Global Payments (WBO:GPN) Effective Interest Rate on Debt % : 3.44% (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Global Payments 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. Global Payments's annualized positive value of Interest Expense for the quarter that ended in Sep. 2024 was €562 Mil. Global Payments's average total debt for the quarter that ended in Sep. 2024 was €16,357 Mil. Therefore, Global Payments's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 was 3.44%.

Global Payments Effective Interest Rate on Debt % Historical Data

The historical data trend for Global Payments'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.

Global Payments Effective Interest Rate on Debt % Chart

Global Payments Annual Data

Trend

May14

May15

May16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

3.97

3.38

3.16

3.51

4.12

Global Payments Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.06	3.87	3.65	3.51	3.44

Competitive Comparison of Global Payments's Effective Interest Rate on Debt %

For the Specialty Business Services subindustry, Global Payments'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.

Global Payments's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Payments's Effective Interest Rate on Debt % distribution charts can be found below:

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

Global Payments Effective Interest Rate on Debt % Calculation

Global Payments'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 * -605.358	/	( (13485.887	+	15933.628)	/ 2 )
=	-1 * -605.358	/	14709.7575
=	4.12 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	11601.05	+	1884.837
=	13485.887

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14389.836	+	1543.792
=	15933.628

Global Payments's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Jun. 2024 )	+	Total Debt (Q: Sep. 2024 ))	/ count )
=	-1 * -561.88	/	( (16895.727	+	15818.642)	/ 2 )
=	-1 * -561.88	/	16357.1845
=	3.44 %

where

	Total Debt (Q: Jun. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	14503.5	+	2392.227
=	16895.727

	Total Debt (Q: Sep. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	13709.478	+	2109.164
=	15818.642

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

Global Payments (WBO:GPN) Effective Interest Rate on Debt % Explanation

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

Global Payments Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Global Payments's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Global Payments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global Payments Inc (WBO:GPN) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

GPN:USA GPN:Mexico 1GPN:Italy 0IW7:UK GLO:Germany GLO:Germany

Address

3550 Lenox Road, Atlanta, GA, USA, 30326

Website

https://www.globalpaymentsinc.com

Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. In 2019, Global Payments merged with Total System Services in an all-stock deal that gave Total System Services shareholders 48% of the combined company's shares. The merger added issuer processing operations.