Alarm.com Holdings (Alarm.com Holdings) Effective Interest Rate on Debt % : 0.60% (As of Mar. 2024)

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What is Alarm.com 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. Alarm.com Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $3.2 Mil. Alarm.com Holdings's average total debt for the quarter that ended in Mar. 2024 was $526.7 Mil. Therefore, Alarm.com Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.60%.

Alarm.com Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Alarm.com 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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Alarm.com Holdings Effective Interest Rate on Debt % Chart

Alarm.com Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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3.40

1.96

5.10

0.63

0.65

Alarm.com Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															0.65	0.62	0.68	0.63	0.60

Competitive Comparison of Alarm.com Holdings's Effective Interest Rate on Debt %

For the Software - Application subindustry, Alarm.com 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.

Alarm.com Holdings's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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

Alarm.com Holdings Effective Interest Rate on Debt % Calculation

Alarm.com Holdings'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 * -3.429	/	( (529.907	+	526.026)	/ 2 )
=	-1 * -3.429	/	527.9665
=	0.65 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	517.75	+	12.157
=	529.907

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	513.983	+	12.043
=	526.026

Alarm.com Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -3.184	/	( (526.026	+	527.292)	/ 2 )
=	-1 * -3.184	/	526.659
=	0.60 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	513.983	+	12.043
=	526.026

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	515.191	+	12.101
=	527.292

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

Alarm.com Holdings (NAS:ALRM) Effective Interest Rate on Debt % Explanation

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

Alarm.com Holdings Effective Interest Rate on Debt % Related Terms

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Alarm.com Holdings (Alarm.com Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alarm.com Holdings Inc (NAS:ALRM) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

3RL:Germany 3RL:Germany

Address

8281 Greensboro Drive, Suite 100, Tysons, VA, USA, 22102

Website

https://www.alarm.com

Alarm.com Holdings Inc has two reportable segments: Alarm.com & Other. The Alarm.com segment represents the cloud-based Software platforms for intelligently connected property & related solutions. The other segment is focused on researching, developing & offering residential & commercial automation solutions & energy management products & services in adjacent markets. The majority of revenue is from the Alarm.com segment. The platform allows home & business owners to secure their properties and automate & control an array of connected devices. SaaS & license fees from service providers, who resell these services & pay Alarm.com a monthly subscription, are the sources of revenue for the firm. A majority of revenue is generated in the United States & Canada.

Executives

Steve Valenzuela	officer: Chief Financial Officer	1800 GREEN HILLS ROAD, SCOTTS VALLEY CA 95066
Daniel Ramos	officer: Sr. VP-Corporate Development	C/O ALARM.COM, INC., 8150 LEESBURG PIKE, VIENNA VA 22182
Timothy P Mcadam	director	250 MIDDLEFIELD RD, MENLO PARK CA 94025
Simone Wu	director	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Jeffrey A Bedell	officer: Chief Strategy & Innovation	C/O MICROSTRATEGY INC, 1850 TOWERS CRESCENT PLAZA, VIENNA VA 22182
Stephen Trundle	director, officer: President and CEO	C/O ALARM.COM HOLDINGS, INC., 8150 LEESBURG PIKE, VIENNA VA 22182
Daniel Kerzner	officer: Chief Product Officer	C/O ALARM.COM HOLDINGS, INC., 8150 LEESBURG PIKE, VIENNA VA 22182
Timothy J. Whall	director	C/O ADT, LLC, 1501 YAMATO ROAD, BOCA RATON FL 33431
Donald E Clarke	director	C/O VISUAL NETWORKS INC, 2092 GAITHER ROAD, ROCKVILLE MD 20850
Stephen C. Evans	director	C/O ALARM.COM HOLDINGS, INC., 8281 GREENSBORO DRIVE, SUITE 100, TYSONS VA 22102
Hugh Panero	director
Shattuck Mayo A Iii	director	C/O GAP, INC., 2 FOLSOM ST., SAN FRANCISCO CA 94105
Tcv Vii Management, L.l.c.	10 percent owner, other: May be part of a13(d) group	528 RAMONA STREET, PALO ALTO CA 94301
Technology Crossover Management Vii, L.p.	10 percent owner, other: May be part of a 13(d) group	528 RAMONA STREET, PALO ALTO CA 94301
Christopher P Marshall	10 percent owner, other: May be part of a 13(g) group	250 MIDDLEFIELD RD, MENLO PARK CA 94025