BigBear.ai Holdings (BigBear.ai Holdings) Effective Interest Rate on Debt % : 6.96% (As of Mar. 2024)

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

What is BigBear.ai Holdings 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. BigBear.ai Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $14.2 Mil. BigBear.ai Holdings's average total debt for the quarter that ended in Mar. 2024 was $204.2 Mil. Therefore, BigBear.ai Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 6.96%.

BigBear.ai Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for BigBear.ai Holdings'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.

BigBear.ai Holdings Effective Interest Rate on Debt % Chart

BigBear.ai Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

5.15

7.31

7.08

BigBear.ai Holdings Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial													7.11	7.13	7.11	7.09	6.96

Competitive Comparison of BigBear.ai Holdings's Effective Interest Rate on Debt %

For the Information Technology Services subindustry, BigBear.ai Holdings'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.

BigBear.ai Holdings's Effective Interest Rate on Debt % Distribution in the Software Industry

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

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

BigBear.ai Holdings Effective Interest Rate on Debt % Calculation

BigBear.ai Holdings'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 * -14.2	/	( (200.275	+	200.594)	/ 2 )
=	-1 * -14.2	/	200.4345
=	7.08 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	197.41	+	2.865
=	200.275

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	198.586	+	2.008
=	200.594

BigBear.ai Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2023 )	+	Total Debt (Q: Mar. 2024 ))	/ count )
=	-1 * -14.22	/	( (200.594	+	207.735)	/ 2 )
=	-1 * -14.22	/	204.1645
=	6.96 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	198.586	+	2.008
=	200.594

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	206.061	+	1.674
=	207.735

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

BigBear.ai Holdings (NYSE:BBAI) Effective Interest Rate on Debt % Explanation

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

BigBear.ai Holdings Effective Interest Rate on Debt % Related Terms

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

BigBear.ai Holdings (BigBear.ai Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BigBear.ai Holdings Inc (NYSE:BBAI) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

28K1:Germany

Address

6811 Benjamin Franklin Drive, Suite 200, Columbia, MD, USA, 21046

Website

https://www.bigbear.ai

BigBear.ai Holdings Inc is a technology-led solutions organization, that provides both software and services to its customers. Its AI-powered decision intelligence solutions are leveraged in three markets; supply chains & logistics, autonomous systems, and cybersecurity. It operates in two segments; Cyber & Engineering segment provides high-end technology and management consulting services to its customers, focusing on cloud engineering and enterprise IT, cybersecurity, computer network operations, and wireless, systems engineering, as well as program planning, and Analytics segment provides high-end technology and consulting services to its customers, focusing on data computing and analytical solutions, including predictive and prescriptive analytics solutions.

Executives

Avi S Katz	director	C/O GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
Raluca Dinu	director	C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD., SUITE 200, PALO ALTO CA 94303
Pamela Joyce Braden	director	1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Ae Industrial Partners Fund Ii Gp, Lp	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Norm Laudermilch	officer: Chief Operating Officer	6811 BENJAMIN FRANKLIN DRIVE, SUITE 200, COLUMBIA MD 21046
Joshua Lane Kinley	officer: Chief Financial Officer	1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Amanda Long	director, officer: Chief Executive Officer	1731 EMBARCADERO ROAD, SUITE 200, PALO ALTO CA 94303
Julie Peffer	officer: Chief Financial Officer	1731 EMBARCADERO RD, SUITE 200, PALO ALTO CA 94303
Carolyn Blankenship	officer: General Counsel and Secretary	1731 EMBARCADERO RD, SUITE 200, PALO ALTO CA 94303
Ae Industrial Partners Fund Ii, Lp	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Industrial Partners Fund Ii-a, Lp	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Industrial Partners Fund Ii-b, Lp	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Dorothy D Hayes	director	P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Michael Robert Greene	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Bbai Aggregator, Lp	10 percent owner	1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303