What is Atmos 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. Atmos Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $208 Mil. Atmos Energy's average total debt for the quarter that ended in Dec. 2023 was $7,289 Mil. Therefore, Atmos Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.85%.
Atmos Energy Effective Interest Rate on Debt % Historical Data
The historical data trend for Atmos 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.
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Atmos Energy Effective Interest Rate on Debt % Chart
Competitive Comparison of Atmos Energy's Effective Interest Rate on Debt %
For the Utilities - Regulated Gas subindustry, Atmos 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.
Atmos Energy's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Atmos Energy's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Atmos Energy's Effective Interest Rate on Debt % falls into.
Atmos Energy Effective Interest Rate on Debt % Calculation
Atmos Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
Atmos Energy (NYSE:ATO) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Atmos Energy Effective Interest Rate on Debt % Related Terms
Thank you for viewing the detailed overview of Atmos Energy's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Atmos Energy is the largest publicly traded, fully regulated, pure-play natural gas utility in the United States, serving more than 3 million customers in Texas, Colorado, Kansas, Kentucky, Louisiana, Mississippi, Tennessee, and Virginia. About two thirds of its earnings come from Texas, where it distributes natural gas in northern Texas and owns an intrastate gas pipeline spanning several key shale gas formations and interconnected with five storage facilities.
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