Barnwell Industries (Barnwell Industries) Effective Interest Rate on Debt % : 19.28% (As of Dec. 2023)

View and export this data going back to 1984. Start your Free Trial

What is Barnwell Industries 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. Barnwell Industries's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.01 Mil. Barnwell Industries's average total debt for the quarter that ended in Dec. 2023 was $0.04 Mil. Therefore, Barnwell Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 19.28%.

Barnwell Industries Effective Interest Rate on Debt % Historical Data

The historical data trend for Barnwell Industries'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.

* Premium members only.

Barnwell Industries Effective Interest Rate on Debt % Chart

Barnwell Industries Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

1.49

6.07

0.52

1.92

Barnwell Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	3.70	5.33	19.28

Competitive Comparison of Barnwell Industries's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Barnwell Industries'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.

Barnwell Industries's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

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

Barnwell Industries Effective Interest Rate on Debt % Calculation

Barnwell Industries's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Sep. 2022 )	+	Total Debt (A: Sep. 2023 ))	/ count )
=	-1 * -0.002	/	( (0.161	+	0.047)	/ 2 )
=	-1 * -0.002	/	0.104
=	1.92 %

where

	Total Debt (A: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.161	+	0
=	0.161

	Total Debt (A: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.047	+	0
=	0.047

Barnwell Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -0.008	/	( (0.047	+	0.036)	/ 2 )
=	-1 * -0.008	/	0.0415
=	19.28 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.047	+	0
=	0.047

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.036	+	0
=	0.036

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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Barnwell Industries (AMEX:BRN) Effective Interest Rate on Debt % Explanation

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

Barnwell Industries Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Barnwell Industries's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Barnwell Industries (Barnwell Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Barnwell Industries Inc (AMEX:BRN) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 Alakea Street, Suite 500, Honolulu, HI, USA, 96813-2840

Website

https://www.brninc.com

Barnwell Industries Inc is an oil and gas firm. Its areas of operations include acquiring, developing, producing, and selling oil and natural gas. The company acquires and develops crude oil and natural gas assets. The company's operating segment includes Oil and natural gas, Contract drilling, Land investment, and Others. It generates maximum revenue from the Oil and natural gas segment. It operates in two geographical segments the United States, which generates a majority of revenue, and Canada.

Executives

Joshua Horowitz	director	72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Ned L Sherwood	10 percent owner	54 MORRIS LN, SCARSDALE NY 10583
Ned L. Sherwood Revocable Trust	10 percent owner	151 TERRAPIN POINT, VERO BEACH FL 32963
Mrmp Managers Llc	10 percent owner	C/O SOUTH DAKOTA TRUST COMPANY LLC, 201 SOUTH PHILIPS AVENUE, STE 200, SIOUX FALLS SD 57104-6449
Alexander C Kinzler	director, officer: President and COO	1100 ALAKEA STREET, SUITE 2900, HONOLULU HI 96813
Laurance Elliot Narbut	director	3324 WOODSIDE ROAD, WOODSIDE CA 94062
Douglas N Woodrum	director	C/O BARNWELL INDUSTRIES, INC., 1100 ALAKEA STREET, SUITE 2900, HONOLULU HI 96813
Francis J. Kelly	director	10402 PATRICIAN WOODS COURT, GREAT FALLS VA 22066
Joseph Eugene Magaro	10 percent owner	401 RIVERSVILLE ROAD, GREENWICH CT 06831
O'farrell Colin R.	director	3465 N. PINES WAY, SUITE 104-PMB 22, WILSON WY 83014
Peter J. O'malley	director	150 TABLE ROCK ROAD, ALTA WY 83414
Russell M Gifford	director, officer: EVP,CFO, Treasurer	1100 ALAKEA STREET, SUITE 2900, HONOLULU HI 96813
Kenneth S Grossman	director	18 NORFOLK RD, GREAT NECK NY 11020
Philip James Mcpherson	director	417 31ST STREET, UNIT A, NEWPORT BEACH CA 92663
Bradley M Tirpak	director	50 ORCHARD ST., NEW YORK NY 10002