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Inpex (IPXHY) Effective Interest Rate on Debt % : 4.75% (As of Dec. 2023)


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What is Inpex 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. Inpex's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $388 Mil. Inpex's average total debt for the quarter that ended in Dec. 2023 was $8,154 Mil. Therefore, Inpex's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.75%.


Inpex Effective Interest Rate on Debt % Historical Data

The historical data trend for Inpex'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.

Inpex Effective Interest Rate on Debt % Chart

Inpex Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 1.66 1.08 2.43 4.64

Inpex 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 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 3.78 4.45 4.43 4.22 4.75

Competitive Comparison of Inpex's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Inpex'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.


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

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

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



Inpex Effective Interest Rate on Debt % Calculation

Inpex'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  *  -388.814/( (9415.179+7341.096)/ 2 )
=-1  *  -388.814/8378.1375
=4.64 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8852.765 + 562.414
=9415.179

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6222.487 + 1118.609
=7341.096

Inpex'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  *  -387.688/( (8966.573+7341.096)/ 2 )
=-1  *  -387.688/8153.8345
=4.75 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6523.805 + 2442.768
=8966.573

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6222.487 + 1118.609
=7341.096

* 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.


Inpex  (OTCPK:IPXHY) Effective Interest Rate on Debt % Explanation

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


Inpex Effective Interest Rate on Debt % Related Terms

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Inpex (IPXHY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Inpex Corp (OTCPK:IPXHY) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6332
Inpex Corp engages in research, exploration, development, production, and sale of oil, natural gas, and other mineral resources. The company is engaged in a multitude of projects spanning the globe. Exploration services are carried through terrestrial geological surveys and geophysical surveys conducted through satellite images and seismic waves. Exploration wells are used to confirm the presence of hydrocarbon products; appraisal follows shortly after. In addition to utilizing production wells, Inpex has gas processing facilities and a transport pipeline for production and shipping. The company also conducts refining/treatment to create products from the oil and natural gas. Marketing and sales are an additional function of the activities performed at Inpex.

Inpex (IPXHY) Headlines

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