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Ubiquiti (Ubiquiti) Effective Interest Rate on Debt % : 6.79% (As of Dec. 2023)


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What is Ubiquiti 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. Ubiquiti's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $73 Mil. Ubiquiti's average total debt for the quarter that ended in Dec. 2023 was $1,075 Mil. Therefore, Ubiquiti's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 6.79%.


Ubiquiti Effective Interest Rate on Debt % Historical Data

The historical data trend for Ubiquiti'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.

* Premium members only.

Ubiquiti Effective Interest Rate on Debt % Chart

Ubiquiti Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.61 4.77 2.47 2.57 5.85

Ubiquiti Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only 4.98 6.26 6.92 7.58 6.79

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

For the Communication Equipment subindustry, Ubiquiti'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.


Ubiquiti's Effective Interest Rate on Debt % Distribution in the Hardware Industry

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

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



Ubiquiti Effective Interest Rate on Debt % Calculation

Ubiquiti's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jun. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jun. 2022 )+Total Debt  (A: Jun. 2023 ))/ count )
=-1  *  -58.224/( (853.256+1138.274)/ 2 )
=-1  *  -58.224/995.765
=5.85 %

where

Total Debt  (A: Jun. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=816.647 + 36.609
=853.256

Total Debt  (A: Jun. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1087.433 + 50.841
=1138.274

Ubiquiti's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -73.048/( (1102.055+1048.714)/ 2 )
=-1  *  -73.048/1075.3845
=6.79 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1051.269 + 50.786
=1102.055

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=997.789 + 50.925
=1048.714

* 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. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Ubiquiti  (NYSE:UI) Effective Interest Rate on Debt % Explanation

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


Ubiquiti Effective Interest Rate on Debt % Related Terms

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Ubiquiti (Ubiquiti) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ubiquiti Inc (NYSE:UI) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
685 Third Avenue, 27th Floor, New York, NY, USA, 10017
Ubiquiti Inc is a wireless and wireline network equipment provider for small Internet service providers and small- and midsize-business integrators. Its product is based on two primary categories namely Service Provider Technology and Enterprise Technology. The company generates maximum revenue from Enterprise Technology. Geographically, it derives a majority of revenue from North America and also has a presence in Europe, the Middle East and Africa; Asia Pacific and South America.
Executives
Ronald Sege director 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Brandon Arrindell director UBIQUITI INC., 685 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Benjamin Moore officer: VP Business Development 91 E. TASMAN DRIVE, SAN JOSE CA 95134
Robert J Pera director, 10 percent owner, officer: Chief Executive Officer 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
Rafael Torres director 4359 RED MAPLE CT, SAN JOSE CA 95138
Michael E. Hurlston director 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Kevin Radigan officer: Chief Accounting Officer 685 THIRD AVE, 27TH FLOOR, NEW YORK NY 10017
Mark Spragg officer: Interim CAO 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
John Sanford officer: Chief Technology Officer 91 E. TASMAN DRIVE, SAN JOSE CA 95134
Steven R Altman director
Peter Y Chung director C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLR, BOSTON MA 02116
Summit Partners Private Equity Fund Vii-a, L.p. 10 percent owner C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02110
Fitzgerald Charles James Jr director SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Summit Partners L P other: Manager of GP of 10% owner. 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Jessica Zhou officer: General Counsel & VP UBIQUITI NETWORKS, INC., 91 E. TASMAN DRIVE, SAN JOSE CA 95134

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