JUTOF (Jutal Offshore Oil Services) Effective Interest Rate on Debt % : 4.13% (As of Dec. 2024)

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What is Jutal Offshore Oil 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. Jutal Offshore Oil Services's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $0.9 Mil. Jutal Offshore Oil Services's average total debt for the quarter that ended in Dec. 2024 was $21.1 Mil. Therefore, Jutal Offshore Oil Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 4.13%.

Jutal Offshore Oil Services Effective Interest Rate on Debt % Historical Data

The historical data trend for Jutal Offshore Oil 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.

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Jutal Offshore Oil Services Effective Interest Rate on Debt % Chart

Jutal Offshore Oil Services Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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4.74

4.67

4.93

4.75

3.88

Jutal Offshore Oil Services Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.85	4.49	4.66	4.07	4.13

Competitive Comparison of Jutal Offshore Oil Services's Effective Interest Rate on Debt %

For the Oil & Gas Equipment & Services subindustry, Jutal Offshore Oil 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.

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

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

* The bar in red indicates where Jutal Offshore Oil Services's Effective Interest Rate on Debt % falls into.

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Jutal Offshore Oil Services Effective Interest Rate on Debt % Calculation

Jutal Offshore Oil Services'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 * -1.19	/	( (46.655	+	14.689)	/ 2 )
=	-1 * -1.19	/	30.672
=	3.88 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	34.175	+	12.48
=	46.655

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.91	+	8.779
=	14.689

Jutal Offshore Oil Services'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: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * -0.874	/	( (27.586	+	14.689)	/ 2 )
=	-1 * -0.874	/	21.1375
=	4.13 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.963	+	21.623
=	27.586

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	5.91	+	8.779
=	14.689

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

Jutal Offshore Oil Services (OTCPK:JUTOF) Effective Interest Rate on Debt % Explanation

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

Jutal Offshore Oil Services Effective Interest Rate on Debt % Related Terms

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Jutal Offshore Oil Services Business Description

Industry

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03303:Hong Kong I8O:Germany

Address

10th Floor, Chiwan Petroleum Building, Shekou, Nanshan District, Shenzhen, CHN, 518068

Website

https://www.jutal.com

Jutal Offshore Oil Services Ltd is an investment holding company. The company's operating segments include Fabrication of facilities and provision of integrated services for oil and gas industries, Fabrication of facilities and provision of integrated services for new energy and refining and chemical industries, and Others. It generates maximum revenue from the Fabrication of facilities and provision of integrated services for oil and gas industries segment. Geographically, it derives a majority of revenue from the United States and also has an international presence.

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