Woodside Energy Group (Woodside Energy Group) Effective Interest Rate on Debt % : 4.39% (As of Dec. 2023)

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What is Woodside Energy Group 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. Woodside Energy Group's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $284 Mil. Woodside Energy Group's average total debt for the quarter that ended in Dec. 2023 was $6,475 Mil. Therefore, Woodside Energy Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.39%.

Woodside Energy Group Effective Interest Rate on Debt % Historical Data

The historical data trend for Woodside Energy Group'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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Woodside Energy Group Effective Interest Rate on Debt % Chart

Woodside Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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5.81

4.13

2.84

1.97

3.97

Woodside Energy Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															2.19	2.13	1.78	3.58	4.39

Competitive Comparison of Woodside Energy Group's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, Woodside Energy Group'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.

Woodside Energy Group's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Woodside Energy Group's Effective Interest Rate on Debt % falls into.

Woodside Energy Group Effective Interest Rate on Debt % Calculation

Woodside Energy Group'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 * -258	/	( (6512	+	6498)	/ 2 )
=	-1 * -258	/	6505
=	3.97 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6188	+	324
=	6512

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6200	+	298
=	6498

Woodside Energy Group'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: Jun. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -284	/	( (6452	+	6498)	/ 2 )
=	-1 * -284	/	6475
=	4.39 %

where

	Total Debt (Q: Jun. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6123	+	329
=	6452

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6200	+	298
=	6498

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

Woodside Energy Group (NYSE:WDS) Effective Interest Rate on Debt % Explanation

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

Woodside Energy Group Effective Interest Rate on Debt % Related Terms

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Woodside Energy Group (Woodside Energy Group) Business Description

Industry

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Address

11 Mount Street, Mia Yellagonga, Perth, WA, AUS, 6000

Website

https://www.woodside.com.au

Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2010, Shell further decreased its shareholding to 24%. Woodside has the potential to become the most LNG-leveraged company globally.