GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Camber Energy Inc (AMEX:CEI) » Definitions » Effective Interest Rate on Debt %

Camber Energy (Camber Energy) Effective Interest Rate on Debt %

: 12.41% (As of Dec. 2023)
View and export this data going back to . Start your Free Trial

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. Camber Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $5.95 Mil. Camber Energy's average total debt for the quarter that ended in Dec. 2023 was $47.94 Mil. Therefore, Camber Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 12.41%.


Camber Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Camber 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.

Camber Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.12 24.96 21.20 5.13 10.53

Camber Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Effective Interest Rate on Debt % 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 Premium Member Only Premium Member Only Premium Member Only 4.53 4.79 5.96 14.61 12.41

Competitive Comparison

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


Camber Energy Effective Interest Rate on Debt % Distribution

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

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



Camber Energy Effective Interest Rate on Debt % Calculation

Camber 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  *  -3.12/( (11.004+48.273)/ 2 )
=-1  *  -3.12/29.6385
=10.53 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=5.894 + 5.11
=11.004

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=43.139 + 5.134
=48.273

Camber 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  *  -5.952/( (47.615+48.273)/ 2 )
=-1  *  -5.952/47.944
=12.41 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=41.69 + 5.925
=47.615

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=43.139 + 5.134
=48.273

* 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.


Camber Energy  (AMEX:CEI) Effective Interest Rate on Debt % Explanation

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


Camber Energy Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Camber Energy's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Camber Energy (Camber Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Camber Energy Inc (AMEX:CEI) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
15915 Katy Freeway, Suite 450, Houston, TX, USA, 77094
Camber Energy Inc Formerly Viking Energy Group Inc is an independent exploration and production company. The company is engaged in the acquisition, exploration, development, and production of oil and natural gas properties. Its properties are located in Miami and Franklin Counties in eastern Kansas, Missouri, Texas, Louisiana, Mississippi, and Alberta. The company generates revenue from oil and gas sales.
Executives
James G Miller director P.O. BOX 14144, PARKVILLE MO 64152
John F Mcvicar officer: Chief Financial Officer 15915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Barker Frank W. Jr. officer: Chief Financial Officer 115915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Robert K Green director P O BOX 13287, KANSAS CITY MO 64199
James Andrew Doris director, officer: CEO & President 15915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Troy Andrew Caruso 10 percent owner 10 COLONIAL DRIVE, SMITHTOWN NY 11787
Louis G Schott officer: Interim CEO 4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
Donnie Baker Seay director 105 NADINE RD., SAN ANTONIO TX 78209
Robert W Schleizer officer: Interim CFO
Kenneth Ray Sanders officer: Chief Operating Officer 2706 KINGS FOREST DR., KINGWOOD TX 77339
Paul Anthony Pinkston officer: Chief Accounting Officer 450 GEARS ROAD, SUITE 860, HOUSTON TX 77067
Mpii, Inc. officer: President PO BOX 14000, SAN ANTONIO TX 78214
Robert D. Tips director 1700 S.E. MILITARY DRIVE, SAN ANTONIO TX 78214
R.d. Tips, Inc. officer: President 1700 S.E. MILITARY DRIVE, SAN ANTONIO TX 78214
Rad2 Minerals, Ltd 10 percent owner PO BOX 6172, SAN ANTONIO TX 78209