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Avista (Avista) Effective Interest Rate on Debt % : 4.78% (As of Dec. 2023)


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What is Avista 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. Avista's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $142 Mil. Avista's average total debt for the quarter that ended in Dec. 2023 was $2,972 Mil. Therefore, Avista's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.78%.


Avista Effective Interest Rate on Debt % Historical Data

The historical data trend for Avista'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.

Avista Effective Interest Rate on Debt % Chart

Avista 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 4.59 4.35 4.09 4.17 4.70

Avista Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.41 4.76 4.77 4.76 4.78

Competitive Comparison of Avista's Effective Interest Rate on Debt %

For the Utilities - Diversified subindustry, Avista'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.


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

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

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



Avista Effective Interest Rate on Debt % Calculation

Avista'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  *  -139.666/( (2915.839+3033.559)/ 2 )
=-1  *  -139.666/2974.699
=4.70 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2439.339 + 476.5
=2915.839

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2669.559 + 364
=3033.559

Avista's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -142.14/( (2910.296+3033.559)/ 2 )
=-1  *  -142.14/2971.9275
=4.78 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2688.796 + 221.5
=2910.296

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2669.559 + 364
=3033.559

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Avista  (NYSE:AVA) Effective Interest Rate on Debt % Explanation

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


Avista Effective Interest Rate on Debt % Related Terms

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Avista (Avista) Business Description

Industry
Traded in Other Exchanges
Address
1411 East Mission Avenue, Spokane, WA, USA, 99202-2600
Avista Corp is an electric and natural gas utility company headquartered in Spokane, Washington. Avista primarily operates in the Pacific Northwest of the United States along with some operations in Juneau, Alaska. The company has two major business segments including Avista Utilities, which provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho and also provides natural gas distribution service in parts of northeastern and southwestern Oregon. Avista Utilities has electric generating facilities in Washington, Idaho, Oregon and Montana. AEL&P is a regulated utility providing electric services in Juneau, Alaska that is a wholly-owned subsidiary and the primary operating subsidiary of AERC.
Executives
Donald C Burke director C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
James M Kensok officer: Vice President & CIO 1411 E MISSION AVENUE, SPOKANE WA 99202
Scott L Morris officer: Sr. Vice President 1411 E MISSION AVE, SPOKANE WA 99202
David J Meyer officer: Sr. VP & General Counsel 1411 E MISSION AVE, SPOKANE WA 99202
Jason R Thackston officer: Vice President 1411 E MISSION AVENUE, SPOKANE WA 99202
Wayne O Manuel officer: Vice President 1411 E MISSION, SPOKANE WA 99202
Mark T Thies officer: Sr. Vice President & CFO 1411 E. MISSION AVENUE, SPOKANE WA 99202
Kevin B Jacobsen director, other: Incoming Board Member 1221 BROADWAY, OAKLAND CA 94612
Bryan Alden Cox officer: Vice President 1411 E MISSION AVENUE, SPOKANE WA 99202
Scott J Kinney officer: Vice President 1411 E MISSION AVE, SPOKANE WA 99202
Joshua D Diluciano officer: Vice President 1411 E MISSION AVE, SPOKANE WA 99202
Kevin J Christie officer: Vice President 1411 E MISSION AVE, SPOKANE WA 99202
Julie A. Bentz director, other: Incoming Board Member 1411 E MISSION AVE, SPOKANE WA 99202
Sena M Kwawu director, other: Incoming Board Member 1411 E MISSION AVENUE, SPOKANE WA 99202
Heidi B Stanley other: Director Nominee 1411 E MISSION AVE, SPOKANE WA 99220-3727