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HTH (Hilltop Holdings) Effective Interest Rate on Debt % : 60.46% (As of Dec. 2024)


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What is Hilltop Holdings 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. Hilltop Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $412 Mil. Hilltop Holdings's average total debt for the quarter that ended in Dec. 2024 was $682 Mil. Therefore, Hilltop Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 60.46%.


Hilltop Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Hilltop Holdings'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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Hilltop Holdings Effective Interest Rate on Debt % Chart

Hilltop Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.04 11.46 14.99 52.89 62.39

Hilltop Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 63.67 63.31 60.54 62.19 60.46

Competitive Comparison of Hilltop Holdings's Effective Interest Rate on Debt %

For the Financial Conglomerates subindustry, Hilltop Holdings'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.


Hilltop Holdings's Effective Interest Rate on Debt % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Hilltop Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Hilltop Holdings Effective Interest Rate on Debt % Calculation

Hilltop Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -418.591/( (656.477+685.317)/ 2 )
=-1  *  -418.591/670.897
=62.39 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=456.147 + 200.33
=656.477

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=456.77 + 228.547
=685.317

Hilltop Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -412.424/( (678.915+685.317)/ 2 )
=-1  *  -412.424/682.116
=60.46 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=458.332 + 220.583
=678.915

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=456.77 + 228.547
=685.317

* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Hilltop Holdings  (NYSE:HTH) Effective Interest Rate on Debt % Explanation

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


Hilltop Holdings Effective Interest Rate on Debt % Related Terms

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Hilltop Holdings Business Description

Traded in Other Exchanges
Address
6565 Hillcrest Avenue, Dallas, TX, USA, 75205
Hilltop Holdings Inc is a Dallas-based financial holding company. The Company has two primary business units, PCC (banking and mortgage origination) and Securities Holdings (broker-dealer). The banking segment includes the operations of the Bank. The banking segment provides business and consumer banking services from offices located throughout Texas and generates revenue from its portfolio of earning assets. The broker-dealer segment includes the operations of Securities Holdings, which operates through its wholly owned subsidiaries Hilltop Securities, Asset Managment LLC, etc. The broker-dealer segment generates a majority of its revenues from fees and commissions earned from investment advisory and securities brokerage services. Majority of revenue is from Banking Segment.
Executives
Keith E. Bornemann officer: Principal Accounting Officer 3322 WEST END AVENUE, NASHVILLE TN 37203
Martin Bradley Winges officer: Hilltop Securities CEO 800 NICOLLET MALL, MINNEAPOLIS MN MN
Hill A Feinberg director, officer: CEO First Southwest Holdings 3131 MAPLE AVENUE #14-E, DALLAS TX 75201-1206
Nichols W Robert Iii director 200 CRESCENT COURT, SUITE 1330, DALLAS TX 75201
Jerry Schaffner officer: Pres & CEO, PlainsCapital Bank C/O PLAINSCAPITAL CORPORATION, 2323 VICTORY AVENUE, SUITE 1400, DALLAS TX 75219
Lee Lewis director C/O PLAINSCAPITAL CORPORATION, 2323 VICTORY AVENUE, SUITE 1400, DALLAS TX 75219
Tom C Nichols director 4500 MERCANTILE PLAZA DRIVE, SUITE 300, FORT WORTH TX 76137
Darren E Parmenter officer: Vice President - Finance 200 CRESCENT COURT, SUITE 1330, DALLAS TX 75201
Jonathan S Sobel director, officer: Hilltop Securities Chairman C/O GOLDMAN SACHS, 85 BROAD STREET, NEW YORK NY 10004
Alan B White director, officer: CEO, PlainsCapital Corp. C/O PLAINSCAPITAL CORPORATION, 2323 VICTORY AVENUE, SUITE 1400, DALLAS TX 75219
Gerald J Ford director 200 CRESCENT CT STE 1350, DALLAS TX 75201
Diamond Hth Stock Co Gp, Llc 10 percent owner 200 CRESCENT COURT, SUITE 1350, DALLAS TX 75201
Turtle Creek Revocable Trust 10 percent owner 200 CRESCENT COURT, SUITE 1350, DALLAS TX 75201
Diamond Hth Stock Company, Lp 10 percent owner 200 CRESCENT COURT, SUITE 1350, DALLAS TX 75201
Charles Clifton Robinson director 900 AUSTIN AVENUE, 12TH FLOOR, WACO TX 76701