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Uber Technologies (Uber Technologies) Effective Interest Rate on Debt % : 5.59% (As of Dec. 2023)


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What is Uber Technologies 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. Uber Technologies's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $620 Mil. Uber Technologies's average total debt for the quarter that ended in Dec. 2023 was $11,095 Mil. Therefore, Uber Technologies's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.59%.


Uber Technologies Effective Interest Rate on Debt % Historical Data

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

Uber Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 7.60 5.28 4.66 5.08 5.67

Uber Technologies 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 5.44 6.05 5.21 6.03 5.59

Competitive Comparison of Uber Technologies's Effective Interest Rate on Debt %

For the Software - Application subindustry, Uber Technologies'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.


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

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

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



Uber Technologies Effective Interest Rate on Debt % Calculation

Uber Technologies'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  *  -633/( (11139+11199)/ 2 )
=-1  *  -633/11169
=5.67 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10938 + 201
=11139

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11009 + 190
=11199

Uber Technologies'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  *  -620/( (10991+11199)/ 2 )
=-1  *  -620/11095
=5.59 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=10817 + 174
=10991

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=11009 + 190
=11199

* 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.


Uber Technologies  (NYSE:UBER) Effective Interest Rate on Debt % Explanation

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


Uber Technologies Effective Interest Rate on Debt % Related Terms

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Uber Technologies (Uber Technologies) Business Description

Industry
Address
1515 3rd Street, San Francisco, CA, USA, 94158
Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food delivery service providers, and shippers with carriers. The firm's on-demand technology platform could eventually be used for additional products and services, such as autonomous vehicles, delivery via drones, and Uber Elevate, which, as the firm refers to it, provides "aerial ride-sharing." Uber Technologies is headquartered in San Francisco and operates in over 63 countries with over 131 million users that order rides or food at least once a month. Approximately 44% of its gross revenue comes from ridesharing and 34% from food delivery.
Executives
Jill Hazelbaker officer: See Remarks 1455 MARKET STREET 4TH FLOOR, SAN FRANCISCO CA 94103
Dara Khosrowshahi director, officer: Chief Executive Officer C/O INTERACTIVE CORP, 152 WEST 57TH ST, NEW YORK NY 10019
Tony West officer: See Remarks 1455 MARKET STREET, 4TH FLOOR, SAN FRANCISCO CA 94103
Nelson Chai officer: Chief Financial Officer C/O CIT GROUP, 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Yasir Al-rumayyan director 3884 PRINCE TURKI IBN ABDUL AZIZ, AL-AWAL ROAD, RIYADH T0 11452
Alexander R Wynaendts director 388 GREENWICH STREET, NEW YORK NY 10013
Sb Cayman 2 Ltd. 10 percent owner C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CTR, 27 HOSPITAL ROAD, GEORGE TOWN E9 KY1-9008
Revathi Advaithi director EATON HOUSE, 30 PEMBROKE ROAD, DUBLIN 4 L2 -
Robert Eckert director MATTEL, INC., 333 CONTINENTAL BLVD, M1-1518, EL SEGUNDO CA 90245
Garrett Camp director, 10 percent owner 1455 MARKET STREET, 4TH FLOOR, SAN FRANCISCO CA 94103
Amanda Ginsberg director MATCH GROUP, INC., 8750 N. CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Thuan Pham officer: Chief Technology Officer 1455 MARKET STREET 4TH FLOOR, SAN FRANCISCO CA 94103
Kalanick Travis Cordell director, 10 percent owner P.O. BOX 10195, PALO ALTO CA 94303
Manik Gupta officer: Chief Product Officer 1999 SCOTT LN, LOS ALTOS CA 94024
Glen Ceremony officer: See Remarks 800 WEST EL CAMINO REAL, MOUNTAIN VIEW CA 94040