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Vonage Holdings (Vonage Holdings) Effective Interest Rate on Debt % : 2.94% (As of Mar. 2022)


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What is Vonage Holdings 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. Vonage Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2022 was $15 Mil. Vonage Holdings's average total debt for the quarter that ended in Mar. 2022 was $498 Mil. Therefore, Vonage Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 was 2.94%.


Vonage Holdings Effective Interest Rate on Debt % Historical Data

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

Vonage Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.36 4.01 6.11 5.82 5.52

Vonage Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 5.29 5.30 5.57 5.68 2.94

Competitive Comparison of Vonage Holdings's Effective Interest Rate on Debt %

For the Telecom Services subindustry, Vonage Holdings'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.


Vonage Holdings's Effective Interest Rate on Debt % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vonage Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

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



Vonage Holdings Effective Interest Rate on Debt % Calculation

Vonage Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -28.348/( (548.857+479.165)/ 2 )
=-1  *  -28.348/514.011
=5.52 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=537.303 + 11.554
=548.857

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=468.772 + 10.393
=479.165

Vonage Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2021 )+Total Debt  (Q: Mar. 2022 ))/ count )
=-1  *  -14.612/( (479.165+516.141)/ 2 )
=-1  *  -14.612/497.653
=2.94 %

where

Total Debt  (Q: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=468.772 + 10.393
=479.165

Total Debt  (Q: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=505.16 + 10.981
=516.141

* 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 (Mar. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Vonage Holdings  (NAS:VG) Effective Interest Rate on Debt % Explanation

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


Vonage Holdings Effective Interest Rate on Debt % Related Terms

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Vonage Holdings (Vonage Holdings) Business Description

Traded in Other Exchanges
N/A
Address
23 Main Street, Holmdel, NJ, USA, 07733
Vonage Holdings Corp is a North American technology company that provides cloud communication services to businesses and consumers. For businesses, the company provides unified communications (as a service), which consists of integrated voice, text, video, data, and mobile applications over Voice over Internet Protocol network. Its reportable operating segments include Vonage Communications Platform and Consumer. For consumer service customers, there is a home telephone replacement service. This can include services such as voicemail, call waiting, and call forwarding. This service is delivered over the Internet. The company generates most of its revenue within the United States.
Executives
Vinod Lala officer: SVP Corporate Development 23 MAIN STREET C/O VONAGE HOLDINGS CORP. HOLMDEL NJ 07733
Randy K. Rutherford officer: Interim Chief Legal Officer C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Rory P Read director, officer: Chief Executive Officer ONE DELL WAY, ROUND ROCK TX 78682
Joy Corso officer: Chief Marketing Officer C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Jeffrey A Citron director, 10 percent owner, officer: Chairman and Chief Strategist VONAGE HOLDING CORP. 23 MAIN STREET HOLMDEL NJ 07733
Ward Jr Stephen M director C/O CARPENTER TECHNOLOGY CORP, PO BOX 14662, READING PA 19612
Omar Muhammad Javaid officer: Chief Product Officer C/O VONAGE HOLDINGS CORP.,23 MAIN STREET HOLMDEL NJ 07733
Savinay M Berry officer: EVP, Product & Engineering C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Stephen L Lasher officer: Chief Financial Officer C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Joseph Anthony Bellissimo officer: Chief Operating Officer C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Timothy S Shaughnessy officer: Chief Financial Officer IBM CORPORATION, NEW ORCHARD ROAD, ARMONK NY 10504
David T. Pearson officer: CFO & Treasurer C/O VONAGE HOLDINGS CORP, 23 MAIN STREET, HOLMDEL NJ 07733
Vonage Holdings Corp officer: Chief Marketing Officer 101 CRAWFORDS CORNER ROAD SUITE 2416, 4TH FLOOR, BUILDING 2 HOLMDEL NJ 07733
Sagi Dudai officer: SVP Software Engineering 23 MAIN STREET C/O VONAGE HOLDINGS CORP. HOLMDEL NJ 07733
Tien Tzuo director C/O ZUORA, INC., 101 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065