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SPS Commerce (SPS Commerce) Effective Interest Rate on Debt %

: 0.00% (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. SPS Commerce's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0.0 Mil. SPS Commerce's average total debt for the quarter that ended in Dec. 2023 was $14.5 Mil. Therefore, SPS Commerce's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


SPS Commerce Effective Interest Rate on Debt % Historical Data

The historical data trend for SPS Commerce'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.

SPS Commerce Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
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SPS Commerce Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison

For the Software - Infrastructure subindustry, SPS Commerce'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.


SPS Commerce Effective Interest Rate on Debt % Distribution

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

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



SPS Commerce Effective Interest Rate on Debt % Calculation

SPS Commerce'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  *  0/( (17.286+14.029)/ 2 )
=-1  *  0/15.6575
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=13.009 + 4.277
=17.286

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.569 + 4.46
=14.029

SPS Commerce'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  *  0/( (15.012+14.029)/ 2 )
=-1  *  0/14.5205
=0.00 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10.563 + 4.449
=15.012

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=9.569 + 4.46
=14.029

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


SPS Commerce  (NAS:SPSC) Effective Interest Rate on Debt % Explanation

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


SPS Commerce Effective Interest Rate on Debt % Related Terms

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SPS Commerce (SPS Commerce) Business Description

Industry
Traded in Other Exchanges
Address
333 South Seventh Street, Suite 1000, Minneapolis, MN, USA, 55402
SPS Commerce Inc is a provider of cloud-based supply chain management services for retailers, grocers, distributors, suppliers, and logistics firms to increase supply chain performance, optimize inventory levels and sell-through, reduce operational costs, improve order visibility, and satisfy consumer demands for a seamless omnichannel experience. Its solutions are delivered through the SPS Commerce platform and provide integrations and retail performance analytics to its customers. Its products are; Fulfillment, Analytics, and Other products like Assortment and Community also it provides one-time services such as professional services and testing and certification. The group derives revenue from recurring monthly fees and set-up fees.
Executives
Marty M Reaume director TWILIO INC, 375 BEALE STREET SUITE 300, SAN FRANCISCO CA 94105
Archie C. Black director, officer: President & CEO 333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402
Philip Soran director 12982 VALLEY VIEW RD, EDEN PRAIRIE MN 55344
Kimberly K. Nelson officer: EVP & CFO 2800 MOUNT RIDGE ROAD, ROSEVILLE MN 55113
Sven Wehrwein director
Chadwick Collins director, officer: Chief Executive Officer 333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402
James J. Frome officer: EVP & Chief Strategy Officer 333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402
James Burr Ramsey director C/O NETSUITE INC, 2955 CAMPUS DRIVE SUITE 100, SAN MATEO CA 94403
Anne Sempowski Ward director C/O VANDA PHARMACEUTICALS INC., 2200 PENNSYLVANIA AVENUE, SUITE 300E, WASHINGTON DC 20037
Martin J Leestma director 333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402
Michael A Smerklo director C/O SERVICESOURCE INTERNATIONAL, INC., 634 SECOND STREET, SAN FRANCISCO CA 94107
Michael J Mcconnell director P.O. BOX 6280, NEWPORT BEACH CA 92658
Melvin L Keating director 18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Tami Reller director C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399
Spencer George H. Iii director, 10 percent owner C/O SEYEN CAPITAL, 150 NORTH WACKER DR., SUITE 660, CHICAGO IL 60606

SPS Commerce (SPS Commerce) Headlines