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SOCGP.PFD (Southern California Gas Co) Effective Interest Rate on Debt % : 4.12% (As of Jun. 2024)


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What is Southern California Gas Co 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. Southern California Gas Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $312.00 Mil. Southern California Gas Co's average total debt for the quarter that ended in Jun. 2024 was $7,578.00 Mil. Therefore, Southern California Gas Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 4.12%.


Southern California Gas Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Southern California Gas Co'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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Southern California Gas Co Effective Interest Rate on Debt % Chart

Southern California Gas Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 3.39 3.12 3.25 3.86

Southern California Gas Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.00 3.92 4.00 4.05 4.12

Competitive Comparison of Southern California Gas Co's Effective Interest Rate on Debt %

For the Oil & Gas Midstream subindustry, Southern California Gas Co'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.


Southern California Gas Co's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Southern California Gas Co's Effective Interest Rate on Debt % falls into.



Southern California Gas Co Effective Interest Rate on Debt % Calculation

Southern California Gas Co'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  *  -285/( (6998+7757)/ 2 )
=-1  *  -285/7377.5
=3.86 %

where

Southern California Gas Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -312/( (7446+7710)/ 2 )
=-1  *  -312/7578
=4.12 %

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


Southern California Gas Co  (OTCPK:SOCGP.PFD) Effective Interest Rate on Debt % Explanation

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


Southern California Gas Co Effective Interest Rate on Debt % Related Terms

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Southern California Gas Co Business Description

Traded in Other Exchanges
Address
555 West Fifth Street, Los Angeles, CA, USA, 90013
Southern California Gas Co is a utility service company. The company is engaged in natural gas distribution, refining and other processes.
Executives
Diana L Day director 488 8TH AVENUE, SAN DIEGO CA 92101
Karen L Sedgwick director 488 8TH AVENUE, SAN DIEGO CA 92101
Jeffery Lenord Walker officer: SVP-Chief Admin & Diversity Of 555 WEST 5TH STREET, LOS ANGELES CA 90013
Scott D. Drury director, officer: Chief Executive Officer 555 W 5TH STREET, LOS ANGELES CA 90013
Kevin C. Sagara director 488 8TH AVENUE, SAN DIEGO CA 92101
Mia Demontigny officer: VP, CFO, Controller & CAO 488 8TH AVENUE, SAN DIEGO CA 92101
Randall Lee Clark director 488 8TH AVENUE, SAN DIEGO CA 92101
Maryam S. Brown officer: President 555 W. 5TH STREET, LOS ANGELES CA 90013
Alexander Lisa Larroque director 488 8TH AVENUE, SAN DIEGO CA 92101
David Judson Barrett officer: VP and General Counsel 555 W 5TH STREET, LOS ANGELES CA 90013
Jimmie I Cho officer: Senior Vice President 555 W 5TH STREET, LOS ANGELES CA 90013
Patrick Kevin Chase officer: SVP, Chief Information Officer 488 8TH AVENUE, SAN DIEGO CA 92101
Gillian Wright officer: Chief HR and Admin Officer 555 W. 5TH STREET, LOS ANGELSS CA 90013
Hal D. Snyder officer: Chief HR and Admin Officer 555 WEST FIFTH STREET, LOS ANGELES CA 90013
Trevor I Mihalik director 101 ASH STREET, SAN DIEGO CA 92101

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