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Nabors Energy Transition (Nabors Energy Transition) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2023)


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What is Nabors Energy Transition 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. Nabors Energy Transition's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $0.00 Mil. Nabors Energy Transition's average total debt for the quarter that ended in Sep. 2023 was $3.94 Mil. Therefore, Nabors Energy Transition's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 0.00%.


Nabors Energy Transition Effective Interest Rate on Debt % Historical Data

The historical data trend for Nabors Energy Transition'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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Nabors Energy Transition Effective Interest Rate on Debt % Chart

Nabors Energy Transition Annual Data
Trend Dec21 Dec22
Effective Interest Rate on Debt %
- -

Nabors Energy Transition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Nabors Energy Transition's Effective Interest Rate on Debt %

For the Shell Companies subindustry, Nabors Energy Transition'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.


Nabors Energy Transition's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Nabors Energy Transition's Effective Interest Rate on Debt % distribution charts can be found below:

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



Nabors Energy Transition Effective Interest Rate on Debt % Calculation

Nabors Energy Transition's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  0/( (0.598+0.01)/ 2 )
=-1  *  0/0.304
=0.00 %

where

Nabors Energy Transition's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  0/( (3.647+4.238)/ 2 )
=-1  *  0/3.9425
=0.00 %

where

* 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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Nabors Energy Transition  (NYSE:NETC) Effective Interest Rate on Debt % Explanation

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


Nabors Energy Transition Effective Interest Rate on Debt % Related Terms

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Nabors Energy Transition (Nabors Energy Transition) Business Description

Traded in Other Exchanges
N/A
Address
515 West Greens Road, Suite 1200, Houston, TX, USA, 77067
Nabors Energy Transition Corp is a blank check company.
Executives
John Yearwood director HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Maria S. Dreyfus director 125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Anthony G Petrello director, 10 percent owner, officer: President, CEO and Secretary NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200`, HOUSTON TX 77067
William J Restrepo officer: Chief Financial Officer P.O. BOX 60068, HOUSTON TX 77205-0068
Guillermo Sierra officer: VP, Energy Transition C/O USD PARTNERS LP, 811 MAIN STREET, SUITE 2800, HOUSTON TX 77002
Jennifer Gill Roberts director C/O SEVIN ROSEN FUNDS, 13455 NOEL ROAD, SUITE 1670, DALLAS TX 75240
Calhoun Colleen director 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Siggi Meissner officer: President, Eng. & Tech. 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Nabors Energy Transition Sponsor Llc 10 percent owner 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Greens Road Energy Llc 10 percent owner 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Nabors Lux 2 S.a.r.l. 10 percent owner 8-10 AVENUE DE LA GARE, LUXEMBOURG CITY N4 L-1610

Nabors Energy Transition (Nabors Energy Transition) Headlines