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North Energy ASA (OSL:NORTH) Effective Interest Rate on Debt % : 25.62% (As of Dec. 2024)


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What is North Energy ASA 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. North Energy ASA's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was kr0.99 Mil. North Energy ASA's average total debt for the quarter that ended in Dec. 2024 was kr3.87 Mil. Therefore, North Energy ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 25.62%.


North Energy ASA Effective Interest Rate on Debt % Historical Data

The historical data trend for North Energy ASA'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.

North Energy ASA Effective Interest Rate on Debt % Chart

North Energy ASA 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 0.34 3.36 3.05 7.22 17.41

North Energy ASA 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 8.50 14.55 24.92 72.52 25.62

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

For the Asset Management subindustry, North Energy ASA'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.


North Energy ASA's Effective Interest Rate on Debt % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, North Energy ASA's Effective Interest Rate on Debt % distribution charts can be found below:

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


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North Energy ASA Effective Interest Rate on Debt % Calculation

North Energy ASA'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  *  -1.938/( (18.525+3.736)/ 2 )
=-1  *  -1.938/11.1305
=17.41 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3.492 + 15.033
=18.525

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.052 + 1.684
=3.736

North Energy ASA'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  *  -0.992/( (4.007+3.736)/ 2 )
=-1  *  -0.992/3.8715
=25.62 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.513 + 1.494
=4.007

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.052 + 1.684
=3.736

* 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.


North Energy ASA  (OSL:NORTH) Effective Interest Rate on Debt % Explanation

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


North Energy ASA Effective Interest Rate on Debt % Related Terms

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North Energy ASA Business Description

Traded in Other Exchanges
Address
Tjuvholmen alle 19, Oslo, NOR, 0252
North Energy ASA is an industrial holding company with a portfolio of independent investments, both listed and unlisted. The Group reports only one business segment which includes the investment activities The Company evaluates companies both within the traditional energy industry, as well as emerging sectors such as renewable energy production and related activities. In addition, the Company continues to evaluate possibilities within other industries outside the energy sector.

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