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Ansys (ANSS) Effective Interest Rate on Debt % : 5.88% (As of Dec. 2023)


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What is Ansys 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. Ansys's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $50 Mil. Ansys's average total debt for the quarter that ended in Dec. 2023 was $854 Mil. Therefore, Ansys's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.88%.


Ansys Effective Interest Rate on Debt % Historical Data

The historical data trend for Ansys'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.

Ansys Effective Interest Rate on Debt % Chart

Ansys Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 1.46 1.40 2.64 5.48

Ansys 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 4.19 4.97 5.37 5.73 5.88

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

For the Software - Application subindustry, Ansys'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.


Ansys's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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



Ansys Effective Interest Rate on Debt % Calculation

Ansys'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  *  -47.145/( (866.376+854.396)/ 2 )
=-1  *  -47.145/860.386
=5.48 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=866.376 + 0
=866.376

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=854.396 + 0
=854.396

Ansys'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  *  -50.204/( (853.883+854.396)/ 2 )
=-1  *  -50.204/854.1395
=5.88 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=853.883 + 0
=853.883

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=854.396 + 0
=854.396

* 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.


Ansys  (NAS:ANSS) Effective Interest Rate on Debt % Explanation

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


Ansys Effective Interest Rate on Debt % Related Terms

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Ansys (ANSS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Ansys Inc (NAS:ANSS) » Definitions » Effective Interest Rate on Debt %
Address
2600 ANSYS Drive, Canonsburg, PA, USA, 15317
Ansys is an engineering software company that provides simulation capabilities for structural, fluids, semiconductor power, embedded software, optical, and electromagnetic properties. Ansys employs over 4,000 people and serves over 50,000 customers globally, including those in aerospace defense and automotive.
Executives
Glenda Dorchak director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Ajei Gopal director CA, INC., ONE CA PLAZA, ISLANDIA NY 11749
Janet Lee officer: VP, General Counsel 2600 ANSYS DRIVE, CANONSBURG PA 15317
Barbara Vaughn Scherer director 337 ENCINAL ST, SANTA CRUZ CA 95060
Shane Emswiler officer: VP and General Manager 225 WEST STATION SQUARE DRIVE, STE 200, PITTSBURGH PA 15219
Walter Hearn officer: SVP, World Sales & Cust. Exc. 2600 ANSYS DRIVE, CANONSBURG PA 15317
Claire Bramley director HP, 1501 PAGE MILL ROAD, PALO ALTO CA 94304
Richard S. Mahoney officer: VP, WORLDWIDE SALES & SUPPORT 2600 ANSYS DRIVE, CANONSBURG PA 15317
Maria T Shields officer: CFO 2600 ANSYS DRIVE, CANONSBURG PA 15317
Anil Chakravarthy director C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063
Alec D. Gallimore director 2600 ANSYS DRIVE, CANONSBURG PA 15317
Jim Frankola director C/O CLOUDERA INC, 1001 PAGE MILL ROAD, BLDG. 3, PALO ALTO CA 94089
Matthew C. Zack officer: VP, Marketing/Corp Development 2600 ANSYS DRIVE, CANONSBURG PA 15317
Nicole Anasenes director 2600 ANSYS DRIVE, CANONSBURG PA 15317
Robert Calderoni director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309

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