MRINQ (Marin Software) Effective Interest Rate on Debt %: 0.00% (As of Sep. 2024)

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MRINQ Marin Software Inc MRINQ
12 GF Score
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What is Marin Software Effective Interest Rate on Debt %?

Marin Software MRINQ +6.67% 12 Effective Interest Rate on Debt % is 0.00% as of Sep. 2024. GuruFocus rates MRINQ with a GF Score™ of 12/100.

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. Marin Software's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was $0.00 Mil. Marin Software's average total debt for the quarter that ended in Sep. 2024 was $1.02 Mil. Therefore, Marin Software's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 0.00%.


Marin Software  (GREY:MRINQ) Effective Interest Rate on Debt % Explanation

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


Marin Software Effective Interest Rate on Debt % Related Terms


Marin Software Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Marin Software'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.

Marin Software Effective Interest Rate on Debt % Chart

Marin Software Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Marin Software Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.00 0.00 0.00 0.00 0.00

MRINQ vs BBLR, RTCJD, XYLB: Effective Interest Rate on Debt % Comparison

For the Software - Application subindustry, Marin Software'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.


Marin Software Effective Interest Rate on Debt % vs Software Industry

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

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


MRINQ
12GF Score
Marin Software Inc MRINQ
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Marin Software Effective Interest Rate on Debt % Calculation

Marin Software'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/( (3.844+1.912)/ 2 )
=-1  *  0/2.878
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.199 + 1.645
=3.844

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.394 + 1.518
=1.912

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2024 )+Total Debt  (Q: Sep. 2024 ))/ count )
=-1  *  0/( (1.219+0.819)/ 2 )
=-1  *  0/1.019
=0.00 %

where

* 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 (Sep. 2024) 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 0.00% mean?
Marin Software (MRINQ) has a Effective Interest Rate on Debt % of 0.00% as of Sep. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Marin Software and its competitors.
Is Marin Software's Effective Interest Rate on Debt % too high?
Marin Software's current Effective Interest Rate on Debt % is 0.00%. Overall, Marin Software has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Marin Software's Effective Interest Rate on Debt % compare to BBLR and RTCJD?
Marin Software's Effective Interest Rate on Debt % of 0.00% 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 Marin Software and its competitors. Marin Software's current Effective Interest Rate on Debt % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marin Software stock overvalued right now?
Marin Software (MRINQ) has a current Effective Interest Rate on Debt % of 0.00%. The current Effective Interest Rate on Debt % is 0.00%. Marin Software's overall GF Score™ is 12/100. 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 Marin Software (MRINQ), the current Effective Interest Rate on Debt % is 0.00% as of Sep. 2024. 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.

Marin Software Business Description

Address 149 New Montgomery Street, 4th Floor, San Francisco, CA, USA, 94105
Marin Software Inc provides a cloud-based digital advertising management solution for search, display, social, and mobile advertising channels to improve financial performance, realize efficiencies and time savings, and improve business decisions. The company's enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. Its software solution is designed to help its customers measure the effectiveness of their advertising campaigns through its reporting and analytics capabilities; and manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions. All the business activity of the firm is functioned through the geographical regions of The United States.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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