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NRG Energy (NRG Energy) Effective Interest Rate on Debt % : 6.82% (As of Dec. 2023)


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What is NRG 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. NRG Energy's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $780 Mil. NRG Energy's average total debt for the quarter that ended in Dec. 2023 was $11,436 Mil. Therefore, NRG Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.82%.


NRG Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for NRG 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.

NRG Energy Effective Interest Rate on Debt % Chart

NRG Energy 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 6.37 5.18 5.60 5.03 6.92

NRG Energy 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 5.01 5.67 4.85 5.72 6.82

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

For the Utilities - Independent Power Producers subindustry, NRG 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.


NRG Energy's Effective Interest Rate on Debt % Distribution in the Utilities - Independent Power Producers Industry

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

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



NRG Energy Effective Interest Rate on Debt % Calculation

NRG Energy'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  *  -667/( (8302+10971)/ 2 )
=-1  *  -667/9636.5
=6.92 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10261 + 710
=10971

NRG Energy'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  *  -780/( (11900+10971)/ 2 )
=-1  *  -780/11435.5
=6.82 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10889 + 1011
=11900

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10261 + 710
=10971

* 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.


NRG Energy  (NYSE:NRG) Effective Interest Rate on Debt % Explanation

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


NRG Energy Effective Interest Rate on Debt % Related Terms

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NRG Energy (NRG Energy) Business Description

Traded in Other Exchanges
Address
910 Louisiana Street, Houston, TX, USA, 77002
NRG Energy is one of the largest retail energy providers in the U.S., with 5.5 million customers. Its 2023 acquisition of Vivint Smart Home adds 1.9 million home services customers. NRG also is one of the largest U.S. independent power producers, with 13 gigawatts of coal, gas, and oil power generation capacity primarily in Texas. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.
Executives
Rasesh M. Patel officer: Exec VP, Vivint C/O VIVINT SMART HOME, INC., 4931 NORTH 300 WEST, PROVO UT 84604
Elisabeth B Donohue director C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202
Heather Cox director 804 CARNEGIE CENTER, PRINCETON NJ 08540
Paul W Hobby director 4400 POST OAK PARKWAY, HOUSTON TX 77027
Lawrence S Coben director SUNRISE CAPITAL, 685 THIRD AVE 15TH FLOOR, NEW YORK NY 10017-4024
Mauricio Gutierrez officer: Exec VP & Chief Operating Ofc 211 CARNEGIE CENTER, PRINCETON NJ 08540
Antonio Carrillo director 500 N AKARD ST. SUITE 400, DALLAS TX 75201
Bruce Chung officer: EVP, Strategy and NRG Services 804 CARNEGIE CENTER, PRINCETON NJ 08540
Emily Picarello officer: Vice Pres & Corp Controller 804 CARNEGIE CENTER, PRINCETON NJ 08540
Robert J Gaudette officer: Senior VP, Business Solutions 1155 PERIMETER CENTER WEST, ATLANTA GA 30342
Elizabeth R Killinger officer: Sr. VP & President,NRG Retail NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Christopher Moser officer: Exec Vice Pres, Operations 804 CARNEGIE CENTER, PRINCETON NJ 08540
David Callen officer: Chief Accounting Offficer NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Alberto Fornaro officer: Executive Vice Pres & CFO 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Gaetan Frotte officer: Interim CFO, Sr VP & Treasurer 804 CARNEGIE CENTER, PRINCETON NJ 08540

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