LegalZoom.com (LegalZoom.com) Effective Interest Rate on Debt % : 10.91% (As of Dec. 2023)

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What is LegalZoom.com 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. LegalZoom.com's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $1.0 Mil. LegalZoom.com's average total debt for the quarter that ended in Dec. 2023 was $9.3 Mil. Therefore, LegalZoom.com's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 10.91%.

LegalZoom.com Effective Interest Rate on Debt % Historical Data

The historical data trend for LegalZoom.com'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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LegalZoom.com Effective Interest Rate on Debt % Chart

LegalZoom.com Annual Data

Trend

Dec10

Dec11

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

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14.87

6.87

5.44

2.31

4.86

LegalZoom.com Quarterly Data
	Dec11	Mar12	Jun12	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															-	-	-	-	10.91

Competitive Comparison of LegalZoom.com's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, LegalZoom.com'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.

LegalZoom.com's Effective Interest Rate on Debt % Distribution in the Business Services Industry

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

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

LegalZoom.com Effective Interest Rate on Debt % Calculation

LegalZoom.com'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 * -0.493	/	( (11.275	+	9.018)	/ 2 )
=	-1 * -0.493	/	10.1465
=	4.86 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8.958	+	2.317
=	11.275

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.966	+	2.052
=	9.018

LegalZoom.com's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2023 )	+	Total Debt (Q: Dec. 2023 ))	/ count )
=	-1 * -1.016	/	( (9.615	+	9.018)	/ 2 )
=	-1 * -1.016	/	9.3165
=	10.91 %

where

	Total Debt (Q: Sep. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	7.346	+	2.269
=	9.615

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6.966	+	2.052
=	9.018

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

LegalZoom.com (NAS:LZ) Effective Interest Rate on Debt % Explanation

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

LegalZoom.com Effective Interest Rate on Debt % Related Terms

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LegalZoom.com (LegalZoom.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » LegalZoom.com Inc (NAS:LZ) » Definitions » Effective Interest Rate on Debt %

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1LZ:Germany

Address

101 North Brand Boulevard, 11th Floor, Glendale, CA, USA, 91203

Website

https://www.legalzoom.com

LegalZoom.com Inc is an online provider of services that meet the legal needs of small businesses and consumers in the United States.

Executives

Richard Preece	officer: COO and Chief Product Officer	101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Nicole Miller	officer: General Counsel	101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Lucaszoom Llc	director, 10 percent owner	LUCASZOOM LLC, 3000 SAND HILL ROAD, BUILDING 1, SUITE 1, MENLO PARK CA 94025
Dipan Patel	director, 10 percent owner	LEGALZOOM.COM, INC., 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Daniel A Wernikoff	director, officer: Chief Executive Officer	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Noel Bertram Watson	officer: Chief Financial Officer	400 1ST AVENUE, C/O TRIPADVISOR, INC., NEEDHAM MA 02494
Shrisha Radhakrishna	officer: Chief Technology Officer	101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Neil Tolaney	director	TECHNOLOGY CROSSOVER MANAGEMENT, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Sivan Whiteley	director	1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Elizabeth Hamren	director	101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Brian Ruder	director, 10 percent owner	LEGALZOOM.COM, INC., 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Francisco Partners Management, Lp	10 percent owner	ONE LETTERMAN DRIVE, BUILDING C, SUITE 410, SAN FRANCISCO CA 94129
Permira V L.p.2	director, 10 percent owner	TRAFALGAR COURT, LES BANQUES, ST PETER PORT Y7 GY1 6DJ
Christine T Wang	director	ONE LETTERMAN DRIVE, BLDG C, STE 410, SAN FRANCISCO CA 94129
Khai Ha	director	C/O GPI CAPITAL, L.P., 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105