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Kosmos Energy (Kosmos Energy) Effective Interest Rate on Debt % : 4.20% (As of Dec. 2023)


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What is Kosmos 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. Kosmos Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $100 Mil. Kosmos Energy's average total debt for the quarter that ended in Dec. 2023 was $2,390 Mil. Therefore, Kosmos Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.20%.


Kosmos Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Kosmos 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.

Kosmos Energy Effective Interest Rate on Debt % Chart

Kosmos Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.04 4.97 4.73 5.08 4.50

Kosmos Energy 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 5.22 4.76 4.58 4.49 4.20

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

For the Oil & Gas E&P subindustry, Kosmos 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.


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

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

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



Kosmos Energy Effective Interest Rate on Debt % Calculation

Kosmos Energy'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  *  -103.936/( (2225.911+2390.914)/ 2 )
=-1  *  -103.936/2308.4125
=4.50 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2195.911 + 30
=2225.911

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2390.914 + 0
=2390.914

Kosmos Energy'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  *  -100.356/( (2389.197+2390.914)/ 2 )
=-1  *  -100.356/2390.0555
=4.20 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2389.197 + 0
=2389.197

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2390.914 + 0
=2390.914

* 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.


Kosmos Energy  (NYSE:KOS) Effective Interest Rate on Debt % Explanation

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


Kosmos Energy Effective Interest Rate on Debt % Related Terms

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Kosmos Energy (Kosmos Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kosmos Energy Ltd (NYSE:KOS) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
C/O Kosmos Energy LLC, 8176 Park Lane, Suite 500, Dallas, TX, USA, 75231
Kosmos Energy Ltd is an independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. The company focuses on field developments designed to accelerate production. Kosmos' exploration is tied to a geologically based approach geared toward the identification of petroleum systems. Its process starts with geologic studies that assess a region's subsurface but also incorporates basin modeling as well as techniques to identify reservoir/seal pair development and trap definition. In addition, a 3D seismic analysis is done to identify prospective traps of interest. In tandem with the subsurface analysis, a country-specific analysis is done to get an understanding of above-ground dynamics before targeting specific licenses.
Executives
Roy A. Franklin director 8176 PARK LANE, SUITE 500, DALLAS TX 75231
Deanna L Goodwin director 11911 FM 529, HOUSTON TX 77041
Grant John Douglas Kelso director 8176 PARK LANE, SUITE 500, DALLAS TX 75231
Hanssen Maria Moraeus director 5599 SAN FELIPE, 17TH FL, HOUSTON TX 77056
J Michael Stice director 525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105
Dearlove Sir Richard Billing director C/O KOSMOS ENERGY LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Nealesh D. Shah officer: SVP and CFO C/O KOSMOS ENERGY, LLC, 8176 PARK LANE, SUITE 500, DALLAS TX 75231
Ronald W. Glass officer: VP & Chief Accounting Officer C/O DAVIS POLK & WARDWELL LLP, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Richard Ryan Clark officer: SVP, President Gulf of Mexico 501 WHITE WING LANE, HOUSTON TX 77079
Andrew G Inglis director, officer: Director and CEO C/O KOSMOS ENERGY, LLC, 8176 PARK LANE, SUITE 500, DALLAS TX 75231
Steven Sterin director 19100 RIDGEWOOD PARKWAY, SAN ANTONIO TX 78259
Lisa Ann Davis director 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Warburg Pincus & Co. director, 10 percent owner 450 LEXINGTON AVENUE, NEW YORK, NY NY 100173147
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bcp Iv Gp L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154