EverCommerce (EverCommerce) Effective Interest Rate on Debt % : 4.36% (As of Mar. 2024)

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What is EverCommerce 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. EverCommerce's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $23.2 Mil. EverCommerce's average total debt for the quarter that ended in Mar. 2024 was $531.7 Mil. Therefore, EverCommerce's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.36%.

EverCommerce Effective Interest Rate on Debt % Historical Data

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

EverCommerce Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Effective Interest Rate on Debt %

9.12

7.31

5.80

6.26

8.69

EverCommerce Quarterly Data
	Dec19	Mar20	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													11.34	3.56	5.00	14.86	4.36

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

For the Software - Infrastructure subindustry, EverCommerce'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.

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

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

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

EverCommerce Effective Interest Rate on Debt % Calculation

EverCommerce'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 * -46.407	/	( (536.446	+	532.196)	/ 2 )
=	-1 * -46.407	/	534.321
=	8.69 %

where

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	530.946	+	5.5
=	536.446

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	526.696	+	5.5
=	532.196

EverCommerce'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 * -23.164	/	( (532.196	+	531.128)	/ 2 )
=	-1 * -23.164	/	531.662
=	4.36 %

where

	Total Debt (Q: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	526.696	+	5.5
=	532.196

	Total Debt (Q: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	525.628	+	5.5
=	531.128

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.

EverCommerce (NAS:EVCM) Effective Interest Rate on Debt % Explanation

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

EverCommerce Effective Interest Rate on Debt % Related Terms

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EverCommerce (EverCommerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » EverCommerce Inc (NAS:EVCM) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

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Traded in Other Exchanges

N/A

Address

3601 Walnut Street, Suite 400, Denver, CO, USA, 80205

Website

https://www.evercommerce.com

EverCommerce Inc service commerce platform, providing vertically tailored, integrated SaaS solutions that support the diverse workflows and customer interactions that professionals in home services, health services, and fitness & wellness services need to automate manual processes, generate new business, and create more loyal customers. It has its geographic presence in United States and in International markets.

Executives

Evan Berlin	officer: Chief Operating Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Sarah Michelle Jordan	officer: Chief Marketing Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Eric Richard Remer	director, officer: Chief Executive Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Matthew David Feiersrtein	officer: President	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Lisa E Storey	officer: General Counsel	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Marc Christopher Thompson	officer: Chief Financial Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Shane Driggers	officer: Chief Human Resources Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Debby Soo	director	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Samuel Christopher Alaimo	officer: Chief Technology Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Ryan H Siurek	officer: Chief Accounting Officer	6200 SPRINT PARKWAY, OVERLAND PARK KS 66251
Lee Dabberdt	officer: Chief Accounting Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
John Rudella	director	C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Lisa M. Sterling	officer: Chief Admin and HR Officer	C/O CERIDIAN HCM HOLDING INC., 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
De Souza Stone Koffi	officer: Chief Operating Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Richard A Simonson	director	C/O SILVER SPRING NETWORKS, INC., 230 W. TASMAN DRIVE, SAN JOSE CA 95134