Fiserv (Fiserv) Effective Interest Rate on Debt % : 4.54% (As of Mar. 2024)

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What is Fiserv 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. Fiserv's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $1,084 Mil. Fiserv's average total debt for the quarter that ended in Mar. 2024 was $23,888 Mil. Therefore, Fiserv's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.54%.

Fiserv Effective Interest Rate on Debt % Historical Data

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

Fiserv Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.64

3.36

3.32

3.49

4.48

Fiserv 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															3.81	4.05	4.59	4.96	4.54

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

For the Information Technology Services subindustry, Fiserv'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.

Fiserv's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Fiserv's Effective Interest Rate on Debt % distribution charts can be found below:

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

Fiserv Effective Interest Rate on Debt % Calculation

Fiserv'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 * -1004	/	( (21542	+	23236)	/ 2 )
=	-1 * -1004	/	22389
=	4.48 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	20950	+	592
=	21542

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22363	+	873
=	23236

Fiserv'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 * -1084	/	( (23236	+	24539)	/ 2 )
=	-1 * -1084	/	23887.5
=	4.54 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	22363	+	873
=	23236

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	23754	+	785
=	24539

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.

Fiserv (NYSE:FI) Effective Interest Rate on Debt % Explanation

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

Fiserv Effective Interest Rate on Debt % Related Terms

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Fiserv (Fiserv) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fiserv Inc (NYSE:FI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

FISV:Mexico FIV:Germany FIV:Germany FIV:Germany F1IS34:Brazil FISV:Austria

Address

255 Fiserv Drive, Brookfield, WI, USA, 53045

Website

https://www.fiserv.com

Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for U.S. banks and credit unions, with a focus on small and midsize banks. Through the merger with First Data in 2019, Fiserv also provides payment processing services for merchants. About 10% of the company's revenue is generated internationally.

Executives

Suzan Kereere	officer: EVP, Head of GBS	255 FISERV DRIVE, BROOKFIELD WI 53045
Robert W. Hau	officer: Chief Financial Officer	255 FISERV DRIVE, BROOKFIELD WI 53045
Christopher M Foskett	officer: EVP, Global Sales	C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
Guy Chiarello	officer: Chief Administrative Officer	225 LIBERTY STREET, 29TH FLOOR, NEW YORK NY 10281
Kenneth Best	officer: Chief Accounting Officer	255 FISERV DRIVE, BROOKFIELD WI 53045
Charlotte Yarkoni	director	255 FISERV DRIVE, BROOKFIELD WI 53045
Valueact Capital Master Fund, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Harry Disimone	director	18 HICKORY DRIVE, OLD BROOKVILLE NY 11545
Valueact Capital Management, Llc	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings Ii, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
Valueact Capital Management, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Va Partners I, Llc	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings Gp, Llc	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Holdings, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Dylan G. Haggart	director	ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129