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PG&E (PCG) Effective Interest Rate on Debt % : 4.92% (As of Mar. 2024)


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What is PG&E 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. PG&E's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $2,860 Mil. PG&E's average total debt for the quarter that ended in Mar. 2024 was $58,151 Mil. Therefore, PG&E's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.92%.


PG&E Effective Interest Rate on Debt % Historical Data

The historical data trend for PG&E'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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PG&E Effective Interest Rate on Debt % Chart

PG&E 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 7.25 6.04 3.81 3.85 5.12

PG&E 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 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 4.43 4.62 4.89 6.52 4.92

Competitive Comparison of PG&E's Effective Interest Rate on Debt %

For the Utilities - Regulated Electric subindustry, PG&E'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.


PG&E's Effective Interest Rate on Debt % Distribution in the Utilities - Regulated Industry

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

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



PG&E Effective Interest Rate on Debt % Calculation

PG&E'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  *  -2850/( (53539+57733)/ 2 )
=-1  *  -2850/55636
=5.12 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=48985 + 4554
=53539

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=52047 + 5686
=57733

PG&E'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  *  -2860/( (57733+58568)/ 2 )
=-1  *  -2860/58150.5
=4.92 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=52047 + 5686
=57733

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=54473 + 4095
=58568

* 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.


PG&E  (NYSE:PCG) Effective Interest Rate on Debt % Explanation

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


PG&E Effective Interest Rate on Debt % Related Terms

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PG&E (PCG) Business Description

Industry
Address
300 Lakeside Drive, Oakland, CA, USA, 94612
PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision between January 2019 and June 2020. In 2004, PG&E sold its unregulated assets as part of an earlier postbankruptcy reorganization.
Executives
Cheryl F. Campbell director C/O 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
Carolyn Jeanne Burke officer: EVP Finance C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Patricia K Poppe director, officer: Chief Executive Officer 77 BEALE STREET, POB 770000, SAN FRANCISCO CA 94177
Edward G Cannizzaro director 5130 HACIENDA DRIVE, DUBLIN CA 94568
Stephanie N Williams officer: VP and Controller 77 BEALE STREET, PO BOX 77000, SAN FRANCISCO CA 94177
Pg&e Fire Victim Trust 10 percent owner TWO EMBARCADERO CENTER, SUITE 1500, SAN FRANCISCO CA 94111
William Lloyd Smith director 46429 LANDING PARKWAY, FREMONT CA 94538
Marlene Santos other: EVP, CCO at PG&E Company 77 BEALE STREET, P.O. BOX 770000, SAN FRANCISCO CA 94117
Carlos M Hernandez director
Adam L Wright other: EVP, Ops & COO at PG&E Company 77 BEALE STREET, P.O. BOX 770000, SAN FRANCISCO CA 94177
Julius Cox officer: EVP/Ppl, Shrd Svcs & Spply Chn 77 BEALE STREET, POB 770000, SAN FRANCISCO CA 94177
Sumeet Singh officer: EVP/CRO & Chf Safety Ofc 77 BEALE STREET, PO BOX 770000, SAN FRANCISCO CA 94177
Ajay Waghray officer: SVP & Chf Information Ofc C/O ASSURANT, INC., 28 LIBERTY STREET, 41 FL., NEW YORK NY 1
Carla J Peterman officer: EVP/Corp. Affairs & CSO 77 BEALE STREET, P.O. BOX 77000, SAN FRANCISCO CA 94177
Christopher A Foster officer: EVP & Chief Financial Officer 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177