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Tenaz Energy (Tenaz Energy) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is Tenaz Energy 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. Tenaz Energy's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.00 Mil. Tenaz Energy's average total debt for the quarter that ended in Mar. 2024 was $0.18 Mil. Therefore, Tenaz Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.

Tenaz Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Tenaz Energy'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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Tenaz Energy Effective Interest Rate on Debt % Chart

Tenaz Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.01 13.31 13.34 0.91 -

Tenaz Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 22.07 -146.30 - - -

Competitive Comparison of Tenaz Energy's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Tenaz Energy'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.

Tenaz Energy's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

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


Tenaz Energy Effective Interest Rate on Debt % Calculation

Tenaz Energy'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  *  0/( (15.905+0.182)/ 2 )
=-1  *  0/8.0435
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.043 + 15.862
=15.905

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.182 + 0
=0.182

Tenaz Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  0/( (0.182+0.184)/ 2 )
=-1  *  0/0.183
=0.00 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.182 + 0
=0.182

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.184 + 0
=0.184

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

Tenaz Energy  (OTCPK:ATUUF) Effective Interest Rate on Debt % Explanation

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

Tenaz Energy Effective Interest Rate on Debt % Related Terms

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Tenaz Energy (Tenaz Energy) Business Description

Industry
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Address
605 - 5th Avenue South West, Suite 2500, Calgary, AB, CAN, T2P 3H5
Website
https://www.tenazenergy.com
Tenaz Energy Corp is engaged as an energy company focused on the acquisition and sustainable development of international oil and gas assets capable of returning free cash flow to shareholders. It has two operating segments Canadian business unit and the Netherlands business unit, and it derives revenue from the sale of petroleum and natural gas products such as heavy crude oil, light crude and medium crude oil, natural gas, and natural gas liquids of which key revenue is derived from the sale of heavy crude oil.