Analysis of Debt
Total Debt (Carrying Amount)
Hubbell Inc., balance sheet: debt
US$ in thousands
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
| Debt item | Description | The company |
|---|---|---|
| Total debt (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Hubbell Inc. total debt decreased from 2020 to 2021 and from 2021 to 2022. |
Total Debt (Fair Value)
| Dec 31, 2022 | |
|---|---|
| Selected Financial Data (US$ in thousands) | |
| Short-term debt | 4,700) |
| Long-term debt | 1,306,500) |
| Total debt (fair value) | 1,311,200) |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 0.91 |
Based on: 10-K (reporting date: 2022-12-31).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt: 3.14%
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| 3.35% | 397,900) | 13,330) | |
| 3.15% | 297,500) | 9,371) | |
| 3.50% | 446,200) | 15,617) | |
| 2.30% | 296,300) | 6,815) | |
| 2.57% | 4,700) | 121) | |
| Total | 1,442,600) | 45,254) | |
| 3.14% | |||
Based on: 10-K (reporting date: 2022-12-31).
1 US$ in thousands
2 Weighted-average interest rate = 100 × 45,254 ÷ 1,442,600 = 3.14%