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LNT (Alliant Energy) Effective Interest Rate on Debt % : 4.46% (As of Sep. 2024)


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What is Alliant Energy 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. Alliant Energy's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $456 Mil. Alliant Energy's average total debt for the quarter that ended in Sep. 2024 was $10,218 Mil. Therefore, Alliant Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 4.46%.


Alliant Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Alliant Energy'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.

Alliant Energy Effective Interest Rate on Debt % Chart

Alliant Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.81 4.25 3.77 4.11 4.61

Alliant Energy 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 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 4.31 5.56 4.46 4.45 4.46

Competitive Comparison of Alliant Energy's Effective Interest Rate on Debt %

For the Utilities - Regulated Electric subindustry, Alliant Energy'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.


Alliant Energy's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Alliant Energy's Effective Interest Rate on Debt % distribution charts can be found below:

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



Alliant Energy Effective Interest Rate on Debt % Calculation

Alliant Energy'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  *  -420/( (8718+9509)/ 2 )
=-1  *  -420/9113.5
=4.61 %

where

Alliant Energy'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  *  -456/( (9756+10679)/ 2 )
=-1  *  -456/10217.5
=4.46 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9245 + 1434
=10679

* 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.


Alliant Energy  (NAS:LNT) Effective Interest Rate on Debt % Explanation

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


Alliant Energy Effective Interest Rate on Debt % Related Terms

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Alliant Energy Business Description

Traded in Other Exchanges
Address
4902 North Biltmore Lane, Madison, WI, USA, 53718
Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light, serving nearly 1 million electric customers and 425,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission Co.
Executives
Lisa M Barton officer: President and COO AMERICAN ELECTRIC POWER COMPANY, INC., 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Raja Sundararajan officer: Executive Vice President 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Ignacio A Cortina director 1917 FOUR WHEEL DRIVE, OSHKOSH WI 54902
Stephanie Cox director C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE 17TH FLOOR, HOUSTON TX 77056
Nancy Joy Falotico director ONE AMERICAN ROAD, DEARBORN MI 48126
Michael Luhrs officer: Senior Vice President P.O. BOX 14720, MADISON WI 53708-0720
Michael Dennis Garcia director C/O DOMTAR CORPORATION, 234 KINGSLEY PARK DRIVE, FORT MILL SC 29715
De Leon David A officer: Senior Vice President P.O. BOX 14720, MADISON WI 53708-0720
James H Gallegos officer: Sr. V.P.-Gen. Cnsl.-Corp. Sec. 1 WATER STREET, CAMDEN NJ 08102-1658
Patricia L Kampling officer: VICE PRESIDENT PO BOX 2568, MADISON WI 53701
Jillian C. Evanko director 1 INFINITY CORPORATE CENTRE DRIVE, GARFIELD HEIGHTS OH 44125
Terry L Kouba officer: Senior Vice President P.O. BOX 14720, MADISON WI 53708-0720
Deborah B. Dunie director 1710 SAIC DRIVE, MCLEAN VA 22102
Roger K Newport director 703 CURTIS STREET, MIDDLETOWN OH 45043
Wayne A Reschke officer: Senior Vice President P O BOX 14720, MADISON WI 53708