VTDRF (Vantage Drilling International) Effective Interest Rate on Debt %: 12.95% (As of Dec. 2022)


VTDRF Vantage Drilling International Ltd VTDRF
8 GF Score
Price $18.50
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What is Vantage Drilling International Effective Interest Rate on Debt %?

Vantage Drilling International VTDRF 8 Effective Interest Rate on Debt % is 12.95% as of Dec. 2022. GuruFocus rates VTDRF with a GF Score™ of 8/100.

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. Vantage Drilling International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was $34.4 Mil. Vantage Drilling International's average total debt for the quarter that ended in Dec. 2022 was $265.3 Mil. Therefore, Vantage Drilling International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 12.95%.


Vantage Drilling International  (OTCPK:VTDRF) Effective Interest Rate on Debt % Explanation

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


Vantage Drilling International Effective Interest Rate on Debt % Related Terms


Vantage Drilling International Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Vantage Drilling International'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.

Vantage Drilling International Effective Interest Rate on Debt % Chart

Vantage Drilling International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.75 6.38 9.72 9.74 12.95

Vantage Drilling International Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 7.75 6.38 9.72 9.74 12.95

VTDRF vs SOC, NBR, NE: Effective Interest Rate on Debt % Comparison

For the Oil & Gas Drilling subindustry, Vantage Drilling International'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.


Vantage Drilling International Effective Interest Rate on Debt % vs Oil & Gas Industry

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

* The bar in red indicates where Vantage Drilling International's Effective Interest Rate on Debt % falls into.


VTDRF
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Vantage Drilling International Ltd VTDRF
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vantage Drilling International Effective Interest Rate on Debt % Calculation

Vantage Drilling International'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  *  -34.351/( (349.537+180.969)/ 2 )
=-1  *  -34.351/265.253
=12.95 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=347.827 + 1.71
=349.537

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=179.449 + 1.52
=180.969

Vantage Drilling International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2021 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  -34.351/( (349.537+180.969)/ 2 )
=-1  *  -34.351/265.253
=12.95 %

where

Total Debt  (Q: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=347.827 + 1.71
=349.537

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=179.449 + 1.52
=180.969

* 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 one times the annual (Dec. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 12.95% mean?
Vantage Drilling International (VTDRF) has a Effective Interest Rate on Debt % of 12.95% as of Dec. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Vantage Drilling International and its competitors.
Is Vantage Drilling International's Effective Interest Rate on Debt % too high?
Vantage Drilling International's current Effective Interest Rate on Debt % is 12.95%. Overall, Vantage Drilling International has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Drilling International's Effective Interest Rate on Debt % compare to SOC and NBR?
Vantage Drilling International's Effective Interest Rate on Debt % of 12.95% can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Oil & Gas company?
A good Effective Interest Rate on Debt % depends on the Oil & Gas industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Vantage Drilling International and its competitors. Vantage Drilling International's current Effective Interest Rate on Debt % is 12.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Drilling International stock overvalued right now?
Vantage Drilling International (VTDRF) has a current Effective Interest Rate on Debt % of 12.95%. The current Effective Interest Rate on Debt % is 12.95%. Vantage Drilling International's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Vantage Drilling International (VTDRF), the current Effective Interest Rate on Debt % is 12.95% as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vantage Drilling International Business Description

Industry EnergyOil & Gas
Other Exchanges VDI:Norway
Address 777 Post Oak Boulevard, Suite 440, Houston, TX, USA, 77056
Vantage Drilling International Ltd is an international offshore drilling company engaged in providing contract drilling services and related support services. The company operates through two segments: Drilling Services, which includes activities related to owned rigs, and Managed Services, which involves managing and supporting rigs owned by third parties. It mainly provides offshore drilling services to oil and gas companies in international markets.
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