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EVgo (EVGO) Effective Interest Rate on Debt % : 0.00% (As of Mar. 2024)


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What is EVgo 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. EVgo's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $0.0 Mil. EVgo's average total debt for the quarter that ended in Mar. 2024 was $71.8 Mil. Therefore, EVgo's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.00%.


EVgo Effective Interest Rate on Debt % Historical Data

The historical data trend for EVgo'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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EVgo Effective Interest Rate on Debt % Chart

EVgo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
- 3.61 4.92 0.04 -

EVgo Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of EVgo's Effective Interest Rate on Debt %

For the Specialty Retail subindustry, EVgo'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.


EVgo's Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, EVgo's Effective Interest Rate on Debt % distribution charts can be found below:

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



EVgo Effective Interest Rate on Debt % Calculation

EVgo'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  *  0/( (50.647+68.005)/ 2 )
=-1  *  0/59.326
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=45.689 + 4.958
=50.647

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=61.987 + 6.018
=68.005

EVgo'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  *  0/( (68.005+75.554)/ 2 )
=-1  *  0/71.7795
=0.00 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=61.987 + 6.018
=68.005

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=69.039 + 6.515
=75.554

* 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.


EVgo  (NAS:EVGO) Effective Interest Rate on Debt % Explanation

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


EVgo Effective Interest Rate on Debt % Related Terms

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EVgo (EVGO) Business Description

Industry
Traded in Other Exchanges
Address
11835 West Olympic Boulevard, Suite 900E, Los Angeles, CA, USA, 90064
EVgo owns and operates a public direct current fast-charging network in the U.S. Its network of charging stations provides electric vehicle charging infrastructure to consumers and businesses. Its network is capable of charging all EV models and charging standards currently available in the U.S. EVgo partners with national and regional chains of grocery stores, automotive original equipment manufacturers, hotels, shopping centers, gas stations, parking lot operators, local governments and independent property owners in order to locate and deploy its EV charging infrastructure.
Executives
Dennis G Kish officer: Chief Operating Officer 955 EAST ARQUES AVE, SUNNYVALE CA 94086
Francine Sullivan officer: CLO and General Counsel 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Olga Shevorenkova officer: Chief Financial Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Stephanie Lee officer: Interim CFO 11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Ivo Steklac officer: Chief Operating & Tech Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Cathy Zoi director, officer: Chief Executive Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
David Nanus director 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Paul Segal director 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Jonathan Seelig director C/O ZOOM TELEPHONICS, INC., 99 HIGH STREET, BOSTON MA 02110
Peter Eric Anderson director 11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Tanvi Chaturvedi officer: Chief Revenue Officer 11835 W. OLYMPIC BLVD. SUITE 900E, LOS ANGELES CA 90064
Jonathan Maier Levy officer: Chief Commercial Officer 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Caroline Ogata officer: Controller 11835 WEST OLYMPIC BOULEVARD, SUITE 900E, LOS ANGELES CA 90064
Badar Khan director 69 DENNY ROAD, CHESTNUT HILL MA 02467
Katherine Motlagh director C/O CYRUSONE, 2850 N HARWOOD ST STE 2200, DALLAS TX 75201