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Five9 (FIVN) Effective Interest Rate on Debt % : 1.03% (As of Mar. 2024)


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What is Five9 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. Five9's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was $10.3 Mil. Five9's average total debt for the quarter that ended in Mar. 2024 was $1,001.6 Mil. Therefore, Five9's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 1.03%.


Five9 Effective Interest Rate on Debt % Historical Data

The historical data trend for Five9'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.

Five9 Effective Interest Rate on Debt % Chart

Five9 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 6.40 6.47 1.09 0.93 0.97

Five9 Quarterly Data
Jun19 Sep19 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 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 0.93 0.94 0.99 0.99 1.03

Competitive Comparison of Five9's Effective Interest Rate on Debt %

For the Software - Infrastructure subindustry, Five9'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.


Five9's Effective Interest Rate on Debt % Distribution in the Software Industry

For the Software industry and Technology sector, Five9's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Five9's Effective Interest Rate on Debt % falls into.



Five9 Effective Interest Rate on Debt % Calculation

Five9'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  *  -7.646/( (790.56+793.878)/ 2 )
=-1  *  -7.646/792.219
=0.97 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=779.765 + 10.795
=790.56

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=781.38 + 12.498
=793.878

Five9'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  *  -10.268/( (793.878+1209.264)/ 2 )
=-1  *  -10.268/1001.571
=1.03 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=781.38 + 12.498
=793.878

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1197.593 + 11.671
=1209.264

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


Five9  (NAS:FIVN) Effective Interest Rate on Debt % Explanation

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


Five9 Effective Interest Rate on Debt % Related Terms

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Five9 (FIVN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Five9 Inc (NAS:FIVN) » Definitions » Effective Interest Rate on Debt %
Traded in Other Exchanges
Address
3001 Bishop Drive, Suite 350, San Ramon, CA, USA, 94583
Five9 offers cloud-native contact center software enabling digital customer service, sales, and marketing engagement. The company's Virtual Contact Center platform combines core telephony functionality, omnichannel engagement, and various modules into a unified cloud contact-center-as-a-service, or CCaaS, platform. Five9's modules include digital self-service, agent assist technology, workflow automation, as well as workforce optimization solutions that optimize call center efficiency, and manage interaction quality and agent performance.
Executives
Panos Kozanian officer: EVP, Product Engineering 3001 BISHOP DR., STE. #350, SAN RAMON CA 94583
Leena Mansharamani officer: SVP, Chief Accounting Officer 3001 BISHOP DR., STE. #350, SAN RAMON CA 94583
Michael Burkland officer: CEO, President and Chairman C/O FIVE9, INC., 4000 EXECUTIVE PARKWAY, SUITE 400, SAN RAMON CA 94583
Daniel P. Burkland officer: EVP, Sales & Business Dev. C/O FIVE9, INC., 4000 EXECUTIVE PARKWAY, SUITE 400, SAN RAMMON CA 94583
Barry Zwarenstein officer: Chief Financial Officer C/O IOMEGA CORP, 4435 EASTGATE MALL 3RD FLOOR, SAN DIEGO CA 92121
Jonathan D Mariner director 2200 WEST DON TYSON PARKWAY, SPRINGDALE AR 72762
Julie Iskow director 2900 UNIVERSITY BOULEVARD, AMES X1 50010
Kimberly Alexy director 500 MCCARTHY BLVD., MILPITAS CA 95035
Jack L Acosta director C/O FIVE9, INC., 4000 EXECUTIVE PARKWAY, SUITE 400, SAN RAMON CA 94583
Rowan M Trollope director, officer: Chief Executive Officer 4000 EXECUTIVE PARKWAY, SUITE #400, SAN RAMON CA 94583
Michael J Burdiek director 39 PARKER, IRVINE CA 92618
Scott Welch officer: EVP, Cloud Operations C/O FIVE9, INC., 4000 EXECUTIVE PARKWAY, SUITE 400, SAN RAMON CA 94583
David G Dewalt director
Ana G. Pinczuk director 5725 DELPHI DRIVE, TROY MI 48098
Robert Zollars director 3061 ZANKER RD, SAN JOSEC CA 95134