Paya Holdings (Paya Holdings) Effective Interest Rate on Debt % : 7.61% (As of Dec. 2022)

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What is Paya Holdings 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. Paya Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was $18.6 Mil. Paya Holdings's average total debt for the quarter that ended in Dec. 2022 was $244.2 Mil. Therefore, Paya Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 7.61%.

Paya Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for Paya Holdings'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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Paya Holdings Effective Interest Rate on Debt % Chart

Paya Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

8.94

7.94

6.05

5.83

Paya Holdings Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Effective Interest Rate on Debt %	Get a 7-Day Free Trial									5.13	4.85	5.19	5.69	7.61

Competitive Comparison of Paya Holdings's Effective Interest Rate on Debt %

For the Software - Infrastructure subindustry, Paya Holdings'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.

Paya Holdings's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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

Paya Holdings Effective Interest Rate on Debt % Calculation

Paya Holdings'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 * -14.311	/	( (247.115	+	243.855)	/ 2 )
=	-1 * -14.311	/	245.485
=	5.83 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	245.813	+	1.302
=	247.115

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	242.691	+	1.164
=	243.855

Paya Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2022 )	+	Total Debt (Q: Dec. 2022 ))	/ count )
=	-1 * -18.588	/	( (244.628	+	243.855)	/ 2 )
=	-1 * -18.588	/	244.2415
=	7.61 %

where

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	243.392	+	1.236
=	244.628

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	242.691	+	1.164
=	243.855

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. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Paya Holdings (NAS:PAYA) Effective Interest Rate on Debt % Explanation

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

Paya Holdings Effective Interest Rate on Debt % Related Terms

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Paya Holdings (Paya Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Paya Holdings Inc (NAS:PAYA) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

303 Perimeter Center N, Suite 600, Atlanta, GA, USA, 30346

Website

https://www.paya.com

Paya Holdings Inc is a provider of integrated payment and frictionless commerce solutions that help customers accept and make payments, expedite the receipt of money, and increase operating efficiencies. Its operating segment includes Integrated Solutions and Payment Services. The company generates maximum revenue from the Integrated Solutions segment. The Integrated Solutions segment represents the delivery of credit and debit card payment solutions, and to a lesser extent, ACH processing solutions to customers via integrations with software partners across strategic vertical markets. Integrated Solutions partners also include vertical-focused front-end Customer Relationship Management software providers as well as back-end Enterprise Resource Planning and accounting solutions.

Executives

Debora Boyda	director	303 PERIMETER CENTER NORTH, ATLANTA GA 30346
Benjamin Nicolas Weiner	officer: See Remarks.	303 PERIMETER CENTER NORTH, SUITE 600, ATLANTA GA 30346
Balaji Devarasetty	officer: Chief Information Officer	303 PERIMETER CENTER NORTH, ATLANTA GA 30346
Michele Shepard	officer: Chief Commercial Officer	303 PERIMETER CIRCLE NORTH, ATLANTA GA 30346
Sid Singh	director	1550 PEACHTREE STREET NW, ATLANTA GA 30309
Oni Chukwu	director	303 PERIMETER CENTER NORTH, SUITE 600, ATLANTA GA 30346
Melinda Doster	officer: GENERAL COUNSEL & HHR	303 PERIMETER CENTER NORTH, SUITE 600, ATLANTA GA 30346
Eric Christopher Bell	officer: Chief Accounting Officer	303 PERIMETER CENTER NORTH, SUITE 600, ATLANTA GA 30346
Christine E Larsen	director	C/O FIRST DATA CORPORATION, FIRST DATA, 225 LIBERTY STREET, NEW YORK NY 10281
Betsy Z Cohen Trust Dated 10/7/99	other: Member of 10% owner group	1845 WALNUT STREET SUITE 1111, PHILADELPHIA PA 19104
Edward E Cohen Trust Dated 10/7/99	other: Member of 10% owner group	1845 WALNUT STREET SUITE 1111, PHILADELPHIA PA 19103
Foundation Arete	other: Member of 10% owner group	1845 WALNUT STREET SUITE 1111, PHILADELPHIA PA 19103
Betsy & Edward Cohen 2012 Grandchildren Trust Dated 5/22/2012	other: Member of 10% owner group	1845 WALNUT STREET SUITE 1111, PHILADELPHIA PA 19103
Gtcr Partners Xi/a&c Lp	director, 10 percent owner	300 NORTH LASALLE STREET, SUITE 5600, CHICAGO IL 60654
Gtcr Investment Xi Llc	director, 10 percent owner	300 NORTH LASALLE STREET, SUITE 5600, CHICAGO IL 60654