CYXTW (Cyxtera Technologies) Effective Interest Rate on Debt %: 7.73% (As of Mar. 2023)

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CYXTW Cyxtera Technologies Inc CYXTW
16 GF Score
Price $2.92
! 2 Warning Signs
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What is Cyxtera Technologies Effective Interest Rate on Debt %?

Cyxtera Technologies CYXTW 16 Effective Interest Rate on Debt % is 7.73% as of Mar. 2023. GuruFocus rates CYXTW with a GF Score™ of 16/100. The stock has 2 warning signs investors should review.

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. Cyxtera Technologies's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was $181.20 Mil. Cyxtera Technologies's average total debt for the quarter that ended in Mar. 2023 was $2,345.40 Mil. Therefore, Cyxtera Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 7.73%.


Cyxtera Technologies  (NAS:CYXTW) Effective Interest Rate on Debt % Explanation

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


Cyxtera Technologies Effective Interest Rate on Debt % Related Terms


Cyxtera Technologies Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Cyxtera Technologies'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.

Cyxtera Technologies Effective Interest Rate on Debt % Chart

Cyxtera Technologies Annual Data
Trend Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
7.13 7.38 7.55

Cyxtera Technologies Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 7.14 6.50 6.88 7.52 7.73

CYXTW vs FCCN, GTCH, SASI: Effective Interest Rate on Debt % Comparison

For the Information Technology Services subindustry, Cyxtera Technologies'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.


Cyxtera Technologies Effective Interest Rate on Debt % vs Software Industry

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

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


CYXTW
16GF Score
Cyxtera Technologies Inc CYXTW
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cyxtera Technologies Effective Interest Rate on Debt % Calculation

Cyxtera Technologies'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  *  -159.4/( (1884.6+2336)/ 2 )
=-1  *  -159.4/2110.3
=7.55 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1834.3 + 50.3
=1884.6

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2022 )+Total Debt  (Q: Mar. 2023 ))/ count )
=-1  *  -181.2/( (2336+2354.8)/ 2 )
=-1  *  -181.2/2345.4
=7.73 %

where

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2268.5 + 86.3
=2354.8

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

What does a Effective Interest Rate on Debt % of 7.73% mean?
Cyxtera Technologies (CYXTW) has a Effective Interest Rate on Debt % of 7.73% as of Mar. 2023. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Cyxtera Technologies and its competitors.
Is Cyxtera Technologies' Effective Interest Rate on Debt % too high?
Cyxtera Technologies' current Effective Interest Rate on Debt % is 7.73%. Overall, Cyxtera Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Cyxtera Technologies' Effective Interest Rate on Debt % compare to FCCN and GTCH?
Cyxtera Technologies' Effective Interest Rate on Debt % of 7.73% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Software company?
A good Effective Interest Rate on Debt % depends on the Software industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Cyxtera Technologies and its competitors. Cyxtera Technologies's current Effective Interest Rate on Debt % is 7.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyxtera Technologies stock overvalued right now?
Cyxtera Technologies (CYXTW) has a current Effective Interest Rate on Debt % of 7.73%. The current Effective Interest Rate on Debt % is 7.73%. Cyxtera Technologies' overall GF Score™ is 16/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Cyxtera Technologies (CYXTW), the current Effective Interest Rate on Debt % is 7.73% as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cyxtera Technologies Business Description

Address 2333 Ponce De Leon Boulevard, Suite 900, Coral Gables, FL, USA, 33134
Cyxtera Technologies Inc is engaged in data center colocation and interconnection services. The company operates a footprint of more than 60 data centers around the world, providing services to more than 2,300 leading enterprises and U.S. federal government agencies. Cyxtera brings proven operational excellence, global scale, flexibility and customer-focused innovation together to provide a comprehensive portfolio of data center and interconnection services.
16GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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