Ford Motor Co (Ford Motor Co) Effective Interest Rate on Debt % : 0.77% (As of Mar. 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 Mar. 2024 was $1,168 Mil. Ford Motor Co's average total debt for the quarter that ended in Mar. 2024 was $151,265 Mil. Therefore, Ford Motor Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.77%.

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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0.67

1.03

1.19

0.92

0.90

Ford Motor Co 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															0.89	0.86	0.91	1.00	0.77

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 * -1318	/	( (140474	+	151107)	/ 2 )
=	-1 * -1318	/	145790.5
=	0.90 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	89906	+	50568
=	140474

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	100957	+	50150
=	151107

Ford Motor Co'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 * -1168	/	( (151107	+	151423)	/ 2 )
=	-1 * -1168	/	151265
=	0.77 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	100957	+	50150
=	151107

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	101135	+	50288
=	151423

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.

Ford Motor Co (NYSE:F) 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 (Ford Motor Co) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

F:Peru F:Mexico F_KZ:Kazakhstan 1F:Italy FMC1d:UK 0P4F:UK FMC1:Germany FMC1:Germany FMC1:Germany FMC1:Germany 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 about 13% market share in the United States, about 6.5% share in Europe, and about 2.1% share in China including unconsolidated affiliates. We expect market share to increase as inventory improves coming out of the chip shortage. Sales in the U.S. made up about 67% of 2022 total company revenue. Ford has about 173,000 employees, including about 57,000 UAW employees, and is based in Dearborn, Michigan.

Executives

John Douglas Field	officer: Chief AT&ES Officer	ONE AMERICAN ROAD, DEARBORN MI 48126
Andrew Frick	officer: President, Ford Blue	ONE AMERICAN ROAD, DEARBORN MI 48126
Peter C Stern	officer: President, Integrated Services	C/O FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
John T. Lawler	officer: Vice President and Controller	ONE AMERICAN ROAD, DEARBORN MI 48126
Farley Jr James D	officer: Group Vice President	FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Ashwani Kumar Galhotra	officer: Group Vice President	ONE AMERICAN ROAD, DEARBORN MI 48138
Theodore J. Cannis	officer: CEO of Ford Pro	ONE AMERICAN ROAD, DEARBORN MI 48126
Shengpo Wu	officer: President and CEO, Ford China	ONE AMERICAN ROAD, DEARBORN MI 48126
Stuart J. Rowley	officer: Vice President and Controller	ONE AMERICAN ROAD, DEARBORN MI 48126
Jennifer Waldo	officer: Chief People & E. Exp. Officer	ONE AMERICAN ROAD, DEARBORN MI 48126
Marin Gjaja	officer: Chief Cust. Off., Ford Model e	ONE AMERICAN ROAD, DEARBORN MI 48126
Ford William Clay Jr	director, officer: Chairman and CEO	FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Alexandra Ford English	director	ONE AMERICAN ROAD, DEARBORN MI 48126
May John C Ii	director	DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Catherine A. O'callaghan	officer: Vice President and Controller	ONE AMERICAN ROAD, DEARBORN MI 48126