Other

Percentage of Term Loans Converted from Floating to Fixed

ConocoPhillips Percentage of Term Loans Converted from Floating to Fixed remained flat by 0.0% to $0.60 in Q4 2023 compared to the prior quarter.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ2 2023
Last reportedQ4 2023

How to read this metric

A higher percentage indicates a conservative approach to interest rate volatility, protecting the company from rising interest costs.

Detailed definition

This metric measures the proportion of the company's floating-rate term loan debt that has been converted to a fixed int...

Peer comparison

Standard treasury risk management metric for companies with significant variable-rate debt.

Metric ID: term_loans_floating_to_fixed_pct

Historical Data

3 periods
 Q2 '23Q3 '23Q4 '23
Value0.60.60.6
QoQ Change—+0.0%+0.0%
Range0.6 – 0.6
Current Streak2+ quarters growth

Frequently Asked Questions

What is ConocoPhillips's percentage of term loans converted from floating to fixed?
ConocoPhillips (COP) reported percentage of term loans converted from floating to fixed of $0.60 in Q4 2023.
What does percentage of term loans converted from floating to fixed mean?
The percentage of floating-rate debt hedged into fixed-rate debt.