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Benson Hill (Benson Hill) Effective Interest Rate on Debt % : 34.23% (As of Dec. 2023)


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What is Benson Hill 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. Benson Hill's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $58.6 Mil. Benson Hill's average total debt for the quarter that ended in Dec. 2023 was $171.1 Mil. Therefore, Benson Hill's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 34.23%.


Benson Hill Effective Interest Rate on Debt % Historical Data

The historical data trend for Benson Hill'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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Benson Hill Effective Interest Rate on Debt % Chart

Benson Hill Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- 10.02 3.92 12.23 21.03

Benson Hill Quarterly Data
Dec19 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 11.39 13.49 14.28 14.69 34.23

Competitive Comparison of Benson Hill's Effective Interest Rate on Debt %

For the Agricultural Inputs subindustry, Benson Hill'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.


Benson Hill's Effective Interest Rate on Debt % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Benson Hill's Effective Interest Rate on Debt % distribution charts can be found below:

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



Benson Hill Effective Interest Rate on Debt % Calculation

Benson Hill'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  *  -35.064/( (187.637+145.83)/ 2 )
=-1  *  -35.064/166.7335
=21.03 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=181.713 + 5.924
=187.637

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=85.435 + 60.395
=145.83

Benson Hill'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  *  -58.556/( (196.3+145.83)/ 2 )
=-1  *  -58.556/171.065
=34.23 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=155.328 + 40.972
=196.3

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=85.435 + 60.395
=145.83

* 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.


Benson Hill  (NYSE:BHIL) Effective Interest Rate on Debt % Explanation

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


Benson Hill Effective Interest Rate on Debt % Related Terms

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Benson Hill (Benson Hill) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1001 North Warson Road, Saint Louis, MO, USA, 63132
Benson Hill Inc is a food technology company. It operates in one segment Ingredients. The ingredients segment is currently focused on commercializing soybean and yellow pea products, including soy-based specialty vegetable oils, aquaculture and animal feed, and ultra-high protein soy-based ingredients that have the potential to eliminate costly water and energy-intensive processing associated with producing products for the food and feed markets, alleviating supply constraints to help bring plant-based proteins to scale.
Executives
Bruce Tyler Bennett officer: President, Ingredients C/O BENSON HILL, INC., 1001 N. WARSON RD., ST. LEWIS MO 63132
Richard L Mack director 9590 SKY LANE, EDEN PRAIRIE MN 55347
Yevgeny Fundler officer: Chief Legal Officer, other: Corporate Secretary 1001 NORTH WARSON ROAD, ST. LOUIS MO 63132
Jason Bull officer: Chief Technology Officer C/O BENSON HILL, INC., 1001 N. WARSON RD., ST. LEWIS MO 63132
Dean P Freeman officer: Chief Financial Officer C/O BENSON HILL, INC.,1001 N WARSON RD, SAINT LOUIS MO 63132
Matthew B. Crisp director, officer: President and CEO C/O BENSON HILL, INC., 1001 N. WARSON RD., ST. LEWIS MO 63132
Montgomery Molly director 739 MILLER AVENUE, MILL VALLEY CA 94941
David J. Lee director C/O ZYNGA INC., 699 8TH STREET, SAN FRANCISCO CA 94103
Deann L Brunts director, officer: Chief Financial Officer C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Adrienne Elsner director ONE OWENS CORNING PKWY, TOLEDO OH 43659
Linda Whitley-taylor director C/O BENSON HILL, INC., 1001 NORTH WARSON ROAD, SAINT LOUIS MO 63132
Stephan Dolezalek director C/O BENSON HILL, INC., 1001 N. WARSON RD., ST. LEWIS MO 63132
Daniel Jacobi director C/O BENSON HILL, INC., 1001 N. WARSON RD., ST. LEWIS MO 63132
Michael D. Wilds officer: CFO and CAO C/O MAGNETAR CAPITAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Star Peak Sponsor Ii Llc 10 percent owner 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201