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Dorchester Minerals LP (Dorchester Minerals LP) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Dorchester Minerals LP 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. Dorchester Minerals LP's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.0 Mil. Dorchester Minerals LP's average total debt for the quarter that ended in Dec. 2023 was $1.3 Mil. Therefore, Dorchester Minerals LP's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Dorchester Minerals LP Effective Interest Rate on Debt % Historical Data

The historical data trend for Dorchester Minerals LP'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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Dorchester Minerals LP Effective Interest Rate on Debt % Chart

Dorchester Minerals LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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Dorchester Minerals LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Dorchester Minerals LP's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Dorchester Minerals LP'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.


Dorchester Minerals LP's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Dorchester Minerals LP's Effective Interest Rate on Debt % falls into.



Dorchester Minerals LP Effective Interest Rate on Debt % Calculation

Dorchester Minerals LP'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  *  0/( (1.594+1.313)/ 2 )
=-1  *  0/1.4535
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.313 + 0.281
=1.594

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.041 + 0.272
=1.313

Dorchester Minerals LP'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/( (1.383+1.313)/ 2 )
=-1  *  0/1.348
=0.00 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.108 + 0.275
=1.383

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1.041 + 0.272
=1.313

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


Dorchester Minerals LP  (NAS:DMLP) Effective Interest Rate on Debt % Explanation

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


Dorchester Minerals LP Effective Interest Rate on Debt % Related Terms

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Dorchester Minerals LP (Dorchester Minerals LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3838 Oak Lawn Avenue, Suite 300, Dallas, TX, USA, 75219
Dorchester Minerals LP operates as the owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests. The company generates revenues from royalties, net profits interests, lease bonus, and others. It has leasehold interests in approximately 592 counties and parishes in around 28 states.
Executives
Dorchester Minerals Operating Lp other: Entity Under Common Control 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Bradley J Ehrman officer: Chief Operating Officer 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Leslie A Moriyama officer: Chief Financial Officer 3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
William Casey Mcmanemin director, 10 percent owner, officer: Chief Executive Officer C/O DORCHESTER MINERALS, L.P., 3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Martha Rochelle director 3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Allen H C Jr director, officer: Chief Financial Officer 3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Robert C Vaughn director 3838 OAK LAWN AVENUE, SUITE 710, DALLAS TX 75219
Allen D Lassiter director 25 HIGHLAND PARK VILLAGE, STE 100-780, DALLAS TX 75205
James E Raley director, officer: CHIEF OPERATING OFFICER 9666 ATHERTON DRIVE, DALLAS TX 75243
Buford P Berry director 1700 PACIFIC, SUITE 3300, DALLAS TX 75201
Charles William Russell director 4695 N FM 2869, WINNSBORO TX 75494
Preston A Peak director 3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Ronald Paul Trout director 1241 MOHAWK TRAIL, RICHARDSON, RICHARDSON TX 75080
Lucent Technologies Inc. Master Pension Trust 10 percent owner 600 MOUNTAIN AVENUE, ROOM 7D-523, MURRAY HILL NJ 07974
Wolf Partners Red 10 percent owner 3738 OAK LAWN AVE STE 300, DALLAS TX 75201

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