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Western Refining (Western Refining) Effective Interest Rate on Debt % : 6.33% (As of Mar. 2017)


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What is Western Refining 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. Western Refining's annualized positive value of Interest Expense for the quarter that ended in Mar. 2017 was $124 Mil. Western Refining's average total debt for the quarter that ended in Mar. 2017 was $1,953 Mil. Therefore, Western Refining's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2017 was 6.33%.


Western Refining Effective Interest Rate on Debt % Historical Data

The historical data trend for Western Refining'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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Western Refining Effective Interest Rate on Debt % Chart

Western Refining Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.38 7.76 5.61 6.11 6.23

Western Refining Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Effective Interest Rate on Debt % Get a 7-Day Free Trial 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 5.84 5.70 6.60 5.00 6.33

Competitive Comparison of Western Refining's Effective Interest Rate on Debt %

For the Oil & Gas Refining & Marketing subindustry, Western Refining'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.


Western Refining's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

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



Western Refining Effective Interest Rate on Debt % Calculation

Western Refining's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2015 )+Total Debt  (A: Dec. 2016 ))/ count )
=-1  *  -113.376/( (1703.626+1936.468)/ 2 )
=-1  *  -113.376/1820.047
=6.23 %

where

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1698.126 + 5.5
=1703.626

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1925.968 + 10.5
=1936.468

Western Refining's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2016 )+Total Debt  (Q: Mar. 2017 ))/ count )
=-1  *  -123.604/( (1936.468+1969.079)/ 2 )
=-1  *  -123.604/1952.7735
=6.33 %

where

Total Debt  (Q: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1925.968 + 10.5
=1936.468

Total Debt  (Q: Mar. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1958.579 + 10.5
=1969.079

* 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 (Mar. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Western Refining  (NYSE:WNR) Effective Interest Rate on Debt % Explanation

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


Western Refining Effective Interest Rate on Debt % Related Terms

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Western Refining (Western Refining) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Western Refining is an independent oil refiner with total crude oil throughput capacity of 240,500 barrels per day. It owns and operates three refineries in Texas, New Mexico, and Minnesota. The company also operates more than 300 retail service stations throughout the Southwest and Midwest as well as a wholesale petroleum product distributor. It holds a 65% limited partner interest in Western Refining Logistics. It is slated to be acquired by Tesoro in the first half of 2017.
Executives
Sigmund L Cornelius director C/O COLUMBIA PIPELINE GROUP, INC., 5151 SAN FELIPE, STE. 2500, HOUSTON TX 77056
David L Lamp officer: President and COO C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Scott D Weaver director C/O WESTERN REFINING, INC., 6500 TROWBRIDGE DRIVE, EL PASO TX 79905
Karen Berriman Davis officer: EVP and CFO 123 WEST MILLS AVENUE, SUITE 200, EL PASO TX 79901
Carin Marcy Barth director
Mark B Cox officer: SVP-Treasurer, Director of IR 680 LEGENDS CREST DRIVE, FRANKLIN TN 37069

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