GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global Payments Inc (NYSE:GPN) » Definitions » Effective Interest Rate on Debt %
中文

Global Payments (Global Payments) Effective Interest Rate on Debt % : 3.91% (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Global Payments 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. Global Payments's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $679 Mil. Global Payments's average total debt for the quarter that ended in Dec. 2023 was $17,369 Mil. Therefore, Global Payments's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 3.91%.


Global Payments Effective Interest Rate on Debt % Historical Data

The historical data trend for Global Payments'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.

Global Payments Effective Interest Rate on Debt % Chart

Global Payments Annual Data
Trend May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.93 3.54 3.06 3.41 4.17

Global Payments 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 3.46 3.03 4.28 4.03 3.91

Competitive Comparison of Global Payments's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Global Payments'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.


Global Payments's Effective Interest Rate on Debt % Distribution in the Business Services Industry

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

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



Global Payments Effective Interest Rate on Debt % Calculation

Global Payments'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  *  -660.15/( (14285.897+17375.822)/ 2 )
=-1  *  -660.15/15830.8595
=4.17 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12289.248 + 1996.649
=14285.897

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15692.297 + 1683.525
=17375.822

Global Payments'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  *  -678.748/( (17361.34+17375.822)/ 2 )
=-1  *  -678.748/17368.581
=3.91 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=16570.841 + 790.499
=17361.34

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15692.297 + 1683.525
=17375.822

* 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.


Global Payments  (NYSE:GPN) Effective Interest Rate on Debt % Explanation

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


Global Payments Effective Interest Rate on Debt % Related Terms

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


Global Payments (Global Payments) Business Description

Industry
Traded in Other Exchanges
Address
3550 Lenox Road, Atlanta, GA, USA, 30326
Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. In 2019, Global Payments merged with Total System Services in an all-stock deal that gave Total System Services shareholders 48% of the combined company's shares. The merger added issuer processing operations.
Executives
M Troy Woods director ONE TSYS WAY, COLUMBUS GA 31901
Baldwin Robert H B Jr director C/O HEARTLAND PAYMENT SYSTEMS, INC., 90 NASSAU STREET, PRINCETON NJ 08542
David M Sheffield officer: Chief Accounting Officer 10 GLENLAKE PARKWAY, NORTH TOWER, ATLANTA GA 30328
David Lawrence Green officer: EVP and General Counsel 1431 FAIRVIEW ROAD NE, ATLANTA GA 30306
Kirsten Marie Kliphouse director 531 SOUTH SPRING STREET, BURLINGTON NC 27215
Joshua J Whipple officer: Senior Executive VP and CFO 3550 LENOX ROAD NE, ATLANTA GA 30326
Guido Francesco Sacchi officer: EVP and CIO 533 ORME CIRCLE NE, ATLANTA GA 30306
Andrea M Carter officer: Senior Executive VP and CHRO 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVILLE KY 40222
Jeffrey Steven Sloan director, officer: CEO 5048 NORTHSIDE DRIVE, ATLANTA GA 30327
John G Bruno director
Sla Ii Galaxy Gp, L.l.c. director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Sla Ii Galaxy Holdings, L.p. director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Slp Galaxy Co-invest, L.p. director 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Sla Ii Galaxy Aggregator, L.p. director C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Silver Lake Group, L.l.c. director 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025

Global Payments (Global Payments) Headlines