Delta Natural Gas Co (Delta Natural Gas Co) Effective Interest Rate on Debt % : 3.02% (As of Jun. 2017)

View and export this data going back to 1981. Start your Free Trial

What is Delta Natural Gas Co 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. Delta Natural Gas Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2017 was $1.52 Mil. Delta Natural Gas Co's average total debt for the quarter that ended in Jun. 2017 was $50.43 Mil. Therefore, Delta Natural Gas Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2017 was 3.02%.

Delta Natural Gas Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Delta Natural Gas Co'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.

Delta Natural Gas Co Effective Interest Rate on Debt % Chart

Delta Natural Gas Co Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

4.26

4.35

4.36

4.37

Delta Natural Gas Co Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.01	4.81	4.87	4.81	3.02

Competitive Comparison of Delta Natural Gas Co's Effective Interest Rate on Debt %

For the Utilities - Regulated Gas subindustry, Delta Natural Gas Co'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.

Delta Natural Gas Co's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Delta Natural Gas Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Delta Natural Gas Co's Effective Interest Rate on Debt % falls into.

Delta Natural Gas Co Effective Interest Rate on Debt % Calculation

Delta Natural Gas Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2017 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jun. 2016 )	+	Total Debt (A: Jun. 2017 ))	/ count )
=	-1 * -2.235	/	( (51.923	+	50.429)	/ 2 )
=	-1 * -2.235	/	51.176
=	4.37 %

where

	Total Debt (A: Jun. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	50.423	+	1.5
=	51.923

	Total Debt (A: Jun. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	48.929	+	1.5
=	50.429

Delta Natural Gas Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2017 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Mar. 2017 )	+	Total Debt (Q: Jun. 2017 ))	/ count )
=	-1 * -1.524	/	( (50.428	+	50.429)	/ 2 )
=	-1 * -1.524	/	50.4285
=	3.02 %

where

	Total Debt (Q: Mar. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	48.928	+	1.5
=	50.428

	Total Debt (Q: Jun. 2017 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	48.929	+	1.5
=	50.429

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 (Jun. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Delta Natural Gas Co (NAS:DGAS) Effective Interest Rate on Debt % Explanation

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

Delta Natural Gas Co Effective Interest Rate on Debt % Related Terms

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

Delta Natural Gas Co (Delta Natural Gas Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Delta Natural Gas Co Inc (NAS:DGAS) » Definitions » Effective Interest Rate on Debt %

Traded in Other Exchanges

N/A

Address

Website

http://www.deltagas.com

Delta Natural Gas Co Inc was incorporated under the laws of the Commonwealth of Kentucky on October 7, 1949. The Company distributes or transports natural gas. Its distribution and transmission systems are located in central and southeastern Kentucky, and it owns and operates an underground natural gas storage field in southeastern Kentucky. The Company transport natural gas to industrial customers who purchase their natural gas in the open market. It also transports natural gas on behalf of local producers and customers not on its distribution system and extract liquids from natural gas in its storage field and on its pipeline systems that are sold at market prices. The Company operates through two segments, a regulated segment and a non-regulated segment. Through regulated segment, the company distributes natural gas to their retail customers in 23 predominantly rural counties. In addition, the regulated segment transports natural gas to large-volume customers on its system who purchase their natural gas in the open market. The regulated segment also transports natural gas on behalf of local producers and other customers not on its distribution system. The non-regulated segment includes three wholly-owned subsidiaries. Two of these subsidiaries, Delta Resources and Delgasco, purchase natural gas in the open market, including natural gas from Kentucky producers. The Company resells this natural gas to industrial customers on its distribution system and to others not on its system. The competes with alternate sources of energy for its regulated distribution customers. These alternate sources include electricity, geo-thermal, coal, oil, propane, wood and solar.

Delta Natural Gas Co (Delta Natural Gas Co) Headlines

From GuruFocus

Delta Natural Gas Company Inc. Reports Operating Results (10-Q)

By gurufocus 10qk • 02-08-2010

Delta Natural Gas Company Inc. Reports Operating Results (10-Q)

By gurufocus 10qk • 05-05-2010

Delta Natural Gas Company Inc. Reports Operating Results (10-Q)

By gurufocus • 05-07-2009

Why Natural Gas Is Trading at a 50% Discount Right Now

By guruek Penny Sleuth • 04-17-2010

Delta Natural Gas Company Inc. Reports Operating Results (10-Q)

By gurufocus • 02-04-2009

Delta Natural Gas Company Inc. Reports Operating Results (10-Q)

By gurufocus 10qk • 11-04-2010

Delta Natural Gas Company Inc. Reports Operating Results (10-Q)

By gurufocus 10qk • 11-05-2009

Delta Natural Gas Company Inc. Reports Operating Results (10-Q)

By gurufocus 10qk • 02-03-2011