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DKL (Delek Logistics Partners LP) Effective Interest Rate on Debt % : 8.10% (As of Dec. 2024)


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What is Delek Logistics Partners 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. Delek Logistics Partners LP's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $153.7 Mil. Delek Logistics Partners LP's average total debt for the quarter that ended in Dec. 2024 was $1,896.1 Mil. Therefore, Delek Logistics Partners LP's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 8.10%.


Delek Logistics Partners LP Effective Interest Rate on Debt % Historical Data

The historical data trend for Delek Logistics Partners 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.

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Delek Logistics Partners LP Effective Interest Rate on Debt % Chart

Delek Logistics Partners 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 Premium Member Only Premium Member Only 4.63 5.19 6.33 8.42 8.37

Delek Logistics Partners LP Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.89 9.65 8.83 8.50 8.10

Competitive Comparison of Delek Logistics Partners LP's Effective Interest Rate on Debt %

For the Oil & Gas Refining & Marketing subindustry, Delek Logistics Partners 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.


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

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

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


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Delek Logistics Partners LP Effective Interest Rate on Debt % Calculation

Delek Logistics Partners 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  *  -150.96/( (1718.821+1886.741)/ 2 )
=-1  *  -150.96/1802.781
=8.37 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1682.124 + 36.697
=1718.821

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1881.401 + 5.34
=1886.741

Delek Logistics Partners LP'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: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -153.652/( (1905.448+1886.741)/ 2 )
=-1  *  -153.652/1896.0945
=8.10 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1900.077 + 5.371
=1905.448

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1881.401 + 5.34
=1886.741

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


Delek Logistics Partners LP  (NYSE:DKL) Effective Interest Rate on Debt % Explanation

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


Delek Logistics Partners LP Effective Interest Rate on Debt % Related Terms

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Delek Logistics Partners LP Business Description

Industry
Traded in Other Exchanges
N/A
Address
310 Seven Springs Way, Suite 500, Brentwood, TN, USA, 37027
Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil and intermediate and refined products. The company's segment includes gathering and processing; wholesale marketing and terminalling; storage and transportation and investment in pipeline joint ventures. It generates maximum revenue from the wholesale marketing and terminalling segment, which provides marketing services for the refined products output of the Delek Holdings' refineries, engages in wholesale activity at its terminals and terminals owned by third parties, whereby it purchases light product for sale and exchange to third parties, and provides terminalling services at its refined products terminals to independent third parties and Delek Holdings.
Executives
Ezra Uzi Yemin director, officer: Chairman / CEO 7102 COMMERCE WAY, BRENTWOOD TN 37027
Avigal Soreq officer: Executive Vice President 7102 COMMERCE WAY, BRENTWOOD TN 37027
Joseph Israel officer: EVP, Operations 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Odely Sakazi officer: Senior Vice President 7102 COMMERCE WAY, BRENTWOOD TN 37027
Reuven Spiegel director 1530 PALISADE AVENUE, APT. 24-L, FORT LEE NJ 07024
Sherri Anne Brillon director 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Brown Charles J Iii director 524 ROOKWOOD PLACE, CHARLOTTESVILLE VA 22903
Todd O'malley officer: EVP Chief Operating Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Delek Us Holdings, Inc. director, 10 percent owner 310 SEVEN SPRINGS WAY, SUITE 500, BRENTWOOD TN 37027
Robert G. Wright officer: SVP & Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Francis C. D'andrea director 70 NORTH WINDSAIL PLACE, THE WOODLANDS TX 77381
Nilah Staskus officer: EVP, Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Denise Clark Mcwatters officer: EVP, Gen Counsel & Corp Sec 1702 COMMERCE WAY, BRENTWOOD TN 37027
Delek Logistics Services Co director, 10 percent owner 7102 COMMERCE WAY, BRENTWOOD TN 37027
Gennifer F. Kelly director 1702 COMMERCE WAY, BRENTWOOD TN 37027