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. Yext's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $0.5 Mil. Yext's average total debt for the quarter that ended in Jan. 2024 was $107.6 Mil. Therefore, Yext's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 0.51%.
Yext Effective Interest Rate on Debt % Historical Data
The historical data trend for Yext'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.
|
Yext Annual Data
|
|
Trend |
Jan15 |
Jan16 |
Jan17 |
Jan18 |
Jan19 |
Jan20 |
Jan21 |
Jan22 |
Jan23 |
Jan24 |
| Effective Interest Rate on Debt % |
|
|
|
|
|
|
0.25 |
0.47 |
0.40 |
0.47 |
0.42 |
|
Yext Quarterly Data
|
|
Apr19 |
Jul19 |
Oct19 |
Jan20 |
Apr20 |
Jul20 |
Oct20 |
Jan21 |
Apr21 |
Jul21 |
Oct21 |
Jan22 |
Apr22 |
Jul22 |
Oct22 |
Jan23 |
Apr23 |
Jul23 |
Oct23 |
Jan24 |
| Effective Interest Rate on Debt % |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.35 |
0.25 |
0.31 |
0.63 |
0.51 |
Competitive Comparison
For the Software - Infrastructure subindustry, Yext'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.
Yext Effective Interest Rate on Debt % Distribution
For the Software industry and Technology sector, Yext's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Yext's Effective Interest Rate on Debt % falls into.
Yext Effective Interest Rate on Debt % Calculation
Yext'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 * -0.47 | / | ( (118.689 | + | 106.36) | / 2 ) |
| = | -1 * -0.47 | / | 112.5245 |
| = | 0.42 % |
where
Yext'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 * -0.544 | / | ( (108.849 | + | 106.36) | / 2 ) |
| = | -1 * -0.544 | / | 107.6045 |
| = | 0.51 % |
where
* 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.
Yext (YEXT) Business Description
Traded in Other Exchanges
Address
61 Ninth Avenue, New York, NY, USA, 10011
Yext Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud and sync it to approximately 200 services including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp. Digital knowledge is the structured information that a business wants to make publicly accessible. The company also makes search intelligent by helping to provide precise, accurate and current answers to location-based queries that are conducted across the web and mobile applications and voice and artificial intelligence, or AI, engines. The company derives majority of its revenues from subscription services.
Executives
| Ho Shin |
officer: General Counsel |
61 NINTH AVENUE, NEW YORK NY 10011 |
| Brian Distelburger |
director, officer: President |
ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010 |
| Julie Richardson |
director |
YEXT, INC., 1 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10010 |
| Evan Skorpen |
director |
C/O YEXT, INC., 61 NINTH STREET, NEW YORK NY 10011 |
| Faheem Bawa |
officer: Chief Accounting Officer |
C/O YEXT, INC., 61 NINTH STREET, NEW YORK NY 10011 |
| Marc Ferrentino |
officer: President and COO |
61 NINTH AVENUE, NEW YORK NY 10011 |
| Darryl Bond |
officer: Chief Accounting Officer |
ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010 |
| Seth H. Waugh |
director |
C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403 |
| Steven Cakebread |
officer: Chief Financial Officer |
YEXT, INC., ONE MADISON AVE., FIFTH FLOOR, NEW YORK NY 10010 |
| David Rudnitsky |
officer: Chief Revenue Officer |
C/O YEXT, INC., 61 NINTH STREET, NEW YORK NY 10011 |
| Howard Lerman |
director, officer: Chief Executive Officer |
ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010 |
| Tamar Yehoshua |
director |
301 CONGRESS AVE, STE 700, AUSTIN TX 78701 |
| Shane Battier |
director |
2600 VIRGINIA AVENUE NW, SUITE T23 MANAGEMENT OFFICE, WASHINGTON DC 20037 |
| Hillary B Smith |
director |
C/O YEXT, INC, 61 NINTH AVENUE, NEW YORK NY 10011 |
| Michael Walrath |
director |
ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010 |
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