Citrix Systems (LTS:0HYR) Effective Interest Rate on Debt %: 2.75% (As of Jun. 2022)

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What is Citrix Systems Effective Interest Rate on Debt %?

Citrix Systems LTS:0HYR 4 Effective Interest Rate on Debt % is 2.75% as of Jun. 2022. GuruFocus rates LTS:0HYR with a GF Score™ of 4/100. The stock has 6 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. Citrix Systems's annualized positive value of Interest Expense for the quarter that ended in Jun. 2022 was $95.40 Mil. Citrix Systems's average total debt for the quarter that ended in Jun. 2022 was $3,473.19 Mil. Therefore, Citrix Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 was 2.75%.

Citrix Systems  (LTS:0HYR) Effective Interest Rate on Debt % Explanation

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

Citrix Systems Effective Interest Rate on Debt % Related Terms

Citrix Systems Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Citrix Systems'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.

Citrix Systems Effective Interest Rate on Debt % Chart

Citrix Systems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.97 3.98 3.23 4.49 3.39

Citrix Systems Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 2.50 2.54 2.48 2.53 2.75

LTS:0HYR vs SSNC, BILL, TYL: Effective Interest Rate on Debt % Comparison

For the Software - Application subindustry, Citrix Systems'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.

Citrix Systems Effective Interest Rate on Debt % vs Software Industry

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

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


Citrix Systems Effective Interest Rate on Debt % Calculation

Citrix Systems's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2020 )+Total Debt  (A: Dec. 2021 ))/ count )
=-1  *  -91.793/( (1928.389+3492.341)/ 2 )
=-1  *  -91.793/2710.365
=3.39 %

where

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1928.389 + 0
=1928.389

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3492.341 + 0
=3492.341

Citrix Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2022 )+Total Debt  (Q: Jun. 2022 ))/ count )
=-1  *  -95.396/( (3479.511+3466.871)/ 2 )
=-1  *  -95.396/3473.191
=2.75 %

where

Total Debt  (Q: Mar. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3379.559 + 99.952
=3479.511

Total Debt  (Q: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3366.905 + 99.966
=3466.871

* 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 (Jun. 2022) 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 2.75% mean?
Citrix Systems (LTS:0HYR) has a Effective Interest Rate on Debt % of 2.75% as of Jun. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Citrix Systems and its competitors.
Is Citrix Systems' Effective Interest Rate on Debt % too high?
Citrix Systems' current Effective Interest Rate on Debt % is 2.75%. Overall, Citrix Systems has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Citrix Systems' Effective Interest Rate on Debt % compare to SSNC and BILL?
Citrix Systems' Effective Interest Rate on Debt % of 2.75% 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 Citrix Systems and its competitors. Citrix Systems's current Effective Interest Rate on Debt % is 2.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citrix Systems stock overvalued right now?
Citrix Systems (LTS:0HYR) has a current Effective Interest Rate on Debt % of 2.75%. The current Effective Interest Rate on Debt % is 2.75%. Citrix Systems' overall GF Score™ is 4/100 with 6 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 Citrix Systems (LTS:0HYR), the current Effective Interest Rate on Debt % is 2.75% as of Jun. 2022. 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.

Citrix Systems Business Description

Address 851 West Cypress Creek Road, Fort Lauderdale, FL, USA, 33309
Citrix Systems provides virtualization software, including Virtual Apps and Desktops for desktop virtualization and Citrix Virtual Apps for application virtualization. The company also provides Citrix Endpoint Management for mobile device management and Citrix ADC for application delivery and Citrix SDWAN for routing, security, and WAN monitoring.