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ARC Document Solutions (ARC Document Solutions) Effective Interest Rate on Debt % : 1.37% (As of Dec. 2023)


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What is ARC Document Solutions 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. ARC Document Solutions's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $1.3 Mil. ARC Document Solutions's average total debt for the quarter that ended in Dec. 2023 was $97.1 Mil. Therefore, ARC Document Solutions's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 1.37%.


ARC Document Solutions Effective Interest Rate on Debt % Historical Data

The historical data trend for ARC Document Solutions'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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ARC Document Solutions Effective Interest Rate on Debt % Chart

ARC Document Solutions 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 3.71 2.63 1.67 1.68 1.64

ARC Document Solutions 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 1.84 1.84 1.84 1.67 1.37

Competitive Comparison of ARC Document Solutions's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, ARC Document Solutions'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.


ARC Document Solutions's Effective Interest Rate on Debt % Distribution in the Business Services Industry

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

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



ARC Document Solutions Effective Interest Rate on Debt % Calculation

ARC Document Solutions'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  *  -1.633/( (99.737+99.517)/ 2 )
=-1  *  -1.633/99.627
=1.64 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=78.255 + 21.482
=99.737

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=80.723 + 18.794
=99.517

ARC Document Solutions'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  *  -1.332/( (94.714+99.517)/ 2 )
=-1  *  -1.332/97.1155
=1.37 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=76.006 + 18.708
=94.714

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=80.723 + 18.794
=99.517

* 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.


ARC Document Solutions  (NYSE:ARC) Effective Interest Rate on Debt % Explanation

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


ARC Document Solutions Effective Interest Rate on Debt % Related Terms

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ARC Document Solutions (ARC Document Solutions) Business Description

Traded in Other Exchanges
Address
12657 Alcosta Boulevard, Suite 200, San Ramon, CA, USA, 94583
ARC Document Solutions Inc is a global document solutions provider. The company's service offerings include managed print services (MPS), offsite services, archive and information management ( AIM), specialized color printing, Web-based document management applications, and equipment and supplies sales. Its product application involves in several industries such as the architectural, engineering, and construction. It principally engages in providing an onsite service to install a complete document solution platform in its customers' offices and project sites operate offsite service centers and enable its customers to store information and intellectual property in a cloud-based and searchable digital archive.
Executives
Rahul K Roy officer: Chief Technology Officer C/O ARC DOCUMENT SOLUTIONS, INC., 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Kumarakulasingam Suriyakumar director, officer: Chairman, President and CEO C/O ARC DOCUMENT SOLUTIONS, INC., 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Bradford L. Brooks director 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Tracey Luttrell director 12657 ALCOSTA BLVD, SAN RAMON CA 94583
Mark W Mealy director 301 S COLLEGE STREET, 4TH FL NC8905, CHARLOTTE NC 28288-8905
Cheryl Cook director 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Dennis Jeffery Grimes officer: VP. Sr. Corp. Counsel & Secty 1981 N BROADWAY STE. 385, WALNUT CREEK CA 94596
Perez De La Mesa Manuel J director
Dewitt Kerry Mccluggage director 1177 PARK VIEW, PASADENA CA 91103
Thomas J Formolo director 10 S WACKER DRIVE, SUITE 3175, CHICAGO IL 60606
John Freeland director ONE CAMPUS MARTIUS, DETROIT MI 48226
James F. Mcnulty director 7825 PROSPECT PLACE, LA JOLLA CA 92037
Dilantha Wijesuriya officer: Chief Operating Officer C/O ARC DOCUMENT SOLUTIONS, INC., 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Jorge Avalos officer: Chief Financial Officer C/O ARC DOCUMENT SOLUTIONS, INC., 12657 ALCOSTA BLVD., SUITE 200, SAN RAMON CA 94583
Toth John E.d. officer: Chief Financial Officer 4065 CESAR CHAVEZ STREET, SAN FRANCISCO CA 94131