SKIL (Skillsoft) Effective Interest Rate on Debt % : 10.08% (As of Jan. 2025)

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What is Skillsoft 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. Skillsoft's annualized positive value of Interest Expense for the quarter that ended in Jan. 2025 was $59.9 Mil. Skillsoft's average total debt for the quarter that ended in Jan. 2025 was $594.3 Mil. Therefore, Skillsoft's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 was 10.08%.

Skillsoft Effective Interest Rate on Debt % Historical Data

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

Skillsoft Annual Data

Trend

Dec19

Jan20

Jan23

Jan24

Jan25

Effective Interest Rate on Debt %

8.31

10.17

10.33

Skillsoft Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jul21	Oct21	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															10.41	10.20	10.36	10.29	10.08

Competitive Comparison of Skillsoft's Effective Interest Rate on Debt %

For the Education & Training Services subindustry, Skillsoft'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.

Skillsoft's Effective Interest Rate on Debt % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Skillsoft's Effective Interest Rate on Debt % distribution charts can be found below:

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

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Skillsoft Effective Interest Rate on Debt % Calculation

Skillsoft's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jan. 2024 )	+	Total Debt (A: Jan. 2025 ))	/ count )
=	-1 * -63.516	/	( (641.171	+	588.893)	/ 2 )
=	-1 * -63.516	/	615.032
=	10.33 %

where

	Total Debt (A: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	586.738	+	54.433
=	641.171

	Total Debt (A: Jan. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	579.698	+	9.195
=	588.893

Skillsoft's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Oct. 2024 )	+	Total Debt (Q: Jan. 2025 ))	/ count )
=	-1 * -59.912	/	( (599.652	+	588.893)	/ 2 )
=	-1 * -59.912	/	594.2725
=	10.08 %

where

	Total Debt (Q: Oct. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	581.151	+	18.501
=	599.652

	Total Debt (Q: Jan. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	579.698	+	9.195
=	588.893

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 (Jan. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Skillsoft (NYSE:SKIL) Effective Interest Rate on Debt % Explanation

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

Skillsoft Effective Interest Rate on Debt % Related Terms

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Skillsoft Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Skillsoft Corp (NYSE:SKIL) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Innovative Way, Suite 2210, Nashua, NH, USA, 2210

Website

https://www.skillsoft.com

Skillsoft Corp is a leader in corporate digital learning. The company's segment includes Talent Development Solutions and Global Knowledge. Talent Development Solutions brings a foundation of products and customers. TDS enterprise-grade solution serves customers and employees world-wide. TDS Learner is a world-renowned consumer-scale and experience learner platform that serves learners world-wide. The Global Knowledge segment is centered around instructor-led training, or live learning, with face-to-face delivery by experienced trainers, both in-person and virtually. The majority of revenue is from the Content & Platform segment.

Executives

Jeffrey R Tarr	director, officer: Chief Executive Officer	DIGITALGLOBE, INC., 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Peter Schmitt	director	640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Matthew Glitzer	officer: CHIEF REVENUE OFFICER	300 INNOVATIVE WAY, SUITE 201, NASHUA NH 03062
Lawrence Charles Illg	director	SYMPHONY OFFICES, GUSTAV MAHLERPLEIN 5, AMSTERDAM P7 1082 MS
Jose Torres	officer: Chief Accounting Officer	1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Richard Walker	officer: Chief Strategy & Corp Dev Ofc	C/O SERVICESOURCE INTERNATIONAL, INC., 717 17TH STREET, 5TH FLOOR, DENVER CO 80202
Patrick Kolek	director	SYMPHONY OFFICES, GUSTAV MAHLERPLEIN 5, AMSTERDAM P7 1082 MS
Ciara Harrington	officer: Interim Chief People Officer	C/O SKILLSOFT CORP., 300 INNOVATION WAY, SUITE 201, NASHUA NH 03062-5746
Gary W Ferrera	officer: Chief Financial Officer	3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Kristi Hummel	officer: Chief People Officer	300 INNOVATIVE WAY, SUITE 201, NASHUA NH 03062
Zachary Sims	officer: GM Tech & Dev, CEO Codecademy	575 BROADWAY, 5TH FLOOR, NEW YORK NY 10012
Mih Learning B.v.	director, 10 percent owner	SYMPHONY OFFICES, GUSTAV MAHLERPLEIN 5, AMSTERDAM P7 1082 MS
Naspers Ltd	director, 10 percent owner	NASPERS CENTRE PO BOX 2271, CAPETOWN 8000, SOUTH AFRICA T3 00000
N.v. Prosus	director, 10 percent owner	SYMPHONY OFFICES, GUSTAV MAHLERPLEIN 5, AMSTERDAM P7 1082 MS
Ryan H Murray	officer: Interim CFO, CAO	SKILLSOFT CORP, 300 INNOVATIVE WAY #201, NASHUA NH 03062