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HF Sinclair (HF Sinclair) Effective Interest Rate on Debt % : 5.98% (As of Dec. 2023)


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What is HF Sinclair 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. HF Sinclair's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $197 Mil. HF Sinclair's average total debt for the quarter that ended in Dec. 2023 was $3,300 Mil. Therefore, HF Sinclair's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.98%.


HF Sinclair Effective Interest Rate on Debt % Historical Data

The historical data trend for HF Sinclair'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.

HF Sinclair Effective Interest Rate on Debt % Chart

HF Sinclair 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 5.37 3.92 3.57 4.94 5.68

HF Sinclair Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.22 5.09 5.29 5.54 5.98

Competitive Comparison of HF Sinclair's Effective Interest Rate on Debt %

For the Oil & Gas Refining & Marketing subindustry, HF Sinclair'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.


HF Sinclair's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, HF Sinclair's Effective Interest Rate on Debt % distribution charts can be found below:

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



HF Sinclair Effective Interest Rate on Debt % Calculation

HF Sinclair'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  *  -190.796/( (3619.613+3095.535)/ 2 )
=-1  *  -190.796/3357.574
=5.68 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3202.728 + 416.885
=3619.613

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2988.562 + 106.973
=3095.535

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -197.224/( (3504.746+3095.535)/ 2 )
=-1  *  -197.224/3300.1405
=5.98 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3083.963 + 420.783
=3504.746

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2988.562 + 106.973
=3095.535

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


HF Sinclair  (NYSE:DINO) Effective Interest Rate on Debt % Explanation

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


HF Sinclair Effective Interest Rate on Debt % Related Terms

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HF Sinclair (HF Sinclair) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HF Sinclair Corp (NYSE:DINO) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
2828 North Harwood, Suite 1300, Dallas, TX, USA, 75201
HF Sinclair is an integrated petroleum refiner that owns and operates seven refineries serving the Rockies, midcontinent, Southwest, and Pacific Northwest, with a total crude oil throughput capacity of 678,000 barrels per day. It can produce 380 million gallons of renewable diesel annually. It holds a marketing business with over 300 distributors and 1,500 wholesale branded sites across 30 states. It also has a 47% ownership stake in Holly Energy Partners, which owns and operates petroleum product pipelines and terminals principally in the southwestern United States, but has announced a proposal to purchase the remaining 53%.
Executives
James H Lee director 10000 MEMORIAL DRIVE STE 600, HOUSTON TX 77024-3411
Indira Agarwal officer: VP, Controller and CAO 2828 N. HARWOOD, SUITE 1300, DALLAS TX 75201
Manuel J Fernandez director 1999 BRYAN STREET, DALLAS TX 75201
Franklin Myers director C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Vaishali S. Bhatia officer: SVP, General Counsel & Sec 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Valerie Pompa officer: EVP, Operations 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Michael Jennings director, officer: Chief Executive Officer 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024
Steven Ledbetter officer: EVP, Commercial 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Carol Holding 10 percent owner 550 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Leldon E Echols director P O BOX 199000, 2728 N HARWOOD STREET, DALLAS TX 75201
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
Anne-marie Ainsworth director 333 CLAY STREET, SUITE 2400, HOUSTON TX 77002
Robert J. Kostelnik director 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024-3411
R Craig Knocke director 2828 N HARWOOD SUITE 1300, DALLAS TX 75201
Atanas H Atanasov officer: EVP and CFO C/O NGL ENERGY PARTNERS LP, 6120 S. YALE AVENUE, SUITE 805, TULSA OK 74136