What is Cushing� NextGen Infrastructureome Fund Financial Strength?
Cushing� NextGen Infrastructureome Fund has the Financial Strength Rank of 5.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
GuruFocus does not calculate Cushing� NextGen Infrastructureome Fund's interest coverage with the available data.
Cushing� NextGen Infrastructureome Fund's debt to revenue ratio for the quarter that ended in Nov. 2023 was -1.57.
Altman Z-Score does not apply to banks and insurance companies.
Cushing� NextGen Infrastructureome Fund Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
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:
Cushing� NextGen Infrastructureome Fund's Interest Expense for the
months ended in Nov. 2023 was $-1.26 Mil. Its Operating Income for the
months ended in Nov. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $36.81 Mil.
Cushing� NextGen Infrastructureome Fund's Interest Coverage for the quarter that ended in Nov. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Cushing� NextGen Infrastructureome Fund's Debt to Revenue Ratio for the quarter that ended in Nov. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* 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.
Cushing� NextGen Infrastructureome Fund (Cushing� NextGen Infrastructureome Fund) Business Description
Traded in Other Exchanges
N/A
Address
600 N. Pearl Street, Suite 1205, Dallas, TX, USA, 75201
Cushing NextGen Infrastructure Income Fund is a closed-end investment management company. Its investment objective is to seek a high total return with a focus on current income. The Fund invests at least 80% of its net assets in a portfolio of equity and debt securities of infrastructure companies, including energy infrastructure companies, industrial infrastructure companies, sustainable infrastructure companies, and technology & communication infrastructure companies.
Executives
| Jerry V Swank |
officer: CEO and President, other: Trustee, Chairman of the Board |
3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219 |
| Todd Sunderland |
other: Adviser COO |
300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201 |
| Blake Nelson |
officer: Chief Financial Officer |
8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225 |
| Jeffrey A Engelsman |
officer: Chief Compliance Officer |
865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017 |
| John Alban |
officer: CFO and Treasurer |
THE CUSHING MLP TOTAL RETURN FUND, 3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219 |
| Mark Rhodes |
officer: President |
300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201 |
| Andrea Mullins |
director |
3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305 |
| Mathew Calabro |
officer: Chief Compliance Officer |
8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225 |
| John M. Musgrave |
other: Adviser Managing Partner |
8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225 |
| Hari Kusumakar |
other: Portfolio Manager |
300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201 |
| Alex Palma |
other: Portfolio Manager |
300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201 |
| Brenda A Cline |
other: Trustee |
5101 TENNYSON PARKWAY, PLANO TX 75024 |
| Investors, Llp Bulldog |
10 percent owner |
PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663 |
| Phillip Goldstein |
10 percent owner |
60 HERITAGE DRIVE, PLEASANTVILLE NY 10570 |
| Steven Samuels |
10 percent owner |
72 COLEYTOWN ROAD, WESTPORT CT 06882 |
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