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ZipRecruiter (ZipRecruiter) Effective Interest Rate on Debt %

: 5.29% (As of Dec. 2023)
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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. ZipRecruiter's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $29.4 Mil. ZipRecruiter's average total debt for the quarter that ended in Dec. 2023 was $556.2 Mil. Therefore, ZipRecruiter's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.29%.


ZipRecruiter Effective Interest Rate on Debt % Historical Data

The historical data trend for ZipRecruiter'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.

ZipRecruiter Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
1.56 2.33 2.37 9.74 5.27

ZipRecruiter Quarterly Data
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 5.24 5.25 5.26 5.27 5.29

Competitive Comparison

For the Staffing & Employment Services subindustry, ZipRecruiter'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.


ZipRecruiter Effective Interest Rate on Debt % Distribution

For the Business Services industry and Industrials sector, ZipRecruiter's Effective Interest Rate on Debt % distribution charts can be found below:

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



ZipRecruiter Effective Interest Rate on Debt % Calculation

ZipRecruiter'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  *  -29.393/( (560.006+555.727)/ 2 )
=-1  *  -29.393/557.8665
=5.27 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=554.577 + 5.429
=560.006

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=551.298 + 4.429
=555.727

ZipRecruiter'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  *  -29.42/( (556.716+555.727)/ 2 )
=-1  *  -29.42/556.2215
=5.29 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=552.252 + 4.464
=556.716

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=551.298 + 4.429
=555.727

* 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.


ZipRecruiter  (NYSE:ZIP) Effective Interest Rate on Debt % Explanation

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


ZipRecruiter Effective Interest Rate on Debt % Related Terms

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ZipRecruiter (ZipRecruiter) Business Description

Industry
Traded in Other Exchanges
Address
604 Arizona Avenue, Santa Monica, CA, USA, 90401
ZipRecruiter Inc is an online employment marketplace. It was founded to make meaningful connections between job seekers and employers. It connects millions of job seekers with companies of all sizes.
Executives
Timothy G. Yarbrough officer: Chief Business Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Ryan T. Sakamoto officer: General Counsel and Secretary 604 ARIZONA AVE, SANTA MONICA CA 90401
Amy Garefis officer: Principal Accounting Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
David Travers officer: Chief Financial Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Lora Bartolome officer: VP, Accounting & Controller C/O ZIPRECRUITER, INC., 604 ARIZONA AVENUE, SANTA MONICA CA 90401
Qasim Saifee officer: Chief Marketing Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
J Sanford Miller 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Boris F. Shimanovsky officer: Chief Technology Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Todd C Chaffee 10 percent owner 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025
Institutional Venture Management Xv, Llc 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Ian H. Siegel director, 10 percent owner, officer: Chief Executive Officer 604 ARIZONA AVE, SANTA MONICA CA 90401
Institutional Venture Management Xiv, Llc 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Jules A. Maltz 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Somesh Dash 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Stephen J Harrick 10 percent owner 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025