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PWSC (PowerSchool Holdings) Effective Interest Rate on Debt % : 9.36% (As of Jun. 2024)


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What is PowerSchool 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. PowerSchool Holdings's annualized positive value of Interest Expense for the quarter that ended in Jun. 2024 was $92.8 Mil. PowerSchool Holdings's average total debt for the quarter that ended in Jun. 2024 was $991.2 Mil. Therefore, PowerSchool Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 was 9.36%.


PowerSchool Holdings Effective Interest Rate on Debt % Historical Data

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

PowerSchool Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
7.28 5.77 6.04 5.37 8.40

PowerSchool Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 8.59 8.12 9.50 9.34 9.36

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

For the Software - Application subindustry, PowerSchool 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.


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

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

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


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PowerSchool Holdings Effective Interest Rate on Debt % Calculation

PowerSchool Holdings'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  *  -66.722/( (749.69+838.021)/ 2 )
=-1  *  -66.722/793.8555
=8.40 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=736.677 + 13.013
=749.69

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=824.684 + 13.337
=838.021

PowerSchool Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Jun. 2024 ))/ count )
=-1  *  -92.772/( (961.174+1021.23)/ 2 )
=-1  *  -92.772/991.202
=9.36 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=823.958 + 137.216
=961.174

Total Debt  (Q: Jun. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=822.453 + 198.777
=1021.23

* 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. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


PowerSchool Holdings  (NYSE:PWSC) Effective Interest Rate on Debt % Explanation

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


PowerSchool Holdings Effective Interest Rate on Debt % Related Terms

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PowerSchool Holdings Business Description

Industry
Traded in Other Exchanges
N/A
Address
150 Parkshore Drive, Folsom, CA, USA, 95630
PowerSchool Holdings Inc is a provider of cloud-based software to the K-12 education market. Its cloud-based technology platform helps schools and districts efficiently manage state reporting and related compliance, special education, finance, HR, talent, registration, attendance, funding, learning, instruction, grading, college and career readiness, assessments, and analytics in one unified platform. The Company's integrated technology approach streamlines operations aggregates disparate data sets and develops insights using predictive modeling and machine learning. It earns revenue from subscription offerings, perpetual software licenses, maintenance and support services, and professional services.
Executives
Shivani Stumpf officer: CPO C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DR., FOLSOM CA 95630
Eric Ryan Shander officer: Chief Financial Officer 100 EAST DAVIE STREET, RALEIGH NC 27601
Hardeep Gulati director, officer: Chief Executive Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630
Devendra Singh officer: Chief Technology Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630
Anthony Kender officer: Chief Revenue Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DR, FOLSOM CA 95630
Fred Studer officer: Chief Marketing Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DR, FOLSOM CA 95630
Zach Levitt director C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DR., FOLSOM CA 95630
Marcy Daniel officer: Chief Product Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630
Angelina Hendraka officer: Chief Accounting Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630
Michael C. Bisignano officer: Chief Legal Officer 520 MADISON AVENUE, NEW YORK NY 10022
Judy Cotte director C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630
Anthony Joseph Miller officer: Chief Marketing Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630
Maulik Datanwala officer: Chief Operating Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630
Onex Partners Iv Gp Ltd director, 10 percent owner C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD., GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Craig Greenseid officer: Chief Revenue Officer C/O POWERSCHOOL HOLDINGS, INC., 150 PARKSHORE DRIVE, FOLSOM CA 95630

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