Caspian Sunrise (LSE:CASP) Effective Interest Rate on Debt % : 34.74% (As of Jun. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Caspian Sunrise 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. Caspian Sunrise's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was £0.39 Mil. Caspian Sunrise's average total debt for the quarter that ended in Jun. 2023 was £1.12 Mil. Therefore, Caspian Sunrise's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 34.74%.

Caspian Sunrise Effective Interest Rate on Debt % Historical Data

The historical data trend for Caspian Sunrise'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.

* Premium members only.

Caspian Sunrise Effective Interest Rate on Debt % Chart

Caspian Sunrise Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

15.18

13.47

21.89

14.36

18.75

Caspian Sunrise Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.45	24.31	19.03	76.63	34.74

Competitive Comparison of Caspian Sunrise's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Caspian Sunrise'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.

Caspian Sunrise's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

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

Caspian Sunrise Effective Interest Rate on Debt % Calculation

Caspian Sunrise'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 * -0.48	/	( (4.832	+	0.289)	/ 2 )
=	-1 * -0.48	/	2.5605
=	18.75 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	4.832
=	4.832

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.289
=	0.289

Caspian Sunrise's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2022 )	+	Total Debt (Q: Jun. 2023 ))	/ count )
=	-1 * -0.388	/	( (0.289	+	1.945)	/ 2 )
=	-1 * -0.388	/	1.117
=	34.74 %

where

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0.289
=	0.289

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	1.945
=	1.945

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 (Jun. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Caspian Sunrise (LSE:CASP) Effective Interest Rate on Debt % Explanation

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

Caspian Sunrise Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Caspian Sunrise's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Caspian Sunrise (LSE:CASP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Caspian Sunrise PLC (LSE:CASP) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

ROXIF:USA

Address

152-A, Karasai Batyra Street, 7th Floor, Almaty, KAZ, 050026

Website

https://www.caspiansunrise.com

Caspian Sunrise PLC is a UK-based company. Its principal activities are the exploration and production of crude oil in Kazakhstan. The company's operations include BNG located in the west of Kazakhstan, Munaily field which is located in the Atyrau Oblast and Beibars which is situated on the Caspian shoreline south of the city of Aktau. Its revenues are derived from the sale of oil in Kazakhstan. Geographically, it operates only in Kazakhstan.

Caspian Sunrise (LSE:CASP) Headlines

No Headlines