GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Great Plains Energy Inc (NYSE:GXPPRECL.PFD) » Definitions » Effective Interest Rate on Debt %

Great Plains Energy (Great Plains Energy) Effective Interest Rate on Debt % : 4.49% (As of Mar. 2018)


View and export this data going back to 1972. Start your Free Trial

What is Great Plains Energy 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. Great Plains Energy's annualized positive value of Interest Expense for the quarter that ended in Mar. 2018 was $192.40 Mil. Great Plains Energy's average total debt for the quarter that ended in Mar. 2018 was $4,283.95 Mil. Therefore, Great Plains Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2018 was 4.49%.


Great Plains Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Great Plains Energy'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.

Great Plains Energy Effective Interest Rate on Debt % Chart

Great Plains Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.26 4.82 4.88 3.84 6.85

Great Plains Energy 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 4.13 6.72 1.94 4.60 4.49

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

For the Utilities - Regulated Electric subindustry, Great Plains Energy'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.


Great Plains Energy's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

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

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



Great Plains Energy Effective Interest Rate on Debt % Calculation

Great Plains Energy's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2017 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2016 )+Total Debt  (A: Dec. 2017 ))/ count )
=-1  *  -290.7/( (4254.5+4231.5)/ 2 )
=-1  *  -290.7/4243
=6.85 %

where

Total Debt  (A: Dec. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3365.2 + 889.3
=4254.5

Total Debt  (A: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3312.6 + 918.9
=4231.5

Great Plains Energy'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  *  -192.4/( (4231.5+4336.4)/ 2 )
=-1  *  -192.4/4283.95
=4.49 %

where

Total Debt  (Q: Dec. 2017 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3312.6 + 918.9
=4231.5

Total Debt  (Q: Mar. 2018 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3608.5 + 727.9
=4336.4

* 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.


Great Plains Energy  (NYSE:GXPPRECL.PFD) Effective Interest Rate on Debt % Explanation

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


Great Plains Energy Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Great Plains Energy's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Great Plains Energy (Great Plains Energy) Business Description

Traded in Other Exchanges
N/A
Address
Great Plains Energy is the holding company of Kansas City Power & Light and Greater Missouri Operations. The two regulated utilities provide electric service to roughly 900,000 customers in the Kansas City area and nearby western Missouri and eastern Kansas. The company has about 6.5 gigawatts of generating capacity. More than 80% of its electricity generation is from coal-fired plants, approximately 15% comes from its co-owned Wolf Creek nuclear plant, and the remainder is from gas, oil, and wind farms.

Great Plains Energy (Great Plains Energy) Headlines

From GuruFocus

Great Plains Energy Inc. (GXP) CFO James C Shay buys 1,250 Shares

By GuruFocus Research GuruFocus Editor 11-04-2010

Great Plains Energy Inc. (GXP) CFO James C Shay buys 1,250 Shares

By GuruFocus Research GuruFocus Editor 08-20-2010