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Braze (BRZE) Effective Interest Rate on Debt % : 0.00% (As of Jan. 2024)


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What is Braze 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. Braze's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $0.0 Mil. Braze's average total debt for the quarter that ended in Jan. 2024 was $90.8 Mil. Therefore, Braze's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 0.00%.


Braze Effective Interest Rate on Debt % Historical Data

The historical data trend for Braze'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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Braze Effective Interest Rate on Debt % Chart

Braze Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Effective Interest Rate on Debt %
- - - - -

Braze Quarterly Data
Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Braze's Effective Interest Rate on Debt %

For the Software - Application subindustry, Braze'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.


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

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

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



Braze Effective Interest Rate on Debt % Calculation

Braze's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Jan. 2023 )+Total Debt  (A: Jan. 2024 ))/ count )
=-1  *  0/( (51.285+90.612)/ 2 )
=-1  *  0/70.9485
=0.00 %

where

Total Debt  (A: Jan. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=40.59 + 10.695
=51.285

Total Debt  (A: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=75.027 + 15.585
=90.612

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

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  0/( (91.037+90.612)/ 2 )
=-1  *  0/90.8245
=0.00 %

where

Total Debt  (Q: Oct. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=76.967 + 14.07
=91.037

Total Debt  (Q: Jan. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=75.027 + 15.585
=90.612

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


Braze  (NAS:BRZE) Effective Interest Rate on Debt % Explanation

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


Braze Effective Interest Rate on Debt % Related Terms

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Braze (BRZE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Braze Inc (NAS:BRZE) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
330 West 34th Street, Floor 18, New York, NY, USA, 10001
Braze Inc is a customer engagement platform that powers customer-centric interactions between consumers and brands. The company provides solutions for Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality related industries.
Executives
Phillip M Fernandez director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Pankaj Malik officer: Chief Accounting Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Myles Kleeger officer: Pres & Chief Customer Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Jonathan Hyman officer: Chief Technology Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Chelsea R. Stoner 10 percent owner C/O AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Susan Wiseman officer: General Counsel C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Russell L Fleischer 10 percent owner 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
Battery Partners Xi Side Fund, Llc 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Michael Maurice Brown 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Isabelle Winkles officer: Chief Financial Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
William Magnuson director, officer: Chief Executive Officer C/O BRAZE, INC., 330 WEST 34TH STREET, FLOOR 18, NEW YORK NY 10001
Scott R Tobin 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Dharmesh Thakker 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Jesse Feldman 10 percent owner ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210
Fernando Machado director 5707 BLUE LAGOON DRIVE, MIAMI FL 33126