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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 Sep. 2024 was $0.00 Mil. Hyliion Holdings's average total debt for the quarter that ended in Sep. 2024 was $6.56 Mil. Therefore, Hyliion Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.00%.
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.
Hyliion Holdings Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Effective Interest Rate on Debt % | 14.71 | 37.85 | - | - | - |
Hyliion Holdings Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Effective Interest Rate on Debt % | Get a 7-Day Free Trial | - | - | - | - | - |
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.
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'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 Sep. 2024 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (Q: Jun. 2024 ) | + | Total Debt (Q: Sep. 2024 )) | / count ) |
= | -1 * 0 | / | ( (6.595 | + | 6.528) | / 2 ) |
= | -1 * 0 | / | 6.5615 | |||
= | 0.00 % |
where
Total Debt (Q: Jun. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 5.61 | + | 0.985 |
= | 6.595 |
Total Debt (Q: Sep. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 4.997 | + | 1.531 |
= | 6.528 |
* 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 (Sep. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Hyliion Holdings (AMEX:HYLN) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Thank you for viewing the detailed overview of Hyliion Holdings's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Vincent T. Cubbage | director | 725 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10022 |
Jeffrey A Craig | director | MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084 |
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 |
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 |
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