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Oil States International (Oil States International) Effective Interest Rate on Debt %

: 7.92% (As of Dec. 2023)
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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. Oil States International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $12.8 Mil. Oil States International's average total debt for the quarter that ended in Dec. 2023 was $161.3 Mil. Therefore, Oil States International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.92%.


Oil States International Effective Interest Rate on Debt % Historical Data

The historical data trend for Oil States International'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.

Oil States International 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 5.74 5.56 4.81 5.44 5.61

Oil States International 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 5.79 5.53 5.01 4.76 7.92

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Oil States International'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.


Oil States International Effective Interest Rate on Debt % Distribution

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

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



Oil States International Effective Interest Rate on Debt % Calculation

Oil States International'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  *  -9.57/( (179.697+161.355)/ 2 )
=-1  *  -9.57/170.526
=5.61 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=155.724 + 23.973
=179.697

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=153.848 + 7.507
=161.355

Oil States International'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  *  -12.768/( (161.255+161.355)/ 2 )
=-1  *  -12.768/161.305
=7.92 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=154.205 + 7.05
=161.255

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=153.848 + 7.507
=161.355

* 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.


Oil States International  (NYSE:OIS) Effective Interest Rate on Debt % Explanation

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


Oil States International Effective Interest Rate on Debt % Related Terms

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Oil States International (Oil States International) Business Description

Industry
Traded in Other Exchanges
Address
Three Allen Center, 333 Clay Street, Suite 4620, Houston, TX, USA, 77002
Oil States International Inc is a provider of manufactured products and services to the energy, industrial and military sectors. Manufactured products include engineered capital equipment as well as products consumed in the drilling, well construction and production of oil and natural gas. The company sells its products and services to national oil and natural gas companies, oil and natural gas companies, onshore and offshore drilling companies and other oilfield services, defense and industrial companies. The company operates through three business segments, Offshore/Manufactured Products, Well Site Services and Downhole Technologies.
Executives
Philip Scott Moses officer: Executive VP,Offshore Products 333 CLAY STREET, SUITE 4620, HOUSTON TX 77002
Denise Castillo-rhodes director 8847 W. SAM HOUSTON PKWY. NORTH, SUITE 200, HOUSTON TX 77040
Christopher E Cragg officer: Vice President Tubular Service
Christopher T Seaver director 3300 NORTH SAM HOUSTON PKWY EAST, HOUSTON TX 77032-3411
Cindy B Taylor officer: SVP and CFO
Brian E. Taylor officer: VP, Controller & CAO P.O. BOX 60068, HOUSTON TX 77205-0068
Lias Jeff Steen officer: Vice President, HR & Legal 333 CLAY STREET, SUITE 4620, HOUSTON TX 77002
Van Kleef William T director
Hallie A. Vanderhider director 600 TRAVIS STREET, SUITE 3250, HOUSTON TX 77002
Darrell E Hollek director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
E Joseph Wright director 550 WEST TEXAS AVENUE, SUITE 1300, MIDLAND TX 79701
Robert L Potter director
Lawrence R Dickerson director 15415 KATY FREEWAY STE 100, HOUSTON TX 77094
B.v. Geodynamics 10 percent owner C/O LIME ROCK MANAGEMENT, 274 RIVERSIDE AVENUE, SUITE 3, WESTPORT CT 06880
Lloyd A Hajdik officer: Executive VP, CFO & Treasurer 333 CLAY STREET, SUITE 4620, HOUSTON TX 77002

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