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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. Toast's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $0 Mil. Toast's average total debt for the quarter that ended in Dec. 2024 was $31 Mil. Therefore, Toast's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 0.00%.
The historical data trend for Toast'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.
Toast Annual Data | |||||||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||
Effective Interest Rate on Debt % | Get a 7-Day Free Trial | 13.24 | 8.86 | - | - | - |
Toast Quarterly Data | ||||||||||||||||||||
Dec19 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Effective Interest Rate on Debt % | Get a 7-Day Free Trial |
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For the Software - Infrastructure subindustry, Toast'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.
For the Software industry and Technology sector, Toast's Effective Interest Rate on Debt % distribution charts can be found below:
* The bar in red indicates where Toast's Effective Interest Rate on Debt % falls into.
Toast's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (A: Dec. 2023 ) | + | Total Debt (A: Dec. 2024 )) | / count ) |
= | -1 * 0 | / | ( (44 | + | 24) | / 2 ) |
= | -1 * 0 | / | 34 | |||
= | 0.00 % |
where
Total Debt (A: Dec. 2023 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 33 | + | 11 |
= | 44 |
Total Debt (A: Dec. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 24 | + | 0 |
= | 24 |
Toast's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as
Effective Interest Rate on Debt % | ||||||
= | -1 * Interest Expense | / | ( (Total Debt (Q: Sep. 2024 ) | + | Total Debt (Q: Dec. 2024 )) | / count ) |
= | -1 * 0 | / | ( (38 | + | 24) | / 2 ) |
= | -1 * 0 | / | 31 | |||
= | 0.00 % |
where
Total Debt (Q: Sep. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 27 | + | 11 |
= | 38 |
Total Debt (Q: Dec. 2024 ) | |||
= | Long-Term Debt & Capital Lease Obligation | + | Short-Term Debt & Capital Lease Obligation |
= | 24 | + | 0 |
= | 24 |
* 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 (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.
Toast (NYSE:TOST) Effective Interest Rate on Debt % Explanation
Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.
Thank you for viewing the detailed overview of Toast's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.
Stephen Fredette | director, officer: Co-President | TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215 |
Deval L Patrick | director | BAIN CAPITAL, LLC, 200 CLARENDON STREET, BOSTON MA 02116 |
Elena Gomez | officer: Chief Financial Officer | TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215 |
Brian R Elworthy | officer: General Counsel | TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215 |
Aman Narang | director, officer: See Remarks | TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215 |
Christopher P Comparato | director, officer: Chief Executive Officer | TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215 |
David Yuan | director | 250 MIDDLEFIELD RD, MENLO PARK CA 94025 |
Richard Kent Bennett | director | 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538 |
Susan Chapman-hughes | director | 535 DEAN STREET, APT. 910, BROOKLYN NY 11217 |
James Michael Matlock | officer: Principal Accounting Officer | TOAST, INC., 401 PARK DRIVE, BOSTON MA 02215 |
Bessemer Venture Partners Ix L.p. | 10 percent owner | C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538 |
Mark J Hawkins | director | C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555 |
Technology Investment Dining Group, Llc | 10 percent owner | 18 BANK STREET, LEBANON NH 03766 |
Jonathan Grimm | 10 percent owner, officer: Chief Technology Officer | TOAST, INC., 401 PARK DRIVE, SUITE 801, BOSTON MA 02215 |
Paul D Bell | director | C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244 |
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