GLP (Global Partners LP) Effective Interest Rate on Debt % : 6.91% (As of Mar. 2025)

View and export this data going back to 2005. Start your Free Trial

What is Global 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. Global Partners LP's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $144 Mil. Global Partners LP's average total debt for the quarter that ended in Mar. 2025 was $2,087 Mil. Therefore, Global Partners LP's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 6.91%.

Global Partners LP Effective Interest Rate on Debt % Historical Data

The historical data trend for Global 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.

* Premium members only.

Global Partners LP Effective Interest Rate on Debt % Chart

Global 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

5.30

5.23

5.41

5.77

7.56

Global Partners LP Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															7.11	7.33	6.85	6.79	6.91

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

For the Oil & Gas Midstream subindustry, Global 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.

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

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

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

Save Embed

;

Save Embed

;

Global Partners LP Effective Interest Rate on Debt % Calculation

Global 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 * -134.773	/	( (1538.144	+	2026.223)	/ 2 )
=	-1 * -134.773	/	1782.1835
=	7.56 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1461.4	+	76.744
=	1538.144

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1839.943	+	186.28
=	2026.223

Global Partners LP's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -144.156	/	( (2026.223	+	2147.734)	/ 2 )
=	-1 * -144.156	/	2086.9785
=	6.91 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1839.943	+	186.28
=	2026.223

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1836.843	+	310.891
=	2147.734

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. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Global Partners LP (NYSE:GLP) Effective Interest Rate on Debt % Explanation

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

Global Partners LP Effective Interest Rate on Debt % Related Terms

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

Global Partners LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Global Partners LP (NYSE:GLP) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

GEL DHT INSW STNG TNK SBR LPG NVGS KNTK EE TSX:ENB WMB EPD ET KMI OKE MPLX LNG TSX:TRP TRGP

Traded in Other Exchanges

GLPpB.PFD:USA

Address

800 South Street, P.O. Box 9161, Waltham, MA, USA, 02454-9161

Website

https://www.globalp.com

Global Partners LP is a limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.

Executives

Mark Romaine	officer: Chief Operating Officer	800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Global Gp Llc	other: General Partner	800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Clare Mcgrory Kelly	director	800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Jaime Pereira	director	C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
John T Hailer	director	800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Robert J Mccool	director	1629 CHINABERRY WAY, NAPLES FL 34105
Robert W Owens	director
Gregory B. Hanson	officer: Chief Financial Officer	C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Matthew Spencer	officer: Chief Accounting Officer	C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Jeremy Langhorn	officer: Chief Human Resources Officer	C/O GLOBAL PARTNERS LP, 800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Eric Slifka	director, officer: Vice Chairman, President & CEO	800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Sean T. Geary	officer: Chief Legal Officer & Sec.	800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
Alfred A. Slifka 1990 Trust Under Article Ii-a	10 percent owner	C/O NUTTER MCCLENNEN & FISH LLP, 155 SEAPORT BOULEVARD, BOSTON MA 02110
Richard Slifka	director, 10 percent owner	800 SOUTH STREET, SUITE 500, WALTHAM MA 02453
David K Mckown	director	EATON VANCE MANAGEMENT, BOSTON MA 02110