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Cal Dive International (Cal Dive International) Effective Interest Rate on Debt % : 14.78% (As of Sep. 2014)


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What is Cal Dive International 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. Cal Dive International's annualized positive value of Interest Expense for the quarter that ended in Sep. 2014 was $38.3 Mil. Cal Dive International's average total debt for the quarter that ended in Sep. 2014 was $259.0 Mil. Therefore, Cal Dive International's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 was 14.78%.


Cal Dive International Effective Interest Rate on Debt % Historical Data

The historical data trend for Cal Dive International'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.

Cal Dive International Effective Interest Rate on Debt % Chart

Cal Dive International Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.53 5.85 8.80 9.02

Cal Dive International Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 12.35 13.29 10.76 13.55 14.78

Competitive Comparison of Cal Dive International's Effective Interest Rate on Debt %

For the Oil & Gas Equipment & Services subindustry, Cal Dive International'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.


Cal Dive International's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Cal Dive International's Effective Interest Rate on Debt % falls into.



Cal Dive International Effective Interest Rate on Debt % Calculation

Cal Dive International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2013 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2012 )+Total Debt  (A: Dec. 2013 ))/ count )
=-1  *  -14.913/( (137.335+193.453)/ 2 )
=-1  *  -14.913/165.394
=9.02 %

where

Total Debt  (A: Dec. 2012 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=133.116 + 4.219
=137.335

Total Debt  (A: Dec. 2013 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=179.464 + 13.989
=193.453

Cal Dive International's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2014 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2014 )+Total Debt  (Q: Sep. 2014 ))/ count )
=-1  *  -38.284/( (247.298+270.671)/ 2 )
=-1  *  -38.284/258.9845
=14.78 %

where

Total Debt  (Q: Jun. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 247.298
=247.298

Total Debt  (Q: Sep. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0 + 270.671
=270.671

* 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 (Sep. 2014) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Cal Dive International  (OTCPK:CDVIQ) Effective Interest Rate on Debt % Explanation

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


Cal Dive International Effective Interest Rate on Debt % Related Terms

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Cal Dive International (Cal Dive International) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2500 CityWest Boulevard, Suite 2200, Houston, TX, USA, 77042
Cal Dive International Inc is a marine contracting company. It provides manned diving, pipelay and pipe burial, platform installation and salvage and light well intervention services to offshore oil and natural gas industry. The company operates in Gulf of Mexico, Outer continental shelf, northeastern U.S., Latin America, Southeast Asia, China, Australia, West Africa, the Middle East and Europe. It also owns diversified fleet of vessels including surface and saturation dive support vessels and construction barges. The firm generates majority of the revenues from the United States.
Executives
Lisa Manget Buchanan officer: EVP & General Counsel 2500 CITYWEST BOULEVARD SUITE 2200 HOUSTON TX 77042
Patteson Donald Douglas Jr director 1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Brent D. Smith officer: Chief Financial Officer 2500 CITYWEST BOULEVARD, SUITE 2200, HOUSTON TX 77042
John T Mills director MARATHON OIL CORP, 5555 SAN FELIPE ROAD, HOUSTON TX 77056
Todd A Dittmann director C/O ANGELO, GORDON & CO., L.P., 712 MAIN STREET, SUITE 1300, HOUSTON TX 77002
William L Transier director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Owen E Kratz director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Bruce Koch officer: Chief Financial Officer NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200, HOUSTON TX 77067
Martin R Ferron director 30 CHAMPIONS BLVD, HOUSTON TX 77069