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Hyliion Holdings (Hyliion Holdings) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is Hyliion 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. Hyliion Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.00 Mil. Hyliion Holdings's average total debt for the quarter that ended in Mar. 2024 was $7.64 Mil. Therefore, Hyliion Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.


Hyliion Holdings Effective Interest Rate on Debt % Historical Data

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

Hyliion Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
14.71 37.85 - - -

Hyliion Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

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

For the Auto Parts subindustry, Hyliion 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.


Hyliion Holdings's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hyliion Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Hyliion Holdings Effective Interest Rate on Debt % Calculation

Hyliion Holdings'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  *  0/( (7.319+7.639)/ 2 )
=-1  *  0/7.479
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.972 + 0.347
=7.319

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.792 + 0.847
=7.639

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  0/( (7.639+7.643)/ 2 )
=-1  *  0/7.641
=0.00 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.792 + 0.847
=7.639

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.207 + 1.436
=7.643

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


Hyliion Holdings  (NYSE:HYLN) Effective Interest Rate on Debt % Explanation

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


Hyliion Holdings Effective Interest Rate on Debt % Related Terms

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Hyliion Holdings (Hyliion Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1202 BMC Drive, Suite 100, Cedar Park, TX, USA, 78613
Hyliion Holdings Corp is a provider of electrified solutions for the commercial vehicle industry as well as other industries. The company focuses on reducing the carbon intensity and greenhouse gas emissions of the transportation sector by providing electrified powertrain solutions for Class 8 commercial vehicles at the lowest total cost of ownership. It is currently developing two powertrain systems: Hybrid system and Hypertruck ERX system.
Executives
Knight Robert M Jr director UNION PACIFIC CORP, 1416 DODGE ST, OMAHA NE 68179
Cheri Lantz officer: CHIEF STRATEGY OFFICER C/O HYLIION HOLDING CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Thomas J. Healy director, 10 percent owner, officer: Chief Executive Officer C/O HYLIION HOLDINGS CORP., 5100 W. 115TH PLACE, LEAWOOD KS 66211
Dennis M. Gallagher officer: Chief Operating Officer C/O HYLIION HOLDING CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Jeffrey A Craig director MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Vincent T. Cubbage director 725 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10022
Jon Panzer officer: Chief Financial Officer C/O HYLIION HOLDING CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Card Andrew H Jr director 5747 N 4TH STREET, ARLINGTON VA 22205
Melanie Montague Trent director 2800 POST OAK BLVD., SUITE 5450, HOUSTON TX 7056
Rodger L Boehm director 165 WESTVIEW ROAD, WINNETKA IL 60093
Richard Joseph Freeland director 927 JUNCO DRIVE, COLUMBUS IN 47201
Jose Miguel Oxholm officer: VP, General Counsel and CCO C/O HYLIION HOLDINGS CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Patrick Sexton officer: Chief Technology Officer C/O HYLIION HOLDINGS CORP., 5100 W. 115TH PLACE, LEAWOOD KS 66211
Edward E Olkkola director 300 WEST SIXTH STREET STE.2300, AUSTIN TX 78701
Sherri Baker director 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275