Cisco Systems (FRA:CIS) Effective Interest Rate on Debt % : 4.92% (As of Jan. 2024)

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What is Cisco Systems 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. Cisco Systems's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was €441 Mil. Cisco Systems's average total debt for the quarter that ended in Jan. 2024 was €8,949 Mil. Therefore, Cisco Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 4.92%.

Cisco Systems Effective Interest Rate on Debt % Historical Data

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

Cisco Systems Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Effective Interest Rate on Debt %

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3.49

2.93

3.27

3.70

4.56

Cisco Systems Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.60	5.00	5.27	5.67	4.92

Competitive Comparison of Cisco Systems's Effective Interest Rate on Debt %

For the Communication Equipment subindustry, Cisco Systems'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.

Cisco Systems's Effective Interest Rate on Debt % Distribution in the Hardware Industry

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

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

Cisco Systems Effective Interest Rate on Debt % Calculation

Cisco Systems's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Jul. 2023 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Jul. 2022 )	+	Total Debt (A: Jul. 2023 ))	/ count )
=	-1 * -386.008	/	( (9353.245	+	7585.464)	/ 2 )
=	-1 * -386.008	/	8469.3545
=	4.56 %

where

	Total Debt (A: Jul. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	8272.928	+	1080.317
=	9353.245

	Total Debt (A: Jul. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6018.832	+	1566.632
=	7585.464

Cisco Systems'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 * -440.64	/	( (7244.55	+	10653.39)	/ 2 )
=	-1 * -440.64	/	8948.97
=	4.92 %

where

	Total Debt (Q: Oct. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6307.02	+	937.53
=	7244.55

	Total Debt (Q: Jan. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	6122.142	+	4531.248
=	10653.39

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.

Cisco Systems (FRA:CIS) Effective Interest Rate on Debt % Explanation

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

Cisco Systems Effective Interest Rate on Debt % Related Terms

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Cisco Systems (FRA:CIS) Business Description

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170 West Tasman Drive, San Jose, CA, USA, 95134-1706

Website

https://www.cisco.com

Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.

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