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ADT (ADT) Effective Interest Rate on Debt % : 7.74% (As of Dec. 2023)


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What is ADT 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. ADT's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $679 Mil. ADT's average total debt for the quarter that ended in Dec. 2023 was $8,772 Mil. Therefore, ADT's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 7.74%.


ADT Effective Interest Rate on Debt % Historical Data

The historical data trend for ADT'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.

ADT Effective Interest Rate on Debt % Chart

ADT 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 6.29 7.37 4.75 2.70 6.47

ADT 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 5.98 6.97 3.45 6.08 7.74

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

For the Security & Protection Services subindustry, ADT'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.


ADT's Effective Interest Rate on Debt % Distribution in the Business Services Industry

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

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



ADT Effective Interest Rate on Debt % Calculation

ADT'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  *  -572.15/( (9825.084+7859.94)/ 2 )
=-1  *  -572.15/8842.512
=6.47 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8946.719 + 878.365
=9825.084

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7523.349 + 336.591
=7859.94

ADT'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  *  -679.076/( (9683.707+7859.94)/ 2 )
=-1  *  -679.076/8771.8235
=7.74 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8832.409 + 851.298
=9683.707

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7523.349 + 336.591
=7859.94

* 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.


ADT  (NYSE:ADT) Effective Interest Rate on Debt % Explanation

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


ADT Effective Interest Rate on Debt % Related Terms

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ADT (ADT) Business Description

Industry
Traded in Other Exchanges
Address
1501 Yamato Road, Boca Raton, FL, USA, 33431
ADT Inc is a provider of monitored security, interactive home and business automation, and related monitoring services in the United States and Canada. It offers residential, commercial, and multi-site customers a comprehensive set of burglary, video, access control, fire and smoke alarm, and medical alert solutions. The company segments include Consumer and Small Business (CSB), Commercial, and Solar. It generates maximum revenue from the Commercial segment.
Executives
David A. Scott officer: EVP, Chief People & Admin. Off 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Marques Coleman director 1501 YAMATO ROAD, BOCA RATON FL 33431
Nicole Bonsignore director 1501 YAMATO ROAD, BOCA RATON FL 33431
Wayne Thorsen officer: EVP, Chief Business Officer 3892 RONDA ROAD, PEBBLE BEACH CA 93953
Delu Jackson officer: EVP, Chief Marketing Officer 650 TENNIS CLUB DRIVE, APT. L107, FORT LAUDERDALE FL 33311
Jamie Elizabeth Haenggi officer: SVP, Chief Sales & Mktg. Off. 1501 YAMATO ROAD, BOCA RATON FL 33431
Kenneth Porpora officer: SVP, Chief Growth Officer 1501 YAMATO ROAD, BOCA RATON FL 33431
James David Devries officer: President ALLSTATE INSURANCE COMPANY, 2775 SANDERS ROAD, NORTHBROOK IL 60062
Donald M. Young officer: SVP & Chief Info Off. 1501 YAMATO ROAD, BOCA RATON FL 33431
David W Smail officer: EVP, CLO and Secretary 1501 YAMATO ROAD, BOCA RATON FL 33431
Daniel Bresingham officer: EVP, Chief Admin. Off. & Treas 1501 YAMATO ROAD, BOCA RATON FL 33431
State Farm Mutual Automobile Insurance Co 10 percent owner ONE STATE FARM PLAZA, BLOOMINGTON IL 61710
Paul Joseph Smith director ONE STATE FARM PLAZA E-12, BLOOMINGTON IL 61710-0001
Lewis William M Jr director 9 WEST 57TH STREET, NEW YORK NY 10019
Benjamin Honig director 1501 YAMATO ROAD, BOCA RATON FL 33431