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Yellow (Yellow) Effective Interest Rate on Debt % : 11.98% (As of Jun. 2023)


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What is Yellow 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. Yellow's annualized positive value of Interest Expense for the quarter that ended in Jun. 2023 was $193 Mil. Yellow's average total debt for the quarter that ended in Jun. 2023 was $1,613 Mil. Therefore, Yellow's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2023 was 11.98%.


Yellow Effective Interest Rate on Debt % Historical Data

The historical data trend for Yellow'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.

Yellow Effective Interest Rate on Debt % Chart

Yellow Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.88 10.57 9.91 9.24 9.48

Yellow Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 8.84 9.68 10.84 11.26 11.98

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

For the Trucking subindustry, Yellow'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.


Yellow's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yellow's Effective Interest Rate on Debt % distribution charts can be found below:

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



Yellow Effective Interest Rate on Debt % Calculation

Yellow's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -162.9/( (1749.9+1685.7)/ 2 )
=-1  *  -162.9/1717.8
=9.48 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1601.1 + 148.8
=1749.9

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1560.8 + 124.9
=1685.7

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2023 )+Total Debt  (Q: Jun. 2023 ))/ count )
=-1  *  -193.2/( (1617.1+1609.6)/ 2 )
=-1  *  -193.2/1613.35
=11.98 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1561.7 + 55.4
=1617.1

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=292.1 + 1317.5
=1609.6

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


Yellow  (OTCPK:YELLQ) Effective Interest Rate on Debt % Explanation

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


Yellow Effective Interest Rate on Debt % Related Terms

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Yellow (Yellow) Business Description

Industry
Traded in Other Exchanges
N/A
Address
501 Commerce Street, Suite 1120, Nashville, TN, USA, 37203
Yellow Corp is engaged in offering transportation services. It has a comprehensive less-than-truckload (LTL) networks in North America with local, regional, national, and international capabilities. The company offers expertise in LTL shipments and flexible supply chain solutions, ensuring customers ship industrial, commercial and retail goods. Its revenue is primarily derived from transporting LTL shipments in the United States and it also offers other services such as truckload services, customer-specific logistics solutions, and other services.
Executives
Mary Nell Browning director 2200 WILLOWICK ROAD, APT. 15C, HOUSTON TX 77027
Thomas A. Knott director 103 GRACE HILL ROAD, NEWBURY NH 03255
Daniel L. Olivier officer: Interim CFO 10990 ROE AVENUE, OVERLAND PARK KS 66211
Mfn Partners, Lp 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Farhad Nanji 10 percent owner C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116
Mfn Partners Management, Lp 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Michael Demichele 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners Gp, Llc 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners Management, Llc 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
David H. Webber director 11500 OUTLOOK STREET, SUITE 400, OVERLAND PARK KS 66224
James E. Hoffman director 325 INNES WAY, CEDAR RAPIDS IA 52403
Annlea Rumfola officer: Chief Information Officer 501 COMMERCE STREET, SUITE 1120, NASHVILLE TN 37203
Shaunna D. Jones director 10990 ROE AVENUE, OVERLAND PARK KS 66211
James R. Faught officer: Chief Accounting Officer 10990 ROE AVENUE, OVERLAND PARK KS 66211
Javier L. Evans director 400 RELLA BOULEVARD, MONTEBELLO NY 10901