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Aris Water Solutions (Aris Water Solutions) Effective Interest Rate on Debt % : 7.70% (As of Mar. 2024)


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What is Aris Water Solutions 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. Aris Water Solutions's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $33.8 Mil. Aris Water Solutions's average total debt for the quarter that ended in Mar. 2024 was $438.4 Mil. Therefore, Aris Water Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 7.70%.


Aris Water Solutions Effective Interest Rate on Debt % Historical Data

The historical data trend for Aris Water Solutions'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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Aris Water Solutions Effective Interest Rate on Debt % Chart

Aris Water Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
0.12 2.67 6.80 6.45 6.91

Aris Water Solutions Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.95 6.71 6.69 7.70 7.70

Competitive Comparison of Aris Water Solutions's Effective Interest Rate on Debt %

For the Utilities - Regulated Water subindustry, Aris Water Solutions'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.


Aris Water Solutions's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Aris Water Solutions's Effective Interest Rate on Debt % distribution charts can be found below:

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



Aris Water Solutions Effective Interest Rate on Debt % Calculation

Aris Water Solutions'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  *  -30.263/( (437.816+438.184)/ 2 )
=-1  *  -30.263/438
=6.91 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=436.64 + 1.176
=437.816

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=436.508 + 1.676
=438.184

Aris Water Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -33.752/( (438.184+438.611)/ 2 )
=-1  *  -33.752/438.3975
=7.70 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=436.508 + 1.676
=438.184

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=436.838 + 1.773
=438.611

* 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 (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Aris Water Solutions  (NYSE:ARIS) Effective Interest Rate on Debt % Explanation

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


Aris Water Solutions Effective Interest Rate on Debt % Related Terms

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Aris Water Solutions (Aris Water Solutions) Business Description

Traded in Other Exchanges
N/A
Address
9811 Katy Freeway, Suite 700, Houston, TX, USA, 77024
Aris Water Solutions Inc is an environmental infrastructure and solutions company that helps customers reduce their water and carbon footprints. It has two primary revenue streams. The Produced Water Handling business gathers, transports, and, unless recycled, handles produced water generated from oil and natural gas production. The Water Solutions business develops and operates recycling facilities to treat, store and recycle produced water.
Executives
Jacinto J Hernandez director 777 HIDDEN RIDGE, IRVING TX 75038
Nicholas A. Patterson officer: Chief Commercial Officer 9811 KATY FREEWAY, SUITE 700, HOUSTON TX 77024
Van Brunt David Dylan officer: Chief Operating Officer 9811 KATY FREEWAY, SUITE 700, HOUSTON TX 77024
Jeffrey K. Hunt officer: Chief Accounting Officer 9811 KATY FREEWAY, SUITE 700, HOUSTON TX 77024
Stephan E Tompsett officer: Chief Financial Officer 19100 RIDGEWOOD PARKWAY, SAN ANTONIO TX 78259
Joseph Colonnetta director 4747 GAILLARDIA PARKWAY, OKLAHOMA CITY OK 73142
Adrian Milton officer: CAO, General Counsel and Sec. 9811 KATY FREEWAY, SUITE 700, HOUSTON TX 77024
Hbc Water Resources Lp 10 percent owner 3963 MAPLE AVENUE, SUITE 450, DALLAS TX 75219
Hbc Water Resources Ii Lp 10 percent owner 3963 MAPLE AVENUE, SUITE 450, DALLAS TX 75219
Mario Max Yzaguirre director 1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248
Onocophillips 10 percent owner SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Concho Resources Inc 10 percent owner 600 W. ILLINOIS AVENUE, MIDLAND TX 79701
Cog Operating Llc 10 percent owner 600 W. ILLINOIS AVENUE, MIDLAND TX 79701
Yorktown Energy Partners Xi, L.p. 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Debra Coy director 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806