MeridianLink (MeridianLink) Effective Interest Rate on Debt %

: 9.44% (As of Dec. 2023)

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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. MeridianLink's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $40.1 Mil. MeridianLink's average total debt for the quarter that ended in Dec. 2023 was $424.9 Mil. Therefore, MeridianLink's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 9.44%.

MeridianLink Effective Interest Rate on Debt % Historical Data

The historical data trend for MeridianLink'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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MeridianLink Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

7.19

6.61

6.88

5.66

8.95

MeridianLink Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %													7.08	8.45	8.73	9.18	9.44

Competitive Comparison

For the Software - Application subindustry, MeridianLink'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.

MeridianLink Effective Interest Rate on Debt % Distribution

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

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

MeridianLink Effective Interest Rate on Debt % Calculation

MeridianLink'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 * -38.158	/	( (428.132	+	424.319)	/ 2 )
=	-1 * -38.158	/	426.2255
=	8.95 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	423.404	+	4.728
=	428.132

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	420.004	+	4.315
=	424.319

MeridianLink'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 * -40.124	/	( (425.418	+	424.319)	/ 2 )
=	-1 * -40.124	/	424.8685
=	9.44 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	420.921	+	4.497
=	425.418

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	420.004	+	4.315
=	424.319

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.

MeridianLink (NYSE:MLNK) Effective Interest Rate on Debt % Explanation

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

MeridianLink Effective Interest Rate on Debt % Related Terms

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MeridianLink (MeridianLink) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MeridianLink Inc (NYSE:MLNK) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3560 Hyland Avenue, Suite 200, Costa Mesa, CA, USA, 92626

Website

https://www.meridianlink.com

MeridianLink Inc is a cloud-based software solution for financial institutions, including banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies. It generates maximum revenue from Lending Software Solutions.

Executives

Sean W Blitchok	officer: Chief Financial Officer	MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Edward H Mcdermott	director	60 E. SIR FRANCIS DRAKE BLVD., SUITE 300, LARKSPUR CA 94939
Cowan Cody	director	MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Chris Maloof	officer: President, Go To Market	MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Mark Sachleben	director	C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Duston Williams	director	C/O NUTANIX, INC., 1740 TECHNOLOGY DRIVE, SUITE 150, SAN JOSE CA 95110
Alan R. Arnold	officer: Chief Operating Officer	MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Yael Zheng	director	345 ENCINAL STREET, SANTA CRUZ CA 95060
Reema Poddar	director	1600 SUNFLOWER AVENUE, #200, COSTA MESA CA 92626
Timothy Nguyen	director, officer: Chief Strategy Officer	PROJECT ANGEL PARENT, LLC, 1600 SUNFLOWER AVENUE, SUITE #200, COSTA MESA CA 92626
Paul Andrew Zuber	director	C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES CA 90067
Nicolaas Vlok	director, officer: Chief Executive Officer	MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Chad H. Martin	officer: Chief Financial Officer	MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Thoma Bravo Discover Fund Ii, L.p.	10 percent owner	300 NORTH LASALLE STREET, SUITE 4350, CHICAGO IL 60654
Arthur J. Rohde	director	PROJECT ANGEL PARENT, LLC, 1600 SUNFLOWER AVENUE, SUITE #200, COSTA MESA CA 92626