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IPDN (Professional Diversity Network) Effective Interest Rate on Debt % : 255.17% (As of Dec. 2024)


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What is Professional Diversity Network 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. Professional Diversity Network's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $0.74 Mil. Professional Diversity Network's average total debt for the quarter that ended in Dec. 2024 was $0.29 Mil. Therefore, Professional Diversity Network's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 255.17%.


Professional Diversity Network Effective Interest Rate on Debt % Historical Data

The historical data trend for Professional Diversity Network'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.

Professional Diversity Network Effective Interest Rate on Debt % Chart

Professional Diversity Network Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.83 - 57.05

Professional Diversity Network Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.25 - - 255.17

Competitive Comparison of Professional Diversity Network's Effective Interest Rate on Debt %

For the Staffing & Employment Services subindustry, Professional Diversity Network'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.


Professional Diversity Network's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Professional Diversity Network's Effective Interest Rate on Debt % distribution charts can be found below:

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


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Professional Diversity Network Effective Interest Rate on Debt % Calculation

Professional Diversity Network's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -0.184/( (0.366+0.279)/ 2 )
=-1  *  -0.184/0.3225
=57.05 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.283 + 0.083
=0.366

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.185 + 0.094
=0.279

Professional Diversity Network's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -0.74/( (0.301+0.279)/ 2 )
=-1  *  -0.74/0.29
=255.17 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.217 + 0.084
=0.301

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.185 + 0.094
=0.279

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


Professional Diversity Network  (NAS:IPDN) Effective Interest Rate on Debt % Explanation

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


Professional Diversity Network Effective Interest Rate on Debt % Related Terms

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Professional Diversity Network Business Description

Traded in Other Exchanges
Address
55 East Monroe Street, Suite 2120, Chicago, IL, USA, 60603
Professional Diversity Network Inc is engaged in providing access to networking, training, educational and employment services to its registered users. It has three operating segments: the Professional Diversity Network (PDN) segment, which includes online professional networking communities with career resources for diverse cultural groups and employers looking to hire members; and the National Association of Professional Women (NAPW) segment, which is a women-only professional networking organization, the RemoteMore segment. The company generates majority of its revenue from PDN Segment.
Executives
Yu-jin Chou officer: Secretary 55 E MONROE STREET, SUITE2120, CHICAGO IL 60603
Hongjun Chen 10 percent owner 55 E MONROE STREET, STE 2250, CHICAGO IL 60603
Larry S Aichler officer: Interim CFO 55 E MONROE ST, STE 2120, CHICAGO IL 60603
Christopher Renn director 55 E MONROE ST, SUITE# 2120, CHICAGO IL 60603
Esquivel Russell J Jr. officer: SVP 26844 N 73RD DR, PEORIA AZ 85383
Megan Elizabeth Bozzuto officer: SVP 162 EAST ST, SHARON MA 02067
Grace Reyes director 1191 SOLANO AVENUE #6315, ALBANY CA 94706
Charles Martin Obrien officer: Interim CFO 1131 WARWICK CIRCLE N., HOFFMAN ESTATES IL 60169
Malven Group Ltd 10 percent owner UNIT A, 21/F., CMA BUILDING, 64 CONNAUGHT ROAD CENTRAL, CENTRAL K3 00000
Shea Courtney C. director 1555 N. ASTOR STREET, APARTMENT 9W, CHICAGO IL 60610
Maoji Wang director 13-1-902, BAIWANGJIAYUAN EAST SECTOR, DONGBEIWANG, HAIDIAN DISTRICT, BEIJING F4 000000
Lida Fang director 77 N 3RD RING MIDDLE RD, 24TH FLOOR, ROOM 1105, BEIJING F4 100080
Haibin Gong director 408 NO. 18 BLDG XILI MAJIABAO YANGQIAO, FENGTAI DISTRICT BEIJING CITY F4 100039
Michael D Belsky director 213 LEONARD WOOD NORTH, UNIT 101, HIGHLAND PARK IL 60035
James R Kirsch director, 10 percent owner, officer: Chief Executive Officer 801 W. ADAMS STREET SUITE 600, CHICAGO IL 60607