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Informatica (Informatica) Effective Interest Rate on Debt % : 8.30% (As of Mar. 2024)


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What is Informatica 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. Informatica's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $156 Mil. Informatica's average total debt for the quarter that ended in Mar. 2024 was $1,883 Mil. Therefore, Informatica's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 8.30%.


Informatica Effective Interest Rate on Debt % Historical Data

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

Informatica Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 6.00 5.36 5.50 4.06 7.97

Informatica Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.35 7.88 8.30 8.37 8.30

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

For the Software - Infrastructure subindustry, Informatica'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.


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

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

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



Informatica Effective Interest Rate on Debt % Calculation

Informatica'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  *  -151.396/( (1913.202+1887.124)/ 2 )
=-1  *  -151.396/1900.163
=7.97 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1876.938 + 36.264
=1913.202

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1851.963 + 35.161
=1887.124

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -156.388/( (1887.124+1879.739)/ 2 )
=-1  *  -156.388/1883.4315
=8.30 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1851.963 + 35.161
=1887.124

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1845.288 + 34.451
=1879.739

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


Informatica  (NYSE:INFA) Effective Interest Rate on Debt % Explanation

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


Informatica Effective Interest Rate on Debt % Related Terms

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Informatica (Informatica) Business Description

Industry
Traded in Other Exchanges
Address
2100 Seaport Boulevard, Redwood, CA, USA, 94063
Informatica Inc is a pioneered new category of software, the Intelligent Data Management Cloud, or IDMC. IDMC is an AI-powered platform that connects, manages, and unifies data across any multi-cloud, hybrid system, empowering enterprises to modernize and advance data strategies.
Executives
Ansa Sekharan officer: EVP & Chief Customer Officer 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
John Arthur Schweitzer officer: EVP & Chief Revenue Officer 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Amit Walia director, officer: Chief Executive Officer 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Jitesh Ghai officer: EVP & Chief Product Officer 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Mark Pellowski officer: Chief Accounting Officer 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Michael I. Mclaughlin officer: EVP Global Finance & CFO 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063
Eric F Brown officer: EVP & Chief Financial Officer C/O POLYCOM, INC., 4750 WILLOW ROAD, PLEASANTON CA 94588
Betsy Rafael director 550 MERIDIAN AVENUE, SAN JOSE CA 95126
Cesare Ruggiero director 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063
Permira V G.p. L.p. director, 10 percent owner PERMIRA (GUERNSEY) LIMITED, PO BOX 503 TRAFALGAR COURT, LES BANQUES, ST. PETER PORT Y7 GY1 6DJ
Evomlux S.a R.l. director, 10 percent owner C/O PERMIRA ADVISERS LLC, 488, ROUTE DE LONGWY, LUXEMBOURG N4 L-1940
L.p. Ithaca director, 10 percent owner PO BOX 503, TRAFALGAR COURT, LES BANQUES, ST PETER PORT, CHANNEL ISLANDS Y7 GY1 6DJ
Ithaca G.p. Ltd director, 10 percent owner PO BOX 503, TRAFALGAR COURT, LES BANQUES, ST PETER PORT, CHANNEL ISLANDS Y7 GY1 6DJ
Ryan Lanpher director INFORMATICA INC., 2100 SEAPORT BLVD., REDWOOD CITY CA 94063
Austin Locke director 2100 SEAPORT BLVD., REDWOOD CITY CA 94063