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Tupras-Turkiye Petrol Rafineleri AS (Tupras-Turkiye Petrol Rafineleri AS) Effective Interest Rate on Debt % : 69.53% (As of Dec. 2023)


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What is Tupras-Turkiye Petrol Rafineleri AS 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. Tupras-Turkiye Petrol Rafineleri AS's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $852 Mil. Tupras-Turkiye Petrol Rafineleri AS's average total debt for the quarter that ended in Dec. 2023 was $1,225 Mil. Therefore, Tupras-Turkiye Petrol Rafineleri AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 69.53%.


Tupras-Turkiye Petrol Rafineleri AS Effective Interest Rate on Debt % Historical Data

The historical data trend for Tupras-Turkiye Petrol Rafineleri AS'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.

Tupras-Turkiye Petrol Rafineleri AS Effective Interest Rate on Debt % Chart

Tupras-Turkiye Petrol Rafineleri AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.36 7.76 6.23 18.03 13.99

Tupras-Turkiye Petrol Rafineleri AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 58.32 7.31 6.69 9.00 69.53

Competitive Comparison of Tupras-Turkiye Petrol Rafineleri AS's Effective Interest Rate on Debt %

For the Oil & Gas Refining & Marketing subindustry, Tupras-Turkiye Petrol Rafineleri AS'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.


Tupras-Turkiye Petrol Rafineleri AS's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tupras-Turkiye Petrol Rafineleri AS's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Tupras-Turkiye Petrol Rafineleri AS's Effective Interest Rate on Debt % falls into.



Tupras-Turkiye Petrol Rafineleri AS Effective Interest Rate on Debt % Calculation

Tupras-Turkiye Petrol Rafineleri AS'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  *  -290.408/( (2938.158+1214.869)/ 2 )
=-1  *  -290.408/2076.5135
=13.99 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1878.861 + 1059.297
=2938.158

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=184.265 + 1030.604
=1214.869

Tupras-Turkiye Petrol Rafineleri AS's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -851.82/( (1235.408+1214.869)/ 2 )
=-1  *  -851.82/1225.1385
=69.53 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=884.661 + 350.747
=1235.408

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=184.265 + 1030.604
=1214.869

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


Tupras-Turkiye Petrol Rafineleri AS  (OTCPK:TUPRF) Effective Interest Rate on Debt % Explanation

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


Tupras-Turkiye Petrol Rafineleri AS Effective Interest Rate on Debt % Related Terms

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Tupras-Turkiye Petrol Rafineleri AS (Tupras-Turkiye Petrol Rafineleri AS) Business Description

Traded in Other Exchanges
Address
Guney Mahallesi, Petrol Caddesi No:25, Korfez, Kocaeli, TUR, 41790
Tupras-Turkiye Petrol Rafineleri AS provides and refines crude oil through Turkish and international refineries. It also operates petrochemical factories and facilities. The company's complete line of products includes liquefied petroleum gas(LPG), fuel oil, waxes and extracts, bitumen, and other products. In addition to refining and producing products, the firm engages in the purchase, sell, import, export, store, marketing, and distribution of a variety of petroleum products. Distribution is completed through a network of foreign and domestic wholesalers and retailers. The majority of sales from refineries are domestic.

Tupras-Turkiye Petrol Rafineleri AS (Tupras-Turkiye Petrol Rafineleri AS) Headlines

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