Northern Tier Energy LP (Northern Tier Energy LP) Effective Interest Rate on Debt % : 3.57% (As of Mar. 2016)

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What is Northern Tier Energy LP 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. Northern Tier Energy LP's annualized positive value of Interest Expense for the quarter that ended in Mar. 2016 was $26 Mil. Northern Tier Energy LP's average total debt for the quarter that ended in Mar. 2016 was $729 Mil. Therefore, Northern Tier Energy LP's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2016 was 3.57%.

Northern Tier Energy LP Effective Interest Rate on Debt % Historical Data

The historical data trend for Northern Tier Energy LP'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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Northern Tier Energy LP Effective Interest Rate on Debt % Chart

Northern Tier Energy LP Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Effective Interest Rate on Debt %

13.95

14.44

9.51

8.42

5.44

Northern Tier Energy LP Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															8.44	8.30	8.32	4.65	3.57

Competitive Comparison of Northern Tier Energy LP's Effective Interest Rate on Debt %

For the Oil & Gas Refining & Marketing subindustry, Northern Tier Energy LP'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.

Northern Tier Energy LP's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

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

Northern Tier Energy LP Effective Interest Rate on Debt % Calculation

Northern Tier Energy LP's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2015 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2014 )	+	Total Debt (A: Dec. 2015 ))	/ count )
=	-1 * -28.7	/	( (348.7	+	706.2)	/ 2 )
=	-1 * -28.7	/	527.45
=	5.44 %

where

	Total Debt (A: Dec. 2014 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	348.7	+	0
=	348.7

	Total Debt (A: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	353.1	+	353.1
=	706.2

Northern Tier Energy LP's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2016 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2015 )	+	Total Debt (Q: Mar. 2016 ))	/ count )
=	-1 * -26	/	( (706.2	+	752.4)	/ 2 )
=	-1 * -26	/	729.3
=	3.57 %

where

	Total Debt (Q: Dec. 2015 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	353.1	+	353.1
=	706.2

	Total Debt (Q: Mar. 2016 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	376.2	+	376.2
=	752.4

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. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Northern Tier Energy LP (NYSE:NTI) Effective Interest Rate on Debt % Explanation

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

Northern Tier Energy LP Effective Interest Rate on Debt % Related Terms

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Northern Tier Energy LP (Northern Tier Energy LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Northern Tier Energy LP (NYSE:NTI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.ntenergy.com

Northern Tier Energy LP was incorporated on October 21, 2011. Its an independent downstream energy limited partnership with refining, retail and pipeline operations that serves the PADD II region of the United States. The Company operate its assets in two business segments: the refining business and the retail business. Its refining segment consists of an 89,500 barrels per calendar day (96,500 barrels per stream day) refinery located in St. Paul Park, Minnesota. Its refinery's complexity allows to process a variety of light, heavy, sweet and sour crudes into higher value refined products. Its retail segment operated 164 convenience stores under the SuperAmerica brand and also supported 75 franchised convenience stores, which are also operated under the SuperAmerica brand. These convenience stores are located in Minnesota and Wisconsin and sell various grades of gasoline and diesel, tobacco products and immediately consumable items such as beverages, prepared food and a large variety of snacks and prepackaged items. It also own and operate SuperMom's Bakery, which prepares and distributes baked goods and other prepared food items for sale in its company-operated and franchised convenience stores and other third party locations. Crude oil is the principal raw material for the Company and the majority of the crude oil processed is delivered to the refinery through a pipeline that is owned by MPL, a related party. With respect to its wholesale gasoline and distillate sales and marketing, it compete directly with Koch Industries' Flint Hills Resources Refinery in Pine Bend, Minnesota, as well as the other refiners in the PADD II region and, to a lesser extent, U.S. and foreign refiners. Its retail competitors include Holiday and Kwik Trip.

Executives

David L Lamp	director, officer: President and CEO	C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Thomas W Hofmann	director	FIVE RADNOR CORPORATE CENTER, SUITE 500, RADNOR PA 19087
Scott D Weaver	director	C/O WESTERN REFINING, INC., 6500 TROWBRIDGE DRIVE, EL PASO TX 79905
Melissa M Buhrig	officer: Exec VP, General Counsel & Sec	C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Dan F Smith	director	1221 MCKINNEY STREET, SUITE 700, HOUSTON TX 77010
Western Refining, Inc.	director, 10 percent owner	539 SOUTH MAIN STREET, FINDLAY OH 45840-3229
Karen Berriman Davis	officer: Executive VP and CFO	123 WEST MILLS AVENUE, SUITE 200, EL PASO TX 79901
Scott D Josey	director	ONE BRIARLAKE PLAZA, SUITE 2000, 2000 WEST SAM HOUSTON PARKWAY SOUTH, HOUSTON TX 77042
David Bonderman	other: Former 10% Owner and Director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
James G Coulter	other: Former 10% Owner and Director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Bernard W Aronson	director
Tpg Advisors Vi, Inc.	other: Former 10% Owner and Director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Group Holdings (sbs) Advisors, Inc.	director, 10 percent owner	C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Michael G. Macdougall	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Eric Liaw	director	C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102

Northern Tier Energy LP (Northern Tier Energy LP) Headlines

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