Rompetrol Well Services (BSE:PTR) Effective Interest Rate on Debt % : 6.31% (As of Sep. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Rompetrol Well Services 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. Rompetrol Well Services's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was lei0.45 Mil. Rompetrol Well Services's average total debt for the quarter that ended in Sep. 2024 was lei7.16 Mil. Therefore, Rompetrol Well Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 6.31%.

Rompetrol Well Services Effective Interest Rate on Debt % Historical Data

The historical data trend for Rompetrol Well Services'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.

Rompetrol Well Services Effective Interest Rate on Debt % Chart

Rompetrol Well Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

3.69

3.79

2.65

33.69

14.39

Rompetrol Well Services Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															6.46	43.18	6.56	6.55	6.31

Competitive Comparison of Rompetrol Well Services's Effective Interest Rate on Debt %

For the Oil & Gas Equipment & Services subindustry, Rompetrol Well Services'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.

Rompetrol Well Services's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Rompetrol Well Services's Effective Interest Rate on Debt % falls into.

Save Embed

;

Save Embed

;

Rompetrol Well Services Effective Interest Rate on Debt % Calculation

Rompetrol Well Services'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 * -1.444	/	( (11.268	+	8.806)	/ 2 )
=	-1 * -1.444	/	10.037
=	14.39 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.646	+	2.622
=	11.268

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.173	+	2.633
=	8.806

Rompetrol Well Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -0.452	/	( (7.496	+	6.829)	/ 2 )
=	-1 * -0.452	/	7.1625
=	6.31 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.9	+	2.596
=	7.496

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4.254	+	2.575
=	6.829

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

Rompetrol Well Services (BSE:PTR) Effective Interest Rate on Debt % Explanation

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

Rompetrol Well Services Effective Interest Rate on Debt % Related Terms

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

Rompetrol Well Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rompetrol Well Services SA (BSE:PTR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Clopotei Street, No. 2 bis, Ploiesti, ROU, 100189

Website

https://rompetrolwellservices.kmginternational.com

Rompetrol Well Services SA is a Romania-based company engaged in the supply of services for oil and gas wells, rental of well tools and equipment and other services. It offers a wide range of specialized services for crude oil and natural gas wells including cementing, sand control, stimulations, slick-line, nitrogen services, tubular running operations, and rentals of equipment and tools. Geographically the company caters its services to both the domestic and foreign markets.

Rompetrol Well Services Headlines

No Headlines