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Green Plains (Green Plains) Effective Interest Rate on Debt % : 4.95% (As of Dec. 2023)


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What is Green Plains 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. Green Plains's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $35 Mil. Green Plains's average total debt for the quarter that ended in Dec. 2023 was $702 Mil. Therefore, Green Plains's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.95%.


Green Plains Effective Interest Rate on Debt % Historical Data

The historical data trend for Green Plains'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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Green Plains Effective Interest Rate on Debt % Chart

Green Plains 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 7.14 6.66 9.73 4.35 5.43

Green Plains 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 3.52 5.24 4.93 4.99 4.95

Competitive Comparison of Green Plains's Effective Interest Rate on Debt %

For the Chemicals subindustry, Green Plains'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.


Green Plains's Effective Interest Rate on Debt % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Green Plains's Effective Interest Rate on Debt % distribution charts can be found below:

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



Green Plains Effective Interest Rate on Debt % Calculation

Green Plains'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  *  -37.703/( (710.995+676.51)/ 2 )
=-1  *  -37.703/693.7525
=5.43 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=550.758 + 160.237
=710.995

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=545.797 + 130.713
=676.51

Green Plains'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  *  -34.696/( (726.513+676.51)/ 2 )
=-1  *  -34.696/701.5115
=4.95 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=551.242 + 175.271
=726.513

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=545.797 + 130.713
=676.51

* 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.


Green Plains  (NAS:GPRE) Effective Interest Rate on Debt % Explanation

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


Green Plains Effective Interest Rate on Debt % Related Terms

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Green Plains (Green Plains) Business Description

Industry
Traded in Other Exchanges
Address
1811 Aksarben Drive, Omaha, NE, USA, 68106
Green Plains Inc manufactures and sells ethanol and ethanol byproducts in three segments based on function. The ethanol production segment, which generates the majority of revenue, includes the production of ethanol, grains, and corn oil. The agribusiness and energy services segment includes the grain procurement and commodity marketing business, which markets, sells, and distributes ethanol, distillers grains, and corn oil. The partnership segment provides fuel storage and transportation services.
Executives
Todd A Becker officer: President and CEO 1811 AKSARBEN DRIVE, OMAHA NE 68106
James D Anderson director 1811 AKSARBEN DRIVE, OMAHA NE 68106
Van Der Meulen Leslie officer: EVP Product Mktg & Innovation 1811 AKSARBEN DRIVE, OMAHA NE 68106
Alain Treuer director 9420 UNDERWOOD AVE., SUITE 100, OMAHA NE 68114
Michelle Mapes officer: Exe VP, Gen Counsel & Corp Sec 1811 AKSARBEN DRIVE, OMAHA NE 68106
Brian Peterson director 1739 CHARLES AVE., LAWTON IA 51030
Knudsen Ejnar A Iii director 1811 AKSARBEN DRIVE, OMAHA NE 68106
Chris Osowski officer: EVP Operations and Technology 1811 AKSARBEN DRIVE, OMAHA NE 68106
James E Stark officer: Chief Financial Officer 1811 AKSARBEN DRIVE, OMAHA NE 68106
Herbert James F Ii officer: Chief Human Resources Officer 1811 AKSARBEN DRIVE, OMAHA NE 68106
Grant D Kadavy officer: EVP Commercial Operations 1811 AKSARBEN DRIVE, OMAHA NE 68106
Paul E Kolomaya officer: EVP - Commodity Finance 1811 AKSARBEN DRIVE, OMAHA NE 68106
Farha Aslam director 1770 N PROMOTORY CIRCLE, GREELEY CO 80634
Hagstrom William J. Iii officer: EVP Strategy and Development 1811 AKSARBEN DR, OMAHA NE 68106
Martin Salinas director 1001 NOBLE ENERGY WAY, HOUSTON TX 77070