Udemy (FRA:7WH) Effective Interest Rate on Debt % : 0.23% (As of Mar. 2024)

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What is Udemy 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. Udemy's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was €0.0 Mil. Udemy's average total debt for the quarter that ended in Mar. 2024 was €5.3 Mil. Therefore, Udemy's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 0.23%.

Udemy Effective Interest Rate on Debt % Historical Data

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

Udemy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

9.24

4.96

Udemy Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial												12.22	-	5.26	2.77	0.23

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

For the Education & Training Services subindustry, Udemy'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.

Udemy's Effective Interest Rate on Debt % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Udemy's Effective Interest Rate on Debt % distribution charts can be found below:

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

Udemy Effective Interest Rate on Debt % Calculation

Udemy'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 * -0.475	/	( (12.788	+	6.373)	/ 2 )
=	-1 * -0.475	/	9.5805
=	4.96 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.178	+	6.61
=	12.788

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.031	+	5.342
=	6.373

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

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -0.012	/	( (6.373	+	4.164)	/ 2 )
=	-1 * -0.012	/	5.2685
=	0.23 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	1.031	+	5.342
=	6.373

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0.869	+	3.295
=	4.164

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

Udemy (FRA:7WH) Effective Interest Rate on Debt % Explanation

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

Udemy Effective Interest Rate on Debt % Related Terms

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Udemy (FRA:7WH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Udemy Inc (FRA:7WH) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

UDMY:USA

Address

600 Harrison Street, 3rd Floor, San Francisco, CA, USA, 94107

Website

https://www.udemy.com

Udemy Inc operates a marketplace platform at the center of a vibrant knowledge network. The Company operated under two operating and reportable segments Consumer and Enterprise.

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