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Battalion Oil (Battalion Oil) Effective Interest Rate on Debt % : 17.91% (As of Dec. 2023)


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What is Battalion Oil 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. Battalion Oil's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $36.3 Mil. Battalion Oil's average total debt for the quarter that ended in Dec. 2023 was $202.7 Mil. Therefore, Battalion Oil's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 17.91%.


Battalion Oil Effective Interest Rate on Debt % Historical Data

The historical data trend for Battalion Oil'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.

Battalion Oil Effective Interest Rate on Debt % Chart

Battalion Oil 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 10.02 4.09 4.50 11.38 15.72

Battalion Oil 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 19.00 13.88 17.45 13.14 17.91

Competitive Comparison of Battalion Oil's Effective Interest Rate on Debt %

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


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

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

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



Battalion Oil Effective Interest Rate on Debt % Calculation

Battalion Oil'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  *  -33.319/( (226.1+197.884)/ 2 )
=-1  *  -33.319/211.992
=15.72 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=182.676 + 43.424
=226.1

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=140.766 + 57.118
=197.884

Battalion Oil'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  *  -36.296/( (207.529+197.884)/ 2 )
=-1  *  -36.296/202.7065
=17.91 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=153.851 + 53.678
=207.529

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=140.766 + 57.118
=197.884

* 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.


Battalion Oil  (AMEX:BATL) Effective Interest Rate on Debt % Explanation

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


Battalion Oil Effective Interest Rate on Debt % Related Terms

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Battalion Oil (Battalion Oil) Business Description

Industry
Traded in Other Exchanges
Address
3505 West Sam Houston Parkway North, Suite 300, Houston, TX, USA, 77043
Battalion Oil Corp is an independent oil and gas producer operating exclusively in the Delaware Basin. It is an independent energy company focused on the acquisition, production, exploration, and development of onshore liquids-rich oil and natural gas assets in the United States. The company operates in one segment which focuses on oil and natural gas acquisition, production, exploration, and development.
Executives
Ajay Jegadeesan director 3505 WEST SAM HOUSTON PARKWAY N, HOUSTON TX 77043
Matthew Steele officer: CEO 3505 WEST SAM HOUSTON PARKWAY N, STE 300, HOUSTON TX 77043
Oaktree Capital Group Holdings Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Brookfield Asset Management Inc. 10 percent owner BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Gen Iv Investment Opportunities, Llc 10 percent owner 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Lsp Investment Advisors, Llc 10 percent owner 1700 BROADWAY, FL. 35, NEW YORK NY 10019
Lsp Generation Iv, Llc 10 percent owner 1700 BROADWAY, FLOOR 35, NEW YORK X1 10019
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Kristen Mcwatters officer: EVP, CFO & Treasurer 801 LOUISIANA, SUITE 700, HOUSTON TX 77002
Richard Kevin Andrews officer: EVP, CFO and Treasurer 1000 LOUISIANA ST, SUITE 6600, HOUSTON TX 77002
Richard H Little officer: Chief Executive Officer 1000 LOUISIANA STREET, SUITE 1500, HOUSTON TX 77002
Daniel P Rohling officer: Chief Operating Officer 1000 LOUISIANA ST, SUITE 6600, HOUSTON TX 77002
William D Rogers director P O BOX 30150, RENO NV 89520
Leah R. Kasparek officer: VP, Human Resources 1000 LOUISIANA STREEET, SUITE 6700, HOUSTON TX 77002
Gregory S. Hinds director 1875 LAWRENCE STREET, SUITE 200, DENVER CO 80202

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