NET Power (NET Power) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)

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What is NET Power 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. NET Power's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.00 Mil. NET Power's average total debt for the quarter that ended in Mar. 2024 was $2.12 Mil. Therefore, NET Power's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.

NET Power Effective Interest Rate on Debt % Historical Data

The historical data trend for NET Power'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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NET Power Effective Interest Rate on Debt % Chart

NET Power Annual Data

Trend

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

609.54

NET Power Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								1,903.31	-	-	-	-

Competitive Comparison of NET Power's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, NET Power'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.

NET Power's Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NET Power's Effective Interest Rate on Debt % distribution charts can be found below:

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

NET Power Effective Interest Rate on Debt % Calculation

NET Power'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 * 0	/	( (0.786	+	2.155)	/ 2 )
=	-1 * 0	/	1.4705
=	0.00 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.656	+	0.13
=	0.786

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.808	+	0.347
=	2.155

NET Power's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * 0	/	( (2.155	+	2.092)	/ 2 )
=	-1 * 0	/	2.1235
=	0.00 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.808	+	0.347
=	2.155

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.728	+	0.364
=	2.092

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

NET Power (NYSE:NPWR) Effective Interest Rate on Debt % Explanation

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

NET Power Effective Interest Rate on Debt % Related Terms

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NET Power (NET Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NET Power Inc (NYSE:NPWR) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

404 Hunt Street, Suite 410, Durham, NC, USA, 27701

Website

https://www.netpower.com

NET Power Inc is a clean energy technology company with a mission to deliver the Energy Trifecta: clean, reliable, and low-cost energy. The invents, develops, and licenses clean power generation technology. Its technology provides reliable, on-demand natural gas power with life cycle emissions.

Executives

James Mahon	officer: General Counsel	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Brandon Heffinger	officer: Chief Commercial Officer	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Sk Inc.	10 percent owner	26, JONG-RO, JONGNO-GU, SEOUL M5 03188
Oxy Low Carbon Ventures, Llc	director, 10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Olcv Net Power, Llc	director, 10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Npeh, Llc	10 percent owner	406 BLACKWELL STREET, 4TH FLOOR, DURHAM NC 27701
8 Rivers Capital, Llc	10 percent owner	406 BLACKWELL STREET, 4TH FLOOR, DURHAM NC 27701
Brock Forrest	officer: Chief Technology Officer	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Akash S. Patel	officer: Chief Financial Officer	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Eunkyung Sung	director	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Brian F. Allen	officer: President and COO	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Carol R. Peterson	director	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Brad Pollack	director	C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Constellation Energy Corp	10 percent owner	1310 POINT STREET, BALTIMORE MD 21231
Constellation Energy Generation Llc	10 percent owner	200 EXELON WAY, KENNETT SQUARE PA 19348-2473