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QuantumScape (QuantumScape) Effective Interest Rate on Debt % : 2.30% (As of Mar. 2024)


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What is QuantumScape 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. QuantumScape's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $2.29 Mil. QuantumScape's average total debt for the quarter that ended in Mar. 2024 was $99.65 Mil. Therefore, QuantumScape's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 2.30%.


QuantumScape Effective Interest Rate on Debt % Historical Data

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

QuantumScape Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
0.69 159.69 3.16 2.62 2.31

QuantumScape Quarterly Data
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 2.28 2.30 2.30 2.29 2.30

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

For the Auto Parts subindustry, QuantumScape'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.


QuantumScape's Effective Interest Rate on Debt % Distribution in the Vehicles & Parts Industry

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

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



QuantumScape Effective Interest Rate on Debt % Calculation

QuantumScape'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  *  -2.377/( (105.416+100.633)/ 2 )
=-1  *  -2.377/103.0245
=2.31 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=100.565 + 4.851
=105.416

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=92.72 + 7.913
=100.633

QuantumScape'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  *  -2.288/( (100.633+98.666)/ 2 )
=-1  *  -2.288/99.6495
=2.30 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=92.72 + 7.913
=100.633

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=90.57 + 8.096
=98.666

* 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.


QuantumScape  (NYSE:QS) Effective Interest Rate on Debt % Explanation

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


QuantumScape Effective Interest Rate on Debt % Related Terms

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QuantumScape (QuantumScape) Business Description

Traded in Other Exchanges
Address
1730 Technology Drive, San Jose, CA, USA, 95110
QuantumScape Corp is engaged in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles. It developed an anode-less cell design, which delivers high energy density while lowering material costs and simplifying manufacturing.
Executives
Jurgen Leohold director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Mohit Singh officer: Chief Development Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Kevin Hettrich officer: Chief Financial Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Jeffrey B Straubel director C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Mccarthy Michael O Iii officer: Chief Legal Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Srinivasan Sivaram officer: President C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Timothy Holme officer: Chief Technology Officer 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Gena C Lovett director 11324 FOX CREEK FARM WAY, GREAT FALLS VA 22066
Jagdeep Singh director, 10 percent owner, officer: Chief Executive Officer, other: Chairman C/O INFINERA CORPORATION, 169 JAVA DRIVE, SUNNYVALE CA 94089
Dipender Saluja director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Fritz Prinz director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Susan Huppertz director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Justin E Mirro director, 10 percent owner, officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Jeneanne Michelle Hanley director 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48034
Brad W Buss director 198 CHAMPION COURT, SAN JOSE CA 95134