Tallgrass Energy (FRA:TGV) Effective Interest Rate on Debt % : 6.22% (As of Dec. 2012)

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

What is Tallgrass 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. Tallgrass Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2012 was €0.44 Mil. Tallgrass Energy's average total debt for the quarter that ended in Dec. 2012 was €7.01 Mil. Therefore, Tallgrass Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2012 was 6.22%.

Tallgrass Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Tallgrass 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.

* Premium members only.

Tallgrass Energy Effective Interest Rate on Debt % Chart

Tallgrass Energy Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

13.33

26.67

1.23

6.22

Tallgrass Energy Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Effective Interest Rate on Debt %	Get a 7-Day Free Trial				13.33	26.67	-	1.23	6.22

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

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

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

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

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

Tallgrass Energy Effective Interest Rate on Debt % Calculation

Tallgrass Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2012 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2011 )	+	Total Debt (A: Dec. 2012 ))	/ count )
=	-1 * -0.436	/	( (0.891	+	13.126)	/ 2 )
=	-1 * -0.436	/	7.0085
=	6.22 %

where

	Total Debt (A: Dec. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.891
=	0.891

	Total Debt (A: Dec. 2012 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	13.126
=	13.126

Tallgrass Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2012 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2011 )	+	Total Debt (Q: Dec. 2012 ))	/ count )
=	-1 * -0.436	/	( (0.891	+	13.126)	/ 2 )
=	-1 * -0.436	/	7.0085
=	6.22 %

where

	Total Debt (Q: Dec. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.891
=	0.891

	Total Debt (Q: Dec. 2012 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	13.126
=	13.126

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 one times the annual (Dec. 2012) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Tallgrass Energy (FRA:TGV) Effective Interest Rate on Debt % Explanation

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

Tallgrass Energy Effective Interest Rate on Debt % Related Terms

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

Tallgrass Energy (FRA:TGV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tallgrass Energy Corp (FRA:TGV) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.tallgrassenergy.ca

Tallgrass Energy Corp was incorporated pursuant to the provisions of the Alberta Business Corporations Act on March 10, 2010. On December 31, 2012, the Company amalgamated with Anglo Canadian Oil Corp. The Company is engaged in the exploration, development and production of petroleum and natural gas in the Western Canadian Basin. The Company receives its revenue from the sale of oil, natural gas and natural gas liquids. Other revenue is derived from emulsion processing, treating, saltwater disposal fees charged to third parties as well as well operating fees and road use fees.

Tallgrass Energy (FRA:TGV) Headlines

No Headlines