IronNet (IronNet) Effective Interest Rate on Debt % : 12.79% (As of Oct. 2023)

View and export this data going back to 2021. Start your Free Trial

What is IronNet 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. IronNet's annualized positive value of Interest Expense for the quarter that ended in Oct. 2023 was $3.66 Mil. IronNet's average total debt for the quarter that ended in Oct. 2023 was $28.62 Mil. Therefore, IronNet's annualized Effective Interest Rate on Debt % for the quarter that ended in Oct. 2023 was 12.79%.

IronNet Effective Interest Rate on Debt % Historical Data

The historical data trend for IronNet'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.

IronNet Effective Interest Rate on Debt % Chart

IronNet Annual Data

Trend

Jan21

Jan22

Jan23

Effective Interest Rate on Debt %

1.61

20.70

6.15

IronNet Quarterly Data
	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial								12.93	20.67	22.45	17.96	12.79

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

For the Software - Infrastructure subindustry, IronNet'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.

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

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

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

IronNet Effective Interest Rate on Debt % Calculation

IronNet's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jan. 2022 )	+	Total Debt (A: Jan. 2023 ))	/ count )
=	-1 * -1.273	/	( (0	+	20.707)	/ 1 )
=	-1 * -1.273	/	20.707
=	6.15 %

where

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

	Total Debt (A: Jan. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	20.707
=	20.707

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jul. 2023 )	+	Total Debt (Q: Oct. 2023 ))	/ count )
=	-1 * -3.66	/	( (27.205	+	30.038)	/ 2 )
=	-1 * -3.66	/	28.6215
=	12.79 %

where

	Total Debt (Q: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	27.205
=	27.205

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	28.539	+	1.499
=	30.038

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

IronNet (OTCPK:IRNTQ) Effective Interest Rate on Debt % Explanation

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

IronNet Effective Interest Rate on Debt % Related Terms

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

IronNet (IronNet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IronNet Inc (OTCPK:IRNTQ) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7900 Tysons One Place, Suite 400, McLean, VA, USA, 22102

Website

https://www.ironnet.com

IronNet Inc is a cybersecurity leader that is transforming how organizations secure their networks by delivering the first-ever Collective Defense platform operating at scale.

Executives

Linda Kay Zecher	director, officer: Chief Executive Officer	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Donald Closser	officer: Chief Product Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Cameron Pforr	officer: Chief Financial Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
James C Gerber	officer: Chief Financial Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
William E Welch	director, officer: Co-CEO & Director	C/O ZSCALER INC, 110 ROSE ORCHARD WAY, SAN JOSE CA 95134
Michael J Rogers	director	C/O IRONNET, INC., 7900 TYSONS ONCE PLACE, SUITE 400, MCLEAN VA 22102
John M Keane	director	C/O METLIFE INC, ONE MADISON AVE, NEW YORK NY 10010
Keith Brian Alexander	director, officer: Co-CEO, President & Chairman	P.O. BOX 81226, SEATTLE WA 98108-1226
Forgepoint Cybersecurity Fund I, L.p.	10 percent owner	400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cybersecurity Gp-i, Llc	10 percent owner	400 S EL CAMINO REAL SUITE 1050, SAN MATEO CA 94402
Andre Pienaar	director	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Sean Foster	officer: Chief Revenue Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Russell Cobb	officer: Chief Marketing Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Forgepoint Cyber Co-investors I-e, L.p.	10 percent owner	400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cyber Co-investors I-c, L.p.	10 percent owner	400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402