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Avalara (Avalara) Effective Interest Rate on Debt % : 0.59% (As of Jun. 2022)


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What is Avalara 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. Avalara's annualized positive value of Interest Expense for the quarter that ended in Jun. 2022 was $6.0 Mil. Avalara's average total debt for the quarter that ended in Jun. 2022 was $1,018.1 Mil. Therefore, Avalara's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 was 0.59%.


Avalara Effective Interest Rate on Debt % Historical Data

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

Avalara Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 7.95 6.57 0.43 - 0.43

Avalara Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 - 0.60 0.59 0.59 0.59

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

For the Software - Application subindustry, Avalara'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.


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

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

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



Avalara Effective Interest Rate on Debt % Calculation

Avalara's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -2.311/( (67.964+1018.326)/ 2 )
=-1  *  -2.311/543.145
=0.43 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=56.625 + 11.339
=67.964

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1006.873 + 11.453
=1018.326

Avalara's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2022 )+Total Debt  (Q: Jun. 2022 ))/ count )
=-1  *  -5.988/( (1017.54+1018.725)/ 2 )
=-1  *  -5.988/1018.1325
=0.59 %

where

Total Debt  (Q: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1005.693 + 11.847
=1017.54

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1006.649 + 12.076
=1018.725

* 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 (Jun. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Avalara  (NYSE:AVLR) Effective Interest Rate on Debt % Explanation

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


Avalara Effective Interest Rate on Debt % Related Terms

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Avalara (Avalara) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Avalara Inc (NYSE:AVLR) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
N/A
Address
255 South King Street, Suite 1800, Seattle, WA, USA, 98104
Avalara Inc provides compliance solutions. It provides software solutions that help businesses of all types and sizes comply with tax requirements for transactions worldwide. The company offers a broad and growing suite of compliance solutions for transaction taxes, such as sales and use tax, VAT, fuel excise tax, beverage alcohol, cross-border taxes, lodging tax, and communications tax. These solutions enable customers to automate the process of determining taxability, identifying applicable tax rates, determining and collecting taxes, preparing and filing returns, remitting taxes, maintaining tax records, and managing compliance documents. It generates revenue in the form of subscriptions and professional services.
Executives
Scott M Mcfarlane director, officer: See Remarks 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Daniel E. Manning officer: Chief Accounting Officer 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Ross Tennenbaum officer: See Remarks 255 S KING ST, STE 1800, SEATTLE WA 98104
Alesia Lee Pinney officer: See Remarks AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Amit Mathradas officer: See Remarks 255 S KING ST, STE 1800, SEATTLE WA 98104
Marcela Martin director C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
Rajeev Singh director 6222 185TH AVENUE NE, REDMOND WA 98052
Bruce T Crawford director 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Srinivas Tallapragada director THE LANDMARK AT ONE MARKET STREET, #300, SAN FRANCISCO CA 94105
Kathleen Zwickert director 255 S KING ST, STE 1800, SEATTLE WA 98104
William Ingram officer: See Remarks C/O LEAP WIRELESS INTERNATIONAL, INC., 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Marion R Foote director C/O KINETA, INC., 219 TERRY AVE. N., SUITE 300, SEATTLE WA 98109
Edward A Gilhuly director, 10 percent owner C/O SAGEVIEW CAPITAL LP, 245 LYTTON AVENUE, SUITE 250, PALO ALTO CA 94301
Chelsea R. Stoner director C/O AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Brian Sharples director 1250 CAPITAL OF TX HWY, BLDG 2, PLAZA 1, AUSTIN TX 78746