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Xcel Energy (Xcel Energy) Effective Interest Rate on Debt % : 3.95% (As of Mar. 2024)


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What is Xcel 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. Xcel Energy's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $1,108 Mil. Xcel Energy's average total debt for the quarter that ended in Mar. 2024 was $28,067 Mil. Therefore, Xcel Energy's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 3.95%.


Xcel Energy Effective Interest Rate on Debt % Historical Data

The historical data trend for Xcel 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.

Xcel Energy Effective Interest Rate on Debt % Chart

Xcel 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 3.77 3.61 3.48 3.64 3.75

Xcel Energy Quarterly Data
Jun19 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 Premium Member Only 3.73 3.88 3.66 4.01 3.95

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

For the Utilities - Regulated Electric subindustry, Xcel 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.


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

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

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



Xcel Energy Effective Interest Rate on Debt % Calculation

Xcel 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  *  -1004/( (26032+27514)/ 2 )
=-1  *  -1004/26773
=3.75 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23851 + 2181
=26032

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=25951 + 1563
=27514

Xcel Energy'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  *  -1108/( (27514+28619)/ 2 )
=-1  *  -1108/28066.5
=3.95 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=25951 + 1563
=27514

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=27376 + 1243
=28619

* 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.


Xcel Energy  (NAS:XEL) Effective Interest Rate on Debt % Explanation

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


Xcel Energy Effective Interest Rate on Debt % Related Terms

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


Xcel Energy (Xcel Energy) Business Description

Industry
Traded in Other Exchanges
Address
414 Nicollet Mall, Minneapolis, MN, USA, 55401
Xcel Energy manages utilities serving 3.8 million electric customers and 2.1 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan; Public Service Company of Colorado; and Southwestern Public Service Company, which serves customers in Texas and New Mexico. It is one of the largest renewable energy owners and suppliers in the U.S. with more than half of its electricity sales coming from carbon-free energy.
Executives
Robert Frenzel director, officer: Chairman, President and CEO 414 NICOLLET MALL, MINNEAPOLIS MN 55401
Amanda J Rome officer: EVP, Group President Utilities 414 NICOLLET MALL, MINNEAPOLIS MN 55401
Timothy A Welsh director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Netha N. Johnson director 3489 CRESTMOOR DRIVE, WOODBURY MN 55125
Patricia L Kampling director PO BOX 2568, MADISON WI 53701
Megan D Burkhart director 1717 MAIN STREET, DALLAS TX 75201
George J Kehl director 414 NICOLLET MALL, MINNEAPOLIS MN 55401
James T Prokopanko director 25990 BIRCH BLUFF ROAD, EXCELSIOR MN 55331
Lynn Casey director 414 NICOLLET MALL, MINNEAPOLIS MN 55401
Kim Williams director C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Richard T Obrien director 6363 SOUTH FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Charles G Pardee director 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603
Daniel Yohannes director 414 NICOLLET MALL, MINNEAPOLIS MN 55014
Christopher J. Policinski director 4001 LEXINGTON AVENUE N., ARDEN HILLS MN 55126
Brett C Carter officer: EVP, Group President Utilitie, other: Chief Customer Officer 414 NICOLLET MALL, 401-9, MINNEAPOLIS MN 55401

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