Ford Motor Co (MIL:1F) Effective Interest Rate on Debt % : 0.69% (As of Sep. 2024)

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What is Ford Motor Co 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. Ford Motor Co's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was €984 Mil. Ford Motor Co's average total debt for the quarter that ended in Sep. 2024 was €142,659 Mil. Therefore, Ford Motor Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.69%.

Ford Motor Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Ford Motor Co'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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Ford Motor Co Effective Interest Rate on Debt % Chart

Ford Motor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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0.68

0.99

1.24

0.95

0.89

Ford Motor Co 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															0.92	0.99	0.77	0.74	0.69

Competitive Comparison of Ford Motor Co's Effective Interest Rate on Debt %

For the Auto Manufacturers subindustry, Ford Motor Co'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.

Ford Motor Co's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Ford Motor Co's Effective Interest Rate on Debt % falls into.

Ford Motor Co Effective Interest Rate on Debt % Calculation

Ford Motor Co'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 * -1208.606	/	( (132607.456	+	138565.119)	/ 2 )
=	-1 * -1208.606	/	135586.2875
=	0.89 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	84871.264	+	47736.192
=	132607.456

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	92577.569	+	45987.55
=	138565.119

Ford Motor Co'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 * -983.892	/	( (142039.455	+	143278.822)	/ 2 )
=	-1 * -983.892	/	142659.1385
=	0.69 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	94595.425	+	47444.03
=	142039.455

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	94831.151	+	48447.671
=	143278.822

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.

Ford Motor Co (MIL:1F) Effective Interest Rate on Debt % Explanation

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

Ford Motor Co Effective Interest Rate on Debt % Related Terms

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Ford Motor Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ford Motor Co (MIL:1F) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

F:USA F:Peru F:Mexico F_KZ:Kazakhstan FMC1d:UK FMC1:Germany FMC1:Germany FMC1:Germany FMC1:Germany F:Canada FDMO34:Brazil FORD:Austria

Address

One American Road, Dearborn, MI, USA, 48126

Website

https://www.ford.com

Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has nearly 13% market share in the United States, about 11% share in the UK, and under 2% share in China including unconsolidated affiliates. Sales in the US made up about 66% of 2023 total company revenue. Ford has about 177,000 employees, including about 59,000 UAW employees, and is based in Dearborn, Michigan.

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