What is Trinet Group 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. Trinet Group's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $56 Mil. Trinet Group's average total debt for the quarter that ended in Mar. 2025 was $1,021 Mil. Therefore, Trinet Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 5.49%.
Trinet Group Effective Interest Rate on Debt % Historical Data
The historical data trend for Trinet Group'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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Trinet Group Effective Interest Rate on Debt % Chart
Competitive Comparison of Trinet Group's Effective Interest Rate on Debt %
For the Staffing & Employment Services subindustry, Trinet Group'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.
Trinet Group's Effective Interest Rate on Debt % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Trinet Group's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Trinet Group's Effective Interest Rate on Debt % falls into.
* 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. 2025) interest expense data.
Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Trinet Group (NYSE:TNET) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Trinet Group Effective Interest Rate on Debt % Related Terms
Thank you for viewing the detailed overview of Trinet Group's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Trinet Group Inc outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&D tax credit services.
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