GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Athlon Energy Inc (FRA:28A) » Definitions » Effective Interest Rate on Debt %

Athlon Energy (FRA:28A) Effective Interest Rate on Debt % : 4.04% (As of Sep. 2014)


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

What is Athlon Energy 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. Athlon Energy's annualized positive value of Interest Expense for the quarter that ended in Sep. 2014 was €38.8 Mil. Athlon Energy's average total debt for the quarter that ended in Sep. 2014 was €961.0 Mil. Therefore, Athlon Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 was 4.04%.

Athlon Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Athlon Energy'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.

Athlon Energy Effective Interest Rate on Debt % Chart

Athlon Energy Annual Data
Trend Dec11 Dec12 Dec13
Effective Interest Rate on Debt %
1.72 3.74 8.35

Athlon Energy Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Effective Interest Rate on Debt % Get a 7-Day Free Trial 7.64 7.96 6.97 6.41 4.04

Competitive Comparison of Athlon Energy's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Athlon Energy'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.

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

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

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


Athlon Energy Effective Interest Rate on Debt % Calculation

Athlon Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2012 )+Total Debt  (A: Dec. 2013 ))/ count )
=-1  *  -26.768/( (275.844+365)/ 2 )
=-1  *  -26.768/320.422
=8.35 %

where

Total Debt  (A: Dec. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=275.844 + 0
=275.844

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=365 + 0
=365

Athlon Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2014 )+Total Debt  (Q: Sep. 2014 ))/ count )
=-1  *  -38.808/( (846.4+1075.536)/ 2 )
=-1  *  -38.808/960.968
=4.04 %

where

Total Debt  (Q: Jun. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=846.4 + 0
=846.4

Total Debt  (Q: Sep. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1075.536 + 0
=1075.536

* 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 (Sep. 2014) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Athlon Energy  (FRA:28A) Effective Interest Rate on Debt % Explanation

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

Athlon Energy Effective Interest Rate on Debt % Related Terms

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

Athlon Energy (FRA:28A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Athlon Energy Inc (FRA:28A) » Definitions » Effective Interest Rate on Debt %
Comparable Companies
NFG HKSE:00467 ZAG:INA CHK MUR EQT KAR:OGDC WPX TSX:TOU LSE:TLW TSX:VET PE BSM XTAE:DEDR ASX:BPT TSX:PSK MGY XEC CDEV PDCE
Traded in Other Exchanges
N/A
Address
Website
http://www.athlonenergy.com
Athlon Energy Inc was founded in August 2010 and formed on April 1, 2013 as a Delaware corporation. The Company is an independent exploration and production company engaged in the acquisition, development, and exploitation of unconventional oil and liquids-rich natural gas reserves in the Permian Basin. The Permian Basin spans portions of Texas and New Mexico and is composed of three primary sub-basins: the Delaware Basin, the Central Basin Platform, and the Midland Basin. All of the properties are located in the Midland Basin. The Company's drilling activity is primarily engaged in the low-risk vertical development of stacked pay zones, including the Clearfork, Spraberry, Wolfcamp, Cline, Strawn, Atoka, and Mississippian formations, referred to as the Wolfberry play, and horizontal development of the Wolfcamp. As of December 31, 2013, it had identified 2,232 gross vertical drilling locations on 40-acre spacing and an additional 2,616 gross vertical drilling locations on 20-acre spacing. Only 659 gross of these potential vertical drilling locations were booked as proved undeveloped reserves. As of December 31, 2013, it had also identified 1,065 gross horizontal drilling locations targeting Wolfcamp A, Wolfcamp B, Wolfcamp C, and Cline intervals, which comprise 327 gross, 362 gross, 136 gross, and 240 gross locations, respectively. Its acreage position was 127,840 gross acres at December 31, 2013. As of December 31, 2013, it had 127.3 MMBOE of proved reserves, comprised of 71.2 MMBbls of oil, 30.7 MMBbls of NGLs, and 152.2 Bcf of natural gas. The Company's facilities located at well locations include field gathering systems, storage tank batteries, saltwater disposal systems, oil/gas/water separation equipment, and pumping units. It owns 10 saltwater disposal systems with over 45,700 barrels of water per day capacity and access to over 144 fresh water supply wells throughout its acreage.

Athlon Energy (FRA:28A) Headlines

No Headlines