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Oil and Gas Exploration and Production AD (XBUL:NGAZ) Effective Interest Rate on Debt % : 93.83% (As of Dec. 2024)


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What is Oil and Gas Exploration and Production AD 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. Oil and Gas Exploration and Production AD's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was лв0.53 Mil. Oil and Gas Exploration and Production AD's average total debt for the quarter that ended in Dec. 2024 was лв0.56 Mil. Therefore, Oil and Gas Exploration and Production AD's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 93.83%.


Oil and Gas Exploration and Production AD Effective Interest Rate on Debt % Historical Data

The historical data trend for Oil and Gas Exploration and Production AD'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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Oil and Gas Exploration and Production AD Effective Interest Rate on Debt % Chart

Oil and Gas Exploration and Production AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.26 19.37 39.45 69.54 93.83

Oil and Gas Exploration and Production AD Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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 14.26 19.37 39.45 69.54 93.83

Competitive Comparison of Oil and Gas Exploration and Production AD's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Oil and Gas Exploration and Production AD'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 and Gas Exploration and Production AD's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Oil and Gas Exploration and Production AD's Effective Interest Rate on Debt % falls into.


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Oil and Gas Exploration and Production AD Effective Interest Rate on Debt % Calculation

Oil and Gas Exploration and Production AD's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -0.525/( (0.611+0.508)/ 2 )
=-1  *  -0.525/0.5595
=93.83 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.439 + 0.172
=0.611

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.374 + 0.134
=0.508

Oil and Gas Exploration and Production AD's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -0.525/( (0.611+0.508)/ 2 )
=-1  *  -0.525/0.5595
=93.83 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.439 + 0.172
=0.611

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.374 + 0.134
=0.508

* 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 one times the annual (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Oil and Gas Exploration and Production AD  (XBUL:NGAZ) Effective Interest Rate on Debt % Explanation

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


Oil and Gas Exploration and Production AD Effective Interest Rate on Debt % Related Terms

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Oil and Gas Exploration and Production AD Business Description

Traded in Other Exchanges
N/A
Address
2, Stefan Karadja Street, Sofia, BGR, 1080
Oil and Gas Exploration and Production AD is engaged in prospecting, exploration, development and exploitation of oil and gas fields, as well as processing of crude oil. Some of the services provided by the company - design and conducting of 2D and 3D seismic data acquisition, geological and geophysical data processing and interpretation, mud logging, drilling of exploration and production wells for mineralized water and geothermal energy, well logging, among others.

Oil and Gas Exploration and Production AD Headlines

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