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Energy Transfer Operating LP (Energy Transfer Operating LP) Effective Interest Rate on Debt % : 4.41% (As of Dec. 2020)


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What is Energy Transfer Operating 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. Energy Transfer Operating LP's annualized positive value of Interest Expense for the quarter that ended in Dec. 2020 was $2,304.00 Mil. Energy Transfer Operating LP's average total debt for the quarter that ended in Dec. 2020 was $52,292.00 Mil. Therefore, Energy Transfer Operating LP's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2020 was 4.41%.


Energy Transfer Operating LP Effective Interest Rate on Debt % Historical Data

The historical data trend for Energy Transfer Operating 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.

* Premium members only.

Energy Transfer Operating LP Effective Interest Rate on Debt % Chart

Energy Transfer Operating LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.76 4.46 4.39 4.90 4.46

Energy Transfer Operating LP Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 4.68 4.64 4.49 4.36 4.41

Competitive Comparison of Energy Transfer Operating LP's Effective Interest Rate on Debt %

For the Oil & Gas Midstream subindustry, Energy Transfer Operating 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.


Energy Transfer Operating LP's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Energy Transfer Operating LP's Effective Interest Rate on Debt % falls into.



Energy Transfer Operating LP Effective Interest Rate on Debt % Calculation

Energy Transfer Operating LP's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2019 )+Total Debt  (A: Dec. 2020 ))/ count )
=-1  *  -2323/( (51891+52256)/ 2 )
=-1  *  -2323/52073.5
=4.46 %

where

Energy Transfer Operating LP's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2020 )+Total Debt  (Q: Dec. 2020 ))/ count )
=-1  *  -2304/( (52328+52256)/ 2 )
=-1  *  -2304/52292
=4.41 %

where

* 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. 2020) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Energy Transfer Operating LP  (NYSE:ETPpD.PFD) Effective Interest Rate on Debt % Explanation

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


Energy Transfer Operating LP Effective Interest Rate on Debt % Related Terms

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Energy Transfer Operating LP (Energy Transfer Operating LP) Business Description

Traded in Other Exchanges
N/A
Address
8111 Westchester Drive, Suite 600, Dallas, TX, USA, 75225
Energy Transfer Operating LP is a diversified midstream energy company in the country with more than 86,000 miles of pipelines traversing approximately 38 states transporting the oil and gas products. Its core operations include transportation, storage and terminalling for natural gas, crude oil, NGLs, refined products and liquid natural gas. The operating business segments of the company are intrastate transportation and storage, interstate transportation and storage, midstream, NGL and refined products transportation and services, crude oil transportation and services, investment in Sunoco LP, investment in USAC, and Other. The crude oil transportation and services segment generates maximum revenue for the company.