS 66211
Maneesh Jhunjhunwala other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Gary Paul Henson other: DIR.; MEMBER OF INV. COMM.^ 5100 W. 115TH PLACE, LEAWOOD KS 66211
Ryan Channell officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Gengler Courtney officer: Vice President 5200 W. 115TH PLACE, LEAWOOD KS 66211