Delek Group (Delek Group) Effective Interest Rate on Debt % : -6.60% (As of Dec. 2023)

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What is Delek Group 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. Delek Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $-258 Mil. Delek Group's average total debt for the quarter that ended in Dec. 2023 was $3,913 Mil. Therefore, Delek Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was -6.60%.

Delek Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Delek Group'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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Delek Group Effective Interest Rate on Debt % Chart

Delek Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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4.47

8.75

9.54

8.35

8.81

Delek Group 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															0.12	13.07	13.13	16.09	-6.60

Competitive Comparison of Delek Group's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Delek Group'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.

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

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

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

Delek Group Effective Interest Rate on Debt % Calculation

Delek Group'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 * -362.523	/	( (4425.349	+	3808.457)	/ 2 )
=	-1 * -362.523	/	4116.903
=	8.81 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3632.839	+	792.51
=	4425.349

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3518.911	+	289.546
=	3808.457

Delek Group'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 * 258.308	/	( (4017.675	+	3808.457)	/ 2 )
=	-1 * 258.308	/	3913.066
=	-6.60 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3571.15	+	446.525
=	4017.675

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3518.911	+	289.546
=	3808.457

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.

Delek Group (OTCPK:DGRLY) Effective Interest Rate on Debt % Explanation

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

Delek Group Effective Interest Rate on Debt % Related Terms

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Delek Group (Delek Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Delek Group Ltd (OTCPK:DGRLY) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

DELKY:USA DLKGF:USA DLEKG:Israel 6D40:Germany

Address

19 Abba Eban Boulevard, P.O. Box 2054, Herzliya, ISR, 4612001

Website

https://www.delek-group.com

Delek Group Ltd operates in the oil and natural gas exploration, development, production and marketing sector in Israel and abroad. through investees. The operating segments of the company are, 1) Energy in Israel segment includes the development, production and sale of natural gas in the existing oil assets of the Partnership, and oil and natural gas exploration in the Mediterranean Sea, 2) the Foreign energy segment includes projects of the UK continental shelf in the North sea region through Ithaca Energy plc which is controlled indirectly by the company and 3) additional operations. The company operates primarily in Israel and North Sea region.