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Smartsheet (Smartsheet) Effective Interest Rate on Debt % : 0.00% (As of Jan. 2024)


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What is Smartsheet 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. Smartsheet's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $0.0 Mil. Smartsheet's average total debt for the quarter that ended in Jan. 2024 was $51.5 Mil. Therefore, Smartsheet's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 0.00%.


Smartsheet Effective Interest Rate on Debt % Historical Data

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

Smartsheet Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Effective Interest Rate on Debt %
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Smartsheet Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Smartsheet's Effective Interest Rate on Debt %

For the Software - Application subindustry, Smartsheet'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.


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

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

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



Smartsheet Effective Interest Rate on Debt % Calculation

Smartsheet's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2023 )+Total Debt  (A: Jan. 2024 ))/ count )
=-1  *  0/( (66.784+49.811)/ 2 )
=-1  *  0/58.2975
=0.00 %

where

Total Debt  (A: Jan. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=47.564 + 19.22
=66.784

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=33.555 + 16.256
=49.811

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  0/( (53.136+49.811)/ 2 )
=-1  *  0/51.4735
=0.00 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.679 + 16.457
=53.136

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=33.555 + 16.256
=49.811

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


Smartsheet  (NYSE:SMAR) Effective Interest Rate on Debt % Explanation

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


Smartsheet Effective Interest Rate on Debt % Related Terms

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Smartsheet (Smartsheet) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Smartsheet Inc (NYSE:SMAR) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
500 108th Avenue North East, Suite 200, Bellevue, WA, USA, 98004
Smartsheet is a provider of collaborative work management software delivered via a cloud-based, software-as-a-service model. The firm's solution offers scalable, dynamic tools to improve the efficiency of project and process management across countless use cases. Smartsheet's offering supports workflow management across teams, provides real-time visibility into projects, and reporting and automation capabilities. The firm generates revenue via software subscriptions on a per-user basis, and incremental charges for added platform capabilities.
Executives
Jolene Lau Marshall officer: Chief Legal Officer C/O SMARTSHEET INC., 10500 NE 8TH STREET, #1, BELLEVUE WA 98004
Michael Arntz officer: Chief Revenue Officer C/O SMARTSHEET INC., 10500 NE 8TH ST, STE 1300, BELLEVUE WA 98004
Pete Godbole officer: CFO & Treasurer C/O SMARTSHEET INC., 10500 NE 8TH ST. #1, BELLEVUE WA 98004
Alissa Jamese Abdullah director C/O SMARTSHEET INC., 10500 NE 8TH ST. #1300, BELLEVUE WA 98004
Mark Patrick Mader director, officer: President and CEO 3514 45TH AVE NE, SEATTLE WA 98105
James N White director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
Geoffrey T Barker director 1 MARKET PLAZA, STEUART TOWER, SUITE 800, SAN FRANCISCO CA 94105
Khozema Shipchandler director C/O PIVOTAL SOFTWARE, INC., 875 HOWARD STREET, FIFTH FLOOR, SAN FRANCISCO CA 94103
Michael P Gregoire director C/O CA, INC., ONE CA PLAZA, ISLANDIA NY 11749
Stephen Robert Branstetter officer: Chief Operating Officer C/O SMARTSHEET INC., 10500 NE 8TH STREET, #1, BELLEVUE WA 98004
Elena Gomez director TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215
Megan Hansen officer: Chief People & Culture Officer C/O SMARTSHEET INC., 10500 NE 8TH ST. #1300, BELLEVUE WA 98004
Dennis M Durkin director C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BLVD, SANTA MONICA CA 90405
Andrew Lee Bennett officer: Chief Marketing Officer C/O SMARTSHEET INC., 10500 NE 8TH STREET, #1, BELLEVUE WA 98004
Matthew S Mcilwain director 1000 SECOND AVENUE, SUITE 3700, SEATTLE WA 98104