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View (VIEWQ) Effective Interest Rate on Debt % : 7.62% (As of Sep. 2023)


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What is View 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. View's annualized positive value of Interest Expense for the quarter that ended in Sep. 2023 was $17.6 Mil. View's average total debt for the quarter that ended in Sep. 2023 was $230.9 Mil. Therefore, View's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2023 was 7.62%.


View Effective Interest Rate on Debt % Historical Data

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

View Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
- 10.21 3.88 2.07

View Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 7.54 5.42 6.99 7.62

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

For the Building Products & Equipment subindustry, View'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.


View's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, View's Effective Interest Rate on Debt % distribution charts can be found below:

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



View Effective Interest Rate on Debt % Calculation

View'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  *  -2.926/( (40.538+242.375)/ 2 )
=-1  *  -2.926/141.4565
=2.07 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=36.957 + 3.581
=40.538

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=238.426 + 3.949
=242.375

View'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  *  -17.596/( (230.367+231.393)/ 2 )
=-1  *  -17.596/230.88
=7.62 %

where

Total Debt  (Q: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=226.098 + 4.269
=230.367

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=227.66 + 3.733
=231.393

* 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.


View  (OTCPK:VIEWQ) Effective Interest Rate on Debt % Explanation

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


View Effective Interest Rate on Debt % Related Terms

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View (VIEWQ) Business Description

Industry
Traded in Other Exchanges
N/A
Address
195 South Milpitas Boulevard, Milpitas, CA, USA, 95035
View Inc is a technology company and the market leader in smart windows. View Smart Windows use artificial intelligence to automatically adjust in response to the sun and increase access to natural light, to improve people's health and experience in buildings, while simultaneously reducing energy consumption to mitigate the effects of climate change. Every View installation also includes a smart building platform that consists of power, network, and communication infrastructure.
Executives
Madrone Capital Partners, Llc 10 percent owner 1149 CHESTNUT STREET, SUITE 200, MENLO PARK CA 94025
Guardians Of New Zealand Superannuation 10 percent owner PO BOX 106 607, NEW ZEALAND, AUCKLAND Q2 1143
Rao Mulpuri director, officer: CHIEF EXECUTIVE OFFICER 195 S. MILPITAS BLVD., MILPITAS CA 95035
Scott H Rechler director 225 BROADHOLLOW RD, C/O RECKSON ASSOCIATES, MELVILLE NY 11747
Amy Reeves officer: CHIEF ACCOUNTING OFFICER 195 S. MILPITAS BLVD., MILPITAS CA 95035
Julie Larson-green director C/O HEALTH CATALYST, INC., 3165 MILLROCK DR., #400, SALT LAKE CITY UT 84121
Lisa Picard director 195 S. MILPITAS BLVD., MILPITAS CA 95035
Svf Endurance (cayman) Ltd 10 percent owner C/O WALKERS CORPORATE LIMITED, 27 HOSPITAL ROAD, GEORGE TOWN E9 KY1-9008
William T. Krause officer: See Remarks 195 S. MILPITAS BLVD., MILPITAS CA 95035
Svf Excaliber (cayman) Ltd 10 percent owner 27 HOSPITAL ROAD, WALKERS CORPORATE LTD., CAYMAN CORPORATE CENTRE, GEORGE TOWN, GRAND CAYMAN E9 KY-9008
Nigel Gormly director 195 S. MILPITAS BLVD., MILPITAS CA 95035
Toby Cosgrove director 195 S. MILPITAS BLVD., MILPITAS CA 95035
Martin Neumann officer: See Remarks 195 S. MILPITAS BLVD., MILPITAS CA 95035
Rahul Bammi officer: CHIEF BUSINESS OFFICER 195 S. MILPITAS BLVD., MILPITAS CA 95035
Nitesh Trikha officer: See Remarks 195 S. MILPITAS BLVD., MILPITAS CA 95035

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