PetroTX LP (XTAE:PTX) Effective Interest Rate on Debt % : 16.51% (As of Mar. 2025)

View and export this data going back to 2008. Start your Free Trial

What is PetroTX 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. PetroTX LP's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₪3.02 Mil. PetroTX LP's average total debt for the quarter that ended in Mar. 2025 was ₪18.32 Mil. Therefore, PetroTX LP's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 16.51%.

PetroTX LP Effective Interest Rate on Debt % Historical Data

The historical data trend for PetroTX 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.

* Premium members only.

PetroTX LP Effective Interest Rate on Debt % Chart

PetroTX LP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

13.03

10.33

10.08

10.02

15.85

PetroTX LP Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															10.62	21.77	17.79	12.95	16.51

Competitive Comparison of PetroTX LP's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, PetroTX 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.

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

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

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

Save Embed

;

Save Embed

;

PetroTX LP Effective Interest Rate on Debt % Calculation

PetroTX LP'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 * -3.073	/	( (18.852	+	19.934)	/ 2 )
=	-1 * -3.073	/	19.393
=	15.85 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	18.852	+	0
=	18.852

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16.542	+	3.392
=	19.934

PetroTX LP's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -3.024	/	( (19.934	+	16.699)	/ 2 )
=	-1 * -3.024	/	18.3165
=	16.51 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16.542	+	3.392
=	19.934

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13.307	+	3.392
=	16.699

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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

PetroTX LP (XTAE:PTX) Effective Interest Rate on Debt % Explanation

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

PetroTX LP Effective Interest Rate on Debt % Related Terms

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

PetroTX LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroTX LP (XTAE:PTX) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Menachem Begin 144/A, Midtown Tower, Tel Aviv, ISR, 6492124

Website

https://www.petrotxlp.com

PetroTX LP is engaged in oil and gas investments. The company develops an investment portfolio through the acquisitions of oil and gas producing properties in the United States. It also seeks for expansion through additional drilling or completion activities. Its properties portfolio consists of assets in the states of Texas and Mississippi.

PetroTX LP Headlines

No Headlines