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Baker Hughes (XSWX:BHI) Effective Interest Rate on Debt % : 4.60% (As of Mar. 2017)


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What is Baker Hughes 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. Baker Hughes's annualized positive value of Interest Expense for the quarter that ended in Mar. 2017 was CHF140 Mil. Baker Hughes's average total debt for the quarter that ended in Mar. 2017 was CHF3,050 Mil. Therefore, Baker Hughes's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2017 was 4.60%.


Baker Hughes Effective Interest Rate on Debt % Historical Data

The historical data trend for Baker Hughes'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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Baker Hughes Effective Interest Rate on Debt % Chart

Baker Hughes Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.65 4.95 5.70 5.36 5.11

Baker Hughes Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 5.40 5.39 5.17 4.88 4.60

Competitive Comparison of Baker Hughes's Effective Interest Rate on Debt %

For the Oil & Gas Equipment & Services subindustry, Baker Hughes'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.


Baker Hughes's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Baker Hughes's Effective Interest Rate on Debt % falls into.



Baker Hughes Effective Interest Rate on Debt % Calculation

Baker Hughes's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2015 )+Total Debt  (A: Dec. 2016 ))/ count )
=-1  *  -181.453/( (4021.199+3076.549)/ 2 )
=-1  *  -181.453/3548.874
=5.11 %

where

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3870.939 + 150.26
=4021.199

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2941.988 + 134.561
=3076.549

Baker Hughes's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2016 )+Total Debt  (Q: Mar. 2017 ))/ count )
=-1  *  -140.212/( (3076.549+3022.527)/ 2 )
=-1  *  -140.212/3049.538
=4.60 %

where

Total Debt  (Q: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2941.988 + 134.561
=3076.549

Total Debt  (Q: Mar. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2888.326 + 134.201
=3022.527

* 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 (Mar. 2017) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Baker Hughes  (XSWX:BHI) Effective Interest Rate on Debt % Explanation

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


Baker Hughes Effective Interest Rate on Debt % Related Terms

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Baker Hughes (XSWX:BHI) Business Description

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Baker Hughes is one of the world's largest integrated oil services providers. Its largest end market is North America, and thus its fortunes are strongly leveraged to U.S. shale activity. By the end of 2017, the firm is set to combine with General Electric's oil and gas division, which is more leveraged to offshore developments, as well as nonupstream energy markets such as liquefied natural gas and refining.

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