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Perficient (Perficient) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


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What is Perficient 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. Perficient's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.0 Mil. Perficient's average total debt for the quarter that ended in Dec. 2023 was $421.0 Mil. Therefore, Perficient's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Perficient Effective Interest Rate on Debt % Historical Data

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

Perficient 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 5.43 5.38 4.81 0.80 0.09

Perficient 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 0.80 0.48 0.28 - -

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

For the Information Technology Services subindustry, Perficient'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.


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

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

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



Perficient Effective Interest Rate on Debt % Calculation

Perficient'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  *  -0.363/( (423.415+420.32)/ 2 )
=-1  *  -0.363/421.8675
=0.09 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=413.115 + 10.3
=423.415

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=413.32 + 7
=420.32

Perficient'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/( (421.655+420.32)/ 2 )
=-1  *  0/420.9875
=0.00 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=414.355 + 7.3
=421.655

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=413.32 + 7
=420.32

* 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.


Perficient  (NAS:PRFT) Effective Interest Rate on Debt % Explanation

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


Perficient Effective Interest Rate on Debt % Related Terms

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Perficient (Perficient) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Perficient Inc (NAS:PRFT) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
555 Maryville University Drive, Suite 600, Saint Louis, MO, USA, 63141
Perficient Inc provides a variety of information technology and consulting services that focus on digital experience, business optimization, and IT solutions. The company's services include big data analytics, technology platform implementations, enterprise content management, portals and collaboration, management consulting, custom applications, business integration, business process management, and customer relationship management. It serves the healthcare, financial services, retail, and electronics industries. The vast majority of the company's revenue comes from the United States.
Executives
Thomas J. Hogan officer: Chief Operating Officer 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, SAINT LOUIS MO 63141
David S Lundeen director C/O PROFICIENT INC, 7600-B N CAPITAL OF TEXAS HWY - STE 220, AUSTIN TX 78731
Jill Ackerman Jones director 850 DIXIE HWY, LOUISVILLE KY 40210
Susan L. Adomite officer: SVP, Controller & PAO 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, ST. LOUIS MO 63141
Kevin Thomas Sheen officer: Senior Vice President 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, ST. LOUIS MO 63141
Nancy C Pechloff director 10401 CLAYTON ROAD, ST LOUIS MO 63131
Brian L Matthews director 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, SAINT LOUIS MO 63141
Ralph C Derrickson director 1120 S CAPITAL OF TEXAS HIGHWAY, BLDG 3 SUITE 220, AUSTIN TX 78746
Romil Bahl director 3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Gary Wimberly director ONE EXPRESS WAY, ST. LOUIS MO 63121
Jeffrey S Davis officer: Chairman and CEO ONE CITYPLACE DRIVE, SUITE 190, SAINT LOUIS MO 63141
Paul E Martin officer: Chief Financial Officer CHARTER COMMUNICATIONS, INC., 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
James R Kackley director 855 EAST MAIN AVE, ZEELAND MI 49464-0302
Kathryn J Henely officer: Chief Operating Officer 520 MARYVILLE CENTRE DR, SUITE 400, ST LOUIS MO 63141
John S Hamlin director C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682