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Hannon Armstrong Sustainable Infrastructure Capital (Hannon Armstrong Sustainable Infrastructure Capital) Effective Interest Rate on Debt % : 5.12% (As of Dec. 2023)


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What is Hannon Armstrong Sustainable Infrastructure Capital 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. Hannon Armstrong Sustainable Infrastructure Capital's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $202.4 Mil. Hannon Armstrong Sustainable Infrastructure Capital's average total debt for the quarter that ended in Dec. 2023 was $3,952.5 Mil. Therefore, Hannon Armstrong Sustainable Infrastructure Capital's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.12%.


Hannon Armstrong Sustainable Infrastructure Capital Effective Interest Rate on Debt % Historical Data

The historical data trend for Hannon Armstrong Sustainable Infrastructure Capital'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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Hannon Armstrong Sustainable Infrastructure Capital Effective Interest Rate on Debt % Chart

Hannon Armstrong Sustainable Infrastructure Capital 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 4.88 5.15 5.20 4.23 4.74

Hannon Armstrong Sustainable Infrastructure Capital 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 4.28 4.70 4.82 5.00 5.12

Competitive Comparison of Hannon Armstrong Sustainable Infrastructure Capital's Effective Interest Rate on Debt %

For the REIT - Specialty subindustry, Hannon Armstrong Sustainable Infrastructure Capital'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.


Hannon Armstrong Sustainable Infrastructure Capital's Effective Interest Rate on Debt % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hannon Armstrong Sustainable Infrastructure Capital's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Hannon Armstrong Sustainable Infrastructure Capital's Effective Interest Rate on Debt % falls into.



Hannon Armstrong Sustainable Infrastructure Capital Effective Interest Rate on Debt % Calculation

Hannon Armstrong Sustainable Infrastructure Capital'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  *  -171.008/( (2975.288+4247.42)/ 2 )
=-1  *  -171.008/3611.354
=4.74 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2975.288 + 0
=2975.288

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4247.42 + 0
=4247.42

Hannon Armstrong Sustainable Infrastructure Capital'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  *  -202.38/( (3657.666+4247.42)/ 2 )
=-1  *  -202.38/3952.543
=5.12 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3657.666 + 0
=3657.666

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4247.42 + 0
=4247.42

* 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.


Hannon Armstrong Sustainable Infrastructure Capital  (NYSE:HASI) Effective Interest Rate on Debt % Explanation

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


Hannon Armstrong Sustainable Infrastructure Capital Effective Interest Rate on Debt % Related Terms

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Hannon Armstrong Sustainable Infrastructure Capital (Hannon Armstrong Sustainable Infrastructure Capital) Business Description

Traded in Other Exchanges
Address
One Park Place, Suite 200, Annapolis, MD, USA, 21401
Hannon Armstrong Sustainable Infrastructure Capital Inc provides debt and equity financing to the energy markets in the United States. The company focuses on investments in two types of projects: energy-efficiency projects and renewable-energy projects. Energy-efficiency projects reduce the energy use and energy cost of building or facility through the improvement or installation of building components including heat, ventilation, and air conditioning systems; lights; energy controls; roofs; windows; building shells; and heat and power systems. Renewable-energy projects deploy cleaner energy sources such as solar and wind to generate power production. The company also provides financing solutions for other projects to improve energy efficiency and the environment.
Executives
Clarence D Armbrister director C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Richard Santoroski officer: EVP and Chief Risk Officer 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Marc T. Pangburn officer: EVP and Co-CIO C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Jeffrey Lipson officer: Chief Financial Officer C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Teresa Brenner director 1906 TOWNE CENTRE BLVD, SUITE 370, ANNAPOLIS MD 21401
Richard J Osborne director C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD, SUITE 370, ANNAPOLIS MD 21401
Jeffrey Eckel director, officer: Chairman, President & CEO 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Nathaniel Rose officer: EVP & COO 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Daniel K. Mcmahon officer: EVP 1906 TOWNE CENTRE BLVD, SUITE 370, ANNAPOLIS MD 21401
Charles Melko officer: Chief Accounting Officer C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Steven Chuslo officer: General Counsel & EVP 1906 TOWNE CENTRE BLVD., SUITE 370, ANNAPOLIS MD 21401
Susan D Nickey officer: EVP and Chief Client Officer C/O HANNON ARMSTRONG, 1906 TOWNE CENTRE BLVD. SUITE 370, ANNAPOLIS MD 21401
Kimberly A. Reed director C/O MOMENTUS INC., 3050 KENNETH ST., SANTA CLARA CA 95054
Steven G Osgood director 6745 ENGLE ROAD, SUITE 300, MIDDLEBURG HEIGHTS OH 44130
Lizabeth A Ardisana director 328 S. SAGINAW ST., FLINT MI 48430