GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HSBC USA Inc (NYSE:HUSIPRFCL.PFD) » Definitions » Effective Interest Rate on Debt %

HSBC USA (HSBC USA) Effective Interest Rate on Debt % : 3.14% (As of Mar. 2016)


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

What is HSBC USA 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. HSBC USA's annualized positive value of Interest Expense for the quarter that ended in Mar. 2016 was $1,304.00 Mil. HSBC USA's average total debt for the quarter that ended in Mar. 2016 was $41,463.00 Mil. Therefore, HSBC USA's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2016 was 3.14%.


HSBC USA Effective Interest Rate on Debt % Historical Data

The historical data trend for HSBC USA'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.

HSBC USA Effective Interest Rate on Debt % Chart

HSBC USA Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 3.05 3.02 2.38 1.81 2.62

HSBC USA Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 2.13 2.20 2.59 2.83 3.14

Competitive Comparison of HSBC USA's Effective Interest Rate on Debt %

For the Banks - Diversified subindustry, HSBC USA'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.


HSBC USA's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, HSBC USA's Effective Interest Rate on Debt % distribution charts can be found below:

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



HSBC USA Effective Interest Rate on Debt % Calculation

HSBC USA's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2014 )+Total Debt  (A: Dec. 2015 ))/ count )
=-1  *  -1031/( (40319+38504)/ 2 )
=-1  *  -1031/39411.5
=2.62 %

where

Total Debt  (A: Dec. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=27524 + 12795
=40319

Total Debt  (A: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=33509 + 4995
=38504

HSBC USA's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2016 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2015 )+Total Debt  (Q: Mar. 2016 ))/ count )
=-1  *  -1304/( (38504+44422)/ 2 )
=-1  *  -1304/41463
=3.14 %

where

Total Debt  (Q: Dec. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=33509 + 4995
=38504

Total Debt  (Q: Mar. 2016 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=34525 + 9897
=44422

* 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. 2016) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


HSBC USA  (NYSE:HUSIPRFCL.PFD) Effective Interest Rate on Debt % Explanation

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


HSBC USA Effective Interest Rate on Debt % Related Terms

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


HSBC USA (HSBC USA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
HSBC USA Inc is a national banking association. The Company through HSBC Bank USA offers commercial and consumer banking products and related financial services. Its customers include individuals, small businesses, institutions and governments.
Executives
Stuart A Alderoty officer: Sr Ex V.P. and General Counsel C/O CIT GROUP INC. 11 WEST 42ND STREET NEW YORK NY 10036
Jane Cecile Sherburne director ONE WALL STREET, NEW YORK NY 10286
Robert Herdman director ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Mark Alan Zaeske officer: SEVP and CFO 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Thomas K Whitford director 249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222
Gregory T Zeeman officer: EVP and Chief Operating Off C/O HSBC NORTH AMERICA, 26525 N. RIVERWOODS BLVD., METTAWA IL 60045
Eric K Ferren officer: Exec VP & Chief Acctg Officer C/O THE ALLSTATE CORPORATION, 2775 SANDERS ROAD, NORTHBROOK IL 60062
Lisa M Sodeika officer: EVP-Communications C/O DEVRY EDUCATION GROUP, 3005 HIGHLAND PARKWAY, DOWNERS GROVE IL 60515
John T Mcginnis officer: SEVP and CFO C/O MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Kevin M Blakely director HUNTINGTON CENTER, 41 S. HIGH STREET, COLUMBUS OH 43287
Gary E Peterson officer: SEVP, Chief Compliance Officer C/O HSBC BANK USA, N.A., 11 WEST 42ND STREET, NEW YORK NY 10036
Patrick A Cozza officer: SEVP, Reg Head of Insurance C/O HSBC INSURANCE, 545 WASHINGTON BLVD, JERSEY CITY NJ 07310
Louis Jr Hernandez director AVID, 75 NETWORK DRIVE, BURLINGTON MA 01803
Mary E Bilbrey officer: EVP, Hd of Human Resources USA C/O HSBC NORTH AMERICA HOLDINGS INC., 452 FIFTH AVENUE NY 10018
Nancy G. Mistretta director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041

HSBC USA (HSBC USA) Headlines

No Headlines