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Edgio (EGIO) Effective Interest Rate on Debt %

: 4.79% (As of Sep. 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. Edgio's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $6.4 Mil. Edgio's average total debt for the quarter that ended in Sep. 2023 was $134.0 Mil. Therefore, Edgio's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 4.79%.


Edgio Effective Interest Rate on Debt % Historical Data

The historical data trend for Edgio'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.

Edgio Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.49 6.08 4.37 4.52

Edgio Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Effective Interest Rate on Debt % 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 Premium Member Only Premium Member Only Premium Member Only 4.49 4.85 4.64 5.04 4.79

Competitive Comparison

For the Software - Infrastructure subindustry, Edgio'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.


Edgio Effective Interest Rate on Debt % Distribution

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

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



Edgio Effective Interest Rate on Debt % Calculation

Edgio's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  -6.094/( (133.259+136.369)/ 2 )
=-1  *  -6.094/134.814
=4.52 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=131.398 + 1.861
=133.259

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=131.812 + 4.557
=136.369

Edgio's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2023 )+Total Debt  (Q: Sep. 2023 ))/ count )
=-1  *  -6.416/( (134.421+133.526)/ 2 )
=-1  *  -6.416/133.9735
=4.79 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=130.8 + 3.621
=134.421

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=130.757 + 2.769
=133.526

* 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 (Sep. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Edgio  (NAS:EGIO) Effective Interest Rate on Debt % Explanation

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


Edgio Effective Interest Rate on Debt % Related Terms

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Edgio (EGIO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Edgio Inc (NAS:EGIO) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
11811 North Tatum Boulevard, Suite 3031, Phoenix, AZ, USA, 85028
Edgio Inc is an edge-enabled software solutions provider powering unmatched, secure digital experiences through a seamlessly integrated delivery, applications, and streaming platform. Its geographical segment includes the Americas, EMEA, and Asia Pacific of which it generates the majority of its revenue from the Americas region.
Executives
Eric Chang officer: Chief Accounting Officer AVIAT NETWORKS, 5200 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Stephen Cumming officer: Chief Financial Officer 2325 ORCHARD PARKWAY, SAN JOSE CA 95131
Diegnan Richard P. Jr officer: Chief Legal Officer C/O INTERNAP CORPORATION, ONE RAVINIA DRIVE, SUITE 1300, ATLANTA GA 30346
Apollo Management Holdings, L.p. 10 percent owner 9 W. 57TH STREET, NEW YORK NY 10019
College Top Holdings, Inc. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
College Parent Holdings Gp, Llc 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
College Parent L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Ap Ix College Holdings, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
E-fei Wang director 1465 NORTH SCOTTSDALE ROAD, STE 500, SCOTTSDALE AZ 85257
Apollo Management Ix, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Reed B Rayman director 6775 LENOX CENTER COURT, SUITE 400, MEMPHIS TN 38115
Dianne Ledingham director ONE ROGERS STREET, CAMBRIDGE MA 02142
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Management, L.p. 10 percent owner 2 MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577
Apollo Management Gp, Llc 10 percent owner TWO MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577