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Innodata (Innodata) Effective Interest Rate on Debt % : 4.11% (As of Dec. 2023)


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What is Innodata 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. Innodata's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.23 Mil. Innodata's average total debt for the quarter that ended in Dec. 2023 was $5.55 Mil. Therefore, Innodata's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 4.11%.


Innodata Effective Interest Rate on Debt % Historical Data

The historical data trend for Innodata'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.

Innodata Effective Interest Rate on Debt % Chart

Innodata 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 1.53 1.78 - 0.20 3.51

Innodata 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 0.77 5.43 -0.62 5.26 4.11

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

For the Information Technology Services subindustry, Innodata'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.


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

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

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



Innodata Effective Interest Rate on Debt % Calculation

Innodata'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  *  -0.179/( (4.729+5.483)/ 2 )
=-1  *  -0.179/5.106
=3.51 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.036 + 0.693
=4.729

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.701 + 0.782
=5.483

Innodata'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  *  -0.228/( (5.625+5.483)/ 2 )
=-1  *  -0.228/5.554
=4.11 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.873 + 0.752
=5.625

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4.701 + 0.782
=5.483

* 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.


Innodata  (NAS:INOD) Effective Interest Rate on Debt % Explanation

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


Innodata Effective Interest Rate on Debt % Related Terms

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Innodata (Innodata) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Innodata Inc (NAS:INOD) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
55 Challenger Road, Ridgefield Park, NJ, USA, 07660
Innodata Inc is a digital services and solutions company. It provides technology and services to information products and online retail destinations. The company has three operating segments: Digital data solutions, Synodex, and Agility. It serves publishers, media and information companies, digital retailers, banks, insurance companies, government agencies, and other industries. Geographically, it operates in the United States, United Kingdom, Netherlands, Canada, and Europe.
Executives
Nauman Sabeeh Toor 10 percent owner C/O INNODATA INC., 55 CHALLENGER ROAD, SUITE 202, RIDGEFIELD PARK NJ 07660
Marissa B Espineli officer: Interim CFO 55 CHALLENGER ROAD, SUITE 202, RIDGEFIELD PARK NJ 07660
Jack Abuhoff director, officer: Chairman, CEO, President THREE UNIVERSITY PLAZA, HACKENSACK NJ 07601
Louise C Forlenza director 55 CHALLENGER ROAD, RIDGEFIELD PARK NJ 07660
Stewart R Massey director 3 UNIVERSITY PLAZA, SUITE 506, HACKENSACK NJ 07601
Ashok Mishra officer: Vice President, Project Deliv C/O INNODATA ISOGEN, INC., THREE UNIVERSITY PLAZA, HACKENSACK NJ 07601
Mark A Spelker officer: EVP & Chief Financial Officer 55 CHALLENGER ROAD, SUITE 202, RIDGEFIELD PARK NJ 07660
David B Atkinson director C/O INNODATA INC., 55 CHALLENGER ROAD, RIDGEFIELD PARK NJ 07660
Luzich Partners Llc 10 percent owner 5055 W PATRICK LN, SUITE 104, LAS VEGAS NV 89118
Robert Michael O'connor officer: Chief Financial Officer 53 SORREL RUN, MT. LAUREL NJ 08054
Douglas J Manoni director C/O INNODATA INC, 55 CHALLENGER ROAD, RIDGEFIELD PARK NJ 07660
Brian E Kardon director C/O INNODATA INC, 55 CHALLENGER ROAD, RIDGEFIELD PARK NJ 07660
Rajat Jain officer: See Remarks C/O INNODATA INC., 55 CHALLENGER ROAD, RIDGEFIELD PARK NJ 07660
Michael J. Opat director C/O 3 UNIVERSITY PLAZA, SUITE 506, HACKENSACK NJ 07601
Andargachew S Zelleke director C/O CAMBRIDGE BANCORP, 1336 MASSACHUSETTS AVENUE, CAMBRIDGE MA 02138