GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Antero Resources Corp (NYSE:AR) » Definitions » Effective Interest Rate on Debt %

Antero Resources (Antero Resources) Effective Interest Rate on Debt %

: 2.82% (As of Dec. 2023)
View and export this data going back to 2013. 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. Antero Resources's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $130 Mil. Antero Resources's average total debt for the quarter that ended in Dec. 2023 was $4,623 Mil. Therefore, Antero Resources's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 2.82%.


Antero Resources Effective Interest Rate on Debt % Historical Data

The historical data trend for Antero Resources'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.

Antero Resources 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 3.77 3.26 3.26 2.46 2.58

Antero Resources 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 % 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 2.15 2.20 2.36 2.66 2.82

Competitive Comparison

For the Oil & Gas E&P subindustry, Antero Resources'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.


Antero Resources Effective Interest Rate on Debt % Distribution

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

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



Antero Resources Effective Interest Rate on Debt % Calculation

Antero Resources'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  *  -117.87/( (4629.966+4506.106)/ 2 )
=-1  *  -117.87/4568.036
=2.58 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4073.33 + 556.636
=4629.966

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3966.046 + 540.06
=4506.106

Antero Resources'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  *  -130.432/( (4739.255+4506.106)/ 2 )
=-1  *  -130.432/4622.6805
=2.82 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4188.218 + 551.037
=4739.255

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3966.046 + 540.06
=4506.106

* 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.


Antero Resources  (NYSE:AR) Effective Interest Rate on Debt % Explanation

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


Antero Resources Effective Interest Rate on Debt % Related Terms

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


Antero Resources (Antero Resources) Business Description

Industry
Traded in Other Exchanges
Address
1615 Wynkoop Street, Denver, CO, USA, 80202
Antero Resources, based in Denver, engages in the exploration for and production of natural gas and natural gas liquids in the United States and Canada. At the end of 2022, the company reported proven reserves of 17.8 trillion cubic feet of natural gas equivalent. Production averaged approximately 3,205 million cubic feet of equivalent a day in 2022 at a ratio of 32% liquids and 68% natural gas.
Executives
Sheri Pearce officer: See Remarks 1615 WYNKOOP ST., DENVER CO 80202
Michael N. Kennedy officer: Senior Vice President Finance 707 - 17TH STREET, SUITE 3600, DENVER CO 80202
Keenan W Howard Jr director 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Robert J Clark director 1401 17TH STREET, SUITE 1200, DENVER CO 80202
W Patrick Ash officer: See Remarks 400 N. SAM HOUSTON PARKWAY E. SUITE 1200, HOUSTON TX 77060
Yvette K Schultz officer: See Remarks. 1615 WYNKOOP STREET, DENVER CO 80202
Brenda R Schroer director 600 W. ILLINOIS AVENUE, ONE CONCHO CENTER, MIDLAND TX 79701
Jacqueline C Mutschler director 2000 ST. JAMES PLACE, HOUSTON TX 77056
Vicky Sutil director 10889 WILSHIRE BLVD., LOS ANGELES CA 90024
Tyree Thomas B Jr director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Warburg Pincus Llc 10 percent owner 450 LEXINGTON AVENUE, NEW YORK NY 10017
James R. Levy director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Warburg Pincus Private Equity X O&g, L.p. director, 10 percent owner C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Peter Kagan director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Paul M Rady director, officer: See Remarks 1625 17TH STREET, DENVER CO 80202

Antero Resources (Antero Resources) Headlines