PetroNor E&P ASA (OSL:PNOR) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2024)

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What is PetroNor E&P 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. PetroNor E&P ASA's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was kr16 Mil. PetroNor E&P ASA's average total debt for the quarter that ended in Sep. 2024 was kr0 Mil. Therefore, PetroNor E&P ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was N/A%.

PetroNor E&P ASA Effective Interest Rate on Debt % Historical Data

The historical data trend for PetroNor E&P 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.

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PetroNor E&P ASA Effective Interest Rate on Debt % Chart

PetroNor E&P ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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17.41

16.10

19.19

27.52

41.65

PetroNor E&P ASA Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													31.97	103.99	44.03	23.37	-

Competitive Comparison of PetroNor E&P ASA's Effective Interest Rate on Debt %

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

PetroNor E&P ASA's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where PetroNor E&P ASA's Effective Interest Rate on Debt % falls into.

PetroNor E&P ASA Effective Interest Rate on Debt % Calculation

PetroNor E&P ASA's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2022 )	+	Total Debt (A: Dec. 2023 ))	/ count )
=	-1 * -34.718	/	( (108.682	+	58.022)	/ 2 )
=	-1 * -34.718	/	83.352
=	41.65 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	54.341	+	54.341
=	108.682

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	58.022
=	58.022

PetroNor E&P ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -15.932	/	( (0	+	0)	/ 1 )
=	-1 * -15.932	/	0
=	N/A %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

PetroNor E&P ASA (OSL:PNOR) Effective Interest Rate on Debt % Explanation

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

PetroNor E&P ASA Effective Interest Rate on Debt % Related Terms

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PetroNor E&P ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroNor E&P ASA (OSL:PNOR) » Definitions » Effective Interest Rate on Debt %

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PNORo:Sweden FQ00:Germany

Address

Froyas gate 13, Oslo, NOR, 0273

Website

https://www.petronorep.com

PetroNor E&P ASA is an independent oil and gas exploration and production company. The principal activities of the group are the exploration and production of crude oil. The group only has one operating segment, being exploration and production of hydrocarbons.

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