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Momentive Global (Momentive Global) Effective Interest Rate on Debt % : 7.17% (As of Mar. 2023)


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What is Momentive Global 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. Momentive Global's annualized positive value of Interest Expense for the quarter that ended in Mar. 2023 was $16.6 Mil. Momentive Global's average total debt for the quarter that ended in Mar. 2023 was $231.3 Mil. Therefore, Momentive Global's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2023 was 7.17%.


Momentive Global Effective Interest Rate on Debt % Historical Data

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

Momentive Global Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 7.71 4.60 3.40 3.17 4.41

Momentive Global Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 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 3.25 3.82 5.24 6.47 7.17

Competitive Comparison of Momentive Global's Effective Interest Rate on Debt %

For the Software - Application subindustry, Momentive Global'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.


Momentive Global's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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



Momentive Global Effective Interest Rate on Debt % Calculation

Momentive Global'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  *  -11.476/( (288.241+232.446)/ 2 )
=-1  *  -11.476/260.3435
=4.41 %

where

Total Debt  (A: Dec. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=276.754 + 11.487
=288.241

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=222.5 + 9.946
=232.446

Momentive Global'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  *  -16.592/( (232.446+230.248)/ 2 )
=-1  *  -16.592/231.347
=7.17 %

where

Total Debt  (Q: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=222.5 + 9.946
=232.446

Total Debt  (Q: Mar. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=220.315 + 9.933
=230.248

* 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.


Momentive Global  (NAS:MNTV) Effective Interest Rate on Debt % Explanation

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


Momentive Global Effective Interest Rate on Debt % Related Terms

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Momentive Global (Momentive Global) Business Description

Industry
Traded in Other Exchanges
N/A
Address
One Curiosity Way, San Mateo, CA, USA, 94403
Momentive Global Inc, formerly SVMK Inc is a United States based company. It is engaged in providing survey software products and purpose-built solutions that enable organizations to engage with their key constituents, including their customers, employees and the markets they serve. It offers a cloud-based SaaS platform that helps individuals and organizations design and distribute surveys. Products offered by the company enable individuals and organizations of all sizes to collect and analyze People Powered Data.
Executives
Legion Partners Holdings, Llc director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Sagar Gupta director C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
Raymond T. White director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Legion Partners, Llc director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Legion Partners, L.p. Ii director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Legion Partners, L.p. I director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Legion Partners Asset Management, Llc director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Christopher S Kiper director 12121 WILSHIRE BLVD, SUITE 1240, LOS ANGELES CA 90025
Legion Partners Special Opportunities, L.p. Xvii director 12121 WILSHIRE BLVD., SUITE 1240, LOS ANGELES CA 90025
Clarence Ewell officer: Chief Customer Officer C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
Alexander J Lurie director, officer: Chief Executive Officer 235 SECOND STREET, SAN FRANCISCO CA 94105
Rebecca Cantieri officer: Chief People Officer C/O SVMK INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
Lora D Blum officer: Sr VP, Gen Counsel & Secretary C/O SVMK INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
Priyanka Carr officer: Chief Operating Officer C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
Cherie Buntyn officer: Chief Accounting Officer C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403