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Antero Midstream (Antero Midstream) Effective Interest Rate on Debt % : 6.68% (As of Mar. 2024)


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What is Antero Midstream Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Antero Midstream's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $213 Mil. Antero Midstream's average total debt for the quarter that ended in Mar. 2024 was $3,194 Mil. Therefore, Antero Midstream's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.68%.


Antero Midstream Effective Interest Rate on Debt % Historical Data

The historical data trend for Antero Midstream's Effective Interest Rate on Debt % 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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Antero Midstream Effective Interest Rate on Debt % Chart

Antero Midstream Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 3.82 4.91 5.64 5.86 6.61

Antero Midstream Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.53 6.68 6.73 6.43 6.68

Competitive Comparison of Antero Midstream's Effective Interest Rate on Debt %

For the Oil & Gas Midstream subindustry, Antero Midstream's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Antero Midstream's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Antero Midstream's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Antero Midstream's Effective Interest Rate on Debt % falls into.



Antero Midstream Effective Interest Rate on Debt % Calculation

Antero Midstream's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -217.245/( (3361.282+3213.216)/ 2 )
=-1  *  -217.245/3287.249
=6.61 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3361.282 + 0
=3361.282

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3213.216 + 0
=3213.216

Antero Midstream's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -213.232/( (3213.216+3174.873)/ 2 )
=-1  *  -213.232/3194.0445
=6.68 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3213.216 + 0
=3213.216

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3174.873 + 0
=3174.873

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Antero Midstream  (NYSE:AM) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Antero Midstream Effective Interest Rate on Debt % Related Terms

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Antero Midstream (Antero Midstream) Business Description

Industry
Traded in Other Exchanges
Address
1615 Wynkoop Street, Denver, CO, USA, 80202
Antero Midstream Corp is a midstream company that owns, operates, and develops midstream energy infrastructure services and production activity in the Appalachian Basin's Marcellus Shale and Utica Shale located in West Virginia and Ohio. The company has two operating segments; the Gathering and Processing segment includes a network of gathering pipelines and compressor stations that collect and process production from Antero Resources wells in West Virginia and Ohio and the Water Handling segment includes two independent systems that deliver water from sources including the Ohio River, local reservoirs and several regional waterways. It derives a majority of its revenue from the Gathering and Processing segment.
Executives
Janine J Mcardle director 9337B KATY FREEWAY, #155, HOUSTON TX 77024
Brooks J Klimley director
Sheri Pearce officer: See Remarks 1615 WYNKOOP ST., DENVER CO 80202
Michael N. Kennedy officer: Chief Financial Officer 707 - 17TH STREET, SUITE 3600, DENVER CO 80202
David H Keyte director 1615 WYNKOOP STREET, DENVER CO 80902
Nancy Chisholm director 1615 WYNKOOP STREET, DENVER CO 80202
Keenan W Howard Jr director 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Brendan E. Krueger officer: See Remarks 1615 WYNKOOP STREET, DENVER CO 80202
Yvette K Schultz officer: See Remarks 1615 WYNKOOP STREET, DENVER CO 80202
Paul M Rady director, officer: Chairman & CEO 1625 17TH STREET, DENVER CO 80202
Warren Glen C Jr director, officer: President & Secretary 1625 17TH STREET, DENVER CO 80202
K. Phil Yoo officer: VP-Accounting, CAO 1625 17TH STREET, DENVER CO 80202
Warburg Pincus Private Equity X O&g, L.p. director, 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Peter Kagan director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Yorktown Energy Partners Viii, L.p. director, 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022