Brookfield Renewable Partners LP (Brookfield Renewable Partners LP) Effective Interest Rate on Debt % : 6.72% (As of Dec. 2023)

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Brookfield Renewable Partners LP Effective Interest Rate on Debt % Definition

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. Brookfield Renewable Partners LP's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $1,844 Mil. Brookfield Renewable Partners LP's average total debt for the quarter that ended in Dec. 2023 was $27,439 Mil. Therefore, Brookfield Renewable Partners LP's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.72%.

Brookfield Renewable Partners LP Effective Interest Rate on Debt % Historical Data

The historical data trend for Brookfield Renewable Partners LP'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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Brookfield Renewable Partners LP Effective Interest Rate on Debt % Chart

Brookfield Renewable Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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7.04

5.39

4.84

5.16

5.82

Brookfield Renewable Partners LP 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															5.59	6.23	6.47	6.06	6.72

Competitive Comparison of Brookfield Renewable Partners LP's Effective Interest Rate on Debt %

For the Utilities - Renewable subindustry, Brookfield Renewable Partners LP'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.

Brookfield Renewable Partners LP's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Brookfield Renewable Partners LP's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Brookfield Renewable Partners LP's Effective Interest Rate on Debt % falls into.

Brookfield Renewable Partners LP Effective Interest Rate on Debt % Calculation

Brookfield Renewable Partners LP'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 * -1627	/	( (25409	+	30470)	/ 2 )
=	-1 * -1627	/	27939.5
=	5.82 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23100	+	2309
=	25409

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25494	+	4976
=	30470

Brookfield Renewable Partners LP'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 * -1844	/	( (24407	+	30470)	/ 2 )
=	-1 * -1844	/	27438.5
=	6.72 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22670	+	1737
=	24407

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	25494	+	4976
=	30470

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.

Brookfield Renewable Partners LP (NYSE:BEP) Effective Interest Rate on Debt % Explanation

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

Brookfield Renewable Partners LP Effective Interest Rate on Debt % Related Terms

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Brookfield Renewable Partners LP (Brookfield Renewable Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Brookfield Renewable Partners LP (NYSE:BEP) » Definitions » Effective Interest Rate on Debt %

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BEPpA.PFD:USA BEP.PR.O.PFD:Canada BEP.PR.M.PFD:Canada BEP.UN:Canada BEP.PR.G.PFD:Canada

Address

73 Front Street, 5th Floor, Hamilton, BMU, HM 12

Website

https://www.bep.brookfield.com

Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.