Ratio Petroleum Energy LP (XTAE:RTPT) Effective Interest Rate on Debt % : -66.55% (As of Dec. 2024)

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What is Ratio Petroleum Energy LP 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. Ratio Petroleum Energy LP's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was ₪-0.38 Mil. Ratio Petroleum Energy LP's average total debt for the quarter that ended in Dec. 2024 was ₪0.57 Mil. Therefore, Ratio Petroleum Energy LP's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was -66.55%.

Ratio Petroleum Energy LP Effective Interest Rate on Debt % Historical Data

The historical data trend for Ratio Petroleum Energy LP'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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Ratio Petroleum Energy LP Effective Interest Rate on Debt % Chart

Ratio Petroleum Energy LP Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

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5.44

5.04

5.06

1.02

6.46

Ratio Petroleum Energy LP Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial											-4,100.00	792.20	-224.83	74.19	-66.55

Competitive Comparison of Ratio Petroleum Energy LP's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Ratio Petroleum Energy LP'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.

Ratio Petroleum Energy LP's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Ratio Petroleum Energy LP's Effective Interest Rate on Debt % falls into.

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Ratio Petroleum Energy LP Effective Interest Rate on Debt % Calculation

Ratio Petroleum Energy LP'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 * -0.039	/	( (0.65	+	0.558)	/ 2 )
=	-1 * -0.039	/	0.604
=	6.46 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.562	+	0.088
=	0.65

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.463	+	0.095
=	0.558

Ratio Petroleum Energy LP'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: Jun. 2024 )	+	Total Debt (Q: Dec. 2024 ))	/ count )
=	-1 * 0.382	/	( (0.59	+	0.558)	/ 2 )
=	-1 * 0.382	/	0.574
=	-66.55 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.502	+	0.088
=	0.59

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.463	+	0.095
=	0.558

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 two times the semi-annual (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Ratio Petroleum Energy LP (XTAE:RTPT) Effective Interest Rate on Debt % Explanation

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

Ratio Petroleum Energy LP Effective Interest Rate on Debt % Related Terms

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Ratio Petroleum Energy LP Business Description

Industry

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Address

85 Yehuda Halevy, Tel Aviv, ISR, 6579614

Website

https://www.ratiopetroleum.com

Ratio Petroleum Energy LP is engaged in the exploration, development, and production of oil and gas around the world. It holds petroleum rights in four different basins around the world in Guyana-Suriname, Ireland, and the Philippines.

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