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Splunk (Splunk) Effective Interest Rate on Debt % : 1.21% (As of Jan. 2024)


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What is Splunk 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. Splunk's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $39 Mil. Splunk's average total debt for the quarter that ended in Jan. 2024 was $3,262 Mil. Therefore, Splunk's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 1.21%.


Splunk Effective Interest Rate on Debt % Historical Data

The historical data trend for Splunk'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.

Splunk Effective Interest Rate on Debt % Chart

Splunk Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.37 5.37 5.82 1.24 1.16

Splunk Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.10 1.07 1.10 1.15 1.21

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

For the Software - Infrastructure subindustry, Splunk'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.


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

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

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



Splunk Effective Interest Rate on Debt % Calculation

Splunk's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2023 )+Total Debt  (A: Jan. 2024 ))/ count )
=-1  *  -42.505/( (4077.213+3261.572)/ 2 )
=-1  *  -42.505/3669.3925
=1.16 %

where

Total Debt  (A: Jan. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3301.557 + 775.656
=4077.213

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3261.572 + 0
=3261.572

Splunk's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  -39.44/( (3261.761+3261.572)/ 2 )
=-1  *  -39.44/3261.6665
=1.21 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3261.761 + 0
=3261.761

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3261.572 + 0
=3261.572

* 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 (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Splunk  (NAS:SPLK) Effective Interest Rate on Debt % Explanation

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


Splunk Effective Interest Rate on Debt % Related Terms

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Splunk (Splunk) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Splunk Inc (NAS:SPLK) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
270 Brannan Street, San Francisco, CA, USA, 94107
Splunk is a cloud-first software company that focuses on analyzing machine data. The company is a major player in two markets: security, and full-stack monitoring and analysis. The San Francisco-based firm focuses on enterprise clients, with more than 90% of the Fortune 100 using its solutions. The firm's top line consists of the sale of software licenses, cloud subscriptions, and maintenance and support.
Executives
Scott Morgan officer: General Counsel and Secretary C/O SPLUNK INC.,270 BRANNAN STREET, SAN JOSE CA 94107
Christian Smith officer: SVP, Chief Revenue Officer C/O SPLUNK INC., 270 BRANNAN ST CA 94107
Gary Steele director, officer: President and CEO C/O PROOFPOINT, INC., 892 ROSS DRIVE, SUNNYVALE CA 94089
Elisa Steele director 1601 CLOVERFIELD BLVD, STE 620 SOUTH, SANTA MONICA CA 90404
Yamini Rangan director 333 BRANNAN STREET, SAN FRANCISCO CA 94107
Brian Kayman officer: Chief Accounting Officer 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Tom Casey officer: SVP, GM Platform C/O SPLUNK INC., 270 BRANNAN ST CA 94107
Brian Keith Roberts officer: SVP & Chief Financial Officer C/O LYFT, INC., 185 BERRY STREET, SUITE 5000, SAN FRANCISCO CA 94107
Richard P Wallace director KLA TENCOR, 160 RIO ROBLES, SAN JOSE CA 95134
David R Tunnell director C/O HELLMAN & FRIEDMAN, 415 MISSION STREET SUITE 5700, SAN FRANCISCO CA 94105
Jason Child officer: SVP & Chief Financial Officer C/O SPLUNK INC., 270 BRANNAN ST., SAN FRANCISCO CA 94107
Shawn Bice officer: President of PROD & TECH C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Timothy Emanuelson officer: Chief Accounting Officer C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Luis Felipe Visoso director C/O UNITY SOFTWARE INC., 30 3RD STREET, SAN FRANCISCO CA 94103
Graham Smith director 301 BRANNMAN ST, SAN FRANCISCO CA 94107