The Gabelli Equity Trust Inc. company logo
The Gabelli Equity Trust Inc. logo

The Gabelli Equity Trust Inc. (GAB) Interest Expense

Annual Interest Expense

$4.49M$1.57M+53.56%

Summary

Current Value
As of today, GAB annual interest expense is $4.49M, up +53.56% on
Historical Performance
GAB annual interest expense is up +3634.64% over the past 3 years, with unknown 5-year change
All-Time High Comparison
GAB annual interest expense is currently at its all-time high
3-Year Low Comparison
GAB annual interest expense is +54.05% above its 3-year low of $2.91M reached on an earlier date
Sector Comparison
GAB annual interest expense is higher than 44.62% of companies in Financial Services sector

Interest Expense Chart

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Series
SUGGESTED SERIES

Performance

GAB Performance
MetricDateValue1Y3Y5Y15Y
Annual Interest Expense$4.49M+53.6%+3634.6%
Quarterly Interest Expense-
TTM Interest Expense-
Price$6.19+11.9%+8.2%-1.8%+8.7%
-
-
Annual Total Debt$424.42K+10000.0%
Annual Revenue$203.01M-13.2%-44.1%

Interest Expense Highs

GAB Annual Interest Expense Highs Comparison
PeriodHighDateCurrent
3Y$4.49Mat high
5Y$4.49Mat high
All$4.49Mat high

Interest Expense Lows

GAB Annual Interest Expense Lows Comparison
PeriodLowDateCurrent
3Y$2.91MN/A+54.0%
5Y$120.15K+3634.6%
All$120.15K+3634.6%

Interest Expense History

YearValueChange
$4.49M+53.6%
$2.92M+0.3%
YearValueChange
$2.91M+2,324.3%
$120.15K-

FAQ

  • What is the current annual interest expense of GAB?

    As of today, GAB annual interest expense is $4.49M

  • What is 1-year change in GAB annual interest expense?

    GAB annual interest expense is up +53.56% year-over-year

  • What is 3-year change in GAB annual interest expense?

    GAB annual interest expense is up +3634.64% over the past 3 years

  • How far is GAB annual interest expense from its all-time high?

    GAB annual interest expense is currently at its all-time high

  • How does GAB annual interest expense rank versus sector peers?

    GAB annual interest expense is higher than 44.62% of companies in Financial Services sector

  • When is GAB next annual earnings release?

    As of today, the next annual earnings release for GAB has not been scheduled

Interest Expense Formula

Interest Expense = Carrying Value of Debt × Effective Interest Rate

Data Sources & References

  1. GAB Official Website www.gabelli.com/Template/fundinfo.cfm?tid=MWY5ZDg=&bid=YjUxNQ==&mid=MjJmMTI=&num=NmVjMTI=&kid=Mzc2MDA=&pid=obj&rid=111-=edoc_dnuf
  2. GAB Profile on Yahoo Finance finance.yahoo.com/quote/GAB
  3. GAB Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/gab