CrowdStrike Holdings (CrowdStrike Holdings) Effective Interest Rate on Debt % : 3.24% (As of Jan. 2024)

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What is CrowdStrike 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. CrowdStrike Holdings's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $26 Mil. CrowdStrike Holdings's average total debt for the quarter that ended in Jan. 2024 was $794 Mil. Therefore, CrowdStrike Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 3.24%.

CrowdStrike Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for CrowdStrike 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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CrowdStrike Holdings Effective Interest Rate on Debt % Chart

CrowdStrike Holdings Annual Data

Trend

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Effective Interest Rate on Debt %

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0.20

3.25

3.27

CrowdStrike Holdings Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															3.27	3.24	3.25	3.28	3.24

Competitive Comparison of CrowdStrike Holdings's Effective Interest Rate on Debt %

For the Software - Infrastructure subindustry, CrowdStrike 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.

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

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

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

CrowdStrike Holdings Effective Interest Rate on Debt % Calculation

CrowdStrike Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jan. 2023 )	+	Total Debt (A: Jan. 2024 ))	/ count )
=	-1 * -25.756	/	( (783.618	+	792.874)	/ 2 )
=	-1 * -25.756	/	788.246
=	3.27 %

where

	Total Debt (A: Jan. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	770.572	+	13.046
=	783.618

	Total Debt (A: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	778.724	+	14.15
=	792.874

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2023 )	+	Total Debt (Q: Jan. 2024 ))	/ count )
=	-1 * -25.688	/	( (794.923	+	792.874)	/ 2 )
=	-1 * -25.688	/	793.8985
=	3.24 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	780.493	+	14.43
=	794.923

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	778.724	+	14.15
=	792.874

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

CrowdStrike Holdings (NAS:CRWD) Effective Interest Rate on Debt % Explanation

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

CrowdStrike Holdings Effective Interest Rate on Debt % Related Terms

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CrowdStrike Holdings (CrowdStrike Holdings) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

CRWD:Mexico 45C:Germany 45C:Germany

Address

206 E. 9th Street, Suite 1400, Austin, TX, USA, 78701

Website

https://www.crowdstrike.com

CrowdStrike is a cloud-based cybersecurity company specializing in next-generation endpoint and cloud workload protection. CrowdStrike's primary offering is its Falcon platform that offers a proverbial single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The Texas-based firm was founded in 2011 and went public in 2019.

Executives

Michael Sentonas	officer: PRESIDENT	C/O CROWDSTRIKE, INC., 206 E. 9TH STREET, SUITE 1400, AUSTIN TX 78701
George Kurtz	director, 10 percent owner, officer: PRESIDENT AND CEO	CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Sameer K Gandhi	director, 10 percent owner
Anurag Saha	officer: CHIEF ACCOUNTING OFFICER	206 E. 9TH STREET, SUITE 1400, AUSTIN TX 78701
Shawn Henry	officer: Please see remarks	CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Burt W. Podbere	officer: CHIEF FINANCIAL OFFICER	CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Denis Oleary	director	40 MORRIS LANE, SCARSDALE NY 10583
Godfrey Sullivan	director	SPLUNK INC., 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Roxanne S Austin	director	200 N SEPULVEDA BLVD, PO BOX 956 MS ES/001/A102, EL SEGUNDO CA 90245
Johanna Flower	director	C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403
Gerhard Watzinger	director	2821 TARFLOWER WAY, NAPLES FL 34105
Michael J. Carpenter	officer: PRES., GLBAL SALES & FLD OPS	CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Black Colin	officer: CHIEF OPERATING OFFICER	CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVAL CA 94086
Abhishek Maheshwari	officer: CHIEF ACCOUNTING OFFICER	CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Cary Davis	director	C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017