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WGL Holdings (WGL Holdings) Effective Interest Rate on Debt % : 1.24% (As of Mar. 2018)


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What is WGL Holdings 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. WGL Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2018 was $31 Mil. WGL Holdings's average total debt for the quarter that ended in Mar. 2018 was $2,471 Mil. Therefore, WGL Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2018 was 1.24%.


WGL Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for WGL Holdings'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.

WGL Holdings Effective Interest Rate on Debt % Chart

WGL Holdings Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 3.57 4.12 3.41 3.69

WGL Holdings Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 2.79 4.96 3.47 3.38 1.24

Competitive Comparison of WGL Holdings's Effective Interest Rate on Debt %

For the Utilities - Regulated Gas subindustry, WGL Holdings'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.


WGL Holdings's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, WGL Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



WGL Holdings Effective Interest Rate on Debt % Calculation

WGL Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Sep. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Sep. 2016 )+Total Debt  (A: Sep. 2017 ))/ count )
=-1  *  -74.026/( (1766.43+2240.705)/ 2 )
=-1  *  -74.026/2003.5675
=3.69 %

where

Total Debt  (A: Sep. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1435.045 + 331.385
=1766.43

Total Debt  (A: Sep. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1430.861 + 809.844
=2240.705

WGL Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2017 )+Total Debt  (Q: Mar. 2018 ))/ count )
=-1  *  -30.548/( (2538.593+2404.137)/ 2 )
=-1  *  -30.548/2471.365
=1.24 %

where

Total Debt  (Q: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1679.893 + 858.7
=2538.593

Total Debt  (Q: Mar. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1879.304 + 524.833
=2404.137

* 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 (Mar. 2018) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


WGL Holdings  (NYSE:WGL) Effective Interest Rate on Debt % Explanation

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


WGL Holdings Effective Interest Rate on Debt % Related Terms

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WGL Holdings (WGL Holdings) Business Description

Industry
Traded in Other Exchanges
N/A
Address
WGL Holdings' primary operating segment, Washington Gas Light, is a regulated gas distribution utility. This segment serves about 1.1 million customers in Maryland, Virginia, and the Washington, D.C., metro area. The nonregulated energy marketing segment buys and resells natural gas and electricity in competitive markets, in addition to designing, building, and operating energy systems including solar installations. WGL is signed on to some sizable midstream pipeline projects and angles to expand this business around its utility footprint.
Executives
Karen Hardwick officer: Senior Vice President and GC 1000 MAINE AVENUE, SW, WASHINGTON DC 20024
Dorothy Ramsey officer: Vice President 1000 MAINE AVENUE, SW, WASHINGTON DC 20024
Linda R Gooden director LOCKHEED MARTIN CORPORATION, 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Leslie T Thornton officer: Senior VP, GC and Corp. Sec. 3921 COURTLAND CIRCLE, ALEXANDRIA VA 22305
David M Harris director 101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Debra L Lee director C/O BLACK ENTERTAINMENT, 1 BET PLZ. 1900W PLACE N.W., WASHINGTON DC 20018
Terry D Mccallister director, officer: Chairman and CEO 1100 H ST NW, WASHINGTON DC 20080
James F Lafond director 4401 GULF SHORE BLVD NORTH, UNIT 103, NAPLES FL 34103
Clancy George Patrick Jr director 1100 H ST NW, WASHINGTON DC 20080
Stephen C Beasley director THE WILLIAMS COMPANIES, ONCE WILLIAMS CENTER, SUITE 4700, TULSA OK 77002
Diane J Hoskins director 101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Karen Hastie Williams director GANNETT CO INC, 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Degraffenreidt James H Jr other: Former Chairman and CEO 1100 H ST NW, WASHINGTON DC 20080
Philip A Odeen director N/A, N/A OH 45202

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