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

Everbridge (Everbridge) Effective Interest Rate on Debt % : 0.60% (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Everbridge 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. Everbridge's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $2.2 Mil. Everbridge's average total debt for the quarter that ended in Dec. 2023 was $359.4 Mil. Therefore, Everbridge's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.60%.


Everbridge Effective Interest Rate on Debt % Historical Data

The historical data trend for Everbridge'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.

Everbridge Effective Interest Rate on Debt % Chart

Everbridge 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 2.85 5.53 6.49 0.88 0.65

Everbridge 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 0.72 0.61 0.61 0.67 0.60

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

For the Software - Application subindustry, Everbridge'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.


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

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

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



Everbridge Effective Interest Rate on Debt % Calculation

Everbridge'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  *  -2.796/( (500.298+359.671)/ 2 )
=-1  *  -2.796/429.9845
=0.65 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=500.298 + 0
=500.298

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=296.561 + 63.11
=359.671

Everbridge'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  *  -2.152/( (359.153+359.671)/ 2 )
=-1  *  -2.152/359.412
=0.60 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=359.153 + 0
=359.153

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=296.561 + 63.11
=359.671

* 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.


Everbridge  (NAS:EVBG) Effective Interest Rate on Debt % Explanation

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


Everbridge Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Everbridge's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Everbridge (Everbridge) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Everbridge Inc (NAS:EVBG) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
25 Corporate Drive, Suite 400, Burlington, MA, USA, 01803
Everbridge Inc is a software company that provides enterprise software applications that automate and accelerate organizations' operational response to critical events to keep people safe and businesses running. The firm's SaaS-based Critical Event Management platform enables its customers to aggregate and assess threat data, locate people at risk and responders able to assist, and automate the execution of pre-defined communications processes and track progress on executing response plans. It serves a wide variety of industries including technology, energy, financial services, healthcare and life sciences, manufacturing, media and entertainment, retail, higher education, and professional services. Geographically, the firm generates key revenue from the United States.
Executives
Phillip E Huff officer: VP, Chief Accounting Officer C/O EVERBRIDGE, INC., 25 CORPORATE DRIVE, BURLINGTON MA 01803
Bryan Reed Barney director C/O EVERBRIDGE, INC., 25 CORPORATE DRIVE, SUITE 400, BURLINGTON MA 01803
Patrick Brickley officer: SVP, Chief Financial Officer C/O EVERBRIDGE, INC., 25 CORPORATE DRIVE, BURLINGTON MA 01803
David Wagner director, officer: Chief Executive Officer 2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 75204
Simon Paris director C/O EVERBRIDGE, INC., 25 CORPORATE DRIVE, 4TH FLOOR, BURLINGTON MA 01803
Richard A Damore director C/O NORTHBRIDGE VENTURE PARTNERS, 950 WINTER ST STE 4600, WALTHAM MA 02451
David J Henshall director 18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Di Leo John P. officer: Chief Revenue Officer 2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 75204
David J Benjamin director C/O BLACKBAUD INC., 65 FAIRCHILD STREET, CHARLESTON SC 29492
Rohit Ghai director C/O EVERBRIDGE, INC., 25 CORPORATE DRIVE, SUITE 400, BURLINGTON MA 01803
Noah F Webster officer: Chief Legal & Compliance Ofc 2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 75204
Ajay Nigam officer: Chief Product Officer C/O EVERBRIDGE, INC., 25 CORPORATE DRIVE, BURLINGTON MA 01803
Vernon Irvin officer: EVP, Chief Revenue Officer C/O EVERBRIDGE, INC., 25 CORPORATE DRIVE, BURLINGTON MA 02108
Sharon T Rowlands director 195 BROADWAY, NEW YORK NY 10007
Kent Mathy director C/O EVERBRIDGE, INC., 25 CORPORATE DRIVE, SUITE 400, BURLINGTON MA 01803