United States Natural Gas Fund (UNG) Interest Expenses (2009 - 2021)
United States Natural Gas Fund (UNG) recorded quarterly Interest Expenses of $22290.0 in Q2 2021, down 72.48% on a QoQ basis from $81000.0 in Q1 2021, and down 80.05% YoY from $111750.0 in Q2 2020.
Analysis
United States Natural Gas Fund (UNG) Interest Expenses (2009 - 2021) Analysis & Trends
United States Natural Gas Fund (UNG) has reported Interest Expenses for 13 consecutive years, with $22290.0 the latest figure, recorded in Q2 2021.
- For the quarter ending Q2 2021, Interest Expenses fell 80.05% year-over-year to $22290.0; the trailing twelve-month figure through Mar 2022 stood at $22290.0 (down 94.09% YoY), and the FY2021 full-year result was $103290.0, down 71.64% from the prior year.
- Interest Expenses was $22290.0 for Q2 2021 at United States Natural Gas Fund, down from $81000.0 in the prior quarter.
- The five-year high for Interest Expenses was $111750.0 in Q2 2020, with the low at $14556.0 in Q2 2018.
- Historically, Interest Expenses has averaged $50010.3 across 5 years, with a median of $40453.0 in 2017.
- Annual changes were most pronounced in 2020 — Interest Expenses jumped 624.29% — and 2021, when it sank 80.05%.
- Tracing UNG's Interest Expenses over 5 years: stood at $41637.0 in 2017, then sank by 64.66% to $14716.0 in 2018, then jumped by 368.88% to $69000.0 in 2019, then advanced by 20.0% to $82800.0 in 2020, then tumbled by 73.08% to $22290.0 in 2021.
- Per Business Quant data, the three most recent Interest Expenses figures were $22290.0 in Q2 2021, $81000.0 in Q1 2021, and $82800.0 in Q4 2020.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 134.00 Mn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | - |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | - |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | - |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | - |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | - |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | 23.50 Mn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | 23.60 Mn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 40.50 Mn |
| 10 | United States Natural Gas Fund | 445.85 Mn | 158.25 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2021 | 22,290.00 |
| Mar 31, 2021 | 81,000.00 |
| Dec 31, 2020 | 82,800.00 |
| Sep 30, 2020 | 101,400.00 |
| Jun 30, 2020 | 111,750.00 |
| Mar 31, 2020 | 68,250.00 |
| Dec 31, 2019 | 69,000.00 |
| Sep 30, 2019 | 34,621.00 |
| Jun 30, 2019 | 15,429.00 |
| Mar 31, 2019 | 25,390.00 |
| Dec 31, 2018 | 14,716.00 |
| Sep 30, 2018 | 14,717.00 |
| Jun 30, 2018 | 14,556.00 |
| Mar 31, 2018 | 39,269.00 |
| Dec 31, 2017 | 41,637.00 |
| Sep 30, 2017 | 41,637.00 |
| Jun 30, 2017 | 39,266.00 |
| Mar 31, 2017 | 82,458.00 |
| Dec 31, 2016 | 101,751.00 |
| Sep 30, 2016 | 101,751.00 |